Ocean Power Technologies, Inc. (OPTT-NASDAQ) priced its IPO of 5,000,000 shares at $20.00, and IPO subscribers are probably wishing they would have been on vacation. Book-runners were UBS, Banc of ... Read Full Story »
Stock Tickers: ALK, KOMG, LUV, PWER, RACK, XPRSAThe market keeps putting in new highs, but that doesn't keep some of the down and dirties from sinking to 52-Week Lows (we ... Read Full Story »
You can watch the CNBC video interview here. Shortly after 2:00 PM EST I was a guest on CNBC disussing the Citigroup analyst call calling for General Electric (GE-NYSE) to ... Read Full Story »
Michael Dell sent a memo to the staff of the company he founded, Dell (DELL).According to The Wall Street Journal, it had some banal insights."The Direct Model has been a ... Read Full Story »
Caterpillar (CAT) has been up big lately, especially for a stodgy industrial the likes of CAT. It’s name has been dropped incessantly in the past few days when analysts talk ... Read Full Story »
Alex Taylor III, over at Fortune Magazine, has floated the old balloon that GM (GM) has too many divisions. Pontiac, Cadillac, Buick, Hummer, etc.Taylor's fundamental point is this: "Multiple brands ... Read Full Story »
Dendreon's short interest actually grew again in April from 26.4 million shares in March to 33.9 million shares. The short interest was listed as 16.8 million shares in February. That ... Read Full Story »
Peter Lynch tells us to buy what we know, and Starbucks (SBUX-NASDAQ) has become the company that anyone in the U.S. can easily get to know - simply by driving ... Read Full Story »
Citigroup's Jeffrey Sprague has issued a research note basically calling for General Electric (GE-NYSE) to partially break-up in Wall Street's "Quest to unlock shareholder value." They are calling for GE ... Read Full Story »
Sirius Satellite Radio (SIRI-NASDAQ) and XM Satellite Radio (XMSR-NASDAQ) are both up pre-market. Today it doesn't just look like it is the XM earnings pushing shares. UBS Investment Research has ... Read Full Story »
(ABT) Abbott Labs received positive EU opinion for Humira in Crohn’s treatment.(ARQL) ArQule and Kyowa Hakko Kogyo signed an exclusive license agreement in Asia for ARQ 197, c-met inhibitor in ... Read Full Story »
ABB raised to Overweight at Lehman.ALK cut to Underweight at JPMorgan.ALSK raised to Hold at Stifel Nicolaus.AMZN cut to Hold at Stifel Nicolaus.AMR cut to Neutral at JPMorgan.AVID cut to ... Read Full Story »
Apple's (AAPL) quarterly results were more than impressive. The company posted revenue of $5.26 billion and net quarterly profit of $770 million. This compared to revenue of $4.36 billion and ... Read Full Story »
Markets in Europe were down slightly at 5.50 AM New York time.The FTSE fell .5% to 4,639. Barclays (BCS) was up 1% to 726. BP (BP) was down 1.1% to ... Read Full Story »