Business

Another Big Blow To Cable Companies

Most cable company stocks are already trading at 52-week lows. Last week, Comcast (CMCSA) reported earnings and subscriber growth that were below Wall St. expectations. And AT&T (T) came out ...
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Media Digest 10/29/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Oracle (ORCL) has withdrawn its bid for BEA Systems (BEAS).Reuters writes that profits at Toahiba rose 38%. Reuters reports that Chrysler workers have approved the UAW contract ...
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Parsons Leaving Time Warner (TWX)

Richard Parsons is due to step down as CEO at Time Warner (TWX) very soon. 24/7 Wall St editor Jon Ogg gives this account at BloggingStocks. ...
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Somebody Made Money On Sirius (SIRI)

Sirius (SIR) has gone from being a market darling to one of the most maligned companies among those that the press follows with any regularity.The conventional wisdom is that the ...
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MEMC Electonic Materials Defies Business Week Implications (WFR)

MEMC Electronic Materials (NYSE:WFR) is trading up sharply on earnings and guidance slightly above most estimates despite seeing shares hit by a Business Week article from the "Inside Wall Street" ...
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Ford (F) Runs Out Of Time

It is Ford's (F) turn to talk with the UAW. Negotiations with the other two US car companies are over. But, Ford in negotiating from a position of hunger. Its ...
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Charter Communications (CHTR) Moves Toward Chapter 11

Comcast (CMCSA) gave bad news yesterday. It earnings were poor and the growth of its digital cable and VoIP customers were more modest than expected. Comcast is the largest cable ...
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Media Digest 10/26/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Microsoft's (MSFT) strong quarter and forecast sent shares up over 10%.Reuters writes that Oracle (ORCL) has turned down BEA Systems' (BEAS) proposal that the company be sold ...
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Xom_2_year

Will ExxonMobil Miss Estimates? (XOM, VLO, SLB, TSO)

ExxonMobil (NYSE:XOM) is set to report its third quarter earnings next week pre-market on November 1, 2007.  What is curious to 24/7 Wall St. is whether or not the biggest ...
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Cramer’s Crazy People Stock For A Crazy Market (PSYS)

On tonight's MAD MONEY on CNBC, Jim Cramer said that his crazy people stock for a crazy market is Psychiatric Solutions, Inc. (NASDAQ:PSYS).  He doesn't like that Medicare and Medicaid ...
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Oil Moves Above $90 On The Way To $100 A Barrel

The price of oil hit $90.50 today and this does not appear to be the end of its move up. OPEC now makes a habit of blaming crude prices on ...
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The Top Ten Professional Business And Financial Bloggers

24/7 Wall St. has done a ranking of the Top 25 Financial Blogs for two years in a row. But, this list excluded bloggers who were full-time paid employees of ...
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Merrill’s (MER) Write-Downs Could Get Bigger

Could Merrill Lynch (MER) post worse numbers in the fourth quarter than it had in the third?Goldman Sachs thinks so. The investment bank says MER could have to write down ...
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FT.com To Build Blog Empire

Following The New York Times and Wall Street Journal into the world of financial blogging, FT.com has fielded a team of big-time writers who will blog for the newspaper's online ...
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Media Digest 10/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, profits rose at Sony (SNE) driven by camera sales.Reuters writes that Google (GOOG) held a day with analysts and the press to show off its new technology ...
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