Now that Microsoft (MSFT) can’t have Yahoo! (YHOO), it does not want anyone else to have the portal. Yahoo! has gone to search rival Google (GOOG) to sell some of its advertising inventory. Google…
Buying The Weather Channel and Weather.com got a bit rich for Time Warner (TWX). The company pulled out of the negotiations, leaving GE’s (GE) NBCU operation and its partners as potential future owners of…
This week on CNBC’s "MAD MONEY," Jim Cramer had another one of those "one pick per night" features. This week’s special feature wasn’t just oil, it was wildcatting. Yep, drill a hole in the…
CVR Energy, Inc. (NYSE: CVI) announced Friday evening that the managing general partner of CVR Partners has decided to postpone the IPO of its CVR Partners indefinitely. The company noted that its review of…
If you have been watching the movement in General Electric Co. (NYSE: GE) for this last week, you won’t be surprised to hear that this is due to intense "market chatter" out in the…
Wachovia (WB) Sitll concerns about faltering balance sheet. Down to $18.22. Gatehouse Media (GHS) Another newspaper industry victim. Down to $2.98. Fifth Third Bancorp (FITB) Announces it will raise money. Down to$12.97. Douglas A.…
It’s been a while since we have seen many blank check or special purpose acquisition company (SPAC’s) file to come public. We just saw a filing for an IPO from Staccato Acquisition Corp., although…
As we have pointed out over and over, it appears that buyback announcements are on the decline in a serious way as far as "new buyback plans" being announced. Ultimately we believe that the…
RYDEX INVESTMENTS has now launched eight new ETF’s on the American Stock Exchange this week. These eight new RYDEX ETF products will offer investors inverse and leveraged inverse exposure to the energy, financial, health…
Fifth Third Bancorp (NASDAQ: FITB) is seeing a floodgate opened with sellers thrashing shares. The culprit for this is a downgrade out of BMO Capital, where the brokerage firm downgraded the stock to a…
A report out of Citigroup this morning is sending shares of Saks Inc. (NYSE: SKS) higher this morning. The broker reiterated its BUY rating on the stock and its $20.00 target notes that the…
For almost two years, the focus on Sirius (SIRI) and XM Satellite (XMSR) has been on whether they would craft a merger and then whether it would be approved. The FCC has effectively dragged…
The newspaper industry was hit with another downgrade today, astonishing because almost all of the stocks in the sector are at 52-week lows. Wachovia cut its ratings on several chains including Gatehouse (GHS), McClatchy…
We have already covered Capstone Turbine Corporation (NASDAQ: CPST) on the raw earnings news last night along with its huge backlog being more important than earnings. Shares slid off a tad in after-hours last…
Reuters is reporting that ExxonMobil Corp. (NYSE:XOM) plans to sell the 1,400 retail outlets it owns and the 820 it operates over the next several years. The company doesn’t want to fool around any…