24/7 Wall St. has said for over a year that Best Buy (NYSE: BBY) could not be turned around under incompetent CEO Brian Dunn. Clueless Best Buy founder Richard M. Schulze must…
Charles Blahous, a George Mason University research fellow, reports that the new health care law could add $530 billion to the deficit. (Washington Post) Fed Chairman Bernanke says many banks need larger…
Despite the fact that Easter and Passover holiday may not be the best time to launch a new product, Amazon. com Inc. (NASDAQ: AMZN) reports that the Lumia 900 from Nokia Corp.…
Lists of top-sellers at single destinations do not always equate to broad-reaching trends around the entire nation nor around the entire globe. Still, when you see a surprise like this it tends…
The press covered the decision by Facebook to list on Nasdaq rather than the NYSE (NYSE: NYX) as if a real contest existed between the two exchanges. Facebook could not have done otherwise…
Investors have plenty of reasons to want disoriented Best Buy (NYSE: BBY) CEO Brian J. Dunn to be dismissed. Dunn has lost his way as he tries to find a path to compete online with…
Google (NASDAQ: GOOG) made a $6 billion offer for Groupon (NASDAQ: GRPN) late in 2010. The rumor then was the Groupon had revenue of $2 billion that year. It turned out not to be true, and…
Markets opened lower this morning but managed to recover fairly quickly following a report on robust manufacturing growth (our coverage here). The report on construction spending came in weaker than expected (our…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Some of these calls are moving the shares this morning. Amazon.com, Inc.…
Three companies recently announced plans to improve their fortunes. Google (NASDAQ: GOOG) will launch its own tablet PC to challenge the Apple (NASDAQ: AAPL) iPad, the Wall Street Journal reports. Best Buy…
The concern of EU governments about the fates of Italy and Spain was evident as the region appears ready to increase its emergency funding facilities to 940 billion euros. Spain and Italy are…
Douglas A. McIntyre Markets opened lower this morning but fought back on the day. This morning’s report new unemployment benefits claims tamped down enthusiasm among investors (our coverage here). US natural gas inventories rose much…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) Maintained Sell with $2.00 target at S&P. Amazon.com,…
Speculation continues to grow that Google Inc. (NASDAQ: GOOG) will release a tablet device later this year and join the gaggle of competitors chasing the iPad from Apple Inc. (NASDAQ: AAPL). The…
The new Apple (NASDAQ: AAPL) iPad may give off much more heat that its predecessors. (Reuters) JP Morgan (NYSE: JPM) will buy 19.9% of Chinese company Bridge Trust. (Reuters) Strong sales of…
