According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
These are some of the many pre-market downgrades and negative calls we have seen from Wall Street analysts this Friday morning:Allstate (ALL) Cut to Underweight at JPMorgan.AstraZeneca (AZN) Cut to Hold at…
Video Display Corp (VIDE) may be sending a false signal on big volume. Read more. Sepracor (SEPR) is moving up sharply on substantial volume. Details. Qualcomm (QCOM) is getting hammered on poor…
Douglas A. McIntyre According to Reuters, Nasdaq will turn to Asia for much of its future growth Reuters reports that the new bank bailout could cost as much as $2 trillion. Reuters writes that the…
Qualcomm Inc. (NASDAQ: QCOM) reported earnings of $0.31 in pro forma non-GAAP EPS and $2.52 billion in revenue. Thomson Reuters (First Call) had estimates of $0.47 EPS and $2.42 billion in revenue. …
Douglas A. McIntyre According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco…
Collins Stewart has initiated coverage on several key technology stocks this morning. The boutique firm has come out positive on Apple Inc. (NASDAQ: AAPL) and on Qualcomm (NASDAQ: QCOM), and a little…
The Chinese government has finally set up a system to bring fast wireless 3G service to its citizens. In a country where handsets are used the way that many people in the…
Douglas A. McIntyre Siemens (SI) will pay the US an $800 million fine to settle a bribery case. That may not seem like a lot side-by-side with the Paulson plan, but if the federal government…
Douglas A. McIntyre There are few positive calls this morning from Wall Street analysts, but these are the ones we have caught this morning: Alcatel-Lucent (ALU) Raised to Sector Perform at RBC. ASUR (ASR) Raised…
Rick’s Cabaret (RICK) may be in a business which many investors disapprove of. It runs strip clubs. Nonetheless, the stock is soaring today. Another vice stock, Wynn (WYNN) is trading heavy on…
It may be a way to make money, but it could also change the dynamics of how tens of millions of people get information about the outside world. Qualcomm (QCOM) announced a…
Douglas A. McIntyre Motorola (MOT) is a first class example of what Ivy League business school professors do not want their students to know. It might frighten the horses. At some companies, there is no…
Douglas A. McIntyre According to Reuters, the government is set to announced the country’s tenth straight month of jobs losses. Reuters reports that Chrysler is burning through it cash quickly and the company may have…