These are not the only upgrades and downgrades affecting shares in pre-market trading today, but these are the initial calls that 247WallSt.com is focusing on: American Express (NYSE: AXP), Capital One (NYSE: COF), and…
Markets in Europe were modestly higher at 7.05 AM. The FTSE was up .6% to 6,066. Barclays (BCS) is up 2.2% 482.5. Vodafone (VOD) is down 1.7% to 178.2. The DAXX is higher by…
News Corp (NWS) would probably love to own Yahoo! (YHOO). In December, in the US, Murdoch’s online properties had 81,8 million unique visitors. Most of that is due to MySpace. Yahoo! had 136,6 million…
With all those subprime write-downs hitting bank and investment house balance sheets it would be nice for them to off-load some of the LBO debt they have taken on over the last year. No…
If Yahoo! (YHOO) wants to remain an independent company, it can always do a deal with the devil–Google (GOOG). According to a number of reports, the largest search company has already approached Yahoo! and…
According to Reuters, Aluminum Corp of China has no plans to increase its stake in Rio Tinto (RTP). Reuters writes that Yahoo! (YHOO) is considering a business alliance with Google (GOOG) as one way…
Markets in Asia were sharply higher. The Nikkei rose 2.6% to 13,860. Mazda was up 4.8% to 482. NEC was up 5.7% to 447. Sharp was up 7.7% to 1967. The Hang Seng rose…
No one thought that Google (GOOG) would like Microsoft’s (MSFT) bid for Yahoo!.(YHOO). While Google will still be the world leader in search, the new combined company proposed by Redmond would be No.2. According…
We are constantly looking for the business angle of current events, and what could be more pressing than the Super Bowl today. More people watch the Super Bowl than watch live coverage of presidential…
Microsoft (MSFT) kept the Linux desktop people at bay for years. The open source operating systems wanted a piece of Redmond’s huge Windows PC franchise. The problem with Linux software is that moving it…
The IPO and M&A markets have gone to pieces. No one would be surprised but the extent of the decline is shocking. Global IPO activity is lower than it has been at any time…
On Tuesday, we’ll get to see earnings out of Bankrate Inc. (NASDAQ:RATE). The estimates from First Call for the internet-based consumer banking company are $0.39 EPS on $26.84 million in revenues. Estimates for fiscal…
On Tuesday (actually late Monday night in the U.S.), we’ll get to see earnings out of BHP Billiton Ltd. (NYSE: BHP). The estimates from First Call for the metal and mining giant were not…
After the close on this coming Wednesday, we’ll get to see earnings out of perhaps one of the most important tech companies: Cisco Systems, Inc. (NASDAQ:CSCO). The estimates from First Call for the networking…
On Monday, we’ll get to see earnings out of Yum! Brands Inc. (NYSE:YUM). The estimates from First Call for the fast food franchise giant are $0.42 EPS on $3.14 billion in revenues. Estimates for…
On Monday, we’ll get to see earnings out of Synchronoss Technologies, Inc. (NASDAQ:SNCR). The estimates from First Call for the transaction management software developer are $0.20 EPS on $35.65 million in revenues. Estimates for…
On Monday afternoon, we’ll get to see earnings out of NEWS CORP (NYSE:NWS). The estimates from First Call for Rupert Murdoch’s now even larger media empire appear to be $0.27 EPS on $8.24 Billion…
On Monday evening, we’ll get to see earnings out of Sohu.com Inc. (NASDAQ: SOHU). The estimates from First Call for the Chinese online search and advertising company $55.42 million in revenues. Estimates for fiscal…
On Monday after the close, we’ll get to see earnings out of Rambus Inc. (NASDAQ: RMBS). The estimates from First Call for the royalty chip company are -$0.10 EPS on $40 million in revenues,…
On Monday, we’ll get to see earnings out of Archer-Daniels-Midland Co. (NYSE:ADM). The estimates from First Call for the agriculture giant are $0.74 EPS on $12.65 Billion in revenues. Estimates for fiscal June 2008…