According to Reuters, the House passed a bill that would tax AIG’s (AIG) and some other bonuses by 90%. Reuters reports that the US gave auto suppliers a $5 billion lifeline. Reuters…
According to Reuters, the White House is finishing a bank rescue package , that involves investment by private equity. Reuters reports that a poll of analysts cut Q2 earnings forecasts. Reuters reports…
Today’s market looked more like an advanced yo-yo session rather than a regular stock market trading day. Since stocks gapped down so much, there were many new names on the list of…
Most people who are in business put making a profit above maintaining a good image. They would like their customers to think well of them because it drives sales. But, being a…
People who get to the end of 2008 and are still at work can be thankful. The unemployment rate will probably be over 7%. That does not count the people no longer…
According to Reuters, GM (GM) and Chrysler are close to a loan deal with the government. Reuters reports that Obama will ask for a major stimulus package focusing on infrastructure and helping…
According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs. Reuters reports that the SEC is under fire over the Madoff investigation. Reuters reports that Obama…
According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans. Reuters reports that…
DHL has announced that it was cutting 9,500 jobs as it discontinues air and ground operations within the United States. DHL Express says that it will continue to operate between the United…
CSX Corp. (NYSE: CSX) is trading higher after the railroad operator increased its 2008 and long-term financial guidance. It sees Fiscal-2008 earnings of $3.65 to $3.75 per share, which is above its…
It looks like lower fuel prices are turning into net gains for transportation companies. Finally! FedEx Corporation (NYSE: FDX) has announced that it now expects to post earnings of $1.23 per share…
Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names. Over time these brands often lose their earnings power. Corporations who find…
These are the early bird Downgrades and negative calls from analysts we are seeing this Thursday morning: Akamai (AKAM) Cut to Market Perform at FBR. Avon (AVP) Cut to Hold at Deutsche…
The market took the UPS (UPS) news hard. High fuel prices and slowing customer demand made the company cut its earnings forecasts, just as rival Fedex (FDX) did a week ago. According…
United Parcel Service, Inc. (NYSE: UPS) is currently halted on NYSE trading. Big Brown decided it better follow the lead of FedEx Corp. (NYSE: FDX) and come clean with an earnings warning. …
