Microsoft (MSFT) And Yahoo! (YHOO) Meet
Microsoft (MSFT) and Yahoo! (YHOO) management met this week to discuss a possible merger. Redmond made it clear that it would not raise its bid, according to The Wall Street Journal. Everyone left the…
Archive
Month: April 2008
All Month: April 2008 Articles
Newest first · Page 36Media Digest 4/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters,US non-farm pay-rolls are likely to fall by 60,000. Reuters reports that Fed official are playingt down rate cut expectations. Reuters writes that the ex-ceo of UBS (UBS) wants to breakup the…
Asia Markets 4/4/2008 (HMC)(DCM)
Many markets in Asia were closed for a holiday. The Nikkei was down.7% to 13,293. Honda (HMC) was down 5.2% to 2920. KDDI was up 3.1% to 664000. Docomo (DCM) was down 2.5% to…
Housing Prices Plunge In Sodom And Gomorrah
Housing prices are down across the US. Perhaps it is appropriate that it is in the world’s capital of gambling that they are down the most. According to Bloomberg, home prices in "Las Vegas…
Breaking Up UBS (UBS)? The Most Complex Job In The World
Revenge is a dish best served cold. The former CEO of UBS (UBS), pushed out by the bank’s current chairman, has suggest that the huge financial firm be broken up. According to The Wall…
Sugar, Inc.: The Twenty-Five Most Valuable Blogs
After 24/7 Wall St. published the Twenty-Five Most Valuable Blogs we decided to look at some niche content sites which compete with blogs and should have similar valuation data. Sugar, Inc runs seventeen websites.…
After Disappointing Report, Is Lawson Still Potential Merger Bait? (LWSN)
Lawson Software (NASDAQ: LWSN) may be in a strange spot now as the enterprise software and consultant firm issued earnings. The company posted earnings of $0.08 EPS on a non-GAAP basis on an 11.3%…
The 52-Week Low Club (PPC)(DEEP)(EMDA)(XRIT)
Pilgrim’s Pride (PPC) Rising commodities prices will pinch margins. Falls to $18.51 from 52-week high of $41. Superior Offshore (DEEP) Still concerns about solvency. Down to $1.15 from 52-week high of $19.58. Equity Media…
Motivation Behind Dendreon’s $47 Million Capital Raise (DNDN)
After looking through the filing and press release regarding Dendreon Corporation (NASDAQ: DNDN), there are some interesting data points that could be a game changer for current and future investors. The company raised roughly…
Credit Trouble Bites Consumers Hard
Sometimes it takes experts a quarter or two to catch up with the real world. The American Bankers Association reports that during the fourth quarter of last year consumer credit payments fell behind more…
Garmin Guidance Priced In, But PND Sector & Merger Issues Persist (GRMN, NVT, TRMB, NOK)
Garmin Ltd. (NASDAQ: GRMN) already saw the wrath of traders today after its CFO told Reuters in an interview that the revenue drop on a sequential basis (quarter/quarter) would see a drop of 40%…
Medarex Says Forget Pfizer, Its Own Melanoma Study Continues (MEDX, PFE, BMY)
Medarex, Inc. (NASDAQ: MEDX) wants to clarify a few issues regarding the study halt from Pfizer (NYSE: PFE) this week on advanced melanoma. The company says that there are key differences between Pfizer’s discontinuing…
Fed Puts Spies At Brokerage Firms (GS)(MS)(BSC)(MER)(LEH)
The Fed does not want to see all the money it has give to brokerages in exchange for lousy paper to go down the toilet so it has stationed its own personnel in the…
eBay Scores Merrill Lynch Upgrade (EBAY)
eBay, Inc. (NASDAQ: EBAY) shares are trading higher in pre-market activity this morning after Merrill Lynch issued an upgrade today. The brokerage firm raised its rating from Neutral to Buy. Merrill Lynch believes that…
MEMC Warning (WFR)
MEMC Electronic Materials (NYSE: WFR) is seeing shares spanked this morning. The company has issued downward guidance with Q1 revenues of about $500 million. The problem is that previous guidance was $560 million and…