This coming week will be the launch of earnings season. After the week is up, there will have been five of the thirty DJIA stocks reporting earnings. The big earnings on deck…
Maybe the markets felt directionless for most of Friday ahead of earnings season, but the trading action of this week might make some wonder if a Double-Dip Recession is less likely. The…
Reuters: The US did not name China a currency manipulator. Reuters: Most money managers don’t believe the U.S. is in a double-dip recession — yet. Reuters: The IMF said housing and unemployment…
Second quarter earnings are set, at least for those firms on a calendar year. The period was fairly strong economically, except perhaps for June. That means that some earnings could come in…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
GE (NYSE: GE) CEO Jeff Immelt, speaking at a business gathering in Italy savaged China and President Obama. In an unusual move, GE said that Immelt’s comments did not reflect the views…
Reuters: Maria Cantwell (D-WA) will support the Senate financial reform bill, giving Democrats a boost. Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth. Reuters: …
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face…
Restructuring never ends in many large corporations. After a week’s worth of reading through dozens of corporate deals in the pipeline and analyzing others which could be close, it seems that many…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Reuters: The yuan rose after China’s flexibility announcement. Reuters: The amount of the Gulf spill could be up to 100,000 barrels a day. Reuters: The government has no easy way out if…
Alternative energy is continuing to win new deals. A123 Systems Inc. (NASDAQ: AONE) will provide lithium-ion battery systems for electric vehicles. The award is from a Navistar International Corp. (NYSE: NAV) joint…
Media companies and investors are treating the broadcast television businesses as if they had the plague. There are rumors that Walt Disney Co. (NYSE: DIS) wants to dump ABC and that General…
