Ron Burkle, a financier who is fond of raiding retail companies, plans to take a 37% stake in the nation’s largest bricks-and-mortar book seller, Barnes & Noble (NYSE:BKS). Burkle’s Yucaipa investment funds…
Reuters: Obama is looking for ways to cut the deficit. Reuters: Citigroup (NYSE:C) may sell its private equity group. Reuters: Toyota (NYSE:TM) will announce the fix for its gas pedals. Reuters: China…
Quarterly results at Amazon.com Inc. (NASDAQ: AMZN) beat even the company’s own high estimates for revenue and profits. A lot of that was due to the success of the company’s Kindle e-reader…
Shares in almost every major American company on the most active list fell and in some cases fell sharply on the 28th. The stock of Qualcomm (NASDAQ:QCOM), the largest handset chip maker in…
Reuters: Congress will probe the Toyota (NYSE:TM) recalls. Reuters: Samsung said chip and TV demand is strengthening. Reuters: Some AIG (NYSE:AIG) employees are open to cuts in retention pay.
Amazon.com Inc. (NASDAQ: AMZN) has just reported earnings of $0.85 EPS and $9.52 billion in revenues. Thomson Reuters had estimates of $0.72 EPS and $9.04 billion. The company sees $6.45 billion to…
Douglas A. McIntyre Today is effectively what we are penning as the crest of earnings season. Things have changed because of the sell-off seen this morning on options trader valuation and implied percentages. We tallied…
Jeff Bezos, the founder of Amazon (AMZN), does not want to see Steve Jobs, the co-founder of Apple (AAPL), take away the e-reader market with the new Apple iPad. The iPad does almost all…
These are this Wednesday’s top 10 analyst calls for upgrades, downgrades, and initiations seen in Wall Street research: AK Steel (NYSE: AKS) Raised to Buy at Goldman Sachs. Amazon.com (NASDAQ: AMZN) Raised…
The Apple (NASDAQ:AAPL) tablet computer is going to have an 10″ or 11″ screen, a touchpad key board, the ability to connect to WiFi or 3G networks to reach the internet. It…
Reuters: Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case. Reuters: China GDP grew 10.7% in the fourth quarter. Reuters: Obama will target excessive…
Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there was any improvement…
An adage in options trading is that the closest and most active strike prices tend to act as magnets that draw share prices that direction as options expiration date gets closer and…
These are Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Raised target to $160 from $130 at Barclays. Bank of America Corporation (NYSE:…
Yahoo! (NASDAQ:YHOO), Google (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT) may want to take note. China’s largest search engine, Baidu (NASDAQ:BIDU), was taken down by hackers and several reports say users were pointed to an “Iranian Cyber…
