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  • Chrysler IPO to Début in December. Reports say that Chrysler could reportedly carry out its IPO this December. The lead underwriters Bank of America (BAC) and JPMorgan (JPM) will be joined by Barclays (BCS), Goldman Sachs (GS), Morgan Stanley (MS) and UBS (UBS). Upgrades:
    Category: Pre-Market News|No comments
  • Sony’s PlayStation 4 Goes On Sale. Sony’s ( SNE) PS4 went on sale Friday night and within 24 hours the company sold over 1 million video-gaming consoles.  The company needs to hit a home run with the PS4 to help the company the turn around its consumer-electronics division. Sony will
    Category: Pre-Market News|No comments
  • Berkshire Hathaway Buys Exxon Mobil. Berkshire Hathaway ( BRK.A / BRK.B) has bought a 40.1 million shares of Exxon Mobil (XOM). The purchase makes Warren Buffett’s company the 6th largest shareholder of Exxon. During the third quarter he also addred to his position in the Bank of New York
    Category: Pre-Market News|No comments
  • Overseas Growth Slows. Overseas economic growth has unexpectedly slowed. Economic growth slowed in Japan during Q3. Capex growth rose just +0.2% for Q3, far below consensus estimates. Economic growth in the eurozone came in at just +0.1% for Q3 also missing economists estimates.  Germany
    Category: Pre-Market News|No comments
  • Macy’s Beats Wall Street’s Estimates. Shares retailer Macy's (M) are higher in the pre-market after the company posted Q3 profits that beat Wall Street expectations and made positive comments about the upcoming holiday shopping season. The company reported EPS $0.47, up 31% from a year ago.
    Category: Pre-Market News|No comments
  • Walmart Announces Black Friday Deals. Today Walmart, the nation's largest retailer announced their highly anticipated Black Friday deals.  The retailer plans to begin its sales deals on Thanksgiving evening at 6:00 p.m. Electronics will play an even more prominent role this year at t
    Category: Pre-Market News|1 views|No comments
  • Government Wants BofA Fined Again. The U.S. government is seeking to fine of Bank of America (BAC) again. This comes after a long list of resent fines, with the most recent for discrimination against black employees. The government is looking to fine the troubled bank the maximum $864 milli
    Category: Pre-Market News|No comments
  • Twitter Begins Trading. Shares of Twitter ( TWTR) will begin trading this morning on the NYSE after being priced last night at $26.00. The price was above the already increased $23-$25 range. Twitter raised $1.82B by selling 70M shares and it will have a market cap of $14.2B. CEO Dick Cost
    Category: Pre-Market News|No comments
  • Twitter to Price IPO Shares. The microblogging Web site Twitter ( TWTR) is expected to price its IPO today with shares to begin trading tomorrow on the NYSE. The company raised the price range of the IPO shares to $23-$25 a share. The company is expected to sell 70M shares, which would gene
    Category: Pre-Market News|No comments
  • European Commission Lowers EU GDP Forecast. The European Commission has lowered its 2014 GDP forecast for the eurozone forecast to 1.1% from 1.2%. Germany, Belgium, Estonia and Ireland’s economy should grow in 2014. While they warned that Spain, Greece, Italy and Portugal will experience m
    Category: Pre-Market News|1 views|No comments
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