No rest for the weak in a market which even punishes mediocrity. Several widely traded companies made new lows. Firms with heavy debt and poor operating profit prospects were hit particularly hard.…
Over the last week, both major financials and techs sold off substantially, another sign that one major sector is doing nothing to offset the other. Taken in tandem with GE’s (NYSE: GE)…
These are far from all of the lows, but these are many highlighted stocks that traders will care about. The prices for today are based on the last hour of trading and…
Most companies on Nasdaq did fairly well with the shorts in the period which ended on March 31 compared to March 14. The two tremendous exceptions were Level 3 (LVLT) where short…
According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner’s (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company. Reuters writes…
Hand it to Michael Dell. His company, Dell (NASDAQ: DELL) is in talks with the sovereign fund in Dubai to get a big juicy check. But, instead of just cash, Dell is…
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will…
Michael Dell, CEO of Dell (DELL) predicted that 2008 would be a prosperous and profitable year for the company, even in the teeth of a recession. According to Reuters, the company will…
The market for desktop PCs and notebooks gets more competitive by the day. Just ask Michael Dell of Dell (DELL). He has cut more people and plans to shut a facility in…
One topic we cover at 247WallSt.com with regularity is share buybacks from major companies. While we are starting to see a slower pace in fresh buyback announcements compared to 2006 and 2007,…
These are not the only analyst calls impacting stocks, but these are the top analyst calls that 247WallSt.com is focusing on this Friday in pre-market trading: Allegheny Tech (NYSE: ATI) cut to…
According to Reuters, US car sales for March are likely to be off sharply. Reuters writes that Microsoft (MSFT) will not raise its bid for Yahoo! (YHOO) Reuters reports that UBS (UBS)…
Dell Inc. (NASDAQ: DELL) has announced additional actions in its previous restructuring in its attempt to smooth its operating model, rationalize its operations and improve profitability and cash flow. In short, costs…
The hopes in 2007 were that the upgrade cycle in PC’s was going to last in 2008 and into 2009 and beyond. After all, only a fraction of PC’s in the U.S.…
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a…
