Cardiome Pharma (NASDAQ: CRME) picked a bad day for good news. According to the AP the company announced "interim midstage data showed its experimental drug vernakalant was safe and effective in treating abnormal heart…
Another blank check company has joined the list of pending IPO’s. National Security Solutions Inc. is the next SPAC or special purpose acquisition company to submit an IPO filing. The offering is targeting $200…
Shares of Ascent Solar Technologies (NASDAQ: ASTI) are down over 13% this morning after the company filed with the SEC Friday to sell common stock worth $80 million. $80 million doesn’t sound like much…
Investors usually try to find stocks where they run for cover when the stock market is in turmoil. This Monday is no exception after seeing the Bear Stearns implosion "takeunder" and the related fall…
For those intrepid enough to go into the market today, there are some stocks that are down under 1%. Some are even up slightly. A shopping list for the insane: Micrsoft (NASDAQ:MSFT), GE (NYSE:GE),…
Iomega Corporation (NYSE: IOM) has announced that it has received a revised unsolicited non-binding indication of interest from EMC Corporation (NYSE: EMC – News) over its prior unsolicited buyout offer. EMC has indicated that…
Just a few months ago, sovereign funds could not get enough stock and debt in financial firms like Citigroup (NYSE: C) and Merrill Lynch (NYSE: MER). When the time came to bail-out Bear Stearns…
CSX Corp. (NYSE: CSX) has made several announcements this morning for shareholder initiatives. The railroad giant sees first quarter 2008 EPS at $0.74 to $0.77 EPS and put full-year EPS at $3.40 to $3.60…
BMC Software (NYSE:BMC) has announced that it will acquire BladeLogic (NASDAQ:BLOG) for $28.00 per share of BladeLogic common stock. The data center automation company acquisition is valued at $800 million, net of cash acquired. …
It’s official. The CME Group Inc. (NYSE, Nasdaq: CME) is acquiring NYMEX Holdings, Inc. (NYSE: NMX). The commodities and futures exchanges announced a definitive agreement where CME will acquire NYMEX on the terms previously…
These are not the only research calls this morning affecting stock, particularly as the world is focused on the fleecing that has occurred at Bear Stearns this morning. But these are other brokerage firm…
Markets in Europe were down sharply at 6.25 AM New York time. The FTSE was off 2.2% to 5,506. Barclays (BCS) was down 6.9% to 403. HBOS was off 9.6% to 477.25. The DAXX…
According to Reuters "International Paper (NYSE: IP) has agreed to pay $6 billion in cash to buy the packaging and recycling unit of Weyerhaeuser Co, (NYSE: WY) the timber and forest products company." Douglas…
Bristol-Myers (NYSE: BMY) does not see much future in baby food. It is trying to sell its operation to a company where its is a better fit. According to the FT, that includes Pepsi…
Oil hit nearly $112 today. The debate now is not over whether oil will be at $100 for the near-term. Traders and economists are focused on whether a recession will take oil demand, and…