Hatteras Financial Corp., a REIT, or a real estate investment trust, submitted an IPO filing this morning. The proposed maximum aggregate amount in securities is listed as $200 million, although this number is for…
Delos Acquisition Corp., a SPAC, or special purpose acquisition company, submitted an IPO filing Tuesday. The filing shows $150 million proceeds targeted at $10.00 per unit, each unit will consist of one share of…
Shares of Advanced Micro Devices (NYSE: AMD) are trading up 4% today at $6.78 in early morning trading. The company is the beneficiary of another research note out of Doug Freedman at American Technology…
The Sharper Image (NASDAQ: SHRP) is beyond looking like "The Duller Image." If this was turned into a western movie, it might be called "The Good, The Bad, and the Fugly." The ailing retailer…
3Com Corp. (NASDAQ: COMS) has announced this morning that the company along with affiliates of Bain Capital Partners, LLC and Huawei Technologies have withdrawn their joint filing to CIFIUS, the Committee on Foreign Investment…
CMGI Inc. (NASDAQ: CMGI) has announced an acquisition this morning of a company called Open Channel Solutions, Inc., which is a provider of entitlement and e-business management solutions. This acquisition was all cash and…
Suntech Power (NYSE: STP) missed earnings this morning and shares are paying the price. The solar player posted $0.34 EPS, $0.02 worse than the First Call consensus of $0.36 EPS. Its revenues rose 82.5%…
Garmin Ltd. (NASDAQ: GRMN) posted earnings above plan at $1.31 EPS versus First Call consensus of $1.11, while revenues were $1.22 Billion versus the $1.05 Billion consensus estimate. Despite the concerns that GPS systems…
These are not the only analyst calls today, but these are the top ten calls that 247WallSt.com is looking at this morning: AT&T (NYSE: T) downgraded to Neutral from Outperform at Credit Suisse. Chesapeake…
After years of falling sales, Sharper Image (NASDAQ: SHRP) has filed for bankruptcy. Bloomberg writes “Sharper Image is in a severe liquidity crisis that is attributable to a host of factors,” Rebecca Roedell, chief…
Markets in Europe were down over 1% at 7 AM New York time. The FTSE fell 1.5% to 5,880. HSBC (HBC) was off 1.7% to 268.25. London Stock Exchange was down 3.5% to 1510.…
Verizon (NYSE: VZ) has been the cock of the walk, but that has changed. Yesterday, the shares hit a 52-week low at $35.19. The large run-up in Verizon’s stock last year was based on…
Soon a loaf of bread will be more expensive than a Krugerrand. The price of gold may be rising, but the price of wheat is up more and going up faster. "Wheat has more…
Hewlett-Packard (NYSE: HPQ) turned in one of the best performances of the earnings season. Net income rose 38%. Revenue rose 13% to $28.5 billion. The computer company raised guidance and its shares moved up…
News Corp’s (NYSE: NWS) MySpace social network which has about 110 million registered users is near a deal to offer music downloads. Instead of members paying for songs, they will be advertising supported. The…