Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. He was…
According to Reuters, the federal government bailed out AIG (AIG) The Fed will loan the insurance company $85 billion for two years in exchange for a 79.9% stake. Reuters says that Barclays…
According to Reuters, the markets will now turn their attention to AIG (AIG) which is struggling to survive. Reuters report that the Fed will probably hold interest rates steady and signal a…
According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low. Reuters reports that billionaire Carlos Slim has bought 6% of The New York Times (NYT). Reuters writes that Northrop Grumman…
According to Reuters, Goldman Sachs (GS) will buy $1.5 billlion in assets from ABN. Reuters reports that Ford’s (F) new plans will not change because of the fall in gas prices. Reuters…
These are some of the top Downgrades or negative calls we are seeing early this Tuesday morning. Neutral and Hold ratings are not technically negative, but they aren’t ringing endorsements either. Best…
These are not all of the upgrades or positive calls we have seen, but these are some calls moving shares this Monday morning: AFLAC (AFL) Raised to Outperform at Raymond James. Amgen…
These are not all of the Downgrades or negative analyst calls seen this morning but these are some of the top calls seen this Friday morning: Best Buy (NYSE: BBY) Cut to…
These are not all of the analyst downgrades or negative calls affecting shares, but these are some of the calls impacting shares pre-market this Thursday morning: Albany Molecular (NASDAQ: AMRI) Cut to…
With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America list. This…
Best Buy Co, Inc. (NYSE: BBY) has just posted earnings. The electronics retail giant posted $0.43 EPS on $8.99 Billion in revenues. First Call had estimates of $0.37 EPS on $8.587 Billion…
Douglas A. McIntyre These are ten of the analyst calls we are focusing on this Friday morning: Best Buy (NYSE: BBY) Cut to Hold from Buy at Deutsche Bank. Calamos Asset Management (NASDAQ: CLMS) Cut…
We at 247WallSt.com have made calls doing our own checks to see just how the new blockbuster mega-hit Grand Theft Auto 4 video game from take-Two Interactive (NASDAQ: TTWO) is selling at…
It is the kind of deal that investment bankers trying to save their jobs and desperate CEOs might dream up. Blockbuster (NYSE:BBI) has proposed to buy Circuit City (NYSE:CC) for $6 to…
Circuit City Stores, Inc. (NYSE: CC) announced something this morning that many thought could not be done. The company is posting a profit. It posted a profit of $4.85 million shares, or…