According to Reuters, regulators around the world are trying to shore up the banking system. Reuters reports that the Fed is trying to broker a deal for whether Citigroup (C) or Wells…
Updated: 31 October 2008 Not all companies and industries will be hit equally hard by the consumer credit crisis. Operations such as Procter & Gamble (PG), McDonald’s (MCD), and Wal-Mart (WMT) may…
According to Reuters, a Senate plan to vote on the bailout package pushed US markets up. Reuters reports that the FDIC would like to increase the value of the accounts it insures.…
According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments. Reuters writes that the National Retail Federation says that this will be…
According to Reuters, T Boone Pickens is seeking an "army" of business leaders and citizens to back alternative energy. Reuters reports that Starbucks (SBUX) posted if first loss as a public company…
After today’s close, we’ll get to see earnings out of the Mouse House from Walt Disney Co. (NYSE: DIS). First Call has estimates of $0.61 EPS on $9.14 Billion in revenues for…
Douglas A. McIntyre Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15…
These are ten of the analyst calls with upgrades and downgrades we are focusing on this Monday morning in pre-market trading: Acme Packet (NASDAQ: APKT) cut to Underweight at JPMorgan; cut to…
According to Reuters, the Fed is seen as holding rates on fears of inflation. Reuters writes that the CEO of Nissan is bracing for the worst in the US. Reuters writes that…
Disney (DIS) has recruited another clueless child, whose parents are undoubtedly surfeited with the idea of becoming multimillionaires, to be its next multimedia star. The new member of Disney’s stable is Demi…
Douglas A. McIntyre Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev. According to Reuters, economists think the PPI will rise 1%. Reuters writes that…
It is almost impossible to imagine what the CBS (CBS) management and board were thinking when they bought CNET (CNET) for $11.50 a share or $1.8 billion. CNET has done so poorly…
Disney (NYSE: DIS) certainly did well in the first quarter. Walt Disney himself would have been proud. Revenue at the entertainment company moved up 10% to $8.71 billion. EPS rose 35% to…
Douglas A. McIntyre According to Reuters, Cisco (CSCO) has a good quarter but was cautious about the future. Reuters reports that Sprint (S) and Clearwire (CLWR) will announced a $12 billion project for national broadband…