Short sellers moved into the shares of companies that Wall St. views as having weak earnings capacity and poor business strategies. Shares sold short in AMD (NYSE: AMD), which recently pushed out…
Bernanke warned that sharp budget cuts could derail the recovery. (Reuters) The Hong Kong exchange said it was open to mergers after marriages began between North American and European exchanges. (Reuters) Facebook…
NokiaNokia Corp. (NYSE: NOK) CEO Stephen Elop is scheduled this Friday to announce a plan to turn the Finnish phone giant around. An internal memo from Elop has hit the street, and…
Updated throughout the day. Apple (NASDAQ: AAPL) has begun to build the next generation iPad (WSJ) Arcos Dorados, the world’s largest McDonald’s (NYSE: MCD) franchisee will file for an IPO (FT) Google…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Apple Inc. (NASDAQ: AAPL) Raised to Outperform as the Bull of the…
The SEC will try to make market traders less reliant on ratings agencies. (Reuters) GM (NYSE: GM) will set up a profit-sharing plan for workers. (WSJ) S&P warned Japan on its credit…
Apple Inc. (NASDAQ: AAPL) is seeing yet one more analyst upgrade ahead of Thursday’s launch of the iPhone with Verizon Communications Inc. (NYSE: VZ). The move is eliminating the AT&T Inc. (NYSE:…
Media reports questioning whether the United States will keep its “Triple-A Rating” in the future are frequent. The fear of endless budget deficit spending and quantitative easing have only added fuel to…
President Obama spoke to the Chamber of Commerce yesterday. What he said can be condensed easily. He will do what he can to cut unnecessary regulations and improve the corporate tax…
Douglas A. McIntyre Data released by comScore about mobile phone sales in December showed that trends from earlier in the year continued. Sales of Samsung handsets bested all of its rivals in the US with…
The joint venture between Sony Corp. (NYSE: SNE) and L.M. Ericsson Telephone Co. (NASDAQ: ERIC), aptly called Sony Ericcson, tantalized gamers with a commercial during yesterday’s Super Bowl for a device everyone’s…
A number of news media have recently reported that Nokia (NYSE: NOK) CEO Stephen Elop will replace a large number of the top managers at the world’s largest cellphone company. Among the…
AOL (NYSE: AOL) bought the Huffington Post for $315 million. (Reuters) Sanofi-Aventis and Genzyme (NASDAQ: GENZ) are closer to a deal (Reuters) Hackers who broke into the NASDAQ will undermine investor confidence.…
Apple (AAPL) may make significantly more money from its new iPad that it has on any other product it has launched since 2001 when the iPod came to market. Research firm iSuppli…
Consumers who want an Apple (NASDAQ: AAPL) iPhone from Verizon Wireless can no longer order it online. The Verizon Wireless website posted a message which says iPhone 4. Verizon. It begins.We are…
