China’s Ministry of Commerce told the nation’s official news agency, Xinhua, that the People’s Republic will be the country with the most online retail volume in the world by 2013. U.S. e-commerce companies do…
Today’s edition of the Closing Bell is being published shortly after 2:00 p.m. US markets are closed Monday to observe the Memorial Day holiday. We’ll resume our normal schedule next Tuesday. The…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. No analyst calls will be made on Monday in the United States…
For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ZNGA) rose…
Property prices in China fell again last month in most of the 70 cities the National Bureau of Statistics measures. Forty-six cities had declines, a trend which has gone on for months. It…
Now that Scott Thompson is out as CEO of Yahoo! (NASDAQ: YHOO) and Ross Levinsohn is in as interim chief executive, the newly constituted board needs to keep its new leader. Levinsohn,…
As promised, Daniel Loeb and his firm, Third Point LLC, have today sent a letter to Yahoo! Inc. (NASDAQ: YHOO) demanding that the Internet firm open its books and records related to…
Paul Ausick Investors were skeptical when Scott Thompson became Yahoo!’s (NASDAQ: YHOO) new chief executive. He was nothing more than an e-commerce expert who had run eBay’s (NASDAQ: EBAY) PayPal unit. He had no credentials…
Douglas A. McIntyre Sotheby’s (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of $119.9 million…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Aetna Inc. (NYSE: AET) Reiterated Buy with a target price of $55…
Amazon.com, Inc. (NASDAQ: AMZN) must have the goal that if you can sell it online then it wants a piece of it. After many specialty online sales initiatives, now it seems that…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) Raised to Outperform as Bull of the Day…
BP (NYSE: BP) wants a trial over the Deepwater Horizon delayed while it tries to get a settlement. (Reuters) The International Monetary Fund receives $320 billion in new funds that could be…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) Maintained Sell with $2.00 target at S&P. Amazon.com,…
