Today’s Best Market Rumors (3/17/2010)
Updated throughout the day. Richard Fuld, former CEO of Lehman, feels that the 2,200 page report on the collapse of the firm “vindicates” him (NYPost) Renaissance Technologies may close two of its…
Updated throughout the day. Richard Fuld, former CEO of Lehman, feels that the 2,200 page report on the collapse of the firm “vindicates” him (NYPost) Renaissance Technologies may close two of its…
Reuters: China took a hard position on the value of the yuan despite US pressure. Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans. Reuters: If banking laws change,…
Google (GOOG) has created a version of its Nexus One Android-powered phone that will work on the AT&T (T) wireless network. That is a large step up from the T-Mobile network that Google…
The Apple (AAPL) App Store has about 150,000 applications which have been downloaded more than 3 billion times. Most of the apps are free, but some cost $50 or more. 24/7 Wall…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Tiger Woods sponsorship income in 2009 was estimated by several media sources to be $110 million. Thirty million dollars of that came from Nike (NKE). There are no estimates for the revenue…
Al Gore invented the internet, and Cisco (CSCO) will improve it forever. Cisco built up today’s announcement of its latest technology and the result of the news was that the firm’s stock…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
These are ten of the top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning: AOL Inc. (NYSE: AOL) Started as Hold at Jefferies. AT&T…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
Google (GOOG) announced that it will test “superfast” broadband in more than 50,000 households and will offer connection speeds that are in some cases one hundred times faster than current services. It is ironic…
Updated throughout the day. Canada’s Brookfield may bid against Simon Property Group (SPG) for the assets of real estate from General Growth. (Bloomberg) The deal for GM to sell Hummer to Sichuan Tengzhong Heavy…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Whatever happened to the $1 a year men? When the federal government gave Chrysler $1.5 billion to stay in operation, CEO Lee Iacocca worked for $1 until the taxpayers were received their…
A new study by JD Power shows that wireless call quality fell sharply during the last six months. Part of this is undoubtedly due to overloads of 3G networks which are swamped with data.…