In a move that is difficult to fathom, AMD (AMD) has put $7.5 million into preferred stock at Transmeta (TMTA). The stock is up 50% on the news to over ... Read Full Story »
In a new research note this morning, Goldman Sachs has reacted to the negative news on the recall and warranty charges on Microsoft's (MSFT-NASDAQ) Xbox 360. This is after the ... Read Full Story »
BP raised to Buy at Deutsche Bank.BRG raised target at Deutsche Bank.CACH started as Neutral at JP Morgan.DCEL cut to Hold at Jefferies.HLT downgraded at Jefferies, Citigroup, and at Susquehanna.MSFT ... Read Full Story »
The head of Nestle told the FT that long-term food prices were going up, perhaps sharply. He indicated that demand in China and India were one component this trend, and ... Read Full Story »
Markets in Europe were up at 6.30 AM New York time.The FTSE rose .6% to 6,674. Barclays (BCS) rose 1.2% to 718.5. The DAXX was up .3% to 8,011. SAP ... Read Full Story »
The Wall Street Journal reports that hackers have made their way into the Apple (AAPL) iPhone and done some work to get certain features to work without an AT&T (T) ... Read Full Story »
Rio Tinto (RTP) has hired Credit Suisse and Deutsche Bank to help it make a run at Alcan (AL). Alcan's aluminum rival Alcoa (AA) has been trying to set up ... Read Full Story »
Through most of this year, Yahoo! (YHOO) shares have outperformed Google's (GOOG). At two points over the period, Google was flat for the year and Yahoo! was up over 30%. ... Read Full Story »
The market's reaction to the $1.1 billion of warranty charges that Microsoft (MSFT) is taking for defective Xbox hardware may have missed the point. The charge covers about 13 billion ... Read Full Story »
According to Reuters, Advanced Medical Optic (EYE) has made a $4.23 billion bid forBausch & Lomb (BOL).Reuters writes that UBS has replaced its CEO after loses at it hedge fund.The ... Read Full Story »
Markets in Asia were mixed.The Nikkei fell .4% to 18,141. Canon (CAJ) fell 1.1% to 7200. Hitachi (HIT) fell 1.5% to 875. Sony (SNE) rose 1.2% to 6540. 'The Hang ... Read Full Story »
Stock Tickers: GE, AA, INFY, YUM, DNA, MAR, BOT, CMENext week is the official launch of earnings season, although as you will tell even though the stocks are important there ... Read Full Story »