According to Reuters, Lehman (LEH) will release earnings a week early after its stock dropped 45%. Reuters reports that OPEC agreed to a surprise production cut. Reuters reports that CFOs are more…
Electronic Arts Inc (NASDAQ:ERTS) has confirmed the release of the Harry Potter video game, although this might not be good as you’d think for a "feed me now" attitude on Wall Street. …
Douglas A. McIntyre It turns out that display advertising on the internet is becoming less popular with most marketers. They are turning to search text ads instead. This is probably not news to anyone in…
These are some of the top analyst downgrades and negative calls we are seeing this Wednesday morning: Adolor (ADLR) Cut to Neutral at Piper Jaffray. Allscripts (MDRX) Cut to Neutral at Piper…
Microsoft (MSFT) has not been able to home grow its own online business so it has decided to buy the solution a piece at a time. Yahoo! (YHOO) was supposed to be…
According to Reuters, Warren Buffett and the head of Blackstone (BX) called for a solution to the govenment’s growing debt load and reliance of foreign investors to finance US borrowing. Reuters reports…
Whenever analysts say "content is king," people often visualize Mel Brooks in "History of the World Part 1" shouting "it’s good to be the king." A more accurate picture is Shakespeare’s tragic…
According to Reuters, Freddie Mac (FRE) now has a negative net worth which means some investors think it should trade close to zero. Reuters writes that AIG (AIG) posted a huge loss…
According to Reuters, the Fed will sit tight on rates as oil prices moderate. Reuters writes that Verizon (VZ) labor talks have continued past their dealine. Reuters reports that Chrysler renewed its…
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
According to Reuters, Roche has offered to buy-out Genentech (DNA) for $42.7 billion. Retuers reports that one of Yahoo!’s (YHOO) activist investors has called for a compromise which would put some of…
Executives at Time Warner (TWX) can enjoy their time this summer at their mansions and on their yachts. The company’s Warner studio’s latest film, "Dark Knight", part of the Batman series, has…
Douglas A. McIntyre Carl Icahn never really made much of a case for what he would do if he could not sell all or part of Yahoo! (YHOO) to Microsoft (MSFT). He wanted Yahoo! shareholder…
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of…
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15…