Spain’s borrowing costs continued to be unsustainable a day after Moody’s downgraded 28 banks based there. The yield on three-month paper was 2.362%. It was 3.23% for six-month bonds. The rates were…
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion. (Reuters) Facebook…
Now that Scott Thompson is out as CEO of Yahoo! (NASDAQ: YHOO) and Ross Levinsohn is in as interim chief executive, the newly constituted board needs to keep its new leader. Levinsohn,…
24/7 Wall St. often looks at the key earnings reports scheduled for the week ahead. We have the bulk of the S&P 500 earnings behind us and we are now starting to…
Philp Falcone receives extensions from creditors owed money by his high-speed wireless company LightSquared. (Reuters) Social gifting is a growing part of e-commerce. (Reuters) Barron’s says Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) could join…
Citigroup (NYSE: C) losses an investor vote on executive compensation. (Reuters) Many experts say Spain cannot avoid a bailout. (Reuters) Nestle is close to a deal to buy Pfizer’s (NYSE: PFE) baby…
The heads of the BRIC nations say the pace of IMF-led reforms concerns them. (Reuters) Facebook cuts trading of its stock in the secondary markets. (Reuters) The board of Goldman Sachs (NYSE: GS)…
24/7 Wall St. has decided to calculate the total value of the Star Wars franchise ahead of the release of the 3D film “Star Wars: The Phantom Menace” and while its ‘Star…
We are entering into the last waves of the normalized quarterly earnings reports for companies with December 31 quarter-end dates, and we are entering the first waves of the earnings reports from…
There is one ETF which many investors have forgotten about (or never wanted to know about)… The PowerShares Dynamic Media (NYSE: PBS) shares aims to track the Dynamic Media Intellidex(SM) Index which…
The move to online television is growing rapidly and we have some food for thought ahead of a three-day weekend here after reflecting on the data that came out this week. Some will…
Stocks opened higher this morning and settled in around noon with positive readings on all three major indexes. The Chicago PMI report was down slightly from a month ago, but better than…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. The number of research calls is dropping significantly and this week…
Jon OggThese are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aetna Inc. (NYSE: AET) Raised to Conviction Buy List at Goldman Sachs. AMERIGROUP Corporation…
Short sellers moved out of stocks that have fallen recently. Perhaps they believe there will be a large rally in the market. There is little else to make the shares of companies…
