The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly GDP growth…
Internet security firm Palo Alto Networks Inc. (NYSE: PANW) this morning priced a secondary offering of 4.8 million shares at $63 a share, about 4% below last night’s closing price of $65.50.…
Morgan Stanley (NYSE: MS) is hardly moving after its third-quarter earnings report, but that may be because traders and investors have seen earnings from so many of its peers and rivals now.…
Jon C. Ogg 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…
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…
Crop-nutrient maker Yongye International Inc. (NASDAQ: YONG) has announced that a consortium led by the company’s chairman and CEO has made a preliminary, nonbinding offer of $6.60 a share in cash to…
Paul Ausick The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters) Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. (Reuters) The…
Updated throughout the day on the 24/7 Wall St. Wire: Qatar Airways will join the oneworld alliance of airlines, which allows members to share codes and traffic. British Air and American are…
Douglas A. McIntyre A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. AK Steel Holding Corp. (NYSE: AKS) cut to Sell at Citigroup. Atmel…
The three major U.S. stock indexes opened lower this morning following mostly weak reports on European PMI (more coverage here). The reading on U.S. PMI was unchanged from last month (more coverage…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Adobe Systems Inc. (NASDAQ: ADBE) raised to Outperform at RBC Capital Markets.…
Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
Chinese companies cut costs for items like safety features to bring down production costs. (Reuters) Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours.…
Updated throughout the day on the 24/7 Wall St. Wire: General Electric Co. (NYSE: GE) has retained Morgan Stanley (NYSE: MS) to review its $2.2 billion investment in Thailand-based Bank of Ayudhya. (Reuters)…