KLA-Tencor Loses CFO (KLAC)
KLA-Tencor Corporation (Nasdaq:KLAC) has announced that Jeffrey Hall, its CFO, will resign effective March 31, 2008. Normally we look further into CFO resignations since they are the final ones who "sign off on the…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 349The 52-Week Low Club (SCA)(DFR)(TMA)(FMT)
Security Capital Assurance (SCA) Warns of loss and hires investment bank to help out of trouble. Stock drops to $.67 from 52-week high of $34.58. Deerfield Capital (DFR) Big loss on impairment charges. Seels…
Apple Analysts Race To Cut Targets (AAPL)
Apple Inc. (NASDAQ: AAPL) has been a success story that few in history have repeated. But the best growth days have been seen, or at least that is what two analyst reports are pointing…
Options Traders Looking For Yahoo! Bid Hike? (YHOO, MSFT)
Options trading often shows some key insight on trade bets as far as upcoming events. It appears that at least some options traders may be speculating that a higher bid is coming out of…
SPAC IPO FILING: Transformation Capital… Public Hedge Fund? (TCY, TCY.U, AINV)
Transformation Capital is another special purpose acquisition company or SPAC that has filed to come public via an initial public offering. The company has many options like all SPAC filings indicate, although it intends…
Fannie Mae Dodges Appraisal Bullett (FNM)
Fannie Mae (NYSE: FNM) has announced a settlement that ultimately looks like will give the company a huge sigh of relief. It has entered into an agreement with the New York Attorney General and…
Finish Line, Better Lucky Than Good (FINL, GCO, UBS)
If there is one company that needed to get out of its crazy merger, it was Finish Line. Inc. (NASDAQ: FINL). The company last year made a greatly leveraged buyout offer to acquire Genesco…
Oil, A Record As Crude Nears $104, A Look Towards $125
The price of crude came very close to $104. According to the AP "That’s higher than the price of $103.76 that many analysts believe oil hit in 1980, when adjusted for inflation into 2008…
Safeguard Scores $100 Million Sale (SFE)
Safeguard Scientifics, Inc. (NYSE: SFE) has signed and exit agreement regarding its ownership position in three majority-held and three minority-held partner companies through a transaction with Saints Capital. The partner companies being sold in…
Dollar Tree Reorganizes, Sort Of (DLTR)
Dollar Tree Stores, Inc. (NASDAQ:DLTR) has announced that it has reorganized its structure by creating a new holding company structure. The effective date is today. The company noted that the primary purpose of the…
Goldman Sachs Notes An Insurer Worth Zero In Run-Off (SCA, MBI, ABK)
Security Capital Assurance Ltd. (NYSE: SCA) has been terminated from coverage at bulge bracket firm Goldman Sachs after the company has seen shares plummet over recent months. The company noted that all three ratings…
Losses On Munis May Get Much Worse (MER)(C)
The muni markets are getting into more trouble as each day passes. According to Bloomberg "U.S. states and local governments may extend the worst slump in municipal bonds on record as they replace as…
Top 10 Pre-Market Analyst Calls (AU, APOL, CLF, DRI, ETR, EXC, EXPD, F, MELI, OSIP, STX, WDC)
These are not all of the analyst calls out there affecting shares, but these are the top 10 analyst we are focusing on this Monday morning: Anglogold (NYSE: AU) Raised to Buy at UBS.…
Europe Markets 3/3/2008 (BCS)(HBC)(ALU)(SI)
Markets in Europe were down over 1% at 6 AM New York time. The FTSE fell 1.2% to 5,811. Barclays (BCS) was down 3.3% to 461.75. HSBC (HBC) was up 1.1% to 774.5. The…
As Google (GOOG) Bites, Microsoft (MSFT) Winces
Google’s (NASDAQ: GOOG) Apps software, which offers spreadsheets, word processing, and presentation features has signed up 500,000 customers by some accounts. The product is popular because it runs off of Google’s servers, saving storage…