According to Reuters, IBM (IBM) issued a strong forecast for next year. Reuters writes that Bush and Congress are looking at a $150 billion package to improve the economy. Reuters reports that…
After Citigroup (C) and Merrill Lynch (MER) have announced their earnings, Wall St. will probably see what it expected. The estimates for write-offs, lay-offs, and new capital infusions are already out there.…
On tonight’s MAD MONEY on CNBC, Jim Cramer said that after IBM (NYSE: IBM) raised its numbers that was just the excuse to rally tech as it was and oversold. he noted,…
IBM (IBM) has come out raised guidance this morning on strong international orders. Big Blue put earnings at $2.80 EPS, and the First Call estimate was $2.60 EPS. and revenues came in…
We had an interesting ticker on the 52-week low club this morning right after the open: DELL. Dell Inc. (NASDAQ:DELL) shares traded down more than 2% under $21.60 right after the open…
These are not the only impact analyst calls affecting stocks this morning, but these are the ones that 247WallSt.com is focusing on: Agilent (A) raised to Buy at Banc of America. Bed…
According to Reuters, Singapore says that it has no interest in controlling UBS (UBS) in which it has made a large investment Reuters writes that IBM (IBM) is in talks to buy…
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire’s chief, Warren Buffett could put his money…
Oracle Corp. (NASDAQ: ORCL) just posted earnings. Its GAAP EPS was $0.25 but non-GAAP was $0.31 EPS on revenues of $5.3 Billion. First Call had estimates at $0.27 non-GAAP EPS on revenues…
Most manufacturing has gone out of the US. TVs, cars, steel. What is left? Boeing (BA) and a service and technology economy. Companies like McDonald’s (MCD) can’t export cooking hamburgers and staffing…
According to Reuters, the pace of holiday spending dropped off in late November and early December. Reuters writes that Ingersoll-Rand (IR) is buying Trane (TT) for $10.1 billion. Reuters writes that chip…
This was an active week in share repurchases, and many key stocks announced new buyback plans or gave updates to their buyback plans. Below are the key buybacks 247WallSt.com reviewed: Kenexa (Nasdaq:…
According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers. Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%. Reuters…
Semtech (NASDAQ:SMTC) has purchased a total of 9,836,066 shares of its common stock for an aggregate price of $169.4 million under an accelerated buyback plan; it intends to resume purchasing shares of…
Dell’s (DELL) slightly frightening forecast about more restructuring, acquisitions, and component costs probably hurt the company to the extent of a 14% price drop today. But, the shares are still at $24.24…
