According to Reuters, NY State sent subpoenas to Bank of Americ (BAC) executives over auction-rate securities. Reuters reports the Boeing’s (BA) machinist union voted to strike but stay on the job two…
Chesapeake Energy (CHK) announced today that it will create a joint venture with the US division of BP plc (BP) that will give BP a 25% stake in Chesapeake’s Fayetteville Shale assets…
In the midst of the military and political fiasco in Georgia, it would be easy to believe that Russia could withdraw from a number of contracts it has with the West. It…
According to Reuters, Lehman (LEH) is considering selling it Neuberger Berman asset management unit. Reuters writes that bail-out concerns pushed down stocks in Fannie Mae (FNM) and Freddie Mac (FRE). Reuters reports…
Even with oil prices well off of recent highs, these are still very much considered as above historical highs. The large integrated oil companies have experienced either declines or very small gains…
We noticed Verenium Corp. (NASDAQ: VRNM) over at our "price/volume spike" this morning and realized what the cause was. The company’s stock is gapping up significantly after announcing that it has secured…
Douglas A. McIntyre These are some of the top UPGRADES we are seeing from Wall Street analysts this Thursday morning: Applied Materials (NASDAQ: AMAT) Started as Buy at Banc of America. BP plc (NYSE: BP)…
According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown. Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion. Reuters reports that…
According to Rueters, Microsoft (MSFT) has proposed a partnership with Yahoo! (YHOO), in place of a buy-out, which may push Carl Icahn to try to get a deal for Yahoo! to set…
Apache Corp. (NYSE:APA) reported net income of $1.02 billion and $3.03 EPS for the first quarter of 2008, more than double same period results for 2007 of $492 million and $1.47 EPS.…
This morning we have some key earnings from the likes of National-Oilwell Varco (NYSE:NOV) and Hess Corporation (NYSE:HES), and it wouldn’t be fair to pint out the solar earnings competition from First…
These are not the only analyst calls affecting shares today, but these are ten of the calls that we are focusing on this Wednesday morning: Angiotech Pharmaceuticals (NASDAQ: ANPI) raised to Outperform…
Valero Energy Corp. (NYSE:VLO) has reported 2008 first quarter income of $261 million, or $0.48 EPS, compared with income of $1.1 billion and $1.77 EPS for the first quarter of 2007. After…
BP (BP) and Shell produced out-sized profits for the first quarter. BP earnings rose to $7.62 billion from $4.66 billion. Over at Shell the numbers were up to $9.08 billion from $7.28…
According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have asked for a delay of a Texas trial. Reuters reports that share…
