Institutional Shareholder Services, proxy advisory service, thinks that flagging cell phone and telecom equipment company Motorola (MOT) needs Carl Icahn on its board. He owns just shy of 3% of ... Read Full Story »
Halliburton (HAL) reports first quarter earningsbefore the bell tomorrow; EPS is expected to be $0.52 after a mid-March revision after the company lowered guidance.Halliburton’s main competitorshave already reported, with Schlumberger ... Read Full Story »
There may be only marginally good news out of Sun Microsystems (SUNW-NASDAQ) since there was at least some growth, but the street is giving this a negative focus. It is ... Read Full Story »
Alcoa (AA-NYSE) has just announced that it will explore strategic alternatives for the disposition (sale/spin-off/etc.) of its PACKAGING & CONSUMER segment. This unit generated $3.2 Billion in revenues and $95 ... Read Full Story »
Shares short in Microsoft (MSFT) rose 4.3 million to 98.8 million in April. It may be that the concerns about Vista will be worth the bet. The stock was over ... Read Full Story »
Goldman Sachs is raising its rating on troubled network and telecom equipment giant Alcatel-Lucent (ALU-NYSE/ADR). The firm raised its official rating to a BUY from NEUTRAL, and shares are up ... Read Full Story »
(ABN) ABN AMRO gets a higher bid of roughly $98 Billion (13% higher than Barclays) from a group led by Royal Bank of Scotland.(ABC) Amerisource Bergen raised guidance after earnings.(AMZN) ... Read Full Story »
AAP raised to Buy at Stifel Nicolaus.AMZN raised to Hold at Citigroup; raised to Mkt Perform at Piper Jaffray.ASD raised to Overweight at Lehman.BNI cut to Neutral at Prudential.CBB cut ... Read Full Story »
People still must like soft drinks.Pepsi (PEP) reported a 17% increase in first-quarter earnings per share to $0.65, fueled by a 9% increase in net revenue, with each of the ... Read Full Story »
Markets in Europe were up at 6.20 AM New York time.The FTSE was up .5% to 6,463. Barclays (BCS) rose 1.5% to 732.5. BP (BP) was up .8% to 573, ... Read Full Story »
Below is the short interest in major Nasdaq traded stock for the period ending April 13. The numbers are compared to March 15, 2007.Largest Short InterestSiruis (SIRI) ... Read Full Story »
As least when founder and former CEO Scott McNealy ran Sun (SUNW) investors were used to a sting of bad quarters. New CEO Jonathan Schwartz has cut costs and promised ... Read Full Story »
According to Reuters, three banks lead by Royal Bank of Scotland have topped Barclays (BCS) bid for ABN Amro (ABN).Reurters writes that IBM (IBM) will start selling software from MySQL, ... Read Full Story »
Markets in Asia were mixed. The Nikkei fell 1.2% to 17,236. Canon (CAJ) rose .8% to 6710. Honda (HMC) fell 2% to 3990. NEC (NIPNY) fell 2% to 626. NTT ... Read Full Story »