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The Walt Disney Co. (NYSE: DIS) is set to report earnings right at the close of trading today. The Thomson Reuters (First Call) estimates for the media giant and DJIA component are $0.49 EPS and...
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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 15% of his...
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We are seeing a historic event, and one which may outline the future of books. Google (NASDAQ: GOOG) has reached a settlement over its dispute with The Authors Guild and the Association of American...
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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....
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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 is because he is dug in like a...
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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...
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GM (GM) Concerns that global car sales will fall again in 2009 and company will get short on money. Down to $5.22 from 52-week high of $43.20. News Corp (NWS) Weak ad market hits shares. Drops to...
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According to Reuters, a Senate plan to vote on the bailout package pushed US markets up. Reuters reports that the FDIC would like to increase the value of the accounts it insures. Reuters reports...
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CBS (CBS) continues to make the argument that network television advertising will do relatively well during a recession. Wall St keeps rejecting the idea. CBS shares are now down to $14.43, off over...
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According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments. Reuters writes that the National Retail Federation says that this will be...
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The AP announced its list of the top 10 paid CEOs for 2007. The figures were based on "AP’s compensation formula, which adds up salary, perks, bonuses, above-market interest on pay set aside for...
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A chance like this only comes along rarely. CBS (CBS), which is trading at just above $17, down from a 52-week high of $32.97, could spin-off CNET. The large collection of tech websites has found new...
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Elan Corporation (ELN) Problems with one of the company’s major drugs. Falls to $9.55 from 52-week high of $37.45. Gatehouse (GHS) More poor newspaper earnings raise issue of whether company is...
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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 of...
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Gatehouse Media (GHS) Newspaper company down again. Falls to $1 from $19. Merrill Lynch (MER) More write-off fears. Sells off to $23.64 from 52-week high of $89.23. Citigroup (C) Bad Q2 on the way....
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