“Citigroup under fire for potentially selling more shares to help buy back some of the government’s stake in the bank. The move to damage the already battered stock with more dilution, even as the troubled...
Read MoreAnalysts at Merrill Lynch/Bank of America (BAC) gave a boost to Amazon.com (AMZN) by issuing an upgrade to Buy from Neutral. Also, the analysts raised the price target for Amazon by $8 to $103, which would represent a 24%...
Read MoreThe “father” of the securitized mortgage market, Lewis Ranieri, has drawn some attention for his views on the current real estate market. Formerly of Salomon Brothers, Ranieri pioneered the practice of bundling...
Read MoreKroger (KR) is the nation’s largest supermarket chain, and has benefited from the consumer eating at home more often during the recession. Furthermore, store brand items have been selling better in the last few quarters...
Read MoreLast week, Toll Brothers Inc (TOL) chairman and CEO Bob Toll sold 791,000 shares from his vast portfolio of TOL stock. He still owns nearly 16 million shares or close to 10% of the company’s stock, but he has a history of...
Read More“In corporate headlines this morning, a report out of London that Deutsche Telecom is considering a bid for Sprint Nextel. Higher in early European trading, that’s a huge percentage move because it’s a $3...
Read MoreThe price-to-peak earnings multiple increased to 11.7x as of Friday’s close. Stocks resumed their advance as a number of Wall Street analysts increased estimates for major U.S. firms including Apple (AAPL), General...
Read More“If you look at Motorola, they have unrolled what I will say is the best named cell phone product ever, the CLIQ. 6% higher today, as they like the partnership with Google. However, there are some rumblings that their...
Read More“And then there was the FedEx. News that broke about 20 minutes ago or so that really gave a lift to the futures. Preliminary results for the first quarter will exceed expectations and, also, raised their outlook for the...
Read MoreAnyone who has tuned into Jim Cramer on Mad Money recently has probably heard one of his most prominent investment theories right now: mobile internet technology will shape our future. He compares the impact of the mobile...
Read More
