Asia Markets 4/7/2008 (LFC)(PTR)
Markets in Asia rose. The Nikkei was up 1.2% to 13,450. KDDI was up 4.1% to 691000. NEC was up 4% to 421. The Hang Seng rose 1.1% to 24,534. China Life (LFC) rose…
Archive
Month: April 2008
All Month: April 2008 Articles
Newest first · Page 34An AMR (AMR) Bankruptcy: The Perversion Of The Airline Industry
In all industries staying out of Chapter 11 is a badge of honor. The sole exception to that is the airline business where bankruptcy is embedded in the culture like ticks are on the…
Why No One Wants Delphi?
When Appaloosa Management pulled out a $2.55 billion equity deal to support Delphi in its exit from Chapter 11 the reason given was that an increasing investment by GM (GM) would give the car…
Nvidia (NVDA) Falls Off The Map
Over the last three months, shares of Nvidia (NASDAQ: NVDA) have dropped almost 40%. Chipmakers AMD (NYSE: AMD) and Intel (NASDAQ: INTC) have traded fairly flat over the same period. AMD has been heavily…
How Bad Could Yahoo!’s (YHOO) Quarter Be?
Jerry Yang and other Yahoo! (NASDAQ: YHOO) management have said that the portal company will make its forecasts for Q1 08. But, those numbers fall within a range and are not based on a…
Take-Two’s (TTWO) “Grand Theft Auto IV” Sales May Take Stock Above Electronics Arts (ERTS) Bid
Electronic Arts (NASDAQ: ERTS) has been trying to get investors in Take-Two Interactive NASDAQ:(TTWO) to view its takeover bid of $26 a share as the best deal in town. TTWO is making the case…
Russia/Eurasia Fund IPO Withdrawn, After More Than 10 Years (BEN, TRF, TDF)
Late Friday there was an interesting form "RW" filed with the SEC for a "withdrawn securities registration." There was an original filing to bring Templeton Russia/Eurasia Fund public via an initial public offering in…
SPAC IPO FILING: CR Acquisition Corp.
CR Acquisition Corp. is another special purpose acquisition company, or SPAC, that has filed on Friday after the market close to come public via an initial public offering of $150,000,000 via the sale of…
OPEC: No Meeting Before Septemeber
If the US government is counting on help from OPEC, the can forget it. The current Administration has gone to the desert on hand and knee and begged for an increase in production is…
Greenspan, Behind The Times, Sees 50%+ Risk Of Recession
If Alan Greenspan was a visionary at any point in his life, those days are behind him. According to Reuters, the aging former Fed chairman says there is more than a 50% chance that…
Microsoft Adds Pressure to Yang & Yahoo! Board (MSFT, YHOO)
Yesterday we noted that Microsoft (NASDAQ: MSFT) may be close to either lowering its bid or taking other actions in its attempt to acquire Yahoo! (NASDAQ: YHOO). Now the facts are out. Steve Ballmer…
Skybus: Another Airline Closes (AMR)(NWA)(DAL)(UAUA
Skybus became the latest US airline to close its doors. Over the last week Aloha Airlines and ATA have also shut down. Northwest (NYSE: NWA) announced that it would raise passenger fares in the…
NYSE Short Interest Hits Record, Bets Against Financials Drop
The short interest in NYSE stocks hit a record for the March 31 period. The number compare to those on March 14. Shares short in banks and brokerages began to drop. Short interest in…
Microsoft Could Walk Away From Yahoo!, Or Drop Offer (YHOO, MSFT)
The heat between Microsoft (NASDAQ: MSFT) wanting to acquire Yahoo! (NASDAQ: YHOO) may be cooling. Or it may just be a negotiating tool to show Jerry Yang that he’s up the creek with no…
The 52-Week Low Club (FHN)(DMAN)(MESA)(RVBD)
First Horizon Natl (FHN) Analyst cuts regional bank stocks. Down to $13.67. from 52-week high of $41.46. Demandtec (DMAN) Issues poor outlook for the year. Sells off to $6.65 from 52-week high of $20.55.…