If you look at the share prices in Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM) you might wonder if this is euphoria over the fact that there is at least some decent…
TD Ameritrade (NASDAQ: AMTD) is set to report earnings tomorrow morning. What is interesting is that Joe Moglia’s discount broker is down today, while Charles Schwab (NASDAQ: SCHW) is trading higher after its earnings…
When you have ridden in a taxi cab, have you ever thought of the business metrics behind the business of being a cab driver? I have. Medallion Financial Corp. (NASDAQ:TAXI) is the business that…
Goldman Sachs is RAISING ITS 2008 GOLD FORECASTS factoring for a recession in the U.S. in both Q2 and Q3 2008, leading to a weaker U.S. Dollar target of $1.51/Euro (up from $1.35) over…
Goldman Sachs is out with a call covering the steel stocks. We’ll be keeping this one shortened to keep it in a summary format. Goldman is noting that US STEEL PRICES ARE SET TO…
The Consumer Pricing Index for DECEMBER 2007 is showing that prices on the consumer level are not running out of control. The CPI came in at +0.3% on nominal CPI and +0.2% on a…
Ambac Financial Group, Inc. (NYSE: ABK) has finally come clean, but this coming clean is so brutal that it will be dirty. Below are some of the summary changes, many of which are substantial:…
Sun Microsystems (JAVA) just can’t seem to get things right. Sun expects to report revenues for the second quarter of fiscal 2008 of approximately $3.60 billion, an increase of approximately 1 percent as compared…
These are not at all the only analyst calls that 247WallSt.com is looking at today in an active negative market, but these are 10 of the more influential calls that may stand out in…
After essentially a near-decade of rumors, bids, rejections, and infighting, BEA Systems (NASDAQ: BEAS) is finally being acquired. The company has capitulated and Larry Ellison’s empire is the winner. Oracle Corp. (NASDAQ: ORCL) is…
Chip-equipment supplier ASML Holding NV (NASDAQ: ASML) is seeing shares under pressure after it posted earnings out of The Netherlands this morning. ASML posted flat results with a net profit of some 206 million…
Markets in Europe were sharply lower at 7.20 AM Eastern time The FTSE fell 1.6% to 5,930. BHP Billiton (BHP) was off 4.8% to 1413. Diageo was up 1.7% to 1014. The DAXX dropped…
JPMorgan Chase (NYSE: JPM) posted earnings of $3 Billion in net income with a generation of $0.86 EPS vs $0.92 estimates. Revenues were $18.275 Billion on a consolidated basis, while First Call had just…
Most of the talk about Apple’s (AAPL) new movie rental business centers around what will happen to bit players like Netflix (NFLX) and Blockbuster (BBI). While it is not clear that consumers will watch…
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years. JP Morgan (JPM) hit $53.25 and now trades at just above $39. It may be…
The wind blowing on Wall St. is perverse and racked with fear. Traders will turn vicious in the face of reasonable results. They will not even spare their own financial health. By any reasonable…
Recessions are no good, no fun, and we are for all practical purposes in one. The government numbers just aren’t yet there. But if you are a CEO that was in trouble, a recession…
Even if Google (GOOG) is winning in the search engine market, Yahoo! (YHOO) does have the most unique visitors of any web operation. That may be changing as Google gains ground overall. According to…
Accordiing to Reuters, Sony Ericsson posted strong results and said it was improving market share. Reuters writes that Intel (INTC) missed forecasts driving its shares down. Reuters reports that Boeing (BA) is about to…
Markets in Asia fell sharply. The Nikkei fell 3.4% to 13,505. NEC fell 5% to 419. The Hang Seng fell 5.4% to 24,451. China Life (LFC) fell 7.6% to 33.45. CNOOC fell 8.4% to…