Facebook sets its IPO to raise more than $10 billion. (Reuters) The California State Teachers’ Retirement System (CalSTRS) files suit against Walmart (NYSE: WMT) over bribery allegations in Mexico. (Reuters) Greek elections…
The California State Teachers’ Retirement System (CalSTRS) sued Wal-Mart (NYSE: WMT) because the world’s largest retailer may have violated Mexican and US laws. At issue is the bribery, or alleged bribery scandal,…
Douglas A. McIntyre It is not unusual for large American public companies to be controlled by a founder, a founding family or a corporation that bought out the large majority of shareholders at some time…
China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds vote against…
Philp Falcone receives extensions from creditors owed money by his high-speed wireless company LightSquared. (Reuters) Social gifting is a growing part of e-commerce. (Reuters) Barron’s says Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) could join…
Jon OggThis last week had many top analyst calls, but each week we review all of the calls looking for those which were very bold calls or that go against the grain. …
S&P downgrades Spain and presses for EU action on debt. (Reuters) The U.S. economy slows as inventories fall. (Reuters) The Bank of Japan increases yen purchases to 10 trillion. (Reuters) U.S. companies…
Markets opened higher this morning, led by the Nasdaq which got a big boost from the strong report last night from Apple Inc. (NASDAQ: AAPL). The report from the US Census Bureau…
Wal-Mart Stores Inc. (NYSE: WMT) is still deep in the soup. Since the news broke over the weekend over bribes in Mexico involving its current and former top-brass, Wal-Mart shares have slid…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Apple Inc. (NASDAQ: AAPL) Raised to Outperform at Scotia; Maintained Buy with…
Wal-Mart Stores, Inc. (NYSE: WMT) may have caused some irreparable damage to its investors. This bribery scandal in Mexico looks very small if you just look at the raw dollars for a…
Jon C. Ogg Dividends have continued to rise. Better yet, they are expected to keep rising for the rest of the year. A study from Dow Jones Indexes showed a rise of almost 2.2% so…
Any economic recovery in the eurozone that analysts and politicians might have hoped for will be put off for some time. PMI data for the first month of the second quarter was particularly weak. Markit…
Douglas A. McIntyre Nestle to buy Pfizer’s (NYSE: PFE) baby food operation for $11.9 billion. (Reuters) China’s factory output rises slightly in March, but still not at levels of expansion. (Reuters) Vodafone (NASDAQ: VOD) buys…
The pressure on Walmart (NYSE: WMT) due to a report that bribery was wide-spread in its Mexico unit may cost the most senior executives at the parent company their jobs. The New…
Douglas A. McIntyre 
