According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion. Reuters writes that shares of PetroChina…
In Barron’s semi-annual Big Money Poll, institutional investors are asked about their two favorite stocks and also which shares are most overvalued. For the latest poll, 112 money managers responded. On the buy list…
According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market. Reuters writes that News Corp’s (NWS) MySpace joined the new Google (GOOG) association of social networks.…
Getty Images (NYSE:GYI) is seeing shares trade up in after-hours activity as some fears of imminent implosion from Web 2.0 start-ups eating its dominance may be getting priced in based on its forward guidance.…
Electronic Arts (NASDAQ:ERTS) posted non-GAAP EPS of $0.27 on revenues of $640 million; Analysts were looking for $0.20 EPS on $896 million revenues but there is a revenue deferral and recognition issue for the…
CBS (CBS) revenues of $3.3 billion for the third quarter of 2007 decreased 3% from $3.4 billion for the same quarter last year, reflecting lower television license fees, the impact of radio and television…
Donald Graham, CEO of The Washington Post Company (WPO) made this comment to Fortune last summer: "If Internet advertising revenues don’t continue to grow fast," he says, "I think the future of the newspaper…
After today’s close, we’ll see earnings out of three video game publishers. Electronic Arts (NASDAQ:ERTS), THQ Inc. (NASDAQ:THQI), and Midway Games (NYSE:MWY) all report today. The key to remember here is that calendar Q3…
According to Reuters, US car sales are expected to have fallen in October. Reuters writes that China has approved the trading of stock futures. Reuters reports that Google (GOOG) is in talks with Sprint…
Most days investors might get thrown into a stir when one of the most active stocks like Sirius Satellite Radio (NASDAQ:SIRI) has a "SELL" rating next to it, particularly if it comes from a…
It isn’t every day that stock analysts and reporters get to cover a publicly traded topless bar chain. But all issues aside and assuming today’s rally holds this stock will start showing up on…
IAC/Interactive (NASDAQ:IACI) reported earnings that the wires are looking at as lower, although the actual numbers were above what Wall Street was looking for on the earnings front. The company posted $1.515 Billion in…
According to Reuters, a number of experts do not believe that a rate cut by the Fed will help the falling housing market. Reuters writes that Alcatel-Lucent (ALU) will cut another 4,000 jobs. Reuters…
RealNetworks Inc. (NASDAQ:RNWK) is set to report earnings after today’s close. First Call has estimates at -$0.01 EPS on revenues of $143.4 million, but there are some estimates with a break-even to even a…
LucasArts and BioWare Corp. today announced that they have entered into an agreement to create an interactive entertainment product. Normally we wouldn’t cover this because both are private companies. But BioWare is in the…