Wednesday is going to mark yet another important day for the early wave of key earnings for this earnings season. The second quarter became more challenging for many companies as we noted…
The three major US stock indexes opened higher this morning on reports of a new bailout for Spanish banks and a 24-basis point drop on 10-year Spanish bond yields (our coverage here).…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target to…
The display advertising industry, shaken by the falling prices it can get for its online ads, has taken to showing full-page marketing messages at websites. These blot out all of the content on website pages,…
American Express Company (NYSE: AXP) is showing why its customer base is said to be the best in the credit card industry as far as credit metrics are concerned. The gains of…
Jon C. Ogg The country’s largest financial institutions are having another good day today, despite the announcement by the European Central Bank (ECB) early this morning that it would not be lowering interest rates. Shares…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings for the Berkshire Hathaway empire. This cut off date is as of March 31,…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
There are rumors that the Facebook “roadshow” to present the company’s prospects to investors will begin this week and that the initial public offering of the social network will come before month’s…
The DJIA reached the level where it last was at the end of 2007, the year when the index peaked. At the close, the Dow was 13,279.32. Its all-time high of 14,164.53…
The S&P 500 was down slightly last month as was the NASDAQ. For each, it was the first drop since November. The DJIA rose a tiny amount which kept its multi-month rally…
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in settlements with…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will be in the news quite a bit now that the world’s most famous investor, chairman Warren Buffett, has been diagnosed with prostate cancer. We…
Warren Buffett is supposed to be invincible. Unfortunately the world is finding out that this is not the case. A disclosure letter came from Mr. Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)…
