According to Reuters, the financial crisis may speed up the approval of the Treasury Secretary. Reuters reports that Fiat has set a deal to own 35% of Chrysler. Reuters reports that an…
These are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens: Aegon (AEG) Cut to Sell at UBS. Apple…
In our preview of energy stocks for 2009 we were able to come up with a company that might actually provide a decent return to investors. Looking at some of the major…
Jim Cramer came on CNBC’s MAD MONEY this week with several ideas for shotgun marriage merger proposals he wanted to throw out there where he was calling for more mergers from the…
These are some of the early positive analyst calls and analyst upgrades we are seeing this Wednesday morning: American Physicians (ACAP) Started as Buy at SunTrust Robinson. Bank Of NY Mellon (BK)…
It is looking fairly quiet on the analyst research front this Monday morning. Here are today’s early bird upgrades and downgrades from Wall Street analysts: Accenture (ACN) Raised to Buy at SocGen.…
According to Reuters, markets in Asia and Europe ross about 2% Reuters reports that the downturn in the Chinese economy deepened. Reuters reports that BHP Billiton (BHP) was gloomy about its prospects…
We’ve already conducted the post-mortem on the failed bid by Australia’s BHP Billiton (NYSE:BHP) for Britain’s Rio Tinto (NYSE:RTP). There are just a couple of details worth noting.
Douglas A. McIntyre The BHP Billiton (BHP) offer to buy fellow mining company Rio Tinto (RTP) was one of the largest M&A deals in the known universe. At $62 billio, it was colossal. The lover’s…
Douglas A. McIntyre According to MarketWatch, shares in Rio Tinto (RTP) dropped 40% after BHP Billiton (BHP) dropped its offer for the company. According to Reuters, Citigroup’s (C) assurances that it did not need capital…
According to Reuters, disappointing earnings pushed Wall St. down. Reuters reports that Yahoo! (YHOO) profits dropped and the company will cut jobs. Reuters writes that Kirk Kerkorian sold part of his Ford…
Canadian miner Teck Cominco (NYSE:TCK) is changing its name to Teck Resources, and the company intends to build its brand just on the name Teck. The new name takes effect legally in…
The new mantra creating a deflating speculative bubble is taking a new twist. Even before Ospraie blew out its fund (and now after) there have been more rumors about commodity-related funds or…
London-based Rio Tinto (NYSE:RTP) reported earnings for the first six months of 2008, and the numbers were very impressive. Net earnings reached $6.9 billion, up 113% from the first half of 2007.…
Douglas A. McIntyre The largest mining company in the world, BHP Billiton (NYSE:BHP) today reported revenues of $59.47 billion and EPS of $2.75 for its full 2008 fiscal year ended June 30th. Analysts were expecting…
Douglas A. McIntyre 