SABMiller makes a hostile bid for Foster’s Group. (Reuters) The Swiss National Bank says the franc is overvalued. (Reuters) News Corp. (NASDAQ: NWS) management under more pressure as a reporter says News…
Dell Inc. (NASDAQ: DELL) has just what appear to be solid earnings in its report, but the individual metrics are acting as a drag. The non-GAAP report was up 69% to $0.54…
Jon C. Ogg Dell Inc. (NASDAQ: DELL) is set to report earnings after the close and there is a problem outside of its fundamentals: its chart is in what we consider a technical no-man’s land. …
The coming week has many key earnings reports, some tech and some retail. We have tracked the major reports by day, shown Thomson Reuters estimates, as well as given price action, and…
We could be in for a bout of deja vu all over again. Last May, Intel Corp. (NASDAQ: INTC) announced a new microprocessor and a new trademark — Ultrabook — to carry…
Although stock buybacks have never been among our most preferred methods of returning capital to investors, stock repurchase plans can indicate to investors that a company’s management believes the ship is not…
Brocade Communications Systems, Inc. (NASDAQ: BRCD) has already been seeing severe weakness with the market downturn. In part it was because Dell Inc. (NASDAQ:DELL) appears to be no real acquirer of the…
Plans for a budget vote by Republicans in the House fell apart (Reuters) Moody’s threatened to downgrade Spain (Reuters) BSkyB will have a $1.6 billion share buyback (Reuters) S&P said the U.S.…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of…
The trend among short sellers for the last two months is that they gamble against shares in the weakest public companies. Perhaps they sense that an economic downturn or U.S. debt default…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. AMR Corporation (NYSE: AMR) Cut to Sell at Ticonderoga. Bank of…
IBM (NYSE: IBM) posted extraordinarily strong earnings for the quarter that ended June 30. The news caused the technology giant’s shares to slip after hours and then rise very slightly. The market’s…
Short sellers often invest in stocks that have had sharp short-term gains and may have reached peak valuations. That would put Netflix (NASDAQ: NFLX) on most of those lists, along with Sirius…
Are analysts on Wall Street becoming fortune tellers? Or are they trying to force deals for their investment banking departments? Actually, the answer may be “yes” to both questions. It is not…
Hewlett-Packard’s (NYSE: HPQ) new CEO Leo Apotheker can rearrange his management team as much as he likes. He can also push out his most talented executive, Ann Livermore, who has been at HP…
