Carl Icahn has made the announcement that he plans a proxy fight to either control or influence the Yahoo! board. It is a remarkably poor idea. Microsoft (MSFT) has made it clear that it…
It seems the calls and progress in changing the shape of General Electric Co. are just never-ending. The Wall Street Journal is reporting that General Electric Co. (NYSE: GE) is hiring Goldman Sachs to…
Search has already trumped all other models on the internet for making money, and now its popularity has reached the point where the Google (GOOG) sites have passed Yahoo! (YHOO) as the most visited…
Microsoft (MSFT) claims that its Xbox 360 has reached the sale of ten million units in the US ahead of the Nintendo Wii and Sony (SNE) PS3. The news is somewhat, if not entirely…
ShengdaTech Inc. (NASDAQ: SDTH) announced that it will plans to offer an aggregate of $100 million of senior convertible notes due 2018, in an offering to qualified institutional buyers under a 144A placement. Neither…
IndyMac Bancorp (IMB) Fitch cuts debt rating Down to $1.83 from 52-week high of $37.50. Thornburg Mortgage Asset (TMA) Ongoing concerns about company losses. Drops to $.64 from 52-week high of $28.23. Whole Foods…
Geron Corporation (NASDAQ: GERN) announced today that the company received a verbal notice from the FDA that Geron’s Investigational New Drug (IND) submission for GRNOPC1, its cell therapy for spinal cord injury, has been…
The CPI showed that prices for food rose .9% in April, the most in 18 years. Overall, total inflation was more muted and the market was relieved. In the UK, the picture was not…
The Zeppelin commanders who run the research operations at Merrill Lynch (MER) have told their analysts that 20% of the stocks which the cover must be rated as "sell", or "underperform" as the call…
Verso Paper Corp. has just slashed its IPO terms in an amended IPO filing this morning. The company’s prior range was up to 18.75 million shares and an expoected price range of $16.00 to…
GM (GM) said yesterday that it might want to raise some capital. Today, Lehman indicated that the car company may not have a choice. According to Reuters, an analyst at the broker said "GM…
JP Morgan (JPM) will start to trade oil by the end of this year, and that is not just futures. According to Reuters "We will start trading in physical oil and refined products by…
Uranium Resources, Inc. (NASDAQ: URRE) announced this morning that it entered into a private placement based on the closing prices yesterday after the close. While it does not imply that BHP Billiton Ltd. (NYSE:…
Chindex International Inc. (NASDAQ: CHDX) is seeing shares under pressure this morning after it filed last night for a secondary offering of up to $100 million. The filing is for the company to sell…
Deere & Co. (NYSE: DE) shares are going to be a drag today. The giant manufacturer of farm and construction machinery posted $1.74 EPS on a 19% revenue fain to $7.47 Billion. First Call…