Lehman (LEH) Raises Too Much Money
Lehman (LEH) appears to have raised $6 billion from places like The New Jersey Division of Investment and Hank Greenberg’s C.V. Starr fund. It is a nice chunk of change, but it is very…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 229Media Digest 6/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Lehman (LEH) is close to rasing $5 billion. Reuters writes that one Goldman analyst see oil at $150 this summer. Reuters reports that HP (HPQ) has settled its patenet litigation with…
Asia Markets 6/9/2008 (SNE)(TM)
Most markets in Asia were down with Chinese market closed. The Nikkei was off 2.2% to 14,818. Canon was down 4.4% to 5450. Sony (SNE) was down 3.7% to 5280. Toyota (TM) was off…
Creating A $200 Billion US Credit For High Oil Prices
South Korea has decided that the oil crisis is doing so much to undermine its economy that it has put together a $10 billion package to aid consumers and small businesses whose financial prospects…
Looking For Huge Untapped Oil Reserves
The sight of the gallows focuses the mind. Now that oil is close to $140 a barrel, a number of potential solutions for the crisis that were not options a year ago, have suddenly…
O2 May Give Free Apple (AAPL) iPhones In UK
O2, which has the exlusive distribution rights to the Apple (AAPL) iPhone in the UK, may give away free 3G versions of the handset when it comes out next week. Why? If a customer…
Goldman: BRIC Nation’s Will Take Larger Share Of Global GDP
Due to slowing GDP growth in the West, especially in the US, and constant and rapid GDP growth in the BRIC nations, their portion of the global economy will be much larger than estimated…
Reader Comment: Wang Jianzhou, Head Of China Mobile Will Be At Apple (AAPL) WWDC
We rarely publish reader comments or letters, but we want to pass along one from Kirit Vora, who has an MIT e-mail address, and may be the same man who is president of staff…
Is Apple (AAPL) Low On Parts For iPhone 2.0? Shares To Collapse?
Apple (AAPL) may be short on materials for its new 3G iPhone which is set to be released next week. If the news is true, watch Apple’s shares drop from their current level of…
Apple (AAPL) Faces Potential Revenue Drop On iPhone
Apple (AAPL) is almost certain to make two changes to its iPhone pricing model when it releases version 2.0 next week. The first is that it will drop the price that consumers will pay…
Kerkorian: Ford (F) And The Making Of A Dunce
Kirk Kerkorian will end up owning more than 5% of Ford after he completes his current tender. He does not like to lose money, so if things don’t get better at the car company,…
Countrywide’s (CFC) Mozilo: Not An Ethical Bone In His Body
It turns out that Frank Mozilo, head of Countrywide (CFC), was passing out special mortgages to people including two former chiefs of Fannie Mae (FNM). Countrywide did business with the quasi-government operation, so being…
The Week’s Top Biotech Movers For Next Week (TRCA, ACOR, ISPH, ONCY, PCYC, SQNM, IDEV, LGND, AUXL)
Out of the daily movers this last week, many of the top winners and losers were from news in many of the smaller biotech stocks. We prepared a list of the winners and sinners…
Analyst: Nortel At $23.00… Gutsy or Crazy? (NT)
A Canadian boutique firm called Paradigm Capital Inc. issued a rather extremely bold call on Nortel Networks Inc. (NYSE: NT) this morning. Paradigm noted how unusually low the valuation is on the stock with…
The 52-Week Low Club (GM)(AIG)(BAC)(NCC)(WM)
Washington Mutual (WM) More banking concerns. Hammered to $7.12 from 52-week high of $44.19. Bank of America (BAC) Death to all bank stocks. Sees $30.56 from 52-week high of $52.96. National City (NCC) More…