Do public companies have an obligation to tell the market when there are baseless rumors driving up their stock prices? Probably not. Although, most will make announcements when their shares are falling…
According to Reuters, the four largest players in global financial markets have grown at a breakneck pace in the last six years, and the assets they manage are expected to double to…
Circuit City (NYSE:CC) is actually seeing its shares trade higher today. This isn’t on the consumer rebirth, and it isn’t on the company turning itself around. Today, Barron’s is reporting on its…
Online retailer Amazon (AMZN) hit a 52-week high last week. So did Priceline (PCLN), Expedia (EXPE), and eBay (EBAY). Even Overstock (OSTK) made the list. On the 52-week low side of the…
Sears Holdings (SHLD) was supposed to be the next Berkshire Hathaway. It does not seem to be working out that way. After a poor earnings performance and rough same-store sales, SHLD hit…
Sears (SHLD) reported a poor quarter this AM. The company reported net income of $176 million, or $1.17 per diluted share, for the second quarter ended August 4, 2007, compared with net…
Douglas A. McIntyre Target Corp. (NYSE:TGT) will report earnings Tuesday morning with a conference call to follow. Shares closed up Friday but are down with the market today. First Call is expecting EPS to be…
The head of Sears (SHLD), Ed Lampert, may be a good hedge fund manager, but he is an awful retailer. (He has appointed another poor soul, Aylwin Lewis to be CEO and…
Douglas A. McIntyre (BEAS) BEA Systems trading up 6% pre-market on 3 upgrades: Raised to Buy at B of A; raised to Buy at UBS; raised to Outperform at Bear Stearns.(BX) Blackstone earned posted revenues…
(AA) Alcoa $0.81 EPS vs $0.81e; will likely have to sweeten Alcan bid before getting any approval from Alcan.(BOT) CBOT holders approve the CME merger offer.(CACS) Carrier Access lowered guidance.(CAKE) Cheesecake Factory…
Wal-Mart (WMT) must be getting sick of not knowing what is going on out there in the markets in which it competes. Wall St. would think it would have a good idea,…
Eddie Lampert’s ESL Investments is reportedly set to raise a few billion dollars for the new ESL hedge fund. What would Lampert be able to do with more money? He’d be able…
On today’s STOP TRADING segment on CNBC, Jim Cramer focused on Dell inc. (DELL) again. He is very positive on the company and he thinks Michael Dell is the real deal. Last…
Wal-Mart (WMT-NYSE) finally remembered that they are a public company today because they have held their annual shareholder meeting. This proves that the company is truly owned by the investors for at…
Tonight Cramer came on CNBC’s MAD MONEY with his SELL BLOCK tonight. He had two 40% gainers, and these are both two very widely traded stocks. Charter Communications (CHTR) he thinks it…
