Congress, close to a budget agreement, may avoid a government shutdown. (Reuters) Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters) The policy meeting of…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
Novartis (NYSE: NVS) said it would cut 2,000 workers and outsource some functions to companies that will do the work for less than it can. Novartis will take a restructuring charge of…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
A company can spend billions of dollars on R&D and get little respect as an innovator. Even though that is the conclusion of a new study by Booz & Co., the conclusion…
Earnings dominated the press coverage of today’s shares. Novartis and Harley-Davidson released numbers Icahn Enterprise was thumped after it made a bid for Clorox, which was rejected. Boeing was hit because large…
Implanted medical devices are one of the most profitable businesses of the U.S. healthcare industry. While many devices help extend and improve quality of life, a great many others may not be…
Nothing compared to the negative press News Corp (NYSE: NWS) has gotten in the last three days as its The News of The World is accused of tapping the phone of a…
We have a lot to expect from the cast of characters in what we call The Unusual Suspects in the coning week. We will be watching trading in shares of Apple Inc.…
It’s the BioHeath Daily for key developments in drugs, biotech, and medical developments. Prana Biotechnology Ltd. (NASDAQ: PRAN) is often overlooked here in the U.S. as it has such a small market…
Spain’s debt was put on review by Moody’s. (MarketWatch) The tax cut bill has been sent to the Senate. (Reuters) The Federal Reserve remains concerned about the economy and said its would…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Started as Neutral at Credit Suisse. AstraZeneca (NYSE: AZN) Cut…
Reuters: Bernanke may admit the economy is weak but not five details of the Fed’s plans. Reuters: Hewlett-Packard (NYSE: HPQ) outbid Dell (NASDAQ: DELL) for 3Par (NYSE: PAR) by offering $27 a…
The number of analyst calls ahead of the three-day weekend are fairly small, as you would expect. Some of this Friday’s top analyst research calls with upgrades, downgrades, and initiations seen from…
Reuters: The Senate was not able to reach consensus on the financial reform bill. Reuters: Heavy oil from the BP plc (NYSE: BP) rig came ashore in Louisiana. Reuters: Trading systems broke…
