According to Reuters, Chinese mining group Chinalco and Alcoa (AA) have bought 12% of Rio Tinto (RTP) setting up a potential bid against BHP Billiton (BHP). Reuters writes that Motorola (MOT) is…
Merck & Co. (NYSE: MRK) has just posted earnings that may be a relief to many who were worried about recent Vytorin woes affecting 2008 numbers. The company posted EPS of $0.80…
Douglas A. McIntyre We are over half-way through earnings season now, but we still have four DJIA components set to report earnings this week. We’ve also provided a link here to see which targets are…
These are not the only analyst calls impacting stocks pre-market, but these are the top calls that 247WallSt.com is focusing on:Caterpillar (NYSE: CAT) raised to Outperform at Bear Stearns.Eastman Chemical (NYSE: EMN)…
According to Reuters, gaps in controls at Societe Generale allowed a junior trader to make at $73 billion losing bet on European shares prices. Reuters writes that Countrywide’s (CFC) CEO will give…
Once Eliot Spitzer left his office as prosecutor to become governor of New York State many feared that there would be no one left to devil large corporations and Wall St. firms.…
Douglas A. McIntyre If a company like Merck (MRK) is going to overcome problems with a lot its drugs going "off patent" it is going to have to come up with some new ways to…
Douglas A. McIntyre According to Reuters, Capital One has warned that it will have lower than expected earnings. Reuters reports that Goldman Sachs (GS) sees a recession this year. Reuters reports that Tata (TTM) has…
We are updating our list of tier-one Defensive Stocks since so many of these stocks have run up and since lists need continual updating. Our originally updated list of tier one defensive…
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail sales were up a disappointing 3.6% for the holidays. Reuters reports that…
According to Reuters India’s Tata is about to close a deal to buy Jaguar and Rover from Ford (F). Reuters writes that the IMF says that the subprime mortgage problem will slow…
Early this week we are running a list of stocks that have been in a turnaround plan, yet the stocks and the businesses haven’t turned around. Could these be the stocks to…
According to Reuters, Citigroup (C) will take $49 billion of SIVs onto its balance sheet. Reuters writes that Nissan and Chrysler may begin to partner in building new cars Reuters reports that…
Merck (MRK) is not going to do as well as Wall St. had hoped next year. It guided to $3.28 to $3.38 earnings per share. A Reuters poll puts the number at…
Douglas A. McIntyre Allscripts (MDRX) traded down 25% after missing earnings estimates and after lower guidance for 2007 and 2008. American Tower (AMT) replacing Alltel (AT) in S&P. ARM Holdings plc (ARMHY) trading down about…