(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers Fridaydown to about 750…
Big Band Networks (BBND) had a bad quarter. The provider of infrastructure for moving video around the internet lost 20% of its value after hours down to $11. It announced a modest $54.5 million…
APD started as Outperform at CIBC.CAB raised to Outperform at Wachovia.CKFR cut to Neutral at Baird.CDL raised to Neutral at B of A.CLX cut to Equal Weight at Lehman.CXR raised to Neutral at B…
Boston Scientific (BSX) had planned to take its fast-growing endosurgery group public to raise as much as $1 billion. According to The Associated Press: "The endosurgery unit has recently enjoyed strong growth, and is…
The big city-wide WiFi deployment that was going to make broadband access to the masses a reality was to start in San Francisco. After all, it is the large city at the region that…
As the data from Hitwise shows, traffic to the NYTimes.com website has dropped 15% over the last year. In a note from teh audience measurement company: According to Hitwise, the US market share of…
American Home Lending (AHM) said it would lay-off most of its staff, about 7,000 people. The home lender will also probably seek bankruptcy protection. According to MarketWatch: "American Home Mortgage said early this week…
According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales. Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its employees. The Wall…
Markets in Asia were mixed The Nkkei was flat at 16,980. Toyota (TM) announced earnings. It was up .1% to 7080. The Hange Seng rose .6% to 22,572. China Mobile (CHL) was up 1.7%…
Weyerhaeuser Co. (NYSE:WY) has been hit exceptionally hard in this last market slide. The paper conglomerate reports earnings Friday, and First Call estimates are looking for $0.39 EPS and $4.24 Billion in revenues. If…
On tonight’s Mad Money on CNBC, Jim Cramer talked up his DJIA target and DJIA components (there is another batch here as well) but he also said he’s backing the Chicago Mercantile Exchange (NYSE:CME). …
Friday morning will be the earnings report for Brookfield Asset Management (NYSE:BAM) (and TSX:BAM). The problem with this ‘earnings’ for U.S. investors is that the company is based in Canada and First Call only…
Take-Two Interactive (NASDAQ:TWO) is showing how its woes are far from over. The company is lowering guidance because it delayed the launch date for its upcoming blockbuster game Grand Theft Auto 4. The company…
There is one thing companies coming public hate to see, and that is a discounted pricing to their indicated trading range from the original prospectus terms. Genpact Ltd. (NYSE:G) did just that. If you…
Openwave Systems Inc. (NASDAQ:OPWV) has posted its quarterly earnings. On a non-GAAP basis the company posted -$0.13 EPS and GAAP EPS was listed as -$1.11. Revenues are listed as $68.1 million, but the revenue…
Openwave Systems Inc. (NASDAQ:OPQV) is one of the companies reporting earnings after the close today, and this will be the year-end for 2007 as well. Unfortunately the company has buried many shareholders more than…
Big hedge-fund Citadel says it upped its stake in home-builder Beazer (BZH) to 5.7%. Just in time. Investors who go a piece of Beazer after it was pulverized on bankruptcy rumors could have picked…
Charter (CHTR) just kept going up and up. At one point in July it was up over 275% from where it had traded a year earlier. The premise was simple. The company’s $19 billion…
Pozen (POZN) got the bad news that the FDA has "delayed approval of an experimental two-in-one migraine drug from GlaxoSmithKline (GSK)", according to Reuters. The drug, Trexima combines Glaxo’s popular migraine drug Imitrex with…
Accredited Home Lenders Holding Co. (NASDAQ:LEND) is in trouble this morning. Shares were down 30% in pre-market activity after an SEC Filing from the company warned of solvency issues, although the trading has improved…