Multiple reports are out that Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) has been sued by a shareholder who is seeking disgorgement of David Sokol’s profits from Lubrizol Corporation (NYSE: LZ) and for the company to…
Yahoo! Inc. (NASDAQ: YHOO) is due with earnings after the close. For starters, remember that Yahoo! and Google both have to be counted as ex-TAC revenues that backs out the traffic acquisition costs from…
Today’s wrap-up of alt energy news includes a look at the latest investment by Google Inc. (NASDAQ: GOOG) in wind energy, another federal loan guarantee for a solar farm, and two acquisitions in alternative…
Intel Corporation (NASDAQ: INTC) is due to report earnings after the close of trading Tuesday and shares are currently up in anticipation. Thomson Reuters has estimates at $0.46 EPS and $11.6 billion in revenue. …
The long-expected turnaround from YRC Worldwide Inc. (NASDAQ: YRCW) remains elusive despite the gains we are seeing in the stock so far today. Even after a reverse stock split, YRC Worldwide has seen its shares slide…
Iron Mountain Incorporated (NYSE: IRM) is further capitulating to Elliott Management in an activist move. Its CEO left under pressure last week and the restructuring addresses what Elliott had previously proposed in a move to…
GS.COMGoldman Sachs Group Inc. (NYSE: GS) managed to beat earnings expectations this Tuesday. The bank holding company without a bank reported earnings of $ 1.56 EPS and revenues fell 6.9% to $11.89 billion. Thomson…
We are seeing several key bank earnings now that our two DJIA component-banks have already reported earnings. We have briefly given note of the earnings report on each bank this morning, but our focus right…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abbott Laboratories (NYSE: ABT) Maintained Hold but cut estimates at Argus. Advanced Battery…
The good news for the IPO market in 2011 is that investors are willing to pay for IPOs. They are even willing to overpay for quality IPOs. The problem is when these get fully…
Maybe housing is not as dead as the reports indicate, or maybe a popular brand just can’t wait any longer to come public. Zillow, Inc. has filed for its Initial Public Offering. This is…
GS.COMGoldman Sachs Group Inc. (NYSE: GS) is due to report its first quarter earnings Tuesday morning. Thomson Reuters has estimates for “The Bank Holding Company” that has no bank at $0.82 EPS and $10.18…
Wal-Mart Stores, Inc. (NYSE: WMT) is not exactly the first spot I think of when it comes to social networking. This is one of those deals which you might even consider a “Who would…
Commodities news today features another processing plant acquisition, the latest projections on demand for steel, and more increases in the price of wheat. Gold and silver continue to make new highs today, as crude…
Tesoro Corporation (NYSE: TSO) is set to have its Initial Public Offering this week for its Tesoro Logistics LP (NYSE: TLLP). Tesoro is looking to move to a more of a pure-play and moving…
Today’s alternative energy news focuses on new competition in the solar equipment manufacturing sector, an upgrade to a battery maker’s stock, and a hint that rare earth element production is off the mark in…
Community Health Systems, Inc. (NYSE: CYH) was one we flagged over the weekend for “the biggest analyst calls of the week” due to its move early last week and then again in the after-hours…
The drug sector has become rather boring and investors already know all about the ongoing patent expiration threats that loom in the industry. The good news is that the drug sector does still offer…
Oil field services firm Halliburton Co. (NYSE: HAL) reported EPS of $0.61 for its first quarter, more than double its profit in the same period a year ago. Revenue reached $5.3 billion, compared with…
If you saw that the equity markets were lower after news out of China this morning, the inevitable credit ratings agency news about the U.S. sovereign debt is adding more fuel to the fire…