Media Digest 2/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay.…
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay.…
Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24. Idearc (IAR) New CEO appointed after weak earnings. Not much…
These are not the only analyst calls today, but these are the top ten analyst calls that 247WallSt.com is looking at in early pre-market trading: Ahold (NYSE: AHO) raised to Overweight at…
If muni-bond insurers like Amback (NYSE: ABK) and MBIA (NYSE:MBI) are forced to break into two pieces, some banks could be badly hurt. The halving of the firms would leave the muni…
An analysis out of Citigroup says that UBS (UBS) could be forced to write-down $18 billion more of its $80 billion in exposure to subprime instruments and other debt which it holds…
According to Reuters, Citigroup says UBS (UBS) may face another $18 billion in write-downs this year. Reuters writes that Alan Greenspan says the US is on the edge of recession. Reuters writes…
UBS Ag (UBS) Swiss bank gets pounded on big write-off. Drops to $33.60 from 52-week high of $66.26. Blackstone (BX) Today is CEO Steve Schwarzman’s birthday. Happy birthday, Steve. Shares slide to…
Below are the top 10 pre-market analyst we are looking at this Thursday morning: American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), and SBA Communications (NASDAQ: SBAC) all initiated as BUY at…
UBS (UBS) had an awful quarter. The Swiss financial firm reported a fourth-quarter loss of 12.45 billion Swiss francs ($11.3 billion), compared with profit of 3.41 billion francs in the year-earlier period.…
According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy…
American International Group (NYSE: AIG) Warns about more potentia write-offs and bad financial controls. Falls to $44.52 from 52-week high of $72.97. PNM Res (NYSE: PNM) Numbers miss Wall St. estimates. Drops…
Idearc (NYSE: IAR) Sell off from bad earnings continues. Falls to $8.55 from 52-week high of $38. R H Donnelley (NYSE: RHD) Shares downgraded. Sells off to $17.33 from 52-week high of…
As the selling of bank shares has fallen off, Wall St. has begun to believe that the worst of the global banking crisis is in the rear view mirror. Not likely. If…
According to Reuters, the Fed is set to cut rates again to avoid a recession. Reuters writes that UBS (UBS) subprime losses increased driving the bank further into the red. Reuters reports…
According to Reuters, Singapore says that it has no interest in controlling UBS (UBS) in which it has made a large investment Reuters writes that IBM (IBM) is in talks to buy…