Playboy Enterprises, Inc. (NYSE: PLA) has been in talks to go private for some time. It appears to be happening. The company just announced this morning that Icon Acquisition Holdings, ... Read Full Story »
It seems that the bid by Hugh Hefner and Rizvi Traverse may already have issues. While some law firms announced "investigations" into whether the terms were fair, it seems at ... Read Full Story »
Playboy Enterprises, Inc. (NYSE: PLA) saw its shares hit a 52-week high today, although long-term shareholders who were in before the last two years are still finding themselves in the ... Read Full Story »
Reuters: China said nothing about the US delay of currency manipulations charges. Reuters: Office vacancy rates hit a 16-year high. Reuters: CEO pay is down from last year and Ellison ... Read Full Story »
Updated throughout the day. Citigroup (NYSE:C) will be able to avoid about $38 billion in taxes under an agreement with the government (Washington Post) Playboy's (NYSE:PLA) buyout talks with Iconix have fallen apart ... Read Full Story »
The deal to save Playboy (NYSE:PLA), which has been in decline for years, appears to have fallen apart. Iconix Brands wanted the Playboy brand, one of the most visible in ... Read Full Story »
Reuters: Galleon's Raj Rajaratnam was indicted for securities fraud. Reuters: Concerns about interest rates hurt the markets. Reuters: Inconix broke off buyout talks with Playboy (NYSE:PLA). Reuters: Credit Suisse (NYSE:CS) settled ... Read Full Story »
Updated throughout the day. Playboy (NYSE:PLA) may outsource many of its publishing operations. (WSJ) Cadbury (NYSE:CBY) may counter the Kraft (NYSE:KFT) big by making an offer for Kraft's confectionery business. (NYPost) Palm ... Read Full Story »
Reuters: Hewlett-Packard's (NYSE:HPQ) profit was up 14% and the company will triple its share buyback. Reuters: Banks have been asked to give their TARP repayment plans to the government. Reuters: Rich people ... Read Full Story »
These are this morning's top day trader and active trader alert stocks. More detailed analysis and data has been offered via a link to each story at VSInvestor.com: Abercrombie & ... Read Full Story »
3Com Corp (NASDAQ: COMS) rose over 30% to a yearly high of $7.52 after Hewlett-Packard, the PC maker, announced plans to buy 3Com for $2.7 billion. Advanced Micro Devices Inc. ... Read Full Story »
Updated throughout the day. Update: The rapidly falling dollar is causing Asian importers of small cars to lose money on most vehicles and will force European luxury auto companies to ... Read Full Story »
Playboy Enterprises Inc. (NYSE: PLA) is sitting in a tough spot. This morning there is a report that the company has the bunny franchise up for sale. We have looked ... Read Full Story »
According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will ... Read Full Story »
According to Reuters, The Tribune Company filed for Chapter 11.Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans.Reuters reports that ... Read Full Story »