Comcast Corp. (NASDAQ: CMCSA) reported fourth quarter and full-year earnings this morning that both beat analysts’ expectations. For the quarter, Comcast posted EPS of $0.36 on revenue of $9.7 billion, and for the full…
It has finally happened. Genzyme Corporation (NASDAQ: GENZ) is being acquired by Sanofi-Aventis (NYSE: SNY). The deal should trade at a premium to the $74.00 cash component due to what is called the Contingent…
Dean Foods Company (NYSE: DF) is finding that no good deed goes unpunished. The dairy seller reported that adjusted earnings were $0.15 EPS versus the Thomson Reuters target of $0.14 EPS. On a diluted…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Advanced Energy Industries, Inc. (NASDAQ: AEIS) Raised to Buy and $19 target at…
Borders Group, Inc. (NYSE: BGP) has confirmed what most thought was inevitable. It has filed for bankruptcy protection under Chapter 11. It has secured a commitment for $505 million in Debtor-in-Possession financing and will…
Family Dollar Stores, Inc. (NYSE: FDO) soared last night after announcing that it has received an unsolicited conditional buyout proposal from Nelson Peltz’ Trian Group to acquire Family Dollar in a price range of…
Ratings agencies missed the meltdown in the housing market and the rising debt tide that swept over European capitals. We wanted to see if they are awarding Triple-A ratings to countries which did not…
The Home Depot Inc. (NYSE: HD) might not be getting a pop in the stock from this, but the company plans to add some 60,000 seasonal employees for its second annual “Spring Black Friday”…
Dell Inc. (NASDAQ: DELL) had a lackluster day ahead of earnings. Now its fiscal year of 2011 has ended as the year-end is January 2011. Results for the quarter were $0.53 on adjusted EPS…
coutesy of Exxon Mobile Corp.The oil majors will be reporting reserves replacement figures for 2010 over the next few weeks as they prepare their 10-Ks for the SEC. ConocoPhillips Corp. (NYSE: COP) reported replacement…
J.P. Morgan Chase & Co. (NYSE: JPM) is holding its Investor Day presentation this morning. While everyone wants to hear about the continued wave of lower write-downs and charge-offs, the big news everyone is…
Everyone loves to see Warren Buffett’s portfolio changes, but in some cases it is more important what other gurus are doing with their assets under management. George Soros and John Paulson are two of…
Some things never change. When companies can’t get a message across, sometimes they just say the same over and over. This morning came an announcement from Coinstar Inc. (NASDAQ: CSTR) that its Redbox movie…
Jon OggBulls don’t really like it when Everyone is bullish. It all boils down to the herd mentality and looking for key contrarian indicators. If this holds true, then the bulls better be worried…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Alcatel-Lucent (NYSE: ALU) Reiterated Hold at Argus. Analog Devices Inc. (NYSE: ADI) Raised to…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) is out with the new portfolio holdings as of December 31, 2010, so these are his new 2011 investments. There were many changes in the prior groups due…
Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has shown its latest holdings as of the close on December 31, 2010 and the changes were extreme due to a unit portfolio manager change. These…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2010. That makes these his new 2011 holdings and there are more…
Intel Corporation (NASDAQ: INTC) did not exactly get a resounding endorsement today in an afternoon research call. S&P Equity Research decided it was removing its Buy rating that had been in place since March…
Green Dot Corporation (NYSE: GDOT) has been one of the better performers of the IPO Class of 2010. Its line of prepaid credit cards has grown significantly and the company had grown enough that…