CafePress Inc. (NASDAQ: PRSS) has not been public anywhere long enough to have the post-earnings reaction that we are seeing today. The company gave a really poor guidance based in part on…
Jon C. Ogg Best Buy Co. Inc. (NYSE: BBY) is back in play. We reported this as one of the companies that could be taken over as soon as this summer, and we now have…
OK, so if you are trying to use traditional valuation analysis on Amazon.com, Inc. (NASDAQ: AMZN) you are probably pulling your hair out. After all, isn’t 189-times this year’s expected earnings a…
Jon C. Ogg Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The…
Amazon (NASDAQ: AMZN) shares dropped over 7% after the world’s largest e-commerce company posted poor earnings. Amazon’s earnings dropped 83% to $.01 from $.41 in the same quarter a year ago. Revenue…
Douglas A. McIntyre The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
While investors breathlessly await the company’s first earnings report since its IPO, Facebook Inc. (NASDAQ: FB) is believed to be prepping a run at the smartphone market. A report from Bloomberg News…
The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have effectively attacked…
Amazon (NASDAQ: AMZN) and Warner Bros. on Friday jointly announced a licensing agreement to add TV shows such as Fringe and The West Wing to its Prime Instant Video catalog, making those shows available…
Barnes & Noble (NYSE: BKS) is not the next Borders, as some analysts like to say. It has much larger sales, much smaller financial obligations and a major e-commerce presence. But what seemed…
The three major US stock indexes opened higher this morning in advance of Fed Chairman Ben Bernanke’s semi-annual report to Congress and following some data on inflation (more coverage here), industrial production,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. Alcatel-Lucent SA (NYSE: ALU): Cut to Hold at Deutsche Bank. Amazon.com, Inc.…
GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
Recently public companies Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA) rose sharply following their IPOs, but have taken a turn south that has taken shares off post-IPO highs by more…
Groupon (NASDAQ: GRPN) hit an all-time low of $7.72 yesterday. CNBC points out that part of the cause was the online coupon company’s exposure in Europe. The observation may be the first…
