These are the top earlybird analyst upgrades and positive research calls seen early this Monday morning: Abercrombie & Fitch (ANF) Raised to Outperform at FBR. Dolby Labs (DLB) Raised to Overweight at…
Google (GOOG) has a three-year deal to sell search advertising on News Corp’s (NWS) huge social network MySpace. The arrangement will soon be up for renewal. Google did not get a return…
Reuters: Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters: GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters: Citigroup (C)…
There is news out today that social networking leader Facebook has secured a $200 million financing from Digital Sky Technologies, an internet investment group with significant stakes in Eastern European and Russian…
The Russians are coming! The Russians are coming! Based on a report in The Wall Street Journal, Digital Sky Technologies, a Russian investment group wants to put $200 million into Facebook for…
When Rupert Murdoch’s News Corp (NWS) bought MySpace for $580 million, Wall St. viewed it as a brilliant move. Murdoch got one of the fastest-growing properties on the Internet and it was…
According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to…
Hulu, the large premium video site owned by GE’s (GE) NBC Universal, News Corp. and Providence Equity Partners, is growing faster than most analysts expected. According to comScore, Hulu had more than 380…
At one point, three or four years ago, for a major metropolitan newspaper to lose 4% or 5% of it daily circulation would have been considered bad news. For the six month…
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
Both Yahoo! (YHOO) and The New York Times Company (NYT) reported earnings for the first quarter and there was noticeable synchronicity between them. Yahoo!’s revenue dropped 13% to $1.58 billion and net…
The Detroit Free Press, one of the old city dailies, on the brink of extinction and in the shadow of the failing car industry, won a Pulitzer Prize for reporting. Last year,…
The business of having online sites with content created by amateurs to be viewed by other amateurs never had a reasonable chance of making money. The fact that at one point Facebook…
Over the last few weeks, the newspaper industry has entered a new period of decline. The parent of the papers in Philadelphia declared bankruptcy as did the Journal Register chain. The Rocky…
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 charges of…
