Video game retailer GameStop Corp. (NYSE:GME) today authorized a boost of $500 million in its share buyback program, replacing a $300 million authorization made in September 2010, and about half of which remains. The…
Not only does The Boeing Co. (NYSE: BA) have problems delivering its new 787 Dreamliner and 747-8 passenger planes, now the company is getting cancellations on orders for its sturdy 737. Bloomberg is reporting…
The Labor Department is out with its unemployment rate and the change in non-farm payrolls. If you like to challenge the government’s math or accuse the government of fudging numbers, today’s data will add…
These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. AMR Corp. (NYSE: AMR) Cut to Hold at Argus. CVS Caremark Corporation (NYSE: CVS)…
Today’s action is showing a very favorable move to Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) after news that Newmont Mining Corporation (NYSE: NEM) is acquiring Fronteer Gold Inc. (AMEX: FRG). The $2.3…
Facebook is now worth $50 billion and has become the hottest property on the Internet. The problem is that the site may find it more difficult to generate revenue than many imagine. Despite the…
All that snow in January didn’t keep shoppers at home, apparently, as retailers posted a 4.2% increase in same-store sales for the month. That topped estimates that had started at 3.1% growth before falling…
Kinder Morgan, Inc. (NYSE: KMI) is soon to be public again. We have covered this on multiple occasions and listed it as one of our Top 17 IPOs to Watch in 2011. Unless things…
Rising commodity prices didn’t hurt fourth quarter earnings or revenues at Dow Chemical Co. (NYSE: DOW). The company posted EPS of $0.37 from profits of $511 million on revenue of $13.77 billion. Excluding items…
Another small internet search assistance company is being acquired. Answers.com, (NASDAQ: ANSW) is being taken private by AFCV Holdings, LLC, a portfolio company of growth equity investor Summit Partners. The total cash consideration is…
Newmont Mining Corporation (NYSE: NEM) is doing what we would have expected to see more of in late 2009 and into 2010. It is making an acquisition. The company is buying a Canadian company…
The U.S. Labor Department just released the weekly jobless claims and the reading fell by 42,000 down to 415,000. The week’s reading from a week ago was revised to 457,000 from 454,000. Dow Jones…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Anadarko Petroleum Corporation (NYSE: APC) Cut to Equal-Weight at Barclays. Arch Coal Inc. (NYSE:…
The extremely cold and snowy winter of 2010-2011 may be challenging the core case of global warming. The earth is warming, the greenhouse gases are rising, and the oceans are rising… Right? This is…
MEMC Electronic Materials Inc. (NYSE: WFR) is leading solar related shares higher after its earnings. The irony is that MEMC is perhaps one of the larger disappointments in the world of solar investing for…
Epocrates, Inc. (NASDAQ: EPOC) saw a strong debut so far on Wednesday after its IPO was given a premium price above the range. Yesterday’s range was put at $13 to $16 per share, but…
Standard & Poor’s is at it again, with late debt rating cuts. This is actually in the Irish banking sector rather than in the sovereign ratings. As this is too little too late, we…
Level 3 Communications, Inc. (NASDAQ: LVLT) is not out of the woods when it comes to its earnings. The wholesale data packet carrier to large internet and telecom outfits tried to highlight the growth…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Activision Blizzard, Inc. (NASDAQ: ATVI) Cut to Neutral at BofA/ML. Anadarko Petroleum Corp. (NYSE:…
America’s core infrastructure is falling apart. Roads are sinking, bridges have collapsed, dams are old, power plants and the power grid are substandard, rail systems are ancient, the levees are ancient as are sewerage…