These are this Thursday morning’s top analyst upgrades and positive research calls seen from Wall Street: Foster Wheeler (FWLT) Raised to Buy at Goldman Sachs. Genworth (GNW) Raised to Buy at Deutsche…
Reuters: Ebay (EBAY) will sell Skype to private investors. Reuters: China’s manufacturing index gained. Reuters: A late Labor Day will hurt August retail sales. Reuters: A US judge ruled against AIG (AIG)…
US internet users watched 8.9 billion videos on Google (GOOG) sites last month. Ninety-nine percent of those were from YouTube. According to comScore, Google had 42% of the online video market in…
Viacom (VIA) had a bad quarter, which was to be expected. Media companies are suffering from drops in advertising revenue and the number of consumers who subscribe to their content services and…
Douglas A. McIntyre The DVD business is bad. Video-on-demand, available on most cable systems, and internet streaming of premium content have cut into one of the largest profit centers in Hollywood. Viacom’s (VIA) Paramount studio…
Reuters: The heads of the emerging markets, the so-called BRICs, held their first global summit. Reuters: Obama will be tested this week on financial reforms. Reuters: Rich nations are working on an…
Facebook recently took in a new $200 million investment which puts the value of the company at $10 billion. That is down from a $15 billion valuation based on an investment that…
Sony (SNE) is in trouble, and it is very deep trouble. For the fiscal year ending March 31, the conglomerate lost more than $1 billion on $79 billion in revenue. Sales were…
Reuters: Rio Tinto (RTP) has killed a deal with Chinalco for one with BHP (BHP). Reuters: US regulators insisted JP Morgan (JPM) and Amex (AXP) raise money to exit the TARP. Reuters: …
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show…
Sir Howard Stringer is the first non-Japanese to run Sony (SNE) and putting him into the job was probably a mistake. He was promoted to “re-invent” the company. Instead, he has done…
According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will buy…
These are the top analyst downgrades and cautious calls we have seen from Wall Street analysts this Monday morning: American Tower (AMT) Cut to Sector Perform at RBC. AXA (AXA) Cut to…
Internet display advertising is being challenged by the recession. Traditional media is not the only business being hurt as marketers curtail spending to save money. Barry Diller recently said that the display…
These are some of Tuesday morning’s top pre-market upgrades and downgrades we have seen from Wall Street analysts with more than two hours until the open: BJ’s Wholesale (NYSE: BJ) Raised to…
