According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will…
Michael Dell, CEO of Dell (DELL) predicted that 2008 would be a prosperous and profitable year for the company, even in the teeth of a recession. According to Reuters, the company will…
The market for desktop PCs and notebooks gets more competitive by the day. Just ask Michael Dell of Dell (DELL). He has cut more people and plans to shut a facility in…
One topic we cover at 247WallSt.com with regularity is share buybacks from major companies. While we are starting to see a slower pace in fresh buyback announcements compared to 2006 and 2007,…
These are not the only analyst calls impacting stocks, but these are the top analyst calls that 247WallSt.com is focusing on this Friday in pre-market trading: Allegheny Tech (NYSE: ATI) cut to…
According to Reuters, US car sales for March are likely to be off sharply. Reuters writes that Microsoft (MSFT) will not raise its bid for Yahoo! (YHOO) Reuters reports that UBS (UBS)…
Dell Inc. (NASDAQ: DELL) has announced additional actions in its previous restructuring in its attempt to smooth its operating model, rationalize its operations and improve profitability and cash flow. In short, costs…
The hopes in 2007 were that the upgrade cycle in PC’s was going to last in 2008 and into 2009 and beyond. After all, only a fraction of PC’s in the U.S.…
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a…
Dell (DELL) announced that it will buy $23 billion of components in China this year, up 28% from last year. None other than Michael Dell himself said "China is one of the…
According to Reuters, the war between Northrop Grumman (NOC) and Boeing (BA) is now going on in Congress and the public. Reuters says Dell (DELL) will buy $23 billion of components in…
If research firm NPD Group is to be believed, the Apple (NASDAQ: AAPL) Mac had 14% of PC sales in the US in February and 25% of the revenue share. According to…
For those intrepid enough to go into the market today, there are some stocks that are down under 1%. Some are even up slightly. A shopping list for the insane: Micrsoft (NASDAQ:MSFT),…
According to NASDAQ figures on short selling on February 29, share sold short in tech companies dropped sharply, an indication that investors are not willing to bet that stocks in the companies…
Several brands which were extremely powerful during the last few decades are about to disappear. Many of them no longer drive big sales. Some are a part of companies that are in…
