McDermott (NYSE:MDR) realigned its its B&W into 4 units, mostly aspects of nuclear but it also is focusing on cleaner coal and carbon capture. Google (NASDAQ:GOOG) is going greener than green with a new…
American Technology Research analyst Doug Freedman downgraded AMD (AMD) to “neutral” from “buy” and lowered his price target to $11.00 from $17.00 according to Forbes. But, a number of other analysts are oddly bullish…
Marvell Technology Group Ltd. (NASDAQ:MRVL) has posted earnings with non-GAAP EPS at $0.14 on $758.2 million in revenues; First Call had estimates at $0.08 EPS on $710.1 Million in Revenues. Its non-GAAP margins were…
AMD (AMD) Downgrade. Prospects seen as dim for next few months. Drops to $9.80 from 52-week high of $23. Motorola (MOT) Verizon Wireless opening its system? No other news. Falls to $14.87 fro 52-week…
Everyone keeps predicting one or more of the large US Homebuilders is going to implode because of their overbuilding and inability to sell new units at their old highly profitable margins. Most of these…
United Online (NASDAQ:UNTD) has definitely enjoyed a nice run into the upcoming partial spin-off and IPO of its Classmates.com unit. This spin-off is what has contributed to huge gains in the stock under the…
Mr. Schultz: 24/7 Wall St. has been going to Starbucks (SBUX) stores and doing evaluations for some time. Obviously, the current model at US stores is not working very well. The stock was over…
Dow Jones & Co. (NYSE:DJ) has announced it is exploring strategic alternatives for its Ottoway group of community newspapers and media franchises. The options under consideration include a possible sale of some or all…
Maybe the ratings agencies are finally doing their job by monitoring leverage, and maybe the ratings companies are overly alert since they fell asleep at the wheel during the entire CDO meltdown on Wall…
Google has just issued a press release and announced a new strategic initiative to develop electricity from renewable energy sources that will be cheaper than electricity produced from coal. The newly created initiative, known…
From Silicon Alley Insider Verizon Wireless, the No. 2. U.S. wireless carrier, says it would open its airwaves next year to any phone capable of running on its network — not just the phones…
U.S. consumer confidence sank in November on growing concerns about the future, the Conference Board reported Tuesday. The consumer confidence index fell to 87.3 from 95.2, well below the 90.2 expected by economists surveyed…
Bidz.com (NASDAQ:BIDZ) is seeing shares battered and tattered in early trading. At one point shares were down over 20%. The online jewelry auctioneer said that sales during the Thanksgiving weekend rose a whopping 78%…
In a move that is certain to rock the cell carrier industry, Verizon Wireless, a JV between Verizon (VZ) and Vodafone (VOD) will open its network to phone and software not purchased as part…
McDermott International Inc. (NYSE:MDR) is undergoing a bit of an interesting restructuring in its Babcock & Wilcox Company subsidiary. It is reorganizing into four groups including the newly formed nuclear power group and launch…
The good news is that Goldman Sachs (GS) believes that the "U.S. Federal Open Market Committee to cut interest rates to 3% by mid-2008, down from its earlier forecast of 4%," according to MarketWatch.…
Barron’s recently ran an article describing potential weaknesses in the VMWare (VMW) business model. The analysis quotes a Cowen researcher as saying "that VMware is increasingly selling software under enterprise license agreements, which results…
Citgroup (C) may have gotten a $7.5 billion investment from a fund controlled by the Abu Dhabi government, but its shares are down .4% in the pre-market. It may that Wall St. thinks that…
Below is a snapshot of much of the pre-market news moving individual stocks this morning: Activision (ATVI) raised guidance on Guitar Hero III sales; stock up 8% pre-market. Barrier Therapeutics (BTRX) announced positive results…
These are not the only impact analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on: Akamai Tech (AKAM) started as Sector Perform at CIBC. AXA (AXA) raised…