Valuation Of The New York Times Newspaper (NYT)
Everyone wants to buy a seat on the board of The New York Times Company (NYT). Morgan Stanley’s asset management arm made a run at it, and they were turned away. Capital Partners and…
Archive
Month: April 2008
All Month: April 2008 Articles
Newest first · Page 31Morgan Stanley (MS) CEO Clairvoyant As Usual
John Mack, who has run every investment bank on Wall St, and is now CEO of Morgan Stanley (MS) says the next few quarters will be tough for the financial markets. Mack believes the…
Devon Scores Major Gain On Sale of Equatorial Guinea Ops (DVN)
Devon Energy Corp. (NYSE: DVN) has reached an agreement to sell its oil and gas business in Equatorial Guinea to GEPetrol, the African country’s national oil company. The value of the transaction was listed…
Intel Capital’s New China Ventures Could See IPO’s (INTC)
Intel Corp. (NASDAQ: INTC) has announced full details for its venture capital arm’s Intel Capital global venture investment activities in China with the launch of a second China investment fund. The Intel Capital China…
WaMu Gets Takeunder Financing From TPG (WM)
Washington Mutual (NYSE: WM) has outlined its details of a financial aid or rescue finance package. The company is raising a total of $7 Billion via direct stock sales to an investment vehicle managed…
Goldman Sachs Makes Key Financial Calls (BEN, JNS, NYX, NDAQ, MET, FII, NITE, OZM)
Goldman Sachs has issued a call on its asset manager universe, and says it’s time to go on the offensive. Its rating on the group is now attractive. The bulge bracket brokerage leader has…
Nuance Makes Strategic Acquisition, Partly With O.P.M. (NUAN)
Nuance Communications, Inc. (NASDAQ: NUAN) has announced a dual-pronged deal this morning. It has signed an agreement to acquire eScription, a provider of computer aided medical transcription technology. The total consideration for this transaction…
Top 10 Pre-Market Analyst Calls (AAPL, GLW, FNM, FRE, JBL, KCI, LVLT, PCS, TWTC, WM)
These are the top individual analyst calls we are focusing on this Tuesday morning: Apple (NASDAQ: AAPL) Cut to Underperform from Market Perform at Morgan Keegan. Corning (NYSE: GLW) raised to Outperform at RBC…
Dell (DELL) Predicts A Good ’08
Michael Dell, CEO of Dell (DELL) predicted that 2008 would be a prosperous and profitable year for the company, even in the teeth of a recession. According to Reuters, the company will "expand its…
Auction-Rate Securites: A $20 Billion Legal Headache For Banks
Palm (PALM) took a $25 million write-off yesterday due to the falling value of the auction-rate securities on its balance sheet. Diamond, Kaplan, and Rothstein is the first law firm to file suit against…
The “AAA” Club: Why The Safest Companies Bet The Market
There are only six companies left with "AAA" ratings from both S&P and Moody’s. The are Automatic Data Processing (ADP), Berkshire Hathaway (BRK), GE (GE), Johnson & Johnson (JNJ), Exxon (XOM), and Toyota (TM).…
Detroit’s Newest Lifeboat: Exporting Cars From The US
The Big Three reason that if they cannot sell enough cars in the US, they can make them here and send them overseas. There new agreement with the UAW and a weak dollar make…
PC Makers Bet On Wee Computers (AAPL)(INTC)(DELL)(NOK)(RIMM)
The market for desktop PCs and notebooks gets more competitive by the day. Just ask Michael Dell of Dell (DELL). He has cut more people and plans to shut a facility in his hometown,…
Cheap Multiples For Legacy Airlines Flying To Bermuda Triangle (DAL, UAUA, AMR, NWA, CAL, LCC)
It’s that magic time of the economic cycle, all over again. Investors run screens galore for cheap stocks to hide money in during a consumer and credit recession. One group keeps showing up cheap…
Google (GOOG) Gives Away Storage, Until It Doesn’t
Google (GOOG) is launching a nifty new program. It allows programmers who use its Google App Engine to tap the company’s server infrastructure to store their work. That is until they want to store…