The country’s second-largest package delivery firm, FedEx Corp. (NYSE: FDX) has revealed that it is in discussions to acquire French express company TATEX. The French firm carriers about 19 million packages annually…
Markets opened lower this morning and nothing came along all day to move any of the three major indexes above the neutral line. The morning’s report on housing starts was no better…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Adobe Systems Inc. (NASDAQ: ADBE) Raised to Sector Perform at RBC. Airgas…
Markets opened slightly lower this morning as everyone seemed to be waiting for the announcement from Apple Inc. (NASDAQ: AAPL) regarding its $97 billion cash pile (our coverage here). Financial sector stocks…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Arch Coal Inc. (NYSE: ACI) Cut to Sell at Goldman Sachs. Caesars Entertainment Corporation…
United Parcel Service (NYSE: UPS) will take over TNT Express for $6.85 billion. (Reuters) Apple (NASDAQ: AAPL) to announce plans for its $100 billion in cash. (Reuters) Dell (NASDAQ: DELL) says it…
UPS (NYSE: UPS) has been stalking European delivery service firm TNT Express for several weeks. It now appears they have a buyout deal, according to The Wall Street Journal WSJ reports that…
Douglas A. McIntyre US package delivery giant United Parcel Service Inc. (NYSE: UPS) is rumored to be near an agreement to acquire Europe’s second-largest delivery service, Dutch-listed TNT N.V. (OTC: TNTEY) for more than $6.5…
Paul Ausick Netflix (NASDAQ: NFLX) talks with cable companies about adding its services to their channels. (Reuters) The Institute of International Finance pressures Greek bondholders to make trades for new sovereign paper. (Reuters) Walmart (NYSE:…
Greece got its 130 billion euro bailout. Most media outlets and economists made the same observation about the deal. Greece’s economy continues to contract at a rate of about 6%. Unemployment is above…
Wynn Resorts (NASDAQ: WYNN) accused large business partner Kazuo Okada of fraud and bought out his position (Reuters) Ministers in the EU will make a final determination on Greece today (Reuters) Japan’s huge trade…
United Parcel Service, Inc. (NYSE: UPS) has confirmed some news that the market was expecting. The company is responding to a rejected buyout offer of close to $6 billion which it made…
Jon C. Ogg Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2011. We have included some accompanying notes on each and…
The International Air Transport Association, the industry’s major association and source of much research about the sector says that 2011 was a particularly good one for the industry, especially as the year…
Tuesday is going to be full of major earnings reports, two of which are DJIA components. These are not the only major earnings, but ten we will be watching closely are as…
