Halliburton coverage moved negative after courts approved a class action suit by shareholders. GE and Capital One were hurt because of plans to buy ING Direct. An Airbus move to increase competition…
Apple (NASDAQ: AAPL) announced its new iCloud multimedia storage system and a new version of its OS called Lion. Nothing was said about updated versions of the iPad or iPhone at Apple’s…
Think the Internet is big now? You ain’t seen nothing yet. A recent report from Cisco Systems Inc. has some astounding predictions, including one that global Internet traffic will rise 4-fold from…
Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing at a rate of about 100% a year. HTC will ship 60…
Goldman Sachs (NYSE: GS) may release papers to investigators that show its trading behavior at the start of the credit crisis used flawed math and that the bank did not violate regulations.…
The Chinese government has attacked Google (NASDAQ: GOOG) over its allegations that hackers within the People’s Republic recently compromised Gmail accounts. China’s People’s Daily reported that Google’s comments have “become obstacles for…
There is a game of chicken between social networks and the stock market. Each new IPO raises more questions about valuations. Those questions may bring more skepticism from investors. The big social…
Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in…
Groupon, Inc. has just filed for an initial public offering. No terms were disclosed other than that the sale is for up to $750 million in common stock. The company plans to…
May retail sales may be hurt by a weakened economy. (Reuters) Some Fed officials believe that poor jobs results should cause interest rates to stay low. (Reuters) An academic models shows LinkedIn…
Some portions of the population of the People’s Republic cannot help themselves. Google’s Gmail system is broken into with greater and greater frequency. The most serious battle was in early 2010 when…
Douglas A. McIntyre Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Altria Group, Inc. (NYSE: MO) Reiterated Buy and Raised target to…
The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
Nokia (NYSE: NOK) chairman Jorma Ollila really should not be on the 24/7 Wall St. America’s Worst Directors List. Nokia is based in Finland, but it is traded on the NYSE and…
Over the last week, 24/7 Wall St. has been working on two different pieces about Nokia Corporation (NYSE: NOK) and Research-in-Motion Ltd. (NASDAQ: RIMM). Nokia was “Nokia’s No Way Out Scenario” and…
