Europe Markets 5/2/2008 (SI)
Markets in Europe were rallying at 6.30 AM The FTSE was up 1.1% to 6,151 Cadbury was up 8.7% to 630. Prudential was up 3.4% to 721. The DAXX rose 1.2% to 7,033. BMW…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 269Bond-Holders At Countrywide (CFC) Sweet The Buy-Out
Bond-holders who own debt in Countrywide (CFC) have assume that Bank of America (BAC) would take those obligations on and that they would get paid out. Maybe not. According to Bloomberg. “There is no…
Utilities And Commodities Prices Kill Alternative Cars: The Coal-Powered Auto
Owning one of those new cars that runs on ethanol or electricity may be more expensive than the old-school gas versions, even if petrol stays at $3.50 a gallon. The math wizards at The…
Wal-Mart (WMT) Pushes The Wii Fit For Mom’s Day: Call A Doctor
Wal-Mart (WMT) has decided Mom does not want flowers or candy this year. It is aggressively marketing the new Nintendo Wii Fit as a way to pull reluctant and impoverished shoppers into its stores.…
Yahoo!’s (YHOO) Failures Now Drive Its Value
Trying to make sense of all the rumors about Microsoft (MSFT) buying Yahoo! (YHOO) and Yahoo! making a search deal with Google (GOOG) is senseless.. Only three or four people are actually playing the…
Dow 14,000: A Rally For The Ages (AAPL)(CAT)(MSFT)
As hard as it may be to believe, the Dow is withing 200 points of where it was a year ago, and above where it was last August. There is now plenty of talk…
Media Digest 5/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the CEO of Microsoft (MSFT) says that the company is close to its next move in its attempted takeover of Yahoo! (YHOO). Reuters reports that Wal-Mart (WMT) will use the Wii…
Asia Markets 5/2/2008 (HMC)(SNE)(LFC)(SNP)
Markets in Asia were sharply higher The Nikkei rose 2.1% to 14,049. Honda (HMC) rose 3.9% to 3430. Sony (SNE) rose 2.9% to 4920. The Hang Seng rose 1.8% to 26,225. China Life (LFC)…
Sun Microsystems (JAVA): Expelling Jonathan Schwartz
Jonathan Schwartz has become the kind of fast-talk, no delivery CEO whom investors loathe. He was the president of Sun Microsystems (JAVA) and in an appalling lack of judgment the company’s board picked him…
IPO FILING: Safety-Kleen HoldCo. (SK)
Safety-Kleen HoldCo. has submitted its IPO filing with the SEC today. The filing shows a maximum proposed offering price of $300 million, although this number is for filing purposes only. The company has applied…
Sun (JAVA) Earnings: Solar Eclipse
Sun (NASDAQ: JAVA) showed Wall St. once again that it is simply not a viable or relevant large tech company. Revenues for the third quarter of fiscal 2008 were $3.266 billion, a decrease of…
The 52-Week Low Club (NWK)(MGM)(PDGI)(RDEN)
Network Equipment (NWK) Misses numbers and gets downgraded. Falls to $3.95 from 52-week high of $15.75. MGM Mirage (MGM) Slowdown in casino earnings at key rival. Sells off to $47.89 from 52-week high of…
SPAC Liquidation: HD Partners Acquisition Corp. (HDP)
HD Partners Acquisition Corp. (AMEX: HDP) (AMEX: HDP.U) (AMEX: HDP.WT), a SPAC, has been liquidated today. The Company will pay out $149,622,864.99 of the trust funds available to shareholders, resulting in $7.97989 per share…
Biotech Business Daily (ANIK, ATHX, HALO, IDRA, MRK, OMPI, REGN, DDD, SQNM)
There are lots of names moving in biotech and related fields today, and below are some of the top movers: Anika Therapeutics Inc. (NASDAQ: ANIK) moving up after reporting solid first quarter earnings this…
WisdomTree Launching Currency Income ETF’s (WSDT, CYB, ICN, BZF, JYF, EU)
WisdomTree Investments, Inc. (Pink Sheets: WSDT) and The Dreyfus Corporation, a BNY Mellon Asset Management Company, announced the launch of five WisdomTree Dreyfus Currency Income ETFs on the NYSE Arca. The ETFs are actively-managed…