When Novell, Inc. (NASDAQ: NOVL) agreed to be acquired by privately held Attachmate Corp. in late November, part of the deal included the concurrent sale of some of Novell’s intellectual property to CPTN Holdings…
This morning’s report from the Conference Board showed that the index of leading economic indicators in the United States rose in November by what appears to be the most in eight months and marks…
A process begun in 2000 might be coming to a close. European aircraft maker EADS (OTC: EADSY), builders of the Airbus planes, is readying its final bid to build a new tanker for the…
French oil major Total SA (NYSE: TOT) and Canada’s Suncor Energy Inc. (NYSE: SU) have agreed to form an alliance that combines the two companies’ interests in a number of projects in the oil…
Bank of Montreal (NYSE: BMO) is expanding in the U.S. The fourth largest bank in Canada is acquiring Marshall & Ilsley Corp. (NYSE: MI) for $4.1 billion in stock. The terms call for a…
Moody’s has been on a warpath this week downgrading the PIIGS. The calls are late. Very late. These should have been about as telegraphed as a replay of a World War II outcome. Moody’s…
These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Raised to Outperform at Leerink Swann. AON Corporation (NYSE: AON) Raised to…
You most likely saw the carnage that came to MasterCard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) today. The markets were braced for more changes coming to the interchange fees, also called swipe…
Research In Motion Limited (NASDAQ: RIMM) has just reported earnings. The Blackberry maker reported $1.74 EPS on revenues of $5.49 billion. Thomson Reuters has consensus estimates for earnings of $1.64 EPS and $5.40 billion…
Oracle Corporation (NASDAQ: ORCL) has just reported earnings ahead of estimates at $0.51 adjusted EPS and $8.58 billion in revenues. Thomson Reuters had estimates for earnings of $0.46 EPS and $8.34 billion in revenue.…
Credit card clearing and processing giants Mastercard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) are getting hammered on strong volume today. The culprit is probably easy to guess… interchange fees. Today’s opinion from…
DIRECTV Latin America, a subsidiary of DIRECTV (NYSE: DTV) is further expanding into Latin America, underscoring its ambition in such a high growth market. The company announced that it has completed its $604.8 million…
Another day, another late-late sovereign debt rating downgrade warning. Moody’s has just placed the “Ba1” rating of Greece on review for a possible downgrade. This is on the heels of a similar warning to…
Research In Motion Limited (NASDAQ: RIMM) is set to release earnings today after the closing bell. Thomson Reuters has consensus estimates for earnings of $1.64 EPS and $5.40 billion in revenue. For the quarter…
Oracle Corporation (NASDAQ: ORCL) is set to report earnings after the close of trading today. Thomson Reuters has estimates for earnings of $0.46 EPS and $8.34 billion in revenue. For the quarter ahead, those…
ThinkstockCoffee prices have been rising, primarily as a result of a projected failure in the Colombian crop due to heavy rains. Colombia usually produces about 12 million bags of coffee annually. Weak crops in…
The longer-end of the curve is is still rising. Earlier we had seen the highest yields since June, and now we are seeing the highest yields since May. The 10-Year Treasury yield has broken…
The global supply of rare earth elements faces a supply shortage because there is but a single source of approximately 97% of the minerals. That source is China, which has been fiddling with export…
Caterpillar Inc. (NYSE: CAT) is out with its monthly sales figures for November. The gains are very high on the surface. Asia/Pacific and the EMEA (Euro, Africa, Miidle-East) saw an acceleration in its retail…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. This morning we have two key updates from late yesterday afternoon, followed by our normal morning…