IBM (IBM) Advances Solar Power
IBM (IBM) is doing something important and will probably make money at it to boot. According to The Wall Street Journal, "Tokyo Ohka Kogyo Co. will work with IBM to develop processes and equipment…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 221Cisco’s (CSCO) Bogus Projections For Online Video Growth
Cisco (CSCO) sees an explosion of online video use. Most analysts think that this has already happened, but the router company says otherwise. Since they make their money from hardware which manages much of…
Sony (SNE) To Launch New Show Online, Alienate Customers
Sony (SNE) is about to launch it new "Angel of Death" program online. It hopes the trick will get people to buy the DVD of the show down the road. Content companies now release…
AIG (AIG): Blame It On Hank Greenberg
Martin Sullivan, the CEO of AIG (AIG), was sent to the guillotine yesterday. The beheading of financial company chiefs is now so commonplace that crowds don’t even gather anymore to witness the practice. As…
FCC Approval Of Merger Comes As Sirius (SIRI) and XM (XMSR) Near Failure
Several media reports say that the merger of satellite radio companies Sirius (SIRI) and XM (XMSR) will be approved based on FCC staff recommendations. Once that process is done, there will be negotiations about…
Media Digest 6/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, AIG (AIG) fired its CEO and replaced him with the company’s chairman. Reuters reports that Carl Icahn says the Yahoo! (YHOO) deal with Google (GOOG) has merit. Reuters writes that the…
Asia Markets 6/16/2008 (LFC)(SNP)
Markets in Asia were mostly higher. The Nikkei rose 2.7% to 14,354. Kyocera rose 5.6% to 10720. Mitsui rose 5% to 2520. The Hang Seng rose 1.8% to 23,005. China Life (LFC) rose 2.9%…
AIG (AIG) Chief Thrown Out
Big losses and having to raise $20 billion has been too much for AIG’s (AIG) largest investors. They are expected to get their way today. The AIG board will jettison CEO Martin Sullivan. According…
Who Gets The CEO Job At Lehman (LEH)? A List Of Candidates
Dick Fuld, CEO of Lehman (LEH), may lose his jobs soon. Someone has to step in if the brokerage’s stock keeps falling. The company board knows that. Lehman’s COO and CFO has already been…
Barclays (BSC) Goes To Asia As Sovereigns May Rescue Another Bank
A large number of the banks and brokerages in the US and EU have turned to sovereign funds in Asia and the Middle East to replenish their reserves after taking huge losses on mortgage-backed…
Broker Earnings To Dominate Earnings Calendar (LEH, GS, MS)
This coming week is going to be a rather important week for brokerage and investment banking firms. We have three key firms in the sector reporting earnings: Lehman Brothers Holdings Inc. (NYSE: LEH), Goldman…
The Week’s Top BioHealth Issues For Next Week (PFE, TEVA, CRA, IVGN, CMED, ANPI, ISRG, VVUS, CELG)
One key stock to watch next week is Pfizer Inc. (NYSE: PFE). While it has been in the land of the boring forever, watchers are looking to see if it will put in a…
Same Headline, Wrong Tactic, Again: Ford (F) To Cut Costs
Ford (F) is making the rounds of its employees and unions to tell them that the company will have to take out more costs. According to The Wall Street Journal, the word went out…
Saudis Get The Message, Pump More Oil
Now that world opinion about oil is becoming more passionate by the day, world leaders and world consumers have to blame someone for the high prices of gas. The first wave of speculation, with…
Yahoo! (YHOO) Gives Up A Mint By Rejecting Microsoft’s (MSFT) Second Offer
Microsoft (MSFT) told its employees that it offered Yahoo! (YHOO) $8 billion in cash for 16% of the company and $1 billion to buy its search operations. According to Reuters, "The proposal also included…