Today’s issue of the “Closing Bell” is out early as we join many of you in an early start to the holiday weekend. Data in today’s report was compiled between 1 p.m.…
Stocks are up Friday, with the Dow Jones Industrial Average up 1.06%, the Nasdaq up 0.74% and the S&P 500 up 0.82%. Friday’s winners include a company beating second-quarter earnings and a…
247sam courtesy Facebook Inc.Shares of Facebook Inc. (NASDAQ: FB) put up another new post-IPO low today after analysts at BMO Capital Markets cut the social networking company’s target price from $25 to $15.…
Paul Ausick Twitter, which many investors consider a primary challenger to Facebook Inc. (NASDAQ: FB), will allow advertisers to target users based on their activity on the short message platform. Advertisers will be able…
Trey Thoelcke Bundesbank President to Resign The chief of Germany’s powerful central bank may step down. German newspaper Bild reports that German Bundesbank President Jens Weidmann will resign. The reason given is his battle with ECB President…
Douglas A. McIntyre ZyngaEmbattled online game firm Zynga (NASDAQ: ZNGA), its stock down over 80% this year, and its business prospects in question, lost two more senior executives today, according to Bloomberg: Zynga Inc. vice presidents Bill…
Douglas A. McIntyre Moody’s cuts its growth forecast for emerging economies. (MarketWatch) Antony Jenkins, who runs Barclays PLC’s (NYSE: BCS) retail business, is made chief executive. (Reuters) Samsung launches new Microsoft Corp. (NASDAQ: MSFT) Windows-based…
Whether or not Yelp Inc. (NYSE: YELP) should be considered a social media company is something we will leave up to you. What it has in common is simple: a huge lockup…
Jon C. Ogg Social media company Yelp Inc. (NYSE: YELP) has been a success story since its IPO in March. The shares went out at $15 and more than doubled to near $32 before beginning…
Paul Ausick In our report on short interest in casino stocks, we noted a drop in short interest at one company that makes gaming machines, International Game Technology (NYSE: IGT). In addition to slot…
Paul Ausick The short interest in the actively traded cult stocks and low-priced shares is often highly volatile. We tracked some rather large moves up and down in this group for the August 15 settlement…
The short interest in the stocks with the largest positions as of August 15: Bank of America Corp. (NYSE: BAC) down 2% to 220 million shares. Nokia Corp. (NYSE: NOK) up…
We’ve noted already this morning that Groupon Inc. (NASDAQ: GRPN) has replaced its head of national sales. And a report from Bloomberg notes the departure of four executives from social game maker…
Paul Ausick ZyngaSome of the top executives who left Web 2.0 companies recently went voluntarily, based on media reports. Others did not. Either way, several of these crippled corporations have to replace people who…
Douglas A. McIntyre TAPP Group, a financial industry research group, tried to measure the effects on professional investors of recent fiascos in the stock market. TAPP asked institutional investors about their confidence in the structure of these markets,…
Douglas A. McIntyre 