Jim Cramer just said noted on CNBC’s STOP TRADING segment that Baidu.com (NASDAQ:BIDU) is growing at 80% and the downgrades or cautionary comments aren’t warranted. He even went as far to say "Baidu could…
We were screening options activity today and something came up that where bets had significantly grown from our prior coverage. Earlier this year we covered some strange biotech options activity after noting a "Dendreon-esque"…
Samsung sold almost 43 million handsets in the last quarter. During the first three quarters of the year, that number was 115 million, more than the company sold for the entire 2006 calendar year.…
Citigroup (NYSE:C) is feeling the wrath of yet another SELL rating, this time the downgrade came from Deutsche Bank. Interestingly enough, the note directly challenges management saying changes are needed in the chairman position…
BankUnited Financial Corporation (NASDAQ:BKUNA) has been hitting the 52-week low club at a rate that feels almost daily. At $13.02 it is a dime under the prior 52-week low (of this week too) and…
BEA Systems Inc. (NASDAQ:BEAS) is already trading north of the $17.00 cash buyout offer from Oracle (NASDAQ:ORCL). Almost 30 million shares have already traded hands, and there is more than 30 minutes to the…
The $300 level for Baidu’s (BIDU) may not mean much. But, it is a symbol of how far the shares have come in a short time. They closed above $300 for the first time…
McDonald’s (NYSE:MCD) is on a mission. The company has just raised guidance yet again with projections of $0.83 EPS versus $0.77 estimates. This does not include gains from the sale of Boston market but…
“Qualcomm will not be able to take its royalty model further, that’s absolutely clear,” said Dresdner Bank AG analyst Per Lindberg in London, who rates the shares “sell” and expects them to fall as…
ANR cut to Mkt Perform at FBR.BWA cut to Underperform at RWBaird.C cut to Sell at Deutsche Bank.CHS cut to Underweight at Thomas Weisel.CNC raised to Overweight at Lehman.COST cut to Neutral at UBS.CSCO…
Dendreon Corporation (NASDAQ:DNDN) has secured a committed equity financing facility under which it may sell up to $130 million of its registered common stock to Azimuth Opportunity, Ltd. over an 18-month period. Dendreon is…
General Electric (NYSE:GE) reported earnings and guidance, all of which looked in-line with expectations. The conglomerate posted $0.50 EPS & $42.5 Billion in revenues, versus $0.50 & $42.42 Billion estimates. It also sees an…
Oracle Corporation (NASDAQ:ORCL) has delivered a letter to the Board of Directors of BEA Systems, Inc. (NASDAQ:BEAS) on October 9 whereby Oracle proposed to acquire BEA for $17.00 per share in cash. Oracle is…
GE (GE) announced modest revenue growth, but its operating income lagged significantly GE announced Q3.revenues from continuing operations were $42.5 billion, up 12%, increasing 8% organically. Earnings from continuing operations were up 7% to…
The markets in China have gotten so out of hand that companies doing IPOs are upset it they do not get a 100% return on the first day out. The Shanghai Composite is up…
Citigroup CEO-for-life Chuck Prince engineered another major reorganization of his senior management group. This time the reason was all of the mortgage and fixed income losses the bank had. The ones that hurt Q3…
Wal-Mart (WMT) CEO Lee Scott had a special message for his investors and customers. Chinese stuff may break or be dangerous. But, it is cheap. "Right now, the way it works, our model is…
It seems that the thoughts of 24/7 Wall St. aren’t alone in the opinion of Amgen’s (NASDAQ:AMGN) future. In this morning’s issue of Business Week’s "Inside Wall Street" segment, George Putnam of "The Turnaround…
According to Reuters, a sharp fall in shares of China internet company Baidu (BIDU) raised fear that the tech market has topped. Reuters (RTRSY) reports the Citigroup (C) has gone through another management shake-up.…
Markets in Asia were down. The Nikkei fell .8% to 17,331, Sony (SNE) was off 4.3% to 5530. Toyota (TM) fell 1.9% to 6560. The Hang Seng fell .8% to 28,893. China Unicom (CHU)…