Based on Ford’s (F) recently posted third quarter earnings, the company is getting better at running its core car business. But apparently not good enough to think it can turn around its flagging Jaguar…
Despite reports that Wendy’s International Inc. (NYSE:WEN) would-be acquisition process is being hampered by liquidity concerns in the credit markets, its stock is actually up about 2% today. Bids are due today and the…
This morning’s post-earnings downgrade of EchoStar Communications Corp. (NASDAQ:DISH) from a "Buy" to a "Hold" at Citigroup, is having a much broader impact than it originally seemed. Shares were not indicated this much lower…
Och-Ziff is one step closer to coming public, and this is set to trade under the ticker "OZM" on the New York Stock Exchange. The hedge fund family is indicated to sell 36 million…
E*Trade (ETFC) is off as much as 50% in early trading and has dropped below $4. The stock has a 52-week high of over $26. According to The Associated Press "Citi Investment Research analyst…
Microsoft (MFST) today announced it has entered into an exclusivity agreement around its intention to acquire Musiwave SA, an Openwave (OPWV) company and a leading provider of mobile music entertainment services to operators and…
The NASDAQ Stock Market (NASDAQ:NDAQ) has secured a deal which will expand "The PORTAL" to include a trading standardization for trading private placements under rule 144a. The founding members of The PORTAL Alliance are…
Sun Microsystems (NASDAQ:JAVA) (NASDAQ:JAVAD) traders may have a bit of identity crisis for the next month as the stock will begin trading ex-split to reflect its previously approved 1 for 4 reverse stock split. …
These are not the only impacting analyst calls in the land of upgrades & downgrades, but these are the top ten analyst calls 24/7 Wall St. is looking at today: Baker Hughes (BHI) &…
IBM (IBM) said today that it was buying business intelligence company Cognos (COGN) for about $5 billion. The move takes IBM deeper into the software business and moves it away from its traditional hardware…
The board at Citigroup (C) is telling CEO candidates that they want with the bank, short of burining it to the ground. A new chief can sell off units, almost at will, or break…
The CEO of Virtual Iron, Ed Walsh, spoke exclusively to 24/7 Wall St. partners in two separate interviews. Virtual Iron is the virtualization company owned in part and backed by Goldman Sachs (NYSE:GS), Intel…
Several studies which showed that stents could cause blood clotting in the heart have done significant damage to the revenue for those products at Boston Scientific (BSX) and Johnson & Johnson (JNJ). BSX trades…
Countrywide (CFC) has filed with the SEC that if its credit ratings are cut any further, its ability to raise money could be damaged. With the possibility of more write-downs of mortgage-based securities, it…
The trust that controls ownership of Hershey (HSY) forced six directors on the public company’s board to leave. Another two independent directors decided to go with them. In matter of a day, they were…
OPEC wants the big oil consuming countries to promise not to spend too much money on alternative fuel development and nuclear energy. The oil producers are afraid that this would take away demand for…
Barron’s mentions a rumor from tech industry journal TMCNet. Google (GOOG) will buy Sprint (S). Sprint has a market cap of $46 billion, so it is possible. It would get Google the Sprint national…
According to Reuters, BHP Billiton (BHP) will not sell its petroleum division, as had been rumored, to finance a bid for Rio Tinto (RTP). Reuters writes that most of the Hershey (HSY) was pushed…
Markets in Asia fell sharply The Nikkei fell 2.5% to 15,197. Honda (HMC) fell 3.7% to 3760. NTT (NTT) rose 1.2% to 500000. The Hang Seng fell 3.9% to 27,666. China Life (LFC) fell…
The largest cable company in the US, Comcast (CMCSA), hit $30.18 last January. Mark that down. The shares may well never get that high again. Time Warner Cable (TWC) hit $44 in January. It…