Archive

Year: 2008

All Year: 2008 Articles

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Progress Acquires IONA Technologies (PRGS, IONA)

Progress Software Corporation (NASDAQ: PRGS) and IONA Technologies plc (NASDAQ: IONA) are going to see active trading today.  Progress is acquiring IONA in a cash buyout of $162 million and approximately $106 million net…

Douglas A. McIntyre · 18 years ago

Monsanto Beats, But Not Enough (MON)

Monsanto Co. (NYSE: MON) has just reported its quarterly earnings report.  The agriculture and seed giant has posted $1.45 EPS on $3.588 Billion in total sales.  First Call had estimates at $1.34 EPS on…

Douglas A. McIntyre · 18 years ago

MasterCard & American Express Settle Litigation (MA, AXP)

MasterCard Incorporated (NYSE: MA) has just announced it has reached an agreement to settle its outstanding litigation with American Express (NYSE: AXP).  The company says the tax-affected net present value of the settlement will…

Douglas A. McIntyre · 18 years ago

With Apple (AAPL) In The Game, No Confidence For RIM (RIMM)

Wall St. is getting nervous that RIM (RIMM) could lose its luster as it moves from providing handsets for business into the consumer market. Apple (AAPL) is sitting there along with Nokia (NOK) and…

Douglas A. McIntyre · 18 years ago

Nissan Sees Trouble In US Car Market

Ever since he lost out on a bid to take control of GM (GM), Carlos Ghosn has seemed a bit punchy. His golden touch at Nissan and Renault have failed him. The companies are…

Douglas A. McIntyre · 18 years ago

Another Headwind For Boeing (BA)

Boeing (BA) has demonstrated that it cannot get its big planes to market on time. It has delayed its 787 Dreamliner three times. Customers are angry and may actually ask for compensation. The problems…

Douglas A. McIntyre · 18 years ago

What Barclays (BCS) Portends

The market was happy to see Barclays (BCS) raise nearly $8.9 billion. The stock traded up in London. No one seems to care that the need for capital meant the firm was running out…

Douglas A. McIntyre · 18 years ago

Countrywide (CFC): The Law Catches Up To Mozilo

Frank Mozilo, founder and CEO of Countrywide (CFC), is almost universally viewed as a thug and miscreant. It will be left to the celestial authorities whether he eventually goes to heaven or purgatory. But,…

Douglas A. McIntyre · 18 years ago