According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports that exports from Japan dropped sharply. Reuters writes that Sony (SNE) warned…
Wall St. had low expectations for Ebay’s (EBAY) fourth quarter. For the period Ebay is expected to report earnings of $.39 a share on revenue of $2.1 billion, according to consensus estimates…
Douglas A. McIntyre Online auction leader eBay Inc. (NASDAQ: EBAY) is set to report earnings after the close of trading. The consensus estimates from Thomson Reuters (First Call) are $0.39 EPS on $2.12 billion in…
Douglas A. McIntyre If you are not familiar with the name Kingdom Holding Co., you may know its owner by the name of Prince Alwaleed bin Talal. He has been a very visible investor in…
This week is the launch of earnings season, and we have outlined the companies which we believe will have the largest impact on their sector or on the overall market. Johnson &…
These are most of the general analyst calls we have seen with downgrades or negative implications this Wednesday morning in the early pre-market trading hours: Allscripts-Misys (NASDAQ: MDRX) Cut to Neutral at…
The great promise of the online commerce industry has been that it would grow at a rate faster than bricks-and-mortar retailers, and that this advantage might go on for years. E-commerce makes…
Douglas A. McIntyre According to Reuters, a survey of 22 countries show three-quarters of households cutting spending and a sharp drop of confidence in emerging economies. Reuters writes that the US sold record debt and…
These are some of the top pre-market analyst upgrades and downgrades we have seen from Wall Street this Friday morning with more than two hours until the market opens: Brookdale Senior Living…
No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the…
According to Reuters, falling interest rates will not offset unemployment and falling prices to save to housing market. Reuters reports that GM (GM) and Chrysler are considering bankruptcy to get US funding.…
Some figures picked up in the media from research house ShopperTrak showed retail sales on Black Friday up 3%, which was much better than the most gloomy forecasts. The level of consumer…
GM (GM) plunges on concerns about Chapter 11. Falls to $3.02 from 52-week high of $32.80. Citigroup (C) get caught in fears that big financials will have to raise more money. Sells…
These are some of the top analyst upgrades and downgrades we are seeing from Wall Street analysts this Thursday morning: Anadarko Petroleum (APC) Raised to Buy at Jefferies. ATP Oil & Gas…
According to Reuters, Swiss banks are getting large amounts of capital to fight the global credit crisis. Reuters reports that AIG (AIG) is lobbying to loosen government oversight rules. Reuters reports that…
