NYT: G.M. Profit Falls on Rising Costs http://nyti.ms/s8Io25 Reuters: Macy’s posts higher net, raises full-year outlook http://reut.rs/szLlTP Zerohedge: Worldwide Markets Collapse Following Italian Bond Margin Hike http://tinyurl.com/bouy2o4 BBC: Adobe job cuts cloud…
Greek and Italian prime ministers resign.The sovereign debt crisis in Europe became more confused as an unprecedented event occurred. The heads of two major national governments resigned within days of one another…
Greece will announce its new government today. (Reuters) Inflation in China drops in October. (Reuters) Olympus investment losses may have gone above $1 billion. (Reuters) Silvio Berlusconi leaves as prime minister of…
World stock markets hit 15-month lows. (Reuters) Apple (NASDAQ: AAPL) to launch the iPhone 5 as competition grows from Google’s (NASDAQ: GOOG) Android. (Reuters) China warns of a trade war if Congress…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Adobe Systems Incorporated (NASDAQ: ADBE), Oracle Corporation (NASDAQ: ORCL), and Orexigen Therapeutics…
The coming week is going to feel like a mini earnings season. We have many sector leaders reporting earnings and the fallout (or benefits) could be widespread. On deck are key earnings…
Europe posted anemic GDP growth in the second quarter of 2011, but the continent can still avoid a double-dip recession if European governments could solve a few problems. First is high unemployment…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Adobe Systems Inc. (NASDAQ: ADBE) Cut to Underperform at RBC. Alcatel-Lucent…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Achillon Pharmaceuticals, Inc. (NASDAQ: ACHN), Adobe Systems Incorporated (NASDAQ: ADBE), and FriendFinder…
Douglas A. McIntyre Twitter has, by most estimates, 225 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
We have several companies on the move on news after the close on Tuesday evening. We are tracking moves in shares of the following: Adobe Systems Inc. (NASDAQ: ADBE); AeroVironment, Inc. (NASDAQ:…
Earnings season is supposed to be over. Guess again. This coming week is going to feel like the earnings floodgates are open and the companies reporting have market-moving and sector-moving abilities. Monday…
Sysco’s (NYSE: SYY) earnings, which were announced last Monday, drove the stock higher by nearly 13%. Goldman Sachs commented that Dean Foods (NYSE: DF) share price could double in two years. Macy’s…
Most technology company first quarter earnings have been relatively good. Businesses and consumers have begun to return to the market for servers, PCs, and software. The demand for smartphones and tablets is…
Short sellers seem to have ignored the strong earnings released recently by Intel (NASDAQ: INTC) and IBM (NYSE: IBM). They have, for the most part, bet strongly that the stocks in many…
