Updated throughout the day. 11:45 AM EST: Motorola Inc. (NYSE: MOT) may seek to sell its Home & Networking division for about $4.5 billion according to WSJ. -Jon Ogg American Air (NYSE:AMR)…
Short sellers have bought into the notion that the financial industry is in full recovery. Shares sold short in Wells Fargo (NYSE:WFC) fell 8% to 78.8 million shares. Shares short in CIT…
The recovery is on and mergers are happening, yet the technology sector has been slow to make deals. Despite some deals already having taken place from the technology giants and that $260…
Updated throughout the day. Update 2.52 PM EST: The antitrust disagreement between Intel (NASDAQ:INTC) and AMD (NYSE:AMD) may be resolved by a private settlement (MarketWatch) Updated 12.23 PM EST: Motorola (NYSE:MOT) may…
Electronic Arts (NASDAQ:ERTS) did something today that is almost never seen in the corporate world. It made a big acquisition and fired 1,500 of its workers, 17% of the total staff, on…
Douglas A. McIntyre Updated throughout the day. Updated at 11.49 AM EST: Reynolds Americam (NYSE:RAI) may buy Niconovum, a Swedish maker of nicotine gum and mouth sprays (Boomberg) Updated at 10.12 AM EST: Wells Fargo…
Updated throughout the day. The New York Yankee victory in the World Series could help stock prices (various) Oracle (NASDAQ:ORCL) could drop its deal to buy Sun (NASDAQ:JAVA) in the face of…
Reuters: Toyota (NYSE:TM) returned to a profit. Reuters: The Fed will keep rates near zero for an extended period. Reuters: Cisco (NASDAQ:CSCO) beat forecasts. Reuters: Gold is near $1,100.
There may have been a time when Intel (NASDAQ:INTC) wanted to be the next Microsoft (NASDAQ:MSFT), at least in terms of earnings, market cap, and share of market. It has, in essence,…
These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning: Apollo Commercial Real Estate (NYSE: ARI) Started as Overweight at Barclays;…
The SEC missed a number of signals in the Bernie Madoff case. Some concerns were raised by his clients and Barron’s years before he was caught. It seems that a similar pattern holds…
Reuters: The US economy is stable but risks remain according to Geithner. Reuters: JPMorgan (NYSE:JPM) raised concerns about Galleon in 2001. Reuters: As many as five million Americans have been infected with…
These are the top ten analyst calls for upgrades, downgrades, and initiations we have seen early this Tuesday morning from Wall Street: Cabot Oil & Gas (NYSE: COG) Raised to Overweight at…
Short interest in a number of major financial firms rose for the period ending October 15. Shares short in Citigroup (NYSE:C) rose 51% to 178.1 million. The short interest in CIT (NYSE:CIT)…
Reuters: Apple (NASDAQ:AAPL) beat earnings forecasts. Reuters: The IRS is probing some homebuyers’ tax credit gains. Reuters: The US is ready to bring more insider trading cases. Reuters: More US companies are…