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Daily Archives: October 7, 2007

Will One Of The Home Builders Go Bankrupt? (DHI)(HOV)(BZH)(PHM)

Posted: October 7, 2007 at 5:52 pm

The housing situation in the US may be getting bad enough so that one or more of the major home builders could face Chapter 11, especially if the downturn goes ...
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SAP (SAP) Buys Business Objects (BOBJ) For $6.8 Billion

Posted: October 7, 2007 at 4:09 pm

Enterprise software giant SAP (SAP) has agreed to buy Business Objects (BOBJ), a pioneer in business intelligence, for $6.8 billion or $59.35 a share. BOBJ closed at $50.27 on Friday.Douglas ...
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MSNBC Buys Newsvine

Posted: October 7, 2007 at 4:02 pm

The hard news television and online property MSNBC, a joint venture between Microsoft (MSFT) and the NBC Universal division of GE (GE) has just bought Newsvine, according to TechCrunch. Newsvine ...
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$100 Oil? China Crude Imports Up 18%

Posted: October 7, 2007 at 1:46 pm

China news agency Xinhua says that the country's imports of crude oil rose 18% in the first eight months of the year to hit 108.2 million tons. "From January to ...
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Will CEO Change At Sprint (S) Ruin Clearwire (CLWR)?

Posted: October 7, 2007 at 1:28 pm

Clearwire (CLWR), the WiMax IPO run by telecom legend Craig McCaw, has been up and down over the last six months. It hit $33 in July, but now trades closer ...
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Will Citigroup (C) Bail Out Northern Rock?

Posted: October 7, 2007 at 8:17 am

The Telegraph has a story indicating the Citigroup (C) may offer British mortgage company Northern Rock at $20 billion line of credit to remain independent and work itself out of ...
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