It was twenty-five years ago today that the 1987 stock market crash came. Fortunes were lost on that day, but fortunes were also made in the aftermath. The NYSE was said to…
The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
Internet security providers Check Point Software Technologies Ltd. (NASDAQ: CHKP) and Fortinet Inc. (NASDAQ: FTNT) both reported weaker than expected results for the third quarter and both lowered fourth quarter forecasts. Another…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday. ADT Corp. (NYSE: ADT) started as Outperform with $45 target…
Analysts continue to sift through the earnings reports from International Business Machines Corp. (NYSE: IBM) and Intel Corp. (NASDAQ: INTC). Each released relatively weak results for the most recent quarter. The fates…
Spain on the Cusp Spain is on the cusp of something, but no one seems to know for sure what it is. The country received good news from Moody’s that kept Spain’s…
In the long history of poor management decisions made at major American companies, only a few proved to be fatal. It is hard to ruin a company with a single decision. That…
Apple Inc. (NASDAQ: AAPL) supplier Foxconn says an underage worker was used at one of its facilities. (Reuters) Intel Corp.’s (NASDAQ: INTC) earnings raise more concern about PC sales. (Reuters) A fight…
International Business Machines Corp. (NYSE: IBM) has recovered handily from its lows since the last earnings report as it is now effectively all under control of new CEO Virginia Rometty now that Sam…
Jon C. Ogg The three major U.S. stock indexes opened higher this morning following a report that economic sentiment in Germany came in better than expected (more coverage here) and that U.K. inflation was lower…
The three major U.S. stock indexes opened higher this morning, aided by a better-than-expected report on U.S. retail sales and a smaller-than-expected rise in the Empire State manufacturing survey (more coverage here).…
Tuesday will bring earnings reports from five different DJIA components. There are not many days where one-fifth a major index report earnings. In the early morning hours we will get earnings reports…
There is an emerging body of opinion that if the Hewlett-Packard Co. (NYSE: HPQ) board had not fired former CEO Mark Hurd then the company would have avoided the operational problems that have…
U.S. attempts to probe illegal activity at HSBC Holdings PLC (NYSE: HBC) are set back by interagency battles. (Reuters) Yahoo! Inc. (NASDAQ: YHOO) names a new chief financial officer. (Reuters) The British Bankers’ Association probably…
It was big news when International Business Machine Corp. (NYSE: IBM) first reported that Virginia Rometty would take over as chief executive officer. It was not just that CEO Sam Palmisano was a…
