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…
These are some of the top analyst upgrades and positive calls we are seeing this Tuesday morning: American International Group (AIG) Raised to Buy at UBS. Anglogold (AU) Raised to Outperform at…
At the end of 2005, shares in Sirius (SIRI) were $7.87. At the end of 2006, they had fallen to $3.90. They now trade at $1.46. Seeing the stock price being cut…
In an editorial in The Wall Street Journal, UCLA law professor Lynn A. Stout argues that activist investors like Carl Icahn "rob average investors of better returns." She writes that "They push…
Douglas A. McIntyre Dell (DELL) wants to accomplish what no other company has been able to do over the last five years. It wants to hunt down and kill the Apple (AAPL) iPod like a…
According to Reuters, oil is nearing a 20% drop from its peak, moving into bear market range. Reuters writes that HP (HPQ), Yahoo! (YHOO), and Intel (INTC) are looking at ways to…
Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While some of the shorts…
A lot of people waited for months to get a new Apple (AAPL) 3G iPhone. Some even passed up the first version, which ran on AT&T’s (T) slower 2.5G network. A number…
According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast. Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter. Reuters writes that…
Concern about the health of Apple (AAPL) CEO and founder Steve Jobs has been mounting since his appearance to launch the iPhone 3G model. He was terribly thin. Earlier this week, the…
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
While Wall St. was fixated on Apple’s (AAPL) numbers and the health outlook for Steve Jobs, American Express (AXP) slipped through the side door with some frightening numbers. Apple’s earnings said something…