Private equity giant The Carlyle Group has announced that Lou Gerstner will retire as Chairman of Carlyle and will become a senior advisor to its buyout funds in the U.S., Europe, and…
Douglas A. McIntyre Ambac Financial (ABK) Cut To Underweight at JPMorgan. Ann Talor (AMM) Cut to Market Perform at FBR Bank of America (BAC) Cut to Neutral at UBS FEMSA (FMX) Cut to Equal Weight…
Sun Microsystems (JAVA) announced a $1 billion share buy-back. It was not much of a beard to put on its particularly poor earnings.
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but Exxon (XOM) missed its numbers. Reuters reported that stressed banks borrowed a…
VMWare (VMW) was the hot IPO of 2007. Its shares rose from $50 to $125 almost overnight. The run-up improved the fortunes of the stockholders of its majority shareholder EMC (EMC) and…
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of…
International Business Machines Corp.(NYSE: IBM), or IBM, just posted earnings of $1.98 EPS on $26.82 Billion in revenues. Estimates were $1.82 EPS on $25.92 Billion in revenues, according to First Call. The…
Douglas A. McIntyre IBM (NYSE: IBM) is set to report earnings after today’s close. Big Blue is expected to post $1.82 EPS on $25.92 Billion in revenues, according to First Call. It is expected to…
Douglas A. McIntyre Intel (NASDAQ:INTC) may have had a roaring quarter. Wall St. did not give it back much. The stock barely moved after hours. That is extraordinary given that Intel profits were up 25%…
The shares of Sun Microsystems (JAVA) have finally slipped into the briny deep. The stocked moved under $10. The last time JAVA was that low was in 2002. Back then it traded…
These are ten of the analyst calls we are focusing on this Monday morning in the early pre-market trading hours:Assured Guaranty Ltd. (NYSE: AGO) started as Buy at UBS.Broadcom (NASDAQ: BRCM) started…
The two largest online social networks are Facebook, which is a private company, and MySpace, which is owned by News Corp (NWS). MySpace has always been the larger property. Facebook was a…
With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America list. This…
IBM (IBM) is doing something important and will probably make money at it to boot. According to The Wall Street Journal, "Tokyo Ohka Kogyo Co. will work with IBM to develop processes…
Douglas A. McIntyre According to Reuters, AIG (AIG) fired its CEO and replaced him with the company’s chairman. Reuters reports that Carl Icahn says the Yahoo! (YHOO) deal with Google (GOOG) has merit. Reuters writes…
