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According to Reuters, the House will vote on the auto bailout as early as this week. Reuters writes that Rio Tinto (RTP) will cut 14,000 jobs. Reuters reports that AIG (AIG) owes other firms $10...
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It is that time of year where companies should have been evaluating their plans for the year ahead. Each year we come out with a list of companies who should get rid of their CEOs or which should...
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Kicking management and practices at Nortel Networks Corp. (NYSE: NT) is nothing new for us. We have discussed the company’s problems here for longer than memory serves. Mike Zafirovski is...
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Nortel Networks Corp. (NYSE: NT) is one of the telecom equipment and networking stocks which just has not been able to get its act together. It has also been unable to find any serious friends as...
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Short sellers are still betting that financial shares will fall but they have boldly moved into shares of companies which are considered healthy, those with both good balance sheets and relatively...
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According to Reuters, a weakening economy in China and poor US earnings are causing concern that the recession will be deep and long. Reuters writes that Vodafone (VOD) cuts its full-year revenue...
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GM (GM) plunges on concerns about Chapter 11. Falls to $3.02 from 52-week high of $32.80. Citigroup (C) get caught in fears that big financials will have to raise more money. Sells down to $11.05...
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It is cold in Canada this time of year and for some people it will get colder. One of the nation’s largest companies, Nortel (NT), will dump 1,300 people and freeze salaries as it fights for its...
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For awhile, analysts had hoped that the biggest layoffs in the economy would be restricted to already troubled industries including retail, automotive, and airlines. At least companies in those...
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Some of the analyst upgrades in technology are just a reversal of an extreme negative bias to a cautious or neutral tone, but as you will see below there are a few standout calls. There is also one...
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These are ten of the top analyst upgrades and downgrades we have seen this Monday morning with about 2 hours to the the open: Everest Re (RE) to Outperform at Wachovia. Fortress Investment (FIG)...
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These are some of the top analyst upgrades we have seen this Monday morning with about two hours to the open: Alberto-Culver (ACV) Started as Buy at Goldman Sachs. China Mass Media (CMM) Started as...
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Shares in some tech companies are down as far as the banks and brokerage firms. Sun (JAVA) and Nortel (NT) are in that group, but they are hardly alone. Firms which have the lead of their sectors,...
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According to Reuters, Morgan Stanley (MS) is in merger talks with several firms. Reuters says HSBC (HBC) may be a possible buyer for Morgan Stanley. Reuters reports that Washington Mutual (WM) is...
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The capital spending boom born of growing broadband and wireless adoption rates may be coming to an end. At least, that is what an earnings warning from Nortel (NT) indicates. Nortel is North...
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