A large shareholder in wireless software provider Openwave (OPWV) has offered to take a majority interest in the company, but for an amount less than where the shares have been ... Read Full Story »
Stock Tickers: JPM, STI, USB, NCC, STT, BAC, C, WFC, BKThe short interest for MAY 2007 is out., and there is notreally any trend in the large money-center and super-regional ... Read Full Story »
Stock Tickers: XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYLThe short interest for MAY 2007 is out. We noticed an increase in the number of shares ... Read Full Story »
With both Home Depot (HD) and Lowe's (LOW) reporting numbers in the past two weeks after the dust has settled, what should you do? After all, both have disappointed with ... Read Full Story »
Stock Tickers: AMD, TXN, LSI, MU, NSM, CY, IFX, ADI, STM, TSM, SMHThe Semiconductor HOLDRs Trust (SMH) pretty much says it all, although many of the components in that are ... Read Full Story »
XM Satellite (XMSR) has an outage that covers a number of its subscribers, but no one knows how many for certain. It is a clever way to convince the FCC ... Read Full Story »
(AVNC) Advancis Pharmaceutical announces FDA acceptance of its new drug application for Amoxicillin Pulsys.(BJ) BJ’s Wholesale $0.20 EPS vs $0.20e.(CSCO) Cisco Systems is acquiring private BroadWare Technologies for an undisclosed ... Read Full Story »
AIV raised to Outperform at Wachovia.AQNT cut to Neutral at UBS.ARQL started as Buy at Cantor Fitzgerald.ASN raised to Outperform at Wachovia.BDK started as Sell at B of A.BXP raised ... Read Full Story »
According to The New York Post, Home Depot (HD) is having trouble selling its supply business, HD Supply. The slowdown in the housing market is hurting the company's efforts to ... Read Full Story »
Markets in Europe were mixed at 6.05 AM New York time.The FTSE fell .1% to 6,630. BP (BP) was down 1% to 584. BT (BT) was up 1.5% to 211.75. ... Read Full Story »
GlaxoSmithKline (GSK) is in a world of hurt. The Cleveland Clinic’s Steven Nissen suggests that Avandia, known generically as rosiglitazone, raises the risk of heart attack, in an analysis of ... Read Full Story »
Bank Raymond James believes that now that Alltel (AT) has been sold to private equity interests, Sprint (S) will be next. Not a chance.There are several reasons that the ownership ... Read Full Story »
Amazon (AMZN) hit a seven year high of $68.68, which puts it up over 50% for the last month. A number of investors on Wall St. think it has gone ... Read Full Story »
Below are the major short positions and changes for the period measured on May 15 compared to April 13, 2007Largest Short PositionFord ... Read Full Story »
According to Reuters, the FDA will weigh the risks of GlaxoSmithKline (GSK) diabetes drug Avandia. On Monday, a medical journal reported risks related to the drug. Reuters writes that Halliburton ... Read Full Story »