Sanford C. Bernstein & Co. analysts want Yahoo! (YHOO) management to break-up the company, and believe that such a move would create a $39 price for shareholders. The stock now ... Read Full Story »
When JC Flowers waked away from its $60 bid for Sallie Mae (SLM) and then returned with a lower bid, Wall St. questioned whether the company's board had any recourse. ... Read Full Story »
Markets in Europe were mixed at 6.20 AM New York time.The FTSE rose .3% to 6,566. BP (BP) was up 1.8% to 572.5. Nothern Rock was down 3.6% to 155.9. ... Read Full Story »
It appears that the group lead by Royal Bank of Scotland has won the right to buy bank ABN Amro (ABN) for $101 billion. RBS and buy-out partners Fortis and ... Read Full Story »
For Pfizer, it has been a long and painful fall. In early 2004, its shares were just below $39. It was the age of Big Pharma. Most of the big ... Read Full Story »
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber.Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop ... Read Full Story »
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber.Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop ... Read Full Story »
Markets in Asia were mixed.The Nikkei fell .2% to 17,065. Casio fell 19.1% to 1272. Softbank rose 5.4% to 2360. Yahoo Japan rose 4.1% to 51000.The Hang Seng rose 2.4% ... Read Full Story »