Boeing (BA) Says It Can Get Tanker Deal
Boeing (NYSE:BA) talks as if it can reverse the Air Force decision to give a $35 billion tanker contract to Northrop Grumman (NYSE:NOC) and EADS, parent of Airbus. According to Reuters Mark McGraw, a…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 327The Mad Hatters Take Over The Bear Stearns (BSC) Buy-Out
It was the cleanest theft since the Great Brink’s Robbery in 1950. The Fed and JP Morgan (JPM) got the Bear Stearns (BSC) management is a room over the weekend and beat the ownership…
Media Digest 3/19/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the Fed cut rates .75%. Reuters writes that Visa raised $17.9 billion in its IPO. Reuters writes that New York City will probe whether Bear Streans (BSC) misled investors. Reuters writes…
Asia Markets 3/19/2008 (HMC)(SNE)(LFC)(CHL)
Markets in Asia rose. The Nikkei was up 2.5% t 12,260. Honda (HMC) was up 5.3% to 2770. Sony (SNE) was up 6,8% to 4240. The Hang Seng rose 3% to 22,028. China Life…
Apple (AAPL) Looks At Free iTunes For Everyone
Apple (NASDAQ: AAPL) is in conversations with the music industry about offering its entire iTunes library free. It would recoup the loss of revenue by changing more for its iPod hardware. According to the…
New Electronics Forecast Bad For Apple (AAPL) And Best Buy (BBY)
New data from ChangeWave Research point to a huge drop in spending on consumer electronics. The most recent data was taken from a survey of 4,427 consumers between February 19th and 25th. Only 19%…
Uranium Strategic Investment, Denison Mines and Uranerz (DNN, URZ)
Uranerz Energy Corporation (AMEX: URZ)announced that it will raise approximately $23.676 million (US Dollars) in funds via a brokered private placement of 4 million units and via a non-brokered private placement of 5.865 million…
The 52-Week Low Club (XRM)(MGI)(BGP)(DVAX)(NUVO)(SHFL)
Xerium Technologies (XRM) delays 10-K and risk of default. Falls to $1.16 from 52-week high of $9.20. Moneygram (MGI) is taken out of one of the S&P indexes. Down to $1.62 from 52-week high…
Visa IPO: Traders Use Member Banks & Owners As Back Door Plays (V, AXP, MA, DFS, JPM, BAC, NCC, WFC, C, USB)
Tonight we are going to get the highly awaited VISA, Inc. initial public offering. This one has been on the books since November 2007 and we have previously noted that this was going to…
SPAC IPO FILING: China Growth Alliance Ltd. (CGN)
China Growth Alliance Ltd. is another a blank-check company or special purpose acquisition company (or SPAC) that has filed to come public via an initial public offering. It filed to sell up to $56…
FOMC Goes Three-Quarters Of The Way
The FOMC has made its rate cut, although not quite as much as Wall Street was talking up. Wall Street wanted a 100-basis point cut or 1 full point. We got a 3/4-3/4 cut…
Adobe Barely Off 52-Week Lows Ahead of Earnings (ADBE)
Tuesday after the close, we’ll get to see earnings out of Adobe Systems Inc. (NASDAQ: ADBE). The estimates from First Call are $0.45 EPS on $875.8 million in revenues. Adobe frequently offers longer-term guidance…
US Vehicles Sales Could Hit Thirteen Year Low (GM)(F)
GM (NYSE: GM) and Ford (NYSE: F) already trade near 52-week lows because of high gas costs and the rising prices of commodities for components used in cars. Now, JP Power is dropping its…
Frank Quattrone Launches Qatalyst (CS, GS, GOOG, JMP)
If you have been around the markets for a decade you’ll know the name Frank Quattrone quite well. Quattrone was one of the most influential investment bankers in the 1990’s who also became the…
Apple (AAPL): Macs On Fire
If research firm NPD Group is to be believed, the Apple (NASDAQ: AAPL) Mac had 14% of PC sales in the US in February and 25% of the revenue share. According to Apple Insider…