Media Digest 4/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…
According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…
Yesterday, there were a number of rumors in the press that Verizon Wireless (VZ) (VOD) was talking with Apple (AAPL) to get a franchise to sell the iPhone after AT&T’s (T) exclusivity…
Short selling is among the most controversial investment practices and has been blamed for sharp sell-offs in the stocks of a number of large companies, especially financial firms. Governments in both the US and…
Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the…
Google’s (GOOG) push in the US to sell handsets using its Android operating system is being hurt by the fact that its cellular partner is T-Mobile, a distant fourth in market share the America. Android is about…
These are among the top research calls and analyst upgrades and downgrades we have seen early this Friday morning with over two hours until the open: Amgen (AMGN) Raised to Outperform at…
Microsoft (MSFT) just released earnings that were mediocre but not any worse than was expected. It said that the balance of the calendar year would not be much better. In stating that,…
Microsoft (MSFT) posted EPS of $.33 in the first quarter compared with $.47 in the same period last year. The period, which is the fiscal third quarter for the company, saw revenue…
Microsoft Corp. (MSFT) will announce its highly awaited earnings after the close today. Analysts are expecting $0.39 EPS on $14.09 billion in revenues. That Thomson Reuters consensus number would compare to $0.47…
As the executives at Apple (AAPL) were passing around the Dom Perignon, their counterparts at other companies which design and manufacture smartphones were putting all sharp objects out of reach. In a…
Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close of trading today, and Microsoft Corporation (NASDAQ: MSFT) is set to report earnings after the market close tomorrow. What we…
According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US…
According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP)Â and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car…
Dell (DELL) has done a modest amount of what it could do to keep pace with its PC competition. It recently launched a high-end laptop, the Adamo, which mimics the look of…
The deal for Microsoft (MSFT) to take over the search business owned by Yahoo! (YHOO) and pay the portal company a share of the advertising revenue in the venture is looking worse…