From Internet OutsiderMost people have finally given up on the idea that Microsoft will ever become an online contender, but for those who are still holding out hope, the first ... Read Full Story »
The Financial Times has come up with a novel assessment of the stock options scandal. It may open the door to takeover bids at as many as 42 companies. The ... Read Full Story »
Verizon (VZ) had some strong numbers in the first quarter. Revenue was up 6% to $22.6 billion. With one-time charges taken out, EPS improved from $.46 to $.54.Wireless operations did ... Read Full Story »
International Securities Exchange (ISE-NYSE), the options and stock trading platform operator, is seeing shares surge on reports of a $68.00 bid being considered by Germany’s Deutsche Boerse. The WSJ has ... Read Full Story »
Goldman Sachs raised Continental Airlines Inc. (CAL-NYSE) to Buy from Sell as the airline most likely to exceed estimates.Office Max (OMX) reiterated BUY with 22% upside compared to 8-10% downside ... Read Full Story »
ACGL cut to Hold at Stifel Nicolaus.ADO raised to Buy at UBS.AGP cut to Underperform at Jefferies.AGU cut to Hold at Citigroup.AHO raised to Neutral at JPMorgan.AYE raised to Outperform ... Read Full Story »
(ARLP) Alliance Resource $1.03 EPS vs $0.93e.(ASTM) Aastrom Biosciences initiates adult stem cell clinical trial for Peripheral Arterial Disease.(BCE) BCE says it will finish its strategic review for a targeted ... Read Full Story »
ADO raised to Buy at UBS.AGP cut to Underperform at Jefferies.AHO raised to Neutral at JPMorgan.AYE raised to Outperform at Wachovia.BMY raised to Buy at Deutsche Bank.CAL raised to Buy ... Read Full Story »
The stock charts for Siemens (SI), Apple (AAPL), and Hewlett-Packard (HPQ) look outstanding over the last year. All have outperformed the S&P, by a lot.The companies share one thing in ... Read Full Story »
Shares in Europe were higher at 6.20 AM.The FTSE rose .8% to 6,472. Barclays (BCS) was up .8% to 731. BP (BP) was 1.8% to 568. BT (BT) was up ... Read Full Story »
Reuters (RTRSY) is beginning to market a new piece of software tha scans the news. It can tell the difference between the good news and bad news about a public ... Read Full Story »
According to Reuters, Porsche made a below-market offer for control of VW. The smaller company believes that the offer will be rejected, but is required by law becase Porsche own ... Read Full Story »
Shares in Asia were mixed with Shanghai up sharply.The Nikkei was closed for Golden Week.The Hang Seng fell 1.1% to 20,307. China Life (LFC) was down 1.6% to 24.5. China ... Read Full Story »
Word around Wall St. is that Canadian car parts company Magna International (MGA) is the leader among companies that want to buy Chrysler from DaimlerChrysler (DCX). Magna already does parts ... Read Full Story »
The New York Times rans a breathless article about Silicon Vally start-up Vudu. The company makes an internet-ready set-top box that can deliver films from the company's 5,000 movie archive. ... Read Full Story »