Rumors are spreading that corporate telecom equipment maker Avaya (AV) may be for sale. The Wall Street Journal writes that the firm, which was once part of the old AT&T ... Read Full Story »
There has been a great deal of talk about Altria (MO) splitting its domestic and international tobacco operations. Standard and Poors recently mentioned that this might unlock some of the ... Read Full Story »
Alcan (AL) has become a hot property. First Alcoa (AA) tried to buy the company and was rejected. Over the last day, media reports indicated that Australia metals giant Rio ... Read Full Story »
The diesel engine was invented in 1892. The engines consume about 40% less fuel per mile than standard gasoline engines, but are not popular with US drivers because they accelerate ... Read Full Story »
For companies like Nokia (NOK) and Motorola (MOT) handsets are becoming a commodity product. In the last quarter, the average selling price of a Motorola phone dropped 14% from the ... Read Full Story »
According to Reuters, Australian metals company Rio Tinto (RTP) is considering a bid for Alcan (AL).Reuters writes that a delegate from OPEC said that there was not reason to raise ... Read Full Story »
Markets in Asia rose with Shanghai up over 2%.The Nikkei rose .6% to 17,588. Toyota (TM) rose .3% to 7300. Sharp rose 2.2% to 2305.The Hang Seng rose a fraction ... Read Full Story »