Sony (SNE) is in trouble, and it is very deep trouble. For the fiscal year ending March 31, the conglomerate lost more than $1 billion on $79 billion in revenue. Sales were…
These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street this Wednesday morning with more than two hours until the market opens: Alcatel-Lucent…
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors.…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will buy…
Hulu, the large premium video site owned by GE’s (GE) NBC Universal, News Corp. and Providence Equity Partners, is growing faster than most analysts expected. According to comScore, Hulu had more than 380…
According to Reuters, Ebay’s (EBAY) shares are cheap by many measures but investors are avoiding the company, while Amazon’s (AMZN) are so expensive that investors are concerned. Reuters reports that the SEC…
These are the top pre-market analyst downgrades and negative research calls we have seen from Wall Street early this Friday morning: Akamai Tech (AKAM) Cut to Hold at Citigroup. Bristol-Myers Squibb (BMY)…
Most of the recent news about Google (GOOG) has been bad. Online advertising posted a slow fourth quarter. That unexpectedly included both display ads and search marketing which has made Google one…
Walt Disney Co. (NYSE: DIS) is joining forces with Google Inc.’s (NASDAQ: GOOG) YouTube video-sharing site. Under the terms of the deal, YouTube will offer clips from Disney’s ESPN and ABC networks.…
According to Reuters, government talk of auto company bankruptcy may cause creditors and the UAW to renew talks with GM (GM) and Chrysler. Reuters reports that Obama is talking a hefty agenda…
According to Reuters, Madoff will plead guilty. Reuters reports that most consumers do not expect any recovery until 2010. Reuters reports that Bernanke says new management at AIG (AIG) has curbed costs.…
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports…
According to Reuters, the White House is finishing a bank rescue package , that involves investment by private equity. Reuters reports that a poll of analysts cut Q2 earnings forecasts. Reuters reports…
According to Reuters, Nissan forecast an annual loss. Reuters reports that the Treasury has delayed it bank bailout announcement. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) will channel new…
