According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring. Reuters writes that US banks may still need aid. Reuters writes that Morgan Stanley’s…
According to Reuters, some members of Congress were unhappy with Defense budget cuts. Reuters reports that Americans are more optimistic about the economy since Obama came into office, according to a New…
These are the top analyst downgrades and cautious calls we have seen from Wall Street analysts this Monday morning: American Tower (AMT) Cut to Sector Perform at RBC. AXA (AXA) Cut to…
According to The Wall Street Journal, large US companies held their R&D spending steady in the fourth quarter of last year even though in most cases their revenue fell. According to the…
According to Reuters, HSBC (HBC) has a successful rights offering to raise $18.9 billion. Reuters reports that a deal for IBM (IBM) to by Sun (JAVA) is near collapse. Reuters writes that…
It appears that IBM (IBM) may be walking out on its deal to buy Sun Microsystems, or could just be playing hardball to lower the price it is willing to pay. In…
According to Reuters, Congress passed the Obama budget Reuters reports that cautious optimism greeted plans from the G-20 summit. Reuters reports that banks are considering buying toxic assets sold by other banks.…
New product launches are always tricky events. This is definitely the case with new chips and new processors for computing. Intel Corp. (NASDAQ: INTC) did confirm its new chipset offering for processors…
IBM (IBM) will fire or is firing 5,000 US workers. The press has several reports describing how the functions of these people will be replaced. Workers in India will probably end up…
Douglas A. McIntyre Inevitably, when a corporate buyout is announced or rumored, the target company’s stock prices trades up to the level of the value of the deal. Last week, there was news that IBM…
Dell (DELL) has a problem, or a series of problems. Its share of the PC and server businesses is under pressure from IBM (IBM), HP (HPQ), IBM (IBM), Sun (JAVA), Hitachi, and…
A couple of month ago, India’s chief finance minister may have made calls to the heads of IBM (IBM) and several other large US tech companies to tell them that the huge…
According to Reuters, Obama may be stretched to thin. Reuters reports that AIG (AIG) executives in Europe are resisting returning bonuses. Reuters reports that Obama will begin to tighten the screws on…
Dell (DELL) keeps entering businesses where it might have an edge over competitors IBM (IBM) and HP (HPQ). So far, it has had little success in getting out in front of its…
According to Reuters, a number of AIG (AIG) employees gave back their bonuses. Reuters reports that economist Martin Feldstein said the recession may last well into 2010 and the government may have…
