There are many companies that have been troubled and involved in turnarounds for quite some time that just never quite seem to get turned around. Enter JDS Uniphase (NASDAQ: JDSU). JDS Uniphase is in…
Research In Motion Ltd. (NASDAQ:RIMM) is set to report earnings after today’s close in what is going to be one of the last big tech reports of 2007. For its November-end Q3, First Call…
Citigroup (C) is back to it new lows, trading down to $29.52. Citi could have been driven down by the losses at Bear Stearns (BSC). It could be that Fitch cut its outlook on…
NetSuite (NYSE: N) is one we covered with a strengthening bid ahead of its IPO, but it priced at $26.00. That is twice the initial price forecast. Shares traded slightly lower at the open…
It’s a big day for big caps to get eviscerated. Rite Aid (RAD) is off 20% after reporting a bad quarter/ MBIA (MBI) is down 18% on a negative outlook from S&P. LDK Solar…
Whether or not the markets comply going into year-end is a completely different issue. But these brokerage stocks look like they are trying to find a bottom as they throw out all that they…
November was another horrible month for newspaper chain McClatchy (MNI). The company said that both consolidated advertising and total revenues in November 2007 decreased 9.2%. Real estate classified revenue was down 31% for the…
No matter how big its legal problems are with Nokia (NOK) or Broadcom (BRCM), Qualcomm (QCOM) keeps chugging along. Qualcomm said that based on the current business outlook, it now anticipates first fiscal quarter…
Local.com (NASDAQ:LOCM) is seeing its shares surge some 15% pre-market after it signed a new pact today. It has entered a strategic partnership with Barry Diller’s IAC/Interactive (NASDAQ:IACI). Local.com says it will benefit from…
Rite Aid Corp. (NYSE: RAD) is indicated to open lower after the company posted another net loss for the quarter. It also lowered guidance for a second time. We just noted this one as…
This is not every bit of news on individual stocks but this is the major news affecting many shares in pre-market activity this Thursday morning: Accenture (ACN) stock up 4% after posting $0.60 EPS…
These are not the only impact analyst calls, but these are the top research calls that 247WallSt.com is focusing on pre-market this Thursday: Buffalo Wild Wings (BWLD) started as Underweight at J.P.Morgan. Cummins (CMI)…
Goldman Sachs lowered its estimates in the ethanol alternative energy patch this morning. This estimate cut is after the Energy Bill has higher CAFE standards that actually makes no change to its bullish call…
Markets in Europe were up modestly at 7.10 AM The FTSE rose .6% to 6,322. GlaxoSmithKline (GSK) was up 1% to 1288. Northern Rock was down 2.2% to 88.7. Vodafone (VOD) was up 1.5%…
Perhaps GE (GE) unit CNBC should let Fox Business succeed or fail on its own merits. Threatening guests who appear on Fox with banning them from CNBC seems a bit thuggish. In a note…
The press has focused on mortgage-based CDOs and the huge write-offs that investment banks and commercial lending companies have had to take because of the subprime market falling apart. Morgan Stanley (MS) said, when…
Texas Instruments (TXN) believe that sales of handsets and digital TV will drive its profits over the next decade. Because of sales of these products, the demand for analog chips could skyrocket. Speaking about…
Like so many other US companies, Burger King (BKC) is looking to China for big growth. The US hamburger chain has about a third of its sales outside the US. It thinks it can…
Barclays (BCS) has sued Bear Stearns (BSC) over the failure of two of the US companies hedge funds. In particular, the bank says that BSC dumped $500 million of risky investments into one of…
According to TechCrunch and Bloomberg, Google (GOOG) will get approval for its Doubleclick acquisition before Christmas. The deal has been held up over antitrust concerns. It will make the holiday unpleasant for the advertising…