Microsoft (NASDAQ: MSFT) should have bought Facebook four years ago, when it might have had to pay only a few billion dollars. Since then, the social network has cruised past ... Read Full Story »
Greek citizens stage large protests. (Reuters) Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) could be affected when S&P updates its credit ratings on the world’s ... Read Full Story »
International nuclear energy firms have fanned out across the globe since the 11 March Fukushima nuclear accident in Japan to drum up new business, with two of their most lucrative ... Read Full Story »
Central banks are contributing to world gold demand. The latest data from the World Gold Council indicate even more changes among the nations holding the most in gold reserves. Those are ... Read Full Story »
Traders started off this morning on a bit of a selling spree, but for most of the morning the indexes were roughly flat. In the afternoon, however, selling picked up ... Read Full Story »
Yelp! Inc. has just filed for its initial public offering. The initial paperwork lists no terms but the preliminary amount is for up to $100 million. While the YELP ticker has ... Read Full Story »
As the price differential between WTI and Brent crude oil continues to narrow, with WTI rising and Brent falling, big oil companies should see a gain in their realized prices for crude. ... Read Full Story »
Though near-term growth visibility for its cancer vaccine Provenge remains cloudy, Seattle-based Dendreon (DNDN) could be an attractive takeover candidate – especially to a major pharmaceutical house seeking a unique ... Read Full Story »
The turnaround efforts of new Sears Holdings (NASDAQ: SHLD) CEO Lou D'Ambrosio have died almost before they started. Sears reported especially poor earnings for the quarter that ended October 31. The ... Read Full Story »
The last year or so has been good for IPOs in the biofuel and bioenergy sector. Beginning with Codexis, Inc. (NASDAQ: CDXS) in 2010, four other companies have successfully issued ... Read Full Story »
Angie’s List Inc. (NASDAQ: ANGI) is entering the world of public companies and the initial public offering raised $114 million. This is a consumer review website and it claims to have over ... Read Full Story »
The Mosaic Company (NYSE: MOS) is joining in on the stock buyback bandwagon. This is not a traditional share repurchase in the open market because the 21.3 million shares being ... Read Full Story »
The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned by ConocoPhillips Corp. (NYSE: COP) and reverse the pipeline's flow ... Read Full Story »
Crude oil is at $101.08, down 1.49% Gold is at $1,745, down 1.65%. Hong Kong’s Hang Seng closed down 0.76% to 18,817. Japan’s Nikkei closed lower by 0.20% to 8,480. The U.S. 10-year is at 2.01%, up 0.o1%. ... Read Full Story »