Media Digest (3/22/2011)
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Akamai Technologies Inc. (NASDAQ: AKAM) Raised to Buy at Stifel Nicolaus.…
After a second do-over, Boeing Co. (NYSE: BA) has once more bested Airbus maker EADS (OTC: EADSY) in the bidding war for a new US Air Force tanker. But the battle could…
In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The…
China’s PMI growth slowed and the current monetary policy may be sufficient to curb inflation (Reuters) The use of solar power by China is rapidly expanding (Reuters) Sony (NYSE: SNE) sued to…
War and the fear of war create uncertainty for financial markets. If there is one place in the world that you can count on uncertainty rising from throughout the years it is…
Lockheed Martin Corporation (NYSE: LMT) is going to retire more stock. The defense giant announced this morning that it has approved a new share repurchase program that will allow the repurchase of…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The defense sector has been under pressure as the future military spending is moving away from the giant expense items. This week’s news was that $100 billion is the target goal to…
Restructuring never ends in many large corporations. After a week’s worth of reading through dozens of corporate deals in the pipeline and analyzing others which could be close, it seems that many…
The $787 billion federal stimulus package enacted last year included $20 billion to subsidize energy efficiency programs in the states. Adding insulation, installing more efficient lighting, and other such seemingly small changes…
These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls: Analog Devices Inc. (NYSE: ADI) Raised to Outperform at Bernstein. Annaly Capital Management (NYSE:…
The outrage over investment bank salaries has just begun to die. Many financial firm CEOs and senior managers took less pay than they have in recent years, and took a larger percent…
Robert J. Stevens, the CEO of Lockheed Martin (LMT) made $23 million last year, according to the company’s proxy. Part of his compensation included use of corporate aircraft for personal reasons. Lockheed…
Challenger, Gray & Christmas announced that layoffs disclosed by major US firms last month hit 71,482 in January up from 49,094 in December. Downsizing at ten companies made up a third of the…