Time For Yahoo! (YHOO) Board To Wave White Flag
The Yahoo! (YHOO) board and management could have done an out-sourcing deal some time ago to license its search business to Google (GOOG). It would probably have picked up some money beyond what it…
The Yahoo! (YHOO) board and management could have done an out-sourcing deal some time ago to license its search business to Google (GOOG). It would probably have picked up some money beyond what it…
On Wednesday afternoon, we’ll get to see earnings out of Baidu.com, Inc. (NASDAQ: BIDU). The estimates from First Call for the Chinese internet search engine were $0.71 EPS on $76.83 million in revenues. Next…
On Tuesday afternoon, we’ll get to see earnings out of Applied Materials Inc. (NASDAQ: AMAT). The estimates from First Call for the semiconductor manufacturer $2.01 billion in revenues. Estimates for fiscal October 2008 are…
Idearc (NYSE: IAR) Sell off from bad earnings continues. Falls to $8.55 from 52-week high of $38. R H Donnelley (NYSE: RHD) Shares downgraded. Sells off to $17.33 from 52-week high of $84.49. Infineon…
Evergreen Solar, Inc. (NASDAQ: ESLR) has seen its shares hit harder than most of the other solar stocks this week. On this last Monday it filed to sell 20 million shares of common stock…
OPEC members are beginning to talk about cutting production in March. The reason is to keep prices high. Oil now trades near $92 a barrel. According to MarketWatch "Lower demand coupled by economic hurdles…
The Wall Street Journal has reported that Dell Inc. (NASDAQ: DELL) has decided to stop offering processors from Advanced Micro Devices (NYSE: AMD) in most of its PC’s. The computers offered on the Internet…
Light Sciences Oncology Inc. withdrew its IPO filing Friday, citing “unfavorable market conditions.” It originally filed IPO paperwork in April 24, 2006. It was approved for listing on NASDAQ with ticker symbol “LSON,” and…
Below are some of the news items affecting shares of biotech stocks: Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY) is enjoying upgrades after a positive earnings release Thursday. The company’s partnership with Swiss drug maker Roche…
We have been watching Micron Technology, Inc. (NYSE: MU) for quite some time. We even listed it as a "turnaround that hadn’t turned" and we have noted how the company is in a strange…
No one in his right mind would be happy about the slide in Google’s (NASD: GOOG) shares this year. They are now off 27% on an earnings report that Wall St. did not like…
This morning Amazon.com (NASDAQ: AMZN) has announced that it is retiring debt and will buy back common stock. Bezos & Co. has authorized a debt repurchase program that it may repurchase, redeem or retire,…
The head of Deutsche Bank (NYSE: DB) said the US could be driven into a deep recession if the muni insurace companies including MBIA (NYSE: MBI) and Ambac (NYSE: ABK) fail. The CEO said…
Goldman Sachs is making a change to its CONVICTION BUY LIST this morning. The firm is adding CIGNA (NYSE: CI) and dropping WellPoint (NYSE: NYSE: WLP) from the list. Both stocks are still maintained…
Below are some of the key general calls we are looking at in early pre-market trading: Anglogold (NYSE: AU) downgraded to Neutral from Buy at UBS. Cephalon (NASDAQ: CEPH) downgraded to Underperform at Morgan…