The market seems to think that Carl Icahn does not have the votes to get onto the Motorola (MOT) board. At least that is what the share price is saying. ... Read Full Story »
Johnson & Johnson's (JNJ) new drug coated stent did not cut it. The experimental drug-coated stent failed to meet its primary goal in a study, according to Reuters. "The CoStar ... Read Full Story »
Armor Holdings (AH) which makes tactical wheeled vehicles, security products and vehicle armor systems serving military, law enforcement, and homeland security markets is being bought by BEA Systems for $88 ... Read Full Story »
Shutterfly (SFLY-NASDAQ) has scored a digital photo pact with Target (TGT), where Target customers will be able to use the Shutterfly digital photo storage, printing, and ordering systems. The pact ... Read Full Story »
Dell (DELL) has hooked up with the Microsoft (MSFT) partnership with Linux software provider Novell (NOVL). The purpose of the original alliance was to marry Microsoft Windows and the competing ... Read Full Story »
AMRI raised to Buy at Jefferies.ARUN started as Overweight at Lehman; started as Sector Perform at RBC.CHE raised to Buy at Deutsche Bank.CMOS cut to Neutral at Merriman Curhan Ford.CWT ... Read Full Story »
Alcoa (AA) has offered to buy Alcan (AL) for $73.25 in cash and stock with an actual breakdown of US$58.60 in cash and 0.4108 of a share of Alcoa common ... Read Full Story »
Starbucks (SBUX) is not going to realize its dream of having 40,000 stores. You read it here first.Starbucks (SBUX) currently has about 14,000 stores, and its same store sales grew ... Read Full Story »
Markets in Europe were mixed at 6.30 AM New York timeThe FTSE was closed for a holiday.The DAXX rose .1% to 7,522. DaimlerChrysler (DCX) fell .8% to 60.62. DeutscheBank (DB) ... Read Full Story »
Based on media reports, Yahoo! (YHOO) has decided not to pursue talks about being acquired by Microsoft (MSFT), even though the premium could be in the $34 range (or more). ... Read Full Story »
According to Reuters, ABN Amro (ABN) got a $24.5 million offer from a group lead by Royal Bank of Scotland.Reuters reports that Goldman Sachs (GS) will buy an asset management ... Read Full Story »
Markets in Asia were sharply higher.The Nikkei rose 1.6% to 17,670. Canon (CAJ) was up 4.1% to 7090. Honda (HMC) was up 1.7 to 4110. NTT (NTT) was up 3.2% ... Read Full Story »