Markets in Asia were lower. The Nikkei dropped .3% to 10,142. The Hang Seng fell .7% to 21,193. HSBC (NYSE:HBC) was off sharply. The Shanghai Composite was down 2.1% to 3,113. At…
Douglas A. McIntyre Oracle Corp. (NASDAQ: ORCL) has posted its earnings at $0.29 EPS on a GAAP basis, but $0.39 EPS on a non-GAAP basis. Revenues were $5.86 billion for the quarter. Thomson Reuters had…
M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began to make…
Microsoft (NASDAQ:MSFT) CEO Steve Ballmer told attendees at the company’s annual shareholder meeting that Windows 7 sales were astonishingly high. According to a Wall Street Journal account of the gathering, “Microsoft Corp. has…
Reuters:Â Â The Nielsen survey shows consumer confidence up in the US for the first time since 2007. Reuters:Â Â Obama’s financial reforms are advancing in Congress. Reuters:Â Â The pay czar said his authority…
These are this Thursday morning’s top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls: Chesapeake Energy (NYSE: CHK) Cut to Neutral at UBS. EOG Resources (NYSE:…
Markets in Asia were sharply higher. The Nikkei rose 1.7% to 10,444. The Hang Seng was up 2.4% to 21,918. The Shanghai Composite rose 2% to 3,060. At the open in Europe,…
Several consulting firms post annual figures for the world’s most valuable brands. The two best known are probably the Interbrand and BrandZ surveys. They are notably different, up until now at least.…
These are the top upgrades, downgrades, and new coverage calls from Wall Street analysts in technology and telecom this Thursday morning: Akamai Technologies (NASDAQ: AKAM) Cut to Hold at Jefferies; Cut to…
These are the top ten pre-market analyst upgrades, downgrades, and initiations we have seen from Wall Street analysts this Wednesday morning with about two and a half hours until the market opens:…
Markets in Asia were higher. The Nikkei was up .4% to 9,590. The Hang Seng rose 2% to 17,871. The Shanghai Composite was up 1% to 2,922. At the open in Europe,…
Reuters:  Airlines are cutting back on first class seating. Reuters:  Xstrata wants merger talks with mining rival Anglo American. Reuters:  Employers are cutting 401 (K) plans. Reuters:  Brand loyalty is being hurt by…
Microsoft (MSFT) said it plans to make its first bond offering to raise an expected $3.75 billion. The move is extremely odd since the world’s largest software company has $25 billion and…
According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will probably sell…
According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
