Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: GOOG) and…
Pre-paid wireless provider MetroPCS Communications, Inc. (NYSE: PCS) reported earnings and revenues this morning that did not live up to expectations, pushing the shares down -28% in the first half-hour of trading.…
Updated throughout the day. Apple (NASDAQ: AAPL) supplier Foxconn will use up to one million robots for manufacturing by 2013 (Reuters) Lansdowne Partners sold an $850 million stake in Goldman Sachs (NYSE:…
The intensely competitive wireless sector showed some additional blood-letting this week when Sprint Nextel Corporation (NYSE: S) announced second-quarter earnings. The shares closed down 16% at $4.34 after being down as much…
The juggernaut that is Apple (NASDAQ: AAPL) iPhone sales grows more powerful each day. New data show that Apple thrashed its smartphone competitors in the second quarter and may have become the…
Plans for a budget vote by Republicans in the House fell apart (Reuters) Moody’s threatened to downgrade Spain (Reuters) BSkyB will have a $1.6 billion share buyback (Reuters) S&P said the U.S.…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of…
The trend among short sellers for the last two months is that they gamble against shares in the weakest public companies. Perhaps they sense that an economic downturn or U.S. debt default…
Most of the focus on tech earnings this season has been on the extraordinary gains of Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG) and even older companies like Microsoft (NASDAQ: MSFT) and Intel…
Congress and the White House have made little progress on the debt talks (Reuters) The U.S. has come perilously close to a cut of its debt to Aa (Reuters) Moody’s warned that…
Jon Ogg24/7 Wall St. normally covers research and analyst calls each morning of the week. After reviewing these, there always turn out to be some insightful research calls that stand well apart…
This is the Twitter-24/7 Wall St. market report for July 22, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
Updated throughout the day. Apple (NASDAQ: AAPL) may enter the bidding for Hulu (WSJ) Obama and Boehner have had secret meetings to settle the budget crisis (NYT) Douglas A. McIntyre
Douglas A. McIntyre NokiaWhy does troubled handset company Nokia (NYSE: NOK) own NAVTEQ, which is a map and traffic software company? The unit competes with several powerful rivals, including Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOG),…
Microsoft (NASDAQ: MSFT) posted strong results, but Windows revenue may continue to drop as PC sales fade (Reuters) The Justice Department will look into whether the advertising operations of News Corp (NYSE:…
