James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
The deification of Apple (NASDAQ: AAPL) founder Steve Jobs continued at the D: All Things Digital conference. Oracle (NASDAQ: ORCL) CEO Larry Ellison, nearly a god himself in Silicon Valley, compared Jobs…
For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ZNGA) rose…
Many members of the EU want Greece to remain a member but have begun to prepare for its departure. (Reuters) Hewlett-Packard (NYSE: HPQ) posts better-than-expected earnings and says it will fire 27,000…
Even the whittled down version of the patent infringement lawsuit that Oracle Corp. (NASDAQ: ORCL) brought against Google Inc. (NASDAQ: GOOG) didn’t pass a San Francisco jury today. The federal jury’s verdict…
If you recall the term B2B, you are going back a decade and then some as far as internet companies. Ariba, Inc. (NASDAQ: ARBA) was one of the key business-to-business platform builders. …
Hewlett-Packard (NYSE: HPQ) has plans to lay off as many as 30,000 people soon. By some estimates that is 8% of its workforce. HP’s CEO Meg Whitman needs to show that she…
The major US stock indexes opened significantly higher this morning as investors were heartened by yesterday’s nationalization of Spain’s Bankia. The Bank of England also keps rates and asset purchases stable. This…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. ARM Holdings PLC (NASDAQ: ARMH) Raised to Market Perform at Bernstein. Big Lots…
Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings after the close of trading on Wednesday. We have already signaled that Cisco could hold the key to how technology shares are…
Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings on Wednesday after the closing bell. While we usually cringe when analysts and media pundits say this about a single report, the…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent…
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
