Well, some one with a pen and paper thinks that Citigroup (C) may be taken over. According to FT blog site Alpahville, JP Morgan (JPM) may be just the folks to do it. The reasons the deal might get done…
By Douglas A. McIntyre
· 6:44pm ET It appears that the weakness being seen in many of the mobile handset makers isn’t really hurting Texas Instruments (NYSE: TXN). The company gave its mid-quarter update and narrowed its prior guidance…
It is no secret that the newspaper industry is in trouble and it might not be fair to only single out one individual CEO out of the whole industry. But Gary Pruitt…
Douglas A. McIntyre Force Protection (FRPT) Concerns about whether the company’s latest product will ever come to market. Recent IPO falls to $7.48 from $9.99. Spartan Motors (SPAR) No major news. Falls to $7.55 from…
Douglas A. McIntyre This week we expect the pricing of the Calssmates.com (NASDAQ:CLAS) parent Classmates Media Corp. IPO and partial spin-off from United Online (NASDAQ:UNTD). We have noted recently and before that this Classmates.com is not a…
NYSE Euronext has launched an unusual ETN. The Claymore CEF Index-Linked GS ConnectSM ETN (NYSE: GCE) began trading on the NYSE today. This is not a typical ETF (or actually an exchange traded notes…
The American Stock Exchange has launched trading in the Vanguard Extended Duration Treasury ETF (Amex: EDV). The "EDV" ETF is designed to track the performance of the Lehman Brothers Treasury STRIPS 20-30 Year Equal…
Lazard Capital Markets has maintained its sell rating on LDK Solar Co. (NYSE: LDK) despite a 22% rise in the stock today. LDK signed a 10-year "take or pay" contract to supply multicrystalline wafers…
According to recent numbers from comScore, CNET’s (CNET) News.com website has been losing audience. Unique visitors in August were 2.478 million. In October, that number fell to 2.045 million. Pageviews from News.com run about…
Celgene Corp. (NASDAQ:CELG) is seeing the price of its shares crushed today after trial results were shown on Sunday at the 49th annual American Society of Hematology (ASH) Meeting of Celgene’s drug Revlimid as…
MBIA Inc. (NYSE: MBI) has entered into a definitive agreement with global private equity firm Warburg Pincus to invest up to $1 billion in MBIA through a direct purchase of MBIA common stock and…
Normally, when McDonald’s (MCD) comes out with strong same-store sales and attributes some of its success to revenue from premium coffee, shares in Starbucks (SBUX) sell off. MCD did just that, saying that global…