The PC industry’s race to create smaller and smaller computers to stave off competition from smart phones has begun to backfire. Intel (INTC) has started making tiny, energy-efficient chips to power the new machines…
Probably the worst thing that ever happened to Starbucks (SBUX) was when McDonald’s (MCD) went into the premium coffee business. Consumer Reports even rated the fast food chain’s java ahead of the sludge that…
Swiss drug company Roche is trying to steal the part of biotech company Genentech (DNA) that it does not already own. Roche has offered to buy the 45% of DNA that belongs to public…
According to Reuters, Roche has offered to buy-out Genentech (DNA) for $42.7 billion. Retuers reports that one of Yahoo!’s (YHOO) activist investors has called for a compromise which would put some of Carl Icahn’s…
Apple may be the most extraordinary technology company of the last two decades. It has introduced three products: the Mac, which took years to become a financial success; the IPod, arguably the most fantastic…
Stocks in a number of airlines rose over 40% last week with some, including AMR (AMR) moving up over 50%. The price of oil sold off sharply enough to warrant some of the improvement…
Executives at Time Warner (TWX) can enjoy their time this summer at their mansions and on their yachts. The company’s Warner studio’s latest film, "Dark Knight", part of the Batman series, has taken in…
The old saw is that the Federal Reserve cannot battle inflation and recession at the same time. If true, it would appear that more agency governors are opting for letting an economic downturn run…
If Citigroup (C) chairman Win Bischoff is right, then his bank and the US economy are going to be cornered by a deepening recession for the next two years. According to Reuters, the Citi…
Carl Icahn never really made much of a case for what he would do if he could not sell all or part of Yahoo! (YHOO) to Microsoft (MSFT). He wanted Yahoo! shareholder to support…
All the news from Apple (AAPL) is good. Recent Gartner and IDC data show the Mac outselling PC products from Dell (DELL) and HP (HPQ). The iPhone sold one million units in its first…
Its Friday, and despite a fairly stable market today there were of course many 52-week lows. Some look like a mid-city explosion from news, and some are just the normal selling. As a reminder,…
Investors holding Apple Inc. (NASDAQ; AAPL) and traders alike are all eagerly going to be waiting for Monday’s (July 21) earnings release after the close. We would warn you ahead that First Call estimates…
If you follow the death care industry, the one name you probably know is Service Corp. International (NYSE: SCI). There is a second tier small player that many haven’t heard of named Carriage Services…
Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR) are both trading higher pre-market on reports that the last FCC commissioner will back the merger if the companies agree to…