Featured Articles
Obtaining Business Cash Loans For Your Company
Obtaining business loans has become more difficult as banks and other lending institutions have restricted credit to all but the most worthy borrowers. Simple things like the amount of capital available to the business and projected sales growth in the industry can have an affect on your business’s ability to obtain cash loans for growth [...]
Bank of America (BAC) Shakes-Up Management Team, Appoints Co-COO’s
Bank of America (BAC) announced Tuesday a reorganization of its management as its presidents of global wealth management and consumer banking both stepped down, while two others were promoted to newly created positions. The news comes as just the latest shakeup at Bank of America, where continued legal liabilities and poor stock performance have help [...]
Pfizer (PFE) Rises On Lung Cancer Drug Approval
Shares of Pfizer (PFE) received a bump on Monday following an approval by the Food & Drug Administration of its lung cancer drug XALKORI® (crizotinib). The world’s drugmaker received approval Friday after U.S. markets were closed, making it the only authorized producer of a positive small cell lung cancer drug or more specifically the first-ever [...]
Oracle (NSDQ: ORCL) Fiscal Q4 Profit Jumps 30 Percent On Strong Software Sales, Hardware Lags
Oracle (NSDQ: ORCL) announced record fiscal fourth quarter earnings after the bell on Thursday, topping estimates as revenue grew 12 percent. Software sales fueled the growth as hardware sales sagged in the period. The tech company said fourth quarter earnings were $3.12 billion or 62 cents a share, up from $2.36 billion or 46 cents [...]
Research in Motion (NSDQ: RIMM) Fiscal Q1 Profit Beats, Revenue Falls Short, Cuts Full-Year Guidance
Research in Motion (NSDQ: RIMM) reported fiscal first quarter earnings after the bell Thursday that were slightly ahead of estimates. However the company cut its full-year earnings guidance substantially. The mobile device maker said first quarter earnings were $695 million or 1.33 a share, down from $695 million or $1.38 a share in the same [...]
Steve Jobs’ Appearance At WWDC Fails To Rally Apple Stock (NSDA: AAPL)
Shares of Apple (NSDQ: AAPL) tumbled on Tuesday as CEO Steve Jobs appearance at the company’s Worldwide Developer Conference failed to rally the stock. Tuesday’s decline continued a late sell-off that began yesterday during the midst of the conference, shares finished lower $6 or 1.8 percent to $132.08. Jobs took a leave from his current [...]
General Motors (NYSE: GM), Ford (NYSE: F) May Auto Sales Hold Up Better Than Foreign Competitors
The major automakers released U.S auto sales results for the month of May on Wednesday. As expected, they all posted a decline as widespread parts shortages due to the Japanese earthquake on Mar 11 caused inventory shortages for dealers. However, General Motors (NYSE: GM) and Ford (NYSE: F) held up much better than their foreign [...]
Apple (NSDQ: AAPL) Jumps 3 Percent On News Of Jobs Presentation
Shares of Apple (NSDQ: AAPL) jumped 3 percent on Tuesday to close at $347.83 after news hit that CEO Steve Jobs will speak at the company’s annual Worldwide Developer’s Conference (WWDC) on June 6. Jobs will unveil Apple’s new iCloud, which allows users to store content online, such as music, rather than on local hard [...]
How to Avoid Online Phishing Scams
Technology plays a huge role in everyday life in the 21st century. We can shop online, pay our bills online and socialize online. We have greater choice, but with this sometimes comes with greater risk. Online crime is a growing area and the methods used by criminals are becoming increasingly sophisticated as they manipulate our [...]
JP Morgan (NYSE: JPM) Deal Sets Return Of $800 Million To Lehman Estate
JP Morgan (NYSE: JPM) has reportedly reached an agreement with the Lehman Brothers Trustees that will return $800 million to former customers of the now defunct investment bank. The deal will not impact financial results, according to the bank. JP Morgan, who acted as the clearing agent for Lehman’s broker-deal arm, held onto the accounts [...]
Coach (NYSE: COH) Upgraded by Wall Street Strategies to “Buy”
Equities research analysts at Wall Street Strategies upgraded shares of Coach (NYSE: COH) to a “buy” rating in a research note to investors on Tuesday. Separately, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Coach in a research note to investors on Tuesday, January 18th. They now have a $57.00 price [...]
Marathon Oil Co. (NYSE: MRO) Given “Neutral” Rating by Zacks Investment Research Analysts
Equities research analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Marathon Oil Co. (NYSE: MRO) in a research note to investors on Monday. The analysts currently have a $44.00 price target on the stock. Analyst Moutushi Saha wrote, “We are reiterating our Neutral recommendation on Marathon Oil, while raising our price [...]
Kennametal Inc. (NYSE: KMT) Downgraded by Barrington Research to “Market Perform”
Equities research analysts at Barrington Research downgraded shares of Kennametal Inc. (NYSE: KMT) from an “outperform” rating to a “market perform” rating in a research note to investors on Friday. Kennametal Inc. is a supplier of tooling, engineered components and advanced materials consumed in production processes. Its metalworking tools are made of cemented tungsten carbides, [...]
L-3 Communications (NYSE: LLL) Downgraded by Cowen to “Neutral”
Equities research analysts at Cowen downgraded shares of L-3 Communications (NYSE: LLL) from an “outperform” rating to a “neutral” rating in a research note to clients and investors on Monday. Separately, analysts at Morgan Keegan downgraded shares of L-3 Communications from an “outperform” rating to a “market perform” rating in a research note to investors [...]
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