These are some of the top pre-market analyst downgrades we have seen early this Friday morning: ABB (ABB) Cut to Neutral at Goldman Sachs. Barclays (BCS) Cut to Sell at RBS. Corn…
According to Reuters, Wall St. closed its worst year since The Depression. Reuters reports that GMAC did not hit its goal of trading debt for equity and cash. Reuters reports that GM…
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter profit at…
New data released by comScore shows that US internet users watched more than 15 billion videos last month. Almost 40% of those were watched on Google (GOOG) sites, most of them on…
According to Reuters, car company executives went before Congress and pleaded for billions of dollars. Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that Paulson says the…
The bad ad environment will catch up to Time Warner (TWX) in a flash. Viacom (VIA) had only just indicated that the markets for advertising sales were dismal. Now TWX is slashing…
According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the Obama win.
Gareth Roberts, CEO of Denbury Resources (NYSE:DNR) was forced to sell 513,000 shares of the company’s stock to meet a margin call "pursuant to a real estate based loan." That was about…
According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies. Reuters writes that Amazon (AMZN) turned in a weak forecast hurting its stock.…
Almost every man, woman, and child in America knows that Yahoo! (YHOO) is going to have to cut costs. There has been evidence for sometime that internet display advertising, which has been…
Sumner Redstone is one of the CEO’s we voted as one of Wall Street’s most entrenched CEO’s in the past. It isn’t that he is so well respected or loved, but it…
Douglas A. McIntyre According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26 billion each. Merrill Lynch (MER) and Bank of America (BAC) would each…
According to Reuters, Hurricane Gustave is heading toward New Orleans after shutting down most oil production in the Gulf of Mexico. Reuters reports that Commerzbank will buy Dresdner Bank for $14.5 billion.…
Douglas A. McIntyre These are some of the top analyst Upgrades and positive calls we are seeing early this Friday morning: Boston Scientific (BSX) Started as Outperform at Piper Jaffray. Cabot Micro (CCMP) Raised to…
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…
