After looking at downgrades this morning and then after the stocks that hit 52-week lows, Sealy Corp. (NYSE:ZZ) showed up on the list. Sealy saw its stock become broken last week after its $0.22…
Morningstar has hit the market with "The Market’s Most Overvalued Stocks". They cover a wide range of industries, and some of them, like Schlumberger (SLB), would appear to be "buys" right now. In addition…
In a sign that the market, and especially tech stocks, are moving up at a burning pace, several major companies have hit 52-week highs today. Hewlett-Packard (HPQ) at $51.05. Broadcom (BRCM) at $38.79. Google…
The market in Shanghai closed up 2.5% last night and hit an all-time high. But, that is hardly an excuse for the shares of Chinese companies trading on US exchanges to be up double-digits…
Shares in VoIP pioneer Vonage (VG) are almost 50% higher at $1.72. The company settled it patent dispute with Sprint (S) Vonage announced that it has settled its pending patent dispute with Sprint and…
This weekend there was a positive report out of Barron’s on Paychex Inc. (NASDAQ:PAYX) that has shares up almost 2% pre-market, although the timing of this is odd considering the part of the economic…
It has not come to the US. But, bet your bottom dollar, it will. McDonald’s (MCD) is offering free WiFi in its 1,200 stores in the UK. Starbucks (SBUX) offers T-Mobile WiFi in its…
Invitrogen Corp. (NASDAQ:IVGN) has announced the launch of a new kit that allows researchers to quickly and reliably monitor the state of human embryonic stem cells. The STEMPRO® EZChek™ Multiplex PCR Kit allows scientists…
Noven Pharmaceuticals, Inc. (NASDAQ:NOVN) today announced that a Phase 3 clinical study of its developmental once-daily lithium carbonate product did not meet its primary endpoint with statistical significance (p-value ≤ 0.15) in the treatment…
(AGN) Allergan noted positively by Cramer on MAD MONEY.(ALNY) Alnylam Pharma presented non-human primate data with an RNAi therapeutic targeting PCSK9 showing significant and durable reductions in cholesterol levels.(BNI) Burlington Northern had more shares…
ALL cut to Mkt Perform at Wachovia.ASML cut to Mkt Perform at FBR.BEAS Cut to Neutral at UBS.BECN cut to Mkt Perform at Piper Jaffray.BOBJ cut to Neutral at RWBaird.CHIC cut to Mkt Perform…
Not wanting to be bested in features by Apple’s (AAPL) iPod, although it may always be bested in sales, Microsoft’s (MSFT) Zune has introduced a social network feature to the multimedia player. According to…
Markets in Europe were off slightly at 6.45 AM New York time. The FTSE fell .1% to 6,587. HSBC (HBC) was down 1.6% to 946. Northern Rock was up 9.8% to 174.1. The DAXX…
Nintendo says that it will not have enough Wii’s to go around for the holidays. The game console has been beating the Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3 to death in sales…
The FT ran a piece in which research firm Sanford Bernstein is quoted as saying that loses at Bank of American (BAC) and JP Morgan (JPM) will be just as bad, if not worse,…
Toyota (TM) has launched its own video game. It can be downloaded through the internet connection on Xbox Live. The game in which "the new Toyota Yaris has a giant tentacle that reaches out…
According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP (SAP) is buying…
Markets in Asia were mostly higher. Japan was closed for a holiday. The Hang Seng rose .4% to 27,942. China Netcom (CN) rose 2.9% to 23.45. China Petroleum (SNP) fell 1.4% to 9.83. China…
The housing situation in the US may be getting bad enough so that one or more of the major home builders could face Chapter 11, especially if the downturn goes deep into 2008. Bloomberg…
Enterprise software giant SAP (SAP) has agreed to buy Business Objects (BOBJ), a pioneer in business intelligence, for $6.8 billion or $59.35 a share. BOBJ closed at $50.27 on Friday. Douglas A. McIntyre