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…
Chiquita Brands (NYSE: CQB) was sued for supporting dangerous para-military groups in Columbia in 2007. The EU began what is likely to be a vigorous examination of the Western Digital (NYSE: WDC)…
Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
This is the Twitter-24/7 Wall St. market report for May 27, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the…
G8 leaders will met and will probably focus on the IMF and upheaval in Africa and the Middle East (Reuters) Hedge fund manager David Einhorn wants Steve Ballmer replaced as CEO of…
Today’s alternative energy news leads off with the exceedingly lackluster earnings report from the world’s largest producer of solar modules. We’ve also got more items on solar and wind power, plus an…
The May 13 , 2011 short interest data is now out and there were some significant changes in many of NASDAQ’s high-priced leaders. Some short selling went up and some went way…
