Gasoline prices are likely to plunge. The same economic concerns that have prompted a massive sell-off in equities have also driven down the price of crude. It has retreated to $83 from…
We have another very busy earnings week ahead for the second quarter reporting season. Some are DJIA components and some are sector-movers or market-movers. We are tracking earnings and giving previews for…
AMR Corp. (NYSE: AMR), parent of US carrier American Airlines, has reversed a 15-year single-source purchasing program with Boeing Co. (NYSE: BA) and decided to split an order for 460 planes between…
Very few people consider the financial ramifications of Memorial Day Weekend as one of the top financial events of the year when it comes to the travel and hospitality industries. This is…
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in…
Crude oil is already the most volatile of all economic factors for airlines and their earnings. Last week we saw oil drop from $110 to under $100 in very short order and…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Abercrombie & Fitch Co. (NYSE: ANF) Cut to Neutral at Susquehanna.…
If the great magician Harry Houdini were alive today, the one thing he could never escape from would be inflation. It affects the rich and the poor — though of course to…
A review of data from the damaged Southwest Air (NYSE: LUV) 737 raised questions about Boeing’s (NYSE: BA) manufacturing process. (Reuters) Sony (NYSE: SNE) has begun to market a tablet PC. (Reuters)…
W. James McNerney, Jr., Boeing’s (NYSE: BA) Chairman and CEO, has hung onto his job since July 2005. The company’s flagship Dreamliner has been delayed at least a half a dozen times…
Next week may be short because of a holiday, but it is going to be a very busy week for earnings. We have tried to narrow the field down to the very…
First Solar (NASDAQ: FLSR) fell 7% on concerns that the US government’s financial support of renewable energy will falter. The federal government’s move toward austerity makes it likely that this threat to earnings and…
The ECB is likely to raise rates and more may come this year (Reuters) Portugal sought aid from the EU as its ability to raise money faltered (Reuters) A top M&A lawyer…
Southwest Airlines Co. (NYSE: LUV) has taken a bit of a blow to its safety reputation after this last weekend. A few hundred flight cancellations are one thing, but a hole ripping…
Jon C. Ogg Note: The Flame Index scans thousands of news sites 24 hours per day and ranks companies getting the most negative press right now. The Flame Index Media Analysis Algorithm crunches the data…
