Citigroup (C) To Raise $11 Billion?
Citigroup (C) may be looking at another $7 billion in write-offs and will probably have to raise $11 billion in new capital. If Morgan Stanley’s analysis about the big bank is right, Citi shareholders…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 179XM Takes on More Debt Refinancing Ahead of Merger (XMSR, SIRI)
It has been known that mandatory debt refinancing was coming down the pipe for both XM Satellite Radio Inc. (NASDAQ: XMSR) and for Sirius Satellite Radio inc. (NASDAQ: SIRI). We have now seen the…
Skeptical Ahead of Microsoft’s Analyst Meeting? (MSFT)
Today is the Financial Analyst Meeting for Microsoft Corporation (NASDAQ: MSFT). This will run from 11:30 AM EST to 6:55 PM EST and it is open to the public. The good news is that…
Montezuma Visits Chipotle Shareholders (CMG, MCD)
Chipotle Mexican Grill, Inc. (NYSE: CMG) has been one of the greatest spin-off stories around in the restaurant sector this decade. McDonald’s (NYSE: MCD) spun this company off in an IPO back in early…
Did SemGroup Drive the Fall in Crude Prices? (SGLP, TYG, TYN, TYY)
Late yesterday afternoon, a bankruptcy court in Delaware has approved SemGroup LP’s Chapter 11 filing. One of the company’s subsidiaries, SemGroup Energy Partners LP (NASDAQ:SGLP), is publicly traded and not included in the bankruptcy…
GT Solar IPO Timing: Genius or Insanity? (SOLR)
The IPO market might be dead of late, but we did get an IPO pricing for trading this morning. GT Solar International Inc. (NASDAQ: SOLR) did raise approximately $500 million in this pricing. Its…
First Solar Commits to PV McFactory for Sempra in Nevada (FSLR, SRE)
First Solar, Inc. (NASDAQ: FSLR) announced that the company will construct a 10 megawatt photovoltaic (PV) power plant for Sempra Generation near Boulder City, Nevada. Sempra Generation is a unit of San Diego, California-based…
Sirius & XM Confirm FCC Discussions, With Caveats (XMSR, SIRI)
XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) and SIRIUS Satellite Radio (Nasdaq: SIRI) have come out with a release confirming that the companies are in discussions with the Enforcement Bureau of the FCC to…
GE Makes a Health Care Acquisition (GE, VITL)
Vital Signs Inc. (NASDAQ: VITL) is going to gap way up this morning. The company is being acquired by General Electric Co. for $860 million in cash, which comes to $74.50 per share. Vital…
Top Pre-Market Analyst Upgrades (APD, C, HBAN, MEOH, WFR, PPDI, SANM, SPG, WBS)
These are some of the top pre-market analyst Upgrades and positive calls we are seeing this Thursday Morning: Air Products (APD) Raised to Overweight at JPMorgan. Citigroup (C’) raised to Equal Weight at Morgan…
Top Pre-Market Analyst Downgrades (ADP, T, BA, CTL, CMG, CTXS, COST, MCD, SWIR, TCB, TJX)
These are some of the top pre-market analyst Downgrades and negative calls we are seeing this Thursday Morning: Automatic Data Processing (ADP) Cut to Equal Weight at Morgan Stanley. AT&T (T) Cut to Neutral…
Ford (F): All The Good News Overseas
The headlines about Ford’s (F) second quarter will all be about its $7.8 billion loss. Most of that red ink is for asset impairments and does not directly address how the core operating businesses…
Oil In The Land Of The Arora Borealis
After four years of poking around in the Arctic Circle, the U.S. Geological Survey found that about 20% of the world’s untapped oil is there beneath the ice. Of course, that ice is melting…
The Biggest IP Battle On Earth Reaches A Truce (QCOM)(NOK)
Wall St. cannot underestimate the extent to which the intellectual property battle between Nokia (NOK) and Qualcomm (QCOM) has created a log-jam that has held back advances in the world of the wireless internet.…
Microsoft’s (MSFT) Internet Gladiator Leaves The Arena As The Company Fights On
At most companies, if the head of a major division which has been under pressure leaves the firm, it is considered bad news. Microsoft (MSFT) is probably an exception.