Online travel hub operator Orbitz did price its IPO of 34 million shares at a price of $15.00 per share. Orbitz will trade under the "OWW" ticker on NYSE. Unfortunately ... Read Full Story »
According to TechCrunch, the EU has decided to fund a new search engine business called Theseus. The German government is putting up an extraordinary $165 million. The Associate Press writes ... Read Full Story »
One of the pieces of information buried in Microsoft's (MSFT) earnings report was the improvement in the company's online businesses, primarily made up of MSN and Live Search.Revenue in that ... Read Full Story »
The head of Qualcomm (QCOM), Paul Jacobs, has worn out his welcome. His father founded the company, so it may be hard to get him out. But, the board has ... Read Full Story »
Stock Tickers: AMD, SMH, TXN, TER, ADI, LSI, MU, CY, NSM, TSM, STM, IFXTech stocks kept rising from June to July, yet the short sellers were beligerent. They must have ... Read Full Story »
GM (GM) may not be doing well in the US, but overseas is a different matter. While the big US car company sold slightly few units in Q2 than rival ... Read Full Story »
Markets in Europe were off slightly at 5.55 AM New York time.The FTSE fell .1% to 6,634. BT (BT) was up .2% to 331.25. Vodafone (VOD) was down .5% to ... Read Full Story »
If you look at the conglomerate short selling despite the actual rise in NYSE short selling, it appears that the short sellers finally decided that these large cap and mega-cap ... Read Full Story »
Below are key short interest statistics for July. The figures are as of July 13 compared to June 15, 2007Largest Short PositionsCompany ... Read Full Story »
According to Reuters, Bernanke believes that subprime losses could hit $100 billion.Reuters writes that GM (GM) closed the gap between itself and Toyota (TM) for total unit sales in Q2.Reuters ... Read Full Story »
Markets in Asia rose.The Nikkei was up .2% to 18,157. Canon (CAJ) rose 1.8% to 7300. Honda (HMC) rose 1.8% to 4550. Docomo (DCM) fell 1.1% to 181000. The Hang ... Read Full Story »
After looking through Google (NASDAQ:GOOG) earnings commentary and after listening to much of the conference call replay, it became quite clear that the company biggest miss on earnings wasn't the ... Read Full Story »