A huge number of home value appraisals may be wrong, with most of them being much too high. That is causing banks to back away from mortgages. A house that ... Read Full Story »
After essentially a near-decade of rumors, bids, rejections, and infighting, BEA Systems (NASDAQ: BEAS) is finally being acquired. The company has capitulated and Larry Ellison's empire is the winner.Oracle Corp. ... Read Full Story »
Former head and oustered Maurice "Hank" Greenberg according to an SEC filing is leading a campaign to do a total makeover at his AIG (NYSE:AIG). There is a problem besides ... Read Full Story »
Seagate Tech (NYSE:STX) has been a great performer today after it raised guidance. But it also noted strongly that it wasn't for sale. This is in the 48 hours after ... Read Full Story »
SanDisk (NASDAQ:SNDK) is expected to post earnings of $0.15 EPS on revenues of nearly $793 million, according to First Call. SanDisk usually offers guidance, and First Call pes next quarter ... Read Full Story »
Stock Tickers: WWWW, WSPI, GOOG, YHOO, EBAY, VRSN, AMZNWeb.com (WWWW-NASDAQ) last night finally made the right move, although they are doing it late and possibly with the wrong partner. The ... Read Full Story »
It is always a bit puzzling when you see a $600 million company make an acquisition of a company for $1.5 Billion. This morning, Finish Line (FINL-NASDAQ) has announced that ... Read Full Story »
Biomet, Inc. (BMET-NASDAQ) has recived and accepted a higher buyout price for shareholders. The company announced that it has unanimously recommended to shareholders an increased offer from a private equity ... Read Full Story »
There is a recent boutique research report from earlier in the week showing a list of potential private equity targets from a specialty brokerage firm that I was very positive ... Read Full Story »
The 24/7 Real Media (TFSM-NASDAQ) buyout price now looks silly after this premium that Microsoft (MSFT-NASDAQ) is paying to acQuire aQuantive (AQNT-NASDAQ). Lets forget about the percentage premiums and just ... Read Full Story »
Stock Tickers: AQNT, MSFT, GOOG, TFSM, YHOO, VCLKaQuantive Inc. (AQNT-NASDAQ) just recived a huge premium buyout by Microsoft (MSFT-NASDAQ). This is one that was a 50/50 chance of happening via ... Read Full Story »
Stock Tickers: TFSM, GOOG, MSFT, WPPGY, YHOO, AQNT, VCLK, TWX, IACI24/7 Real Media Inc. (TFSM-NASDAQ) is trading up 3.5% this morning on news that it has agreed to be acquired ... Read Full Story »
Stock Tickers: CME, BOT, ICE, ISE, NMX, NYX, NDAQThe Chicago Mercantile Exchange (CME-NYSE) decided it was not going to let the Chicago Board of Trade (BOT-NYSE) get acquired by The ... Read Full Story »
Alcoa (AA) has offered to buy Alcan (AL) for $73.25 in cash and stock with an actual breakdown of US$58.60 in cash and 0.4108 of a share of Alcoa common ... Read Full Story »