The age in which first class letters could be delivered in one day is over. The US Postal Services, facing huge deficits and a multi-billion pension liability, will save costs by setting…
Corporations can spend hundreds of million dollars just so they can put their name on a major league sports stadiums. 24/7 Wall St. looked that the 13 largest stadium-naming rights deals and…
There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the government to…
The economy remains in a climate with a very weak recovery. There is still some good news though. All of the recent calls for a “double dip recession” grew too loud and are now being…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
FedEx Corp. (NYSE: FDX) expects to handle more than 260 million packages during the coming holiday season. That’s a 12% increase from a year ago, and to cope with the flood the…
Apple Inc. (NASDAQ: AAPL) is often considered the king of stocks. Even after the death of Steve Jobs, Apple remains the most valuable company by market cap and shares recently made it…
Today’s ratings news leads off with the downgrade by Moody’s of six Greek banks, including National Bank of Greece (NYSE: NBG). All six were lowered from ‘B3’ to ‘Caa2’. Anyone who is…
Stamps.com Inc. (NASDAQ: STMP) is not just up in the double-digit percentage gains today. The company hit a 52-week high. Actually, this is a high going back to 2006. The company is…
Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that their employees lose hope. This may be due to the fact that…
The coming week is going to feel like a mini earnings season. We have many sector leaders reporting earnings and the fallout (or benefits) could be widespread. On deck are key earnings…
The U.S. Postal Service is proposing “sweeping changes” to how the mail system works in America. Some is good, and some is not enough. The aim is to save up to $3…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Agrium Inc. (NYSE: AGU) Raised to Neutral at Goldman Sachs.…
Just a few months before Air India merged with Indian Air in early 2007, each carrier placed significant orders with Boeing Co. (NYSE: BA) and Airbus maker European Aeronautic Defense & Space…
Facebook’s first half revenue doubles from a year ago. (Reuters) Fitch warns about downgrades of China and Japan. (Reuters) Department of Defense officials warn of cuts in the sum the government pays…
