Economists hoped that, even though some US consumers would have trouble making mortgage payments, there was enough income in the market to keep credit card and car payments fairly safe.It does not look like…
A funny thing happened on the way to creating a $100 billion "Super Fund" to loan money to SIVs which needed short term cash to stay in business. These SIVs own a lot of…
It grates on the management of Nokia (NOK) that they have beaten Motorola (MOT) in the global markets but the the US company still has the lead in share in it own country. By…
According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers. Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%. Reuters reports the…
Markets in Asia were higher. The Nikkei was up 1.7% to 15,874. Hitachi (HIT) was up 5.5% to 827. Honda (HMC) was up 2.4% to 3820. Yahoo Japan was down 2.5% to 53600. The…
Rambus Inc. (NASDAQ:RMBS) has announced that it received notification from the SEC stating that the informal investigation into Rambus’s past stock option practices has been terminated and that no enforcement action has been recommended…
For several years, Apple (AAPL) has said with pride that its Mac computers and OS are more secure than products from Microsoft (MSFT), especially Windows, which have been a huge target for hackers. But,…
GameStop Corp. (NYSE:GME) has been paid quite a nice complement today. It has been selected to replace Dow Jones (NYSE:DJ) in the beloved S&P 500 Index after the close on a date TBA. The…
MBIA (MBI) Downgrade by Moody’s. Falls to $25.84 from 52-week high of $76.02. Genentech (DNA) FDA rejects key drug. Drops to $65.54 from 52-week high of $89.73. AMD (AMD) More analyst concerns. Down to…
If you think the "independent ratings agencies" are your friend and are out there looking out for your best interest, you have already been told time after time that they are not. We’ve said…
Bristol-Myers (BMY) showed the world its equivalent of the old Soviet "Five Year Plan" today. All of the talk up front was about becoming "a next-generation BioPharma company that pairs the scale and resources…
Peter Orszag, Director of the Congressional Budget Office, gave a presentation today before the committee of the budget in the U.S. House of Representatives. The end result is that his presentation noted that the…
Nokia (NOK) may sell over 400 million handsets a year. It new music download and internet-to-the-phone program may make it the leader in wireless multimedia. But now it is talking about offering HDTV on…
If you have tracked Micron Technology (NYSE: MU) over the years you would likely have reached the conclusion that the largest US-based and US-fab DRAM manufacturer wasn’t even cyclical. You’d maybe even accuse it…
Wall St. is after Sirius (SIR) and XM Satellite (XMSR) again. Investors are still unsure whether the two companies will merge. Subscriber growth has slowed for each. And debt levels at the companies are…
Analyst Sanjay Shrestha of Lazard Capital Markets is sticking with his Buy ratings this morning on shares of First Solar (NASDAQ:FSLR) and Capstone Turbine (NASDAQ:CPST). On First Solar (NASDAQ:FSLR): We maintain our BUY rating…
PIMCO’s Bill Gross is still one of the top bond fund managers in the U.S., if not the world. But his tome of words that comes out each month is starting to become a…
The New York Times Company (NYSE: NYT) has provided some updated guidance for the fourth quarter of 2007 and is providing its initial outlook for 2008. Janet L. Robinson, president and CEO: “We expect…
Two pieces of information out today would indicate that the overall US economy is not being hurt by the housing and fuel cost problems. According to Bloomberg, ADP says that companies in the U.S.…
Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) has announced that dosing has commenced in its Phase IIa clinical trial with LX6171. This is an oral drug candidate that is implied for the treatment of cognitive impairment…