Barnes & Noble (BKS) + Borders (BGP) = 0
Barnes & Noble (BKS), the No.1 bricks and mortar bookseller, is looking at a buy-out of No.2 player Borders (BGP). Neither company has done especially well as readers have turned to Amazon (AMZN) and…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 247Microsoft (MSFT): A Pox On The House Of Yahoo! (YHOO)
Carl Icahn is known as much for his mistakes as his successes. His process for making money is based on forcing management to do the right thing. He cannot, however, control the forces of…
Time Warner’s (TWX) Cable Spin: A Pay-Day For Mr. Bewkes
Time Warner (TWX) plans to spin-off its cable company, Time Warner Cable (TWC), to shareholders. In the process, the parent will get a payment of $9.25 billion as part of a one-time dividend. It…
Moody’s (MCO): Why Tell The Truth?
It turns out that Moody’s (MCO) may be more than incompetent. After missing most of the risks in subprime paper and keeping “Aaa” ratings on the municipal bond ratings agencies for too long, the…
Media Digest 5/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Microsoft’s (MSFT) Steve Ballmber said his company will not bid for Yahoo! (YHOO). Reuters writes that HP’s (HPQ) operating margin rose to 10% in the last quarter. Reuters writes that Lehman…
Asia Markets 5/21/2008 (HMC)(SNP)
Markets in Asia were mixed. The Nikkei fell 1.7% to 13,926. Honda (HMC) fell 2.1% to 3350. KDDI fell 3.2% to 668000. The Hang Seng improved .8% to 25,371. China Petroleum (SNP) was up…
Things Are Getting Better On Wall St.? Lehman (LEH) To Cut 5% Of People
Against a back-drop of several Wall St. analysts saying the credit crisis will damage bank earnings into 2009, Lehman Bros. (LEH) will cut 5% of its work force, according to Reuters. The brokerage has…
Is Nanotechnology the Next Asbestos? (PXN)
Nanotechnology is one of those industries that has advocates lining up for it and against it. The theoretical possibilities are endless. These could be in micro-computing, arterial plaque attacks, tissue repair, cleaning surfaces, cancer…
The 52-Week Low Club (AIG, GAIA, HANS, LORL, PLA, RCL, SCUR)
Today was a larger day on the wall of shame in the 52-week low club. There were some new names and some old familiar names. American International Group (NYSE: AIG) was down almost 2%…
GM (GM) Sells Off As Market Wakes Up To Troubles
It did not take a story in The Wall Street Journal to let Wall St. know that it would be a hard year for GM (GM) and its peers in the US. Perhaps the…
IPO FILING: Synthesis Energy Systems, Inc.
Synthesis Energy Systems, Inc. has filed to come public today via an initial public offering, and it will take the proposed ticker of "SYMX" on NASDAQ. The two underwriters listed in an offering for…
Satyam Broadens GE Pact In Alliance (SAY, GE)
Satyam Computer Services Ltd. (NYSE: SAY) has partnered with General Electric Co. (NYSE: GE) unit GE Healthcare to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software. The companies will jointly…
New Apple (AAPL) iPhone Rumor: June 9 Launch
Perhaps the reason those Apple (AAPL) 2.5G iPhones are so hard to come by is that the launch date for the 3G versions is set for June 9. Why have a lot of inventory…
Investors Await Intuit’s Key Quarter (INTU)
Intuit Inc. (NASDAQ: INTU) reports earnings after the close of trading today. The tax and business software provider is expected to post $1.33 EPS on $1.29 Billion in revenues. As this is the quarter…
Oppenheimer Won’t Lay Off Bad News On Banks (C)(BAC)
Oppenheimer now puts out a negative report on banks stocks every other day, like clock work. Today’s reports says that money center financial firms "may write off more than $170 billion of additional reserves…