Sprint (S) is down sharply today, heading toward penny-stock land. Shares are at $1.70, off their 52-week high of $13.90. Much of the drop is due to its falling cellular subscriber base…
According to Reuters, the House passed a $14 billion bailout bill. Reuters reports that according to Mastercard (MA) retail sales fell sharply in November. Reuters writes that Congress criticized Treasury over its…
According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans. Reuters reports that…
Thornburg Mortgage (TMA) was just suspended from trading on the NYSE. Its price has been below $1 for too long. It trades at $.24. Extraordinary, because it 52-week high is $140.50. Losses…
According to Reuters, Chrysler is running out of time and options for staying in business. Reuters reports that American Express (AXP) is seeking $3.5 billion from the government bailout fund. Reuters writes…
According to Reuters, a weakening economy in China and poor US earnings are causing concern that the recession will be deep and long. Reuters writes that Vodafone (VOD) cuts its full-year revenue…
According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the Obama win.
Most corporations have bylaws about how many board members they must have. The federal government requires that boards of directors keep enough outside members to maintain independent audit and compensation committees. Ford…
These are some of the top analyst downgrades and negative calls we are seeing this Wednesday morning: Adolor (ADLR) Cut to Neutral at Piper Jaffray. Allscripts (MDRX) Cut to Neutral at Piper…
The New York Times reports that T-Mobile will be the first carrier to offer a cell phone powered by Google’s (GOOG) much-anticipated Android software. HTC will provide manufacturing, and the phone could…
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
According to Reuters, M&A activity is down sharply. Reuters writes that Anheuser-Busch (BUD) turned down an offer from InBeve. Reuters reports that Yahoo! (YHOO) has realigned its senion management Reuters reports that…
Turning around Sprint (S), which has been getting harder, may be moving into the "impossible" column. The company recently showed up in the MSN Money customer satisfaction survey as one of the…
Verizon (VZ) had two piece of news for investors today. The first is that it fiber-to-the-home cable killer, FiOS is being built out faster than expected. All 18 million of the homes…
Today was a feature we have loosely been covering on occasion, and that is investing on the final frontier here on Earth: Africa. Interestingly enough, Vodafone Group plc (NYSE: VOD) is tied…
Douglas A. McIntyre 