Pre-Market Stock News (January 23, 2008)
We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance. There are of course drug developments and other contracts awards. Below…
We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance. There are of course drug developments and other contracts awards. Below…
China is admitting a recession in the US would be a significant enough drag to badly damage its exports and undermine its GDP growth. "If U.S. consumption really comes down, that’s bad…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail sales were up a disappointing 3.6% for the holidays. Reuters reports that…
It actually is not very unusual for a stock to lose half its value, especially if it is in the right sector. Shares in Countrywide Financial (CFC) are down over 75% in…
On tonight’s MAD MONEY on CNBC, Jim Cramer was discussing an opportunity he sees in Argentina-based Mercadolibre, Inc. (NASDAQ:MELI). Cramer likes the model. It hosts an online trading platform in Latin America…
Google (GOOG) is still trying to break the hold that Baidu (BIDU), the Chinese search engine has on its local market. The US company is not having much success. The Chinese government…
Despite a pending break-up in the media conglomerate, IAC/Interactive (NASDAQ:IACI) is spending up to $100 million to launch a new Internet company…. In China. IAC is planning bring its Ask.com to the…
Market in Japan and China should expect big pressure at the open on concerns over US credit markets, a lending freeze in China, and rising oil prices. .Shanghai, Hong Kong, and Tokyo…
It might not be fair to only break out 10 analyst calls from the myriad of calls out there, because there are dozens to hundreds of changes daily. Here are the key…
In Barron’s semi-annual Big Money Poll, institutional investors are asked about their two favorite stocks and also which shares are most overvalued. For the latest poll, 112 money managers responded. On the…
Wednesday is much more than Halloween and it is more than the FOMC announcement date. We have an event that has been perhaps more influential to many key stocks than the upcoming…
Well, after looking at the news it is of little surprise that Sohu.com (NASDAQ:SOHU) is on fire in after hours trading. Last week Baidu.com (NASDAQ:BIDU) ran up on what logic should have…
Google (GOOG) is not making any progress in China. That’s for certain. According to research firm Analysys International, Baidu (BIDU) had a 61.5 percent share in the third quarter, compared with 58.1…
Baidu (BIDU) had a good quarter. A very good one. Revenue rose 108% to $66 million. Net income was up 114% to $24 million. That seems small by Google’s standards. But, Baidu…