RIM (RIMM) Carves Up Apple (AAPL)
Over the last three months, shares in Research In Motion (NASDAQ: RIMM) are down less than 5%. Apple’s (NASDAQ: AAPL) are off over 30%. There have been some concerns about the sale of iPods,…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 319Europe Markets 3/26/2008 (SI)(FTE)
Markets in Europe were slightly lower at 6.35 AM The FTSE was off .3% to 5,673. Lonmin was up 2.6% to 3104. Kingfisher was up 3.4% to 138.4. The DAXX was down .2% to…
More Problems With Heparin, More Problems For Baxter (BAX)?
Baxter (NYSE: BAX) is probably retaining more lawyers. So far nineteen people have died from tainted Heparin, a blood-thinner. BAX is one of the largest marketers of the drug. According to The Wall Street…
Can Nokia (NOK) Rescue Handset Market
When the global handset market goes South a number of companies get bombed. The worst goes to the handset companies themselves. That is not good news for Motorola (NYSE: MOT). Chip companies also get…
Financial Write-Downs May Just Be Starting (C)(BSC)(JPM)
Goldman Sachs says that write-downs for subprime mortgage paper, LBOs, credit cards,and other bad paper could hit banks and brokerages for $460 billion. That is almost three times the write-offs taken by financial firms…
Can WiMax Save The Cable Guy? (CMCSA)(TWC)(S)(CLWR)
The phone companies came up with a "cable slayer" when they went into the market with fiber-to-the-home. Suddenly they could deliver ultra-fast broadband and 500 channel TV. They have high def to boot. Cable…
A Bear Market For The Ages, With Inflation As Bonus
The Wall Street Journal was good enough to point out that the stock market now trades where it did in 1999. This puts investors in a similar place to where they were in the…
Google’s $1 Salaries: Bear Baiting Investors
Steve Jobs of Apple (NASDAQ: AAPL) used to be the big "$1 a year" salary guy. Now the privilege falls to Eric Schmidt, Sergey Brin, and Larry Page at Google (NASDAQ: GOOG) all of…
Media Digest 3/26/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Comcast (CMCSA) and Time Warner Cable (TWC) are in talks to fund a wireless venture to be operated by Clearwire (CLWR) and Sprint (S). Reuters writes that new home sales probably…
Asia Markets 3/36/2008 (NTT)(CN)(PTR)(TM)
Markets in Asia were mixed. The Nikkei fell .3% to 12,707. NTT (NTT) rose 2.8% to 444000. Toyota (TM) fell 1.5% to 5260. The Hang Seng rose .9% to 22,674. China Netcom (CN) fell…
MoneyGram Recapitalizes.. What’s Left? (MGI, GS)
MoneyGram International, Inc. (NYSE: MGI) has completed its recapitalization that was led by affiliates of Thomas H. Lee Partners and Goldman Sachs (NYSE: GS). Here is a breakdown of how the financing pact looked:…
24/7 Wall St. Exclusive Interview With Steve Ballmer, CEO Of Microsoft
24/7 Wall St. had a chance to interview Steve Ballmer, CEO of Microsoft (NASDAQ: MSFT) on a few subjects including why some large companies were late to the search business, his view of how…
T. Boone Pickens, Back to Higher Oil Prices on CNBC (CLNE)
Legendary oil investor and magnate T. Boone Pickens has been on CNBC this morning making comments on the current oil environment and current pricing. As far as his prior call for "$10 off" he…
Consumer Confidence, Bad & Getting Worse
The Conference Board’s Consumer Confidence Index has just posted another large decline. The March readings came in at 64.5, which is well under what we had listed as 73.0 consensus estimates from Wall Street…
Goldman Sachs SPAC IPO: Liberty Lane Acquisition Corp. (GS, MFW, LKQX, TMO)
Liberty Lane Acquisition Corp., another special purpose acquisition company, or SPAC, has filed to come public via an initial public offering of $350 million in units. Each unit will come with one share and…