Nokia Downgraded To Equal Weight By Barclays Capital

  Nokia Corporation (NYSE:NOK) has had a rough time in the last few years. The company failed to grow into the smart phone sector as it should have and embarked on a disastrous attemt to carve its own way with its Symbian OS and its Ovi App store, two names [...]

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IBM Acquires Sales Analysis Software Firm For Undisclosed Amount

 International Business Machines Corp. (NYSE:IBM) has today finished a deal that will see it take charge of a company specializing in software that analyses sales data. The startup, Varicent Software, markets software that analyzes sales figures from businesses and analyses those figures to give companies a greater wealth of information [...]

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Goldman Sachs' CEO Lloyd Blankfein Takes 35% Pay Cut For 2011

Goldman Sachs Group, Inc. (NYSE:GS) recently announced that CEO Lloyd Blankfein took $12.4 million in total compensation for 2011 which is down 35% from 2010, when he earned $19.1 million.  The pay cut comes after the bank posted lower profits and share price.  The CEO received $2 million in actual salary, [...]

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Company News Update From Around The World

  Every morning ValueWalk provides a wrap up of the latest company news, of US, European, and Asian Pacific corporation. Company News UpdateU.S.  Wells Fargo & Company (NYSE:WFC), the largest U.S. home lender, said profit jumped 13 percent in the first three months of the year, as its loan portfolio continued to [...]

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JPMorgan, Wells Fargo: Earnings For Both Beats The Estimates

Over the past two weeks, I have been predicting that JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Company (NYSE:WFC) would beat their earnings estimates.  Turns out my estimate was right because the two banks both posted earnings beats early this morning.  Remember that my favorite banks are JPMorgan, Wells [...]

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Research In Motion Boss Resigned Because Of Innovative Strategy

News surfaced today that Research In Motion Limited (USA) (NASDAQ:RIMM) former CEO Jim Balsillie tried to completely turn around the company's prospects with a radical new strategy just before he left the position. The news was reported by Reuters Alastair Sharp this morning. The news reveals much about the internal workings [...]

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JPMorgan (JPM) Earns Better Than Expected $1.31 Per Share

 JPMorgan Chase & Co. (NYSE:JPM)  announced its earnings for the first quarter of 2012 today before the market opened. The company showed earnings for the first part of the year at $1.31 per share beating the forecasts made by analysts which showed an expected earnings per share of around [...]

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Apple’s Q2 Forecast Maintains $910 Price Target

As Apple Inc. (NASDAQ:AAPL) gears up to announce its earnings for their second quarter of 2012 in ten days or so projections are still flooding in about the sales the company may have made in the first quarter of this year particularly in the company's iPhone and iPad flagship products. [...]

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Morning Market And Economy News

Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Levels    US:  Dow Futures: 12919.00 (-0.24%), S&P 500 Futures: 1383.20 (-0.19%), NASDAQ Futures: 2733.00 (-0.21%) Europe: CAC: 3234.04 (-1.09%), DAX: 6687.96 (-0.82%), FTSE: 5688.33 (-0.39%).Asia-Pacific: Australia: 4323.30 (1.00%), China: [...]

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Wells Fargo (WFC) Reports Earnings Of $0.75 Per Share

Wells Fargo & Company (NYSE:WFC) announced its earnings for the first quarter  of 2012 today. The report showed the company collected revenue of $2.6 billion in Q1 and had an earnings pershare of $0.75 in the period. Consensus growth figures settled on earnings of around 73 cents per share in analyst [...]

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Apple Permitted By Judge To Intervene In Lodsys Lawsuit

Apple Inc. (NASDAQ:AAPL) has been given permission by a judge to intervene in a case brought by a patent holder against third party developers on the company's iOS operating system. The news came today from a Texas District Court Judge. The company had originally filed to be given the permission [...]

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Google (GOOG) Jumps After Earnings Announcement [UPDATE]

Google Inc (NASDAQ:GOOG) announced its earnings for the first quarter of 2012 today and surprised forecasters with better than expected figures. The company revealed earnings per share of $8.75 today beating analyst expectations of $8.51 per share. The company also showed better than expected revenue of $10.65 billion compared with [...]

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Post-Market And Companies News: US Markets Rally

  Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news Market Levels  US:  Dow: 12986.50 (1.41%), S&P 500: 1387.56 (1.38%), NASDAQ: 3055.55 (1.30%) Europe: CAC: 3269.79 (0.98%), DAX: 6743.24 (1.02%), FTSE: 5710.46 (1.33%). Asia-Pacific: Australia: 4280.60 (0.81%), China: 2350.86 (1.78%), Hong Kong: 20327.32 (0.92%), India: 5276.85 (0.96%), Japan: [...]

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Coal Stocks Up As Exports Lead Growth

Coal Stocks, Market Vectors-Coal ETF (NYSEARCA:KOL) were some of the best performers in the S&P 500, according to the Wall Street Journal's Matt Day today. The industry has often been ignored in recent years as energy related news has centred around high oil prices or low gas prices. Today's move means [...]

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Google (GOOG) Releases Earnings $8.75 Per Share

Google Inc. (NASDAQ:GOOG) released its earnings report today for the first quarter of 2011. The company posted earnings per share of $8.75 and showed revenues of $10.65 billion for the period. The annoncement was positively viewed by investors and analysts alike who see Google as a solid investment looking [...]

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Jamie Dimon and Brian Moynihan Duel Over Mortgages

Jamie Dimon, CEO of JP Morgan Chase & Co. (NYSE:JPM), has been busy cleaning up the bank’s mortgage mess while holding grudges in the process. The CEO has spent $18.5 billion on the mortgage cleanup effort and has said he plans on holding those responsible for their role in [...]

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Warren Buffett: The Legend Continues

Goldman Sachs Group, Inc. (NYSE:GS) is one of the powerhouse Wall Street banks that has shown their abilities over the years, dominating many aspects of finance particularly mergers and acquisitions. However, this latest will surprise you. Last year, Goldman traders went through the process of getting rid of all [...]

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London Hedge Fund Exodus Continues As Tyrus Leaves City

The draw of hedge funds to sunnier climes and more favorable tax rates has continued today as Tyrus Capital Management has moved most of its staff and resources to Monaco. The company retains its headquarters in London but most of its operatives live in the Mediterranean principality where they [...]

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Morning Worldwide Company News

Every morning ValueWalk provides a wrap up of the latest company news, of US, European, and Asian Pacific corporation.  Company News Update U.S.Drugstore chain, Rite Aid Corporation (NYSE:RAD) reported a quarterly loss of 18 cents a share, in the fourth quarter ended March 3, on $7.1 billion in revenue, which was [...]

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Morning Market and Economic News

Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Levels  * US: Dow Futures: 12770.00 (0.20%), S&P 500 Futures: 1369.30 (0.39%), NASDAQ Futures: 2716.25 (0.44%) * Europe: CAC: 3237.63 (-0.01%), DAX: 6708.32 (0.50%), FTSE: 5631.04 (-0.14%). * Asia-Pacific: Australia: 4280.60 (0.81%), [...]

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