Vical, Incorporated (NASDAQ: VICL) has been awarded a $2 million Phase II small business technology transfer grant from the US National Institute of Allergy and Infectious Diseases department from the National Institues of Health.…
There are other analyst calls affecting shares this morning, but these are ten of the top calls that we are focusing on this Thursday in pre-market trading:AFLAC (NYSE: AFL) cut to Neutral from Buy…
AT&T (T) has indicated that it will ship phones with the Google (GOOG) Android operating system. That may happen later this year. The news is bad for Yahoo! (YHOO) which has the search engine…
Markets in Europe were slightly lower at 6.50 AM New York time. The FTSE was off .4% to 5,895. Barclays (BCS) was off 2.9% to 489.5. British Air was down 3% to 240. The…
Go to an AT&T (T) store. You can still get a Blackberry from Research In Motion (RIMM) for under $300, especially if you press the guy behind the desk. Blackberry had a quarter most…
A federal judge has approved an investigation into the lending practices of Countrywide (CFC). The mortgage company may have, among other things, charged borrowers large, unjustified fees. That was after they were given loans…
The bets that companies will default on their debts is rising. Financials which own junk bonds or have financed junk deals will be on the hook. One S&P executive told Bloomberg “The markets are…
Live Nation (LYV) is about to sign over $150 million to rapper and serial business start-up master Jay-Z. For the privilege the NYSE listed company gets a piece of all Jay-Z’s business enterprises over…
At Aloha Airlines the reason for Chapter 11 was high fuel costs and too much competition. Overnight ATA Airlines went into bankruptcy because it lost a key military contract. As the reasons add up,…
According to Reuters, The Treasury said that regulators saved Bear Stearns (BSC) to help the markets. Reuters writes that Sony (SNE) will cut costs and boost order to fight the strong yen. Reuters writes…
Markets in Asia rose. The Nikkei was up 1.5% to 13,390. Hitachi was down 1.9% to 613. KDDI was up 3.7% to 6444000, The Hang Seng rose 1.8% to 24,278. China Life (LFC) rose…
Research In Motion (NASDAQ: RIMM) was up 5% after hours. That says it all, but some may want details. RIMM released earnings today after the close and the PDA/Smartphone maker of Blackberry phones reported…
Cypress Sharpridge Investments, Inc. (NYSE: CYS) has filed to come public in an effort to raise capital. The company will operate as a REIT and plans to invest all of its new capital exclusively…
Superior Offshore (DEEP) Company warns of liquidity problems. Down to $1.20 from 52-week high of $19.58. Medarex (MEDX) Pfizer ends joint drug trial. Sells off to $7.44 from 52-week high of $18.23. Crocs (CROX)…
Shares of Packeteer Inc. (NASDAQL PKTR) are up well over 10% on a buyout offer today. Packeteer already rejected this buyout offer, and in fact it went and adopted a poison-pill provision. The buyout…