Short-sellers walked away from Citigroup (NYSE: C),dropping their position by 20% in the period that ended May 15. They could not have anticipated that the Treasury would sell a huge amount of its…
These are ten of the top analyst calls seen so far this Monday morning from the upgrades, downgrades, and initiations from Wall Street firms: Dell Inc. (NASDAQ: DELL) Cut to Hold at…
In the late 1990s, shares of Xerox Corp. (NYSE:XRX) topped $60. When the high-tech industry imploded in 2001, Xerox shares fell to below $5. Since then the shares have risen to about…
Dell Corporation (NASDAQ:DELL) is still having trouble in its race for global PC market share. Its number for the first quarter of 2010 was 13.3%. Taiwan manufacturer Acer had a worldwide share…
The Russian and German investigations of potential bribes made by Hewlett-Packard Co (NYSE: HPQ) turned vicious today. German prosecutors are examining evidence that HP paid “about €8 million ($10.9 million) in bribes to win…
In one of the more ho-hum announcements in recent memory, Dell Inc. (NASDAQ: DELL) and Spain’s Telefonica S.A. (NYSE :TEF) today announced a strategic alliance to “develop future products and services designed around…
Apple Inc’s (NASDAQ: AAPL) new Macbook Pro can cost as much as $2,299 with a 17 inch monitor. That is not with additions that can push the price to more than $3,000. The…
Many tech stocks have doubled or tripled from the March market lows. Short sellers are in many cases willing to bet that ride is not over. The short interest in Micron (MU)…
Reuters: The Chinese hinted they were ready to let the yuan rise. Reuters: Asian stocks are near a 22 month high. Reuters: Regulators plan to track fast frequency trading. Reuters: FTC may…
The demand for the Apple (AAPL) iPad may be like the iPhone and iPod. iPod sales are now approaching 300 million worldwide, although it is not clear how many of those units…
Reuters: EU leaders are divided on Greece before their summit. Reuters: Changes in the health care bill will go back to the House. Reuters: China described interest rates as a “heavy-duty weapon”…
Lee Iacocca, Chrysler’s CEO in 1979, worked for $1 a year while his company paid back taxpayers $1.2 billion in loan guarantees. Edward Liddy, former CEO of Allstate (ALL), was paid $1…
Updated throughout the day. Merrill Lynch warned the SEC and Fed that Lehman was booking capital aggressively (FT) Apax Partner may buy Polycom (PLCM) for as much as $3 billion (FT) Palm (PALM), just…
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter…
Reuters: The Fed is likely to keep interest rates low for some time. Reuters: China said the yuan in not behind the US trade gap. Reuters: A record number of Chinese are…
