This Bud’s No Longer for Wall Street

Is it Last Call for Wall Street at Anheuser-Busch?
On Anheuser-Busch’s conference call Wednesday to discuss second-quarter earnings, the tone was more like a wake than the tailgate parties of old.
Well, previous calls never really had galloping Clydesdales, singing frogs or a hard-partying Bull Terrier. But quarter after quarter, investors and analysts from both the ”buy” and ”sell” sides would still dial in after the close of New York trading for […]

Amazon Q2: Revenue in Line, EPS, Operating Income Off

From Silicon Alley Insider, July 23, 2008:Release out: Processing now, but at first glance Amazon must have done a fantastic job with margin control: Revenue is inline, but EPS is through the roof

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Sorry, can’t take your call ‘cuz …

Financial services companies are bleeding red and thousands of Wall Street workers are losing their jobs. So when one looks around and sees only the ruins left behind by the credit crisis, there is little to smile about.
Some people, though, haven’t lost their perspective — or their sense of humor.
If you call the chief operating […]

GE-Mubadala deal good for both parties

General Electric’s $8 billion joint venture with Mubadala Development Co to provide commercial finance in the Middle East and Africa sounds like an excellent idea for both parties. It also happens to reflect impeccable timing for GE as the U.S.-based global conglomerate struggles on its home turf.
Under the deal, each party will invest $4 billion over three years. That $8 billion will […]

Yahoo’s Decker on Icahn: The “audacity of hope”?

As volte faces go, the Yahoo-Carl Icahn slugfest-turned-lovefest is a definite keeper for some future annal of corporate history. Until last week, Yahoo couldn’t slam Icahn enough, mocking the activist investor’s knowledge of technology, calling his agenda risky, and pointing to his failure to articulate clear alternatives to a Microsoft deal.
But since they made nice on Monday, rest assured […]

Bouncing Banks: How $11B of Losses Is ‘Good News’ on Wall St.

Financial stocks were taking a breather Wednesday, which is to be expected after the group’s ferocious rally. Heading into today, the Financial SPDR (XLF) had risen 31% in a five-day advance, culminating (perhaps) on Tuesday when huge losses were greeted

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Housing Bill: Better Than Nothing, But No Cure for Still-Ailing Market

For months, America’s politicians fiddled over housing legislation as the real estate market burned. This week, after a full-court press from Treasury Secretary Paulson and others, Congress is expected to pass related legislation.Key points of the bill, w

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Jobs’ Health Not Private: CEO Had Surgery but No Recurrence of Cancer, says NYT

Despite Apple’s claims to the contrary, Steve Jobs’ health is not a “private matter.”That fact has been on display again this week as rumors about Jobs’ health continued to circulate. In the wake of those rumors and various reports in other news

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