Ladenburg Thalmann Financial Services Inc. (AMEX: LTS) has announced the completion of the acquisition of Punk, Ziegel & Company, L.P as previously announced in March for an undisclosed amount, pending approval by FINRA. Punk,…
XTM eXchange Split Corp. filed it public paperwork this morning. The offering of common shares and Priority Equity Shares is an investment in TXM Group (TSX: X)—a combination of TSX Group, the operator of…
One of the largest credit card providers to small business, Advanta Corp, took some big write-downs last quarter. According to CFO Magazine "Recent studies and reports from lenders show that small businesses are either…
After the close of trading on Tuesday, we’ll get to see earnings out of Cisco Systems, Inc. (NASDAQ: CSCO). The estimates for the networking giant from First Call are $0.36 EPS on $9.75 billion…
One of the interesting by-products of S&P cutting Countrywide’s (CFC) debt to junk is that Bank of America (BAC) may be frightened witless now about taking over the mortgage banker. According to MarketWatch, the…
Based on the figures from the Bureau of Labor Statistics, US unemployment was 5% in April. Those figures showed that 146.3 million Americans were employed in the civilian work-force and 7.6 million Americans were…
These are some of the analyst calls affecting shares this Monday morning: American Capital Strategies (NASDAQ: ACAS) downgraded to Sell at UBS. Apple (NASDAQ: AAPL) raised target to $220 from $200 at RBC. CACI…
London was closed for a holiday and other market in Europe were mixed. The DAXX was down .1% to 7,039. Siemens (SI) was down 1% to 76.30. VW was down .9% to 187.72. The…
Yahoo!’s (YHOO) shares are off over 20% in trading in Germany after the portal company rejected an offer from Microsoft. According to Bloomberg."Citigroup Inc. and ThinkPanmure LLC analysts cut their ratings on Yahoo’s stock…
Google (GOOG) rules the search world in all but one important country. China not only has the largest population in the world, it has the largest number of people online totaling 221 million users.…
With the huge amount of debt on airline balance sheets and rising fuel costs, the big carriers may have trouble meeting their debt service or loan covenants. United (UAUA) has over $7 billion in…
Pegging Yahoo!’s (NASDAQ: YHOO) potential financial exposure from shareholder lawsuits after it turned down an offer of about $33 from Microsoft (NASDAQ: MSFT) is hard. It starts with the difference between the offer and…
Mixed week for stocks as dollar rises, oil falls, Fed cuts Wall Street started the week down, as investors chewed on the Mars acquisition of Wrigley, and closed lower again Tuesday, ahead of the…
According to Reuters. Warren Buffett says that US is in a recession and large banks will face more pain. Reuters writes that Yahoo! (YHOO) may face lawsuits after rejecting an offer from Microsoft (MSFT).…
Marvel Entertainment (MVL) and Viacom (VIA), parent of Paramount, benefitted as "Iron Man" based on a Marvel comic book character brought in over $100 million. According to the AP The film also scored overseas…