According to Reuters, analysts expect Lehman (LEH) to have a $1.8 billion loss. Reuters writes that the US is likely to recapitalize Fannie Mae (FNM) and Freddie Mac (FRE). Reuters reports that…
AMD (AMD) shareholders have on their rally caps. The shares are up 9% to $5.77. PC sales growth for the last quarter was better than expected. MarketWatch writes, Worldwide shipments grew 3.1%…
According to Reuters, Ford (F) will build a news luxury crossover vehicle. Reuters writes that Merrill Lynch (MER) will freeze all hiring through the end of the year. Reuters reports that the…
According to Reuters, Goldman Sachs (GS) will buy $1.5 billlion in assets from ABN. Reuters reports that Ford’s (F) new plans will not change because of the fall in gas prices. Reuters…
Intel (INTC) says sales of its new "Atom" chips are off to a good start, although it is unclear what that means. The product line was created for a new generation of…
If you think the long-gone uptick rule or naked shorting was important for financial stocks, you might wonder what was going on in technology stocks with short sellers. In the major NASDAQ…
These are some of the top analyst upgrades and positive calls we are seeing this Tuesday morning: Alaska Air (ALK) Raised to Overweight at JPMorgan. AMR Corp. (AMR) Raised to Overweight at…
Reports have been increasing that the new Apple (AAPL) 3G iPhone is having trouble connecting to 3G networks and is plagued by dropped calls. Since a number of consumers waiting for the…
Motorola (MOT) kept its lead in US market share by holding 25.8% of the country’s cellular phone business. That was hardly the big story. Research-In-Motion (RIMM), maker of the Blackberry, was the…
Apple (AAPL) says customers have already downloaded 60 million software applications for its iPhone. That number seems phenomenal, but from a revenue standpoint it is not. According to The Wall Street Journal,"…
Douglas A. McIntyre Reuters reports that UPS (UPS) is trying to buy Dutch rival TNT Reuters writes that credit unions are being hit by mortgage market problems. Reuters reports that GATX (GMT) is offering over…
Usually rumors on new technology items create buzz or create hype for shareholders, but they can also create unrealistic expectations that ultimately hurt the stock. Apple Inc. (NASDAQ: AAPL) has been under…
Douglas A. McIntyre After Wal-Mart (WMT) announced its outstanding June numbers, Wall St. said the company was actually “recession proof”. Consumers, beat down by high gas and commodities prices, could turn to Wal-Mart to get…
Apple (APPL) Started as Outperform at Credit Suisse Dell (DELL) Started as Outperform at Credit Suisse. EMC (EMC) Started as Outperform at Credit Suisse
The big theory after Wal-Mart (WMT) announced its June same-store sales was that the company was recession-proof. People were going from higher-priced retailers to Wal-Mart to save money because the economy was…
