According to Reuters, Cablevision (CVC) is close to buy newspaper Newsday Reuters writes that RIM (RIM) is releasing its Blackberry Bold, aimed at keeping its lead in the business market. Reuters writes…
Hank Greenberg, former chief of AIG (AIG), still walks the avenues of Wall St. at night, plotting how to get his old job back. He has been in a series of disputes…
According to Reuters, AIG (AIG) lost $7.8 billion in the last quarter and will have to raise money. Reuters reports that Google says it will have revenue enhancing products for YouTube soon.…
American International Group (NYSE: AIG) showed a wider-than-expected loss for the quarter. More importantly, it plans to raise more than $7 billion to buttress its balance sheet. Its net loss was -$3.09…
Douglas A. McIntyre The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down 22%,…
AIG (NYSE: AIG) is asking regulators to change the way that assets are marked to market at financial companies. This system has caused tens of billions of dollars to be written off…
According to Reuters, regulators unveiled a plan to toughen rules for mortgage brokers. Reuters writes that Yahoo! (YHOO) and Microsoft (MSFT) have begiin informal discussion about the buy-out. Reuters reports that IACI…
These are not the only analyst calls this morning, but these are 10 impact calls we are reviewing this Thursday morning: American International Group (NYSE: AIG) Cut To Equal-weight at Morgan Stanley.…
By now you have heard news of New York Governor Eliot Spitzer’s involvement in a prostitution ring. So much for crime and ethics fighters being immune from temptation. But what we wanted…
It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the planet. …
No matter how bad the markets were in February, they were worse for some stocks than for others. Shares in Microsoft (NASDAQ: MSFT) dropped 16% during the second month of the year,…
These are not the only analyst calls affecting shares of stock this morning, but these are the initial calls that 247WallSt.com is focusing on: AIG (NYSE: AIG) cut to Market Perform at…
According to Reuters, Paulson believes that the current proposal to help homeowners is too broad and may help speculators. Reuters writes that Microsoft (NASDAQ:MSFT) has cut the price of Vista to encourage…
The evidence comes in in pieces. One bit of bad news here and one there. Today, the FT reported that US banks had tapped the Fed’s Term Auction Facility for over $50…
Just last week Credit Suisse (NYSE:CS) was the cock of the walk. It had been so well-run that its write-downs for mortgage-back securities were small. Unlike other banks in the US and…
Douglas A. McIntyre 