The Russians are coming! The Russians are coming! Based on a report in The Wall Street Journal, Digital Sky Technologies, a Russian investment group wants to put $200 million into Facebook for preferred stock. The transaction would value the social…
By Douglas A. McIntyre
· 10:33pm ET Playboy Enterprises Inc. (NYSE: PLA) is sitting in a tough spot. This morning there is a report that the company has the bunny franchise up for sale. We have looked at this…
Douglas A. McIntyre Our weekly headlines from 24/7 Wall St. partner Apple Investor News:
Douglas A. McIntyre by Alexandra Andrews, ProPublica The Hope for Homeowners program was created by Congress last summer to help an estimated 400,000 homeowners avoid foreclosure. But it could more aptly be called the Hope…
Douglas A. McIntyre Today’s FT energy blog includes a post claiming that China is responsible for recent rises in crude prices because it is building its strategic petroleum reserve. The post cites satellite imagery showing more tanker…
This week’s report from the Energy Information Administration noted that “strong supply availability from refiners now running at low utilizations in both Europe and the U.S. is likely to moderate gasoline price increases this…
Brocade Communications Systems, Inc. (NASDAQ: BRCD) is the beneficiary of a research call this morning from Broadpoint AmTech. Many research calls are not very aggressive and many are very reactive on the surface. That…
Suntech Power Holdings Co. Ltd. (NYSE:STP) has priced its follow-on offering of 20 million ADSs at $12.50/ADS. The underwriters have an over-allotment option on an additional 3 million ADSs.
LDK Solar Co. Ltd. (NYSE:LDK) makes multicrystalline wafers used to manufacture PV solar cells and Yingli Green Energy Holding Company Limited (NYSE:YGE) is an integrated maker of PV solar products. Both companies have reported…
DryShips Inc. (NASDAQ: DRYS) is seeing a surge of interest this morning after the company said it had completed its “ATM” financing of some $475 million in gross proceeds. Merrill Lynch acted as sales…
Sears Holdings Corporation (NASDAQ: SHLD) is trading up sharply this morning after the retailer and part-time hedge fund managed to post positive earnings after the close on Thursday. This is a stock we had…
Anglo American plc (NASDAQ: AAUK) is seeing exact opposite calls on the positives and negatives this morning. We have seen the stock’s rating raised to the revered “Conviction Buy List” at Goldman Sachs based…