There is an interesting merger this morning in the credit card processing industry. Visa Inc. (NYSE: V) is acquiring CyberSource Corporation (NASDAQ: CYBS) for $26 per share in a deal valued at…
There are many more significant calls than we expected in this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Advanced Micro Devices Inc. (NYSE: AMD) Maintained as…
Consumer borrowing dropped in February by 5.6% to an annual rate of $2.45 trillion, according to the Federal Reserve. Revolving credit, a good proxy for credit card debt, dropped by 13.1%. Nearly everyone…
Short sellers pushed into tech, communications, and industrial companies for the period ending March 15, but largely moved out of financial shares. Short interest in Cisco (CSCO) was up 12% to 53.7…
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter…
Tiger Woods sponsorship income in 2009 was estimated by several media sources to be $110 million. Thirty million dollars of that came from Nike (NKE). There are no estimates for the revenue…
Large consumer companies spend a great deal of marketing money on creating, preserving, and increasing the image of their brands. If a product has problems, the process does not always work. Toyota…
These are this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research calls: AOL Inc. (NYSE: AOL) Raised to Neutral at Merriman Curhan Ford. Apple Inc. (NASDAQ:…
Reuters: Volcker believes that banks should not be allowed to make risky trades. Reuters: Toyota (NYSE:TM) sales dropped after its recall announcements. Reuters: More US consumers are paying credit cards before mortgages. Reuters: …
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in early all Street research calls: Advanced Micro Devices (NYSE: AMD) Cut to Conviction Sell at Goldman Sachs. Alcoa Inc. (NYSE:…
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Check Point Software Technologies Ltd. (NASDAQ: CHKP) Cut to Hold at Auriga. Dell Inc. (NASDAQ: DELL)…
Reuters: Kraft (NYSE:KFT) sold it pizza business to Nestle and lifted the cash portion of its deal to buy Cadbury (NYSE:CBY). Reuters: Cold weather pushed oil prices near $82. Reuters: US healthcare spending…
These are this Monday’s top 10 analyst Upgrades, Downgrades, and Initiations seen in Wall Street research calls: Alcoa, Inc. (NYSE: AA) Raised to Overweight at Barclays. Airvana Inc. (NASDAQ: AIRV) Cut to…
This might have seemed a tough week to come up with a list of unusual suspects. There are only a handful of earnings, but there are many follow-on items from last week…
California Micro Devices Corp. (NASDAQ: CAMD) surged over 53.11% to a yearly high of $4.67 after the chipmaker agreed to be bought out by ON Semiconductor Corp. (NASDAQ: ONNN) for $4.70 a…
