EK
EK Articles
The markets opened in the red this morning but have recovered after the ISM Manufacturing data favored very low growth rather than recession. There were a number of stocks getting a boost right...
Published:
Last Updated:
In the world of poor leadership and strategy, you have to love the irony that exists in the world of international finance on the last day of the quarter. The top headline from Yahoo! Finance is...
Published:
Last Updated:
Today’s ratings actions start of with a real no-brainer. McDonald’s Corp. (NYSE: MCD) received an ‘A’ rating from Fitch Ratings on a new $500 million 2.625%, 10.25-year senior unsecured note...
Published:
Last Updated:
These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. AMC Networks Inc. (NASDAQ: AMCX) Started as Sell at Stifel...
Published:
Last Updated:
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren...
Published:
Eastman Kodak (NYSE: EK) drew $160 million from its revolving credit line, a signal that the company’s viability is at risk. In an 8K filing with the SEC, the firm stated, “On September 23, 2011,...
Published:
When news hits the street of another patent lawsuit, the characteristic reaction of some investors is to dump the defendant’s stock as quickly as possible. Those sales inevitably depress the...
Published:
Last Updated:
Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that their employees lose hope. This may be due to the fact that they believe...
Published:
Last Updated:
The borrow-a-patent, rent-a-patent, buy-a-patent industry is growing by the day. Google (NASDAQ: GOOG) just bought 1,023 patents from IBM (NYSE: IBM). The big hardware company will hardly miss them....
Published:
Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on banks...
Published:
Hewlett-Packard’s (NYSE: HPQ) new CEO faces investors concerned about its prospects. (Reuters) U.S. box office sales near records despite the slowdown. (Reuters) Lenovo posts strong earnings in...
Published:
The next round of smartphone patent buying may focus on Eastman Kodak Co. (NYSE: EK), the 130-year old photography giant that missed the digital bus. The $12.5 billion acquisition by Google Inc....
Published:
Last Updated:
We have many stocks on the move this morning, some on earnings and some on other news. The top movers and shakers featured by 24/7 Wall St. this morning are as follows: Analog Devices, Inc. (NYSE:...
Published:
Last Updated:
The news is full of reports that Google Inc. (NASDAQ: GOOG) is acquiring Motorola Mobility Holdings, Inc. (NYSE: MMI). Most stories discuss the hardware aspect, but perhaps the more important...
Published:
Last Updated:
Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million. The short position in...
Published: