Apple (AAPL, $88.90, down $1.22) is trending lower this morning after a price target cut on its shares. Credit Suisse reduced their target for Apple to $120 from $135 as it sees weakening demand for the PC market. They maintained an “Outperform” rating on the stock. I’m a huge AppleRead more
Is Apple Ripe or Rotten?
Google Continues Lower
This Bud Is For Its Shareholders
Nah, Nah, Nah, Nah…Hey, Hey…Goodbye! It’s in the books. Shareholders of Anheuser-Busch (BUD, $66.33, down $0.51) approved the $52 billion sale of its beer business to Belgium-based InBev today. The two companies will create the world’s largest brewer. The was the last step needed step to form the company thatRead more
Google Testing $300
Las Vegas Sands Halted
Las Vegas Sands (LVS, $6.65, down $1.35) still hasn’t “officially” opened this morning for trading although it was down 17% in premarket activity. The stock has been halted as the market prepares for the company’s public offering of 182 million shares of stock that will be hitting the floor whenRead more
Morning Tidbits
China Ditto's U.S. Bailout Package
More Bad News For Casino Stocks
Why Stops Are So Important
Yahoo Jumps Despite Google Changing Mind
Yahoo (YHOO, $13.92, up $0.57) was back in the news again on Wednesday. The stock had a strong day despite the fact that Google (GOOG, $342.24, down $24.70) backed out of its advertising outsourcing agreement with the company. At one point, Yahoo traded as high as $14.84. There were manyRead more