It might not be fair to only break out 10 analyst calls from the myriad of calls out there, because there are dozens to hundreds of changes daily. Here are the key calls that…
Wal-Mart Stores, Inc. (NYSE:WMT) just posted same-store-sales figures for October. On an ex-fuel basis the total sales came in +0.4%, which is broken down as 0.0% at Wal-Mart Stores and +2.7% at Sam’s Club. …
Endeavor Acquisition Corp. (Amex: EDA) has announced an amended and restated merger agreement with American Apparel, the blank check company’s acquisition target. American Apparel shareholder Dov Charney will now receive a total of 37,258,065…
Ford (F) is supposed to be the weak sister of the Big Three. It does not have the financial backing of a hedge fund and friends the way that Chyrsler does with Cerberus. It…
BHP Billiton (BHP) has offered to buy rival Rio Tinto (RTP). BHP has a market cap of $230 billion. And Rio’s is $115 billion. Both stocks are moving up on the news. A combined…
It is always interesting when you see a pure-play monopoly, and out of video game stores it is arguable that GameStop (NYSE:GME) is a pure-play monopoly on a video game focused business strategy. 24/7…
"We have been searching for independent directors since we became a fully public company," asid Nancy Daigler, a spokesperson for Kraft (KFT). Well, of course you have been. But, Nelso Peltz has held a…
Hansen Natural Corporation (NASDAQ:HANS) has posted an increase of 35.8% in gross sales to $277.8 million, while net sales for the quarter increased 38.4% to $247.2 million. Operating income was $73.4 million and net…
BHP Billiton (BHP), the world’s largest miner, offered to buy metals company Rio Tinto (RTP) Quoted at MarketWatch BHP said: "BHP Billiton now confirms that it recently wrote to the board of Rio Tinto…
Markets in Europe were off an average of about 1% at 6 AM New York time. The FTSE fell .8% to 6,333. Barclays (BCS) was down 4.7% to 489.25. BT (BT) was down 3.3%…
In the past month, fourth-quarter earnings expectations for companies in the S&P 500 have fallen by nearly half, according to Thomson Financial. So says the FT. The problem has several sources and none of…
Moody’s has begun to downgrade the debt in a number of the structured investment vehicles that own huge pools of mortgage-related securities. According to The Wall Street Journal "in its report, Moody’s said it…
Toll Brothers (TOL) said for the fourth quarter, home building revenues of approximately $1.17 billion declined 36% compared to FY 2006’s fourth quarter results. Backlog of approximately $2.85 billion declined 36% compared to FY…
CostCo (COST) reported net sales of $5.21 billion for the month of October, the four weeks ended November 4, 2007, an increase of 13 percent from $4.63 billion in the same four-week period last…
According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares in Cisco (CSCO) were driven down on concerns that orders from the financial sector…
Markets in Asia were off sharply.’ The Nikkei was down 2% to 15,772. NTT (NTT) was down 3.7% to 509000. Sony (SNE) was down 2.4% to 5390. Toyota (TM) was down 4.2% to 6170.…
"More than four million Chinese-made toys sold in the U.S. as Aqua Dots are being recalled after reports that children became seriously ill after swallowing beads containing a chemical that causes a reaction in…
Just when you think that all Chinese Internet and communications stocks only go up, you get to see Netease.com, Inc. (NASDAQ:NTES) fall by more than 10% after an earnings report. Third quarter profits fell…
Q&A SESSION for Cisco Systems (NASDAQ:CSCO) (once again contextual rather than verbatim): Our earnings summary is here. If you want Chambers conference call notes before Q&A they are here. GOLDMAN SACHS (Brant Thompson?)… Expand…
Morgan Stanley sees $6 billion in potential losses from subprime. The company said it held $12.3 billion in Q3 U.S. subprime exposure, according to MarketWatch. Douglas A. McIntyre