BEA Systems (BEAS) want portential buyer Oracle (ORCL), which has offered $17 a share, to know that the company is worth $21. Why is it worth so much? Because Goldman ... Read Full Story »
Analysts expected XM Satellite (XMSR) to loss $.44 on $287 million in revenue.Revenue for the 2007 third quarter increased approximately 20 percent year over year to $287 million compared to ... Read Full Story »
(AET) Aetna $0.97 EPS vs $0.91 est.(ALGN) Align Technology traded down 20% after earnings beat but lower guidance.(BDK) Black & Decker $1.59 EPS vs $1.44 est.(BG) Bunge $2.70 EPS vs ... Read Full Story »
ACV started as Mkt Perform at Wachovia.AVP started as Outperform at Wachovia.CHD started as Mkt Perform at Wachovia.CHTT started as Mkt Perform at Wachovia.CL started as Outperform at Wachovia.CLX started ... Read Full Story »
Analysts expected EPS of $.18 from Comcast (CMCSA) based on $7.76 billion in revenue.For the third quarter, revenue moved up 21% to $7.781 billion. EPS hit $.18. Operating cash flow ... Read Full Story »
Below are the short positions for major companies traded on the Nasdaq as of October 15. The figures compare to numbers on September 28, 2007Traders bet big on Sun's turnaround, ... Read Full Story »
Motorola (MOT) said that third-quarter net profits fell to $60 million, or 3 cents a share, from $968 million, or 39 cents a share, a year earlier. The average ... Read Full Story »
Markets in Europe were up sharply at 6.15 AM New York time.The FTSE rose 1% to 6,548. British Air (BAB) rose 2.7% to 435. BT (BT) rose 1.9% to 314.5. ... Read Full Story »
The Associated Press writes that "China's economy grew by a stunning 11.5 percent in the third quarter, slowing slightly but staying on track to overtake Germany as the world's third-largest ... Read Full Story »
Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey. That ... Read Full Story »
According to The New York Times "economists say the troubles in the mortgage market could, all told, cost financial firms and investors up to $400 billion." The figure includes losses ... Read Full Story »
Nintendo had another monster quarter. Group net profit soared to ¥132.42 billion ($1.16 billion) in its fiscal first half from ¥54.35 billion a year earlier. Group sales more than doubled ... Read Full Story »
According to The Wall Street Journal: "Sony posted a group net profit of ¥73.7 billion ($645 million) in its fiscal second quarter, compared with ¥1.7 billion a year earlier."The company's ... Read Full Story »
According to Reuters, profits rose at Sony (SNE) driven by camera sales.Reuters writes that Google (GOOG) held a day with analysts and the press to show off its new technology ... Read Full Story »
Markets in Asia were mixedThe Nikkiw fell .5% to 16,285. Canon (CAJ) fell 2.6% to 5580. Sony (SNE) fell 1.4% to 5110. Toyota (TM) fell 1.5% to 5950. Yahoo Japan ... Read Full Story »