Archive

Year: 2013

All Year: 2013 Articles

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Explosions in Boston Roil Markets

UPDATE at 4:05 PM EST: Bloomberg TV has used a Boston Police Department report calling that there have been 22 injuries and 2 deaths, as well as secondary devices being found. Unfortunately it looks…

Jon C. Ogg · 13 years ago

Does It Matter Who Owns Sprint?

courtesy of Sprint Corp.Now that Dish Network Corp. (NASDAQ: DISH) has made a better offer for Sprint Nextel Corp. (NYSE: S) than the one on the table from Japan’s Softbank, we might pause to…

Paul Ausick · 13 years ago

Gene Patent Showdown for Myriad Comes to a Head

ThinkstockShould a company get to patent your genetic DNA? That is the question when it comes to Myriad Genetics Inc. (NASDAQ: MYGN). This company and its stock are at the center of a multi-year…

Jon C. Ogg · 13 years ago

Verizon Muddies the Sprint Deal Even More

ThinkstockThe announcement this morning of a $25.5 billion offer from Dish Network Corp. (NASDAQ: DISH) for Sprint Nextel Corp. (NYSE: S) has pushed Sprint stock up by double digits. Part of Sprint’s value, both…

Paul Ausick · 13 years ago

Crude Takes a Beating Today; Goldman Braces for More Losses

thinkstockWe have already noted today’s pounding on gold mining stocks as the price of the yellow metal heads for $1,400 an ounce. Crude oil is taking a less severe beating, but a beating nonetheless.…

Paul Ausick · 13 years ago

Will Jamie Dimon Lose His Job?

Wikimedia CommonsA group of investors in J.P. Morgan Chase & Co. (NYSE: JPM) have filed a shareholder proposal calling for the bank’s board of directors to name an independent chairman, splitting the two roles…

Paul Ausick · 13 years ago

More Reason to Expect Exxon and Chevron Dividend Hikes

ThinkstockIt was late in March when we predicted several DJIA stocks would increase their dividend payments in April. Monday morning brought news that  Procter & Gamble Co. (NYSE: PG) was increasing its common stock…

Jon C. Ogg · 13 years ago

Thermo Fisher to Acquire Life Technologies

ThinkstockThe world’s second largest maker of laboratory equipment, Thermo Fisher Scientific Inc. (NYSE: TMO) has agree to acquire competitor Life Technologies Corp. (NASDAQ: LIFE) for $13.6 billion in cash ($76 a share). Thermo Fisher…

Paul Ausick · 13 years ago

New York Manufacturing Slides Lower but Remains Positive

ThinkstockThe Federal Reserve Bank of New York has released its Empire Manufacturing Survey for the month of April. While conditions improved slightly, the overall index posted a drop of about six points to 3.1…

Jon C. Ogg · 13 years ago

Shrinking Credit Losses Boost Citigroup Profit

Flickr / rOsssCitigroup Inc. (NYSE: C) reported first-quarter results before markets opened this morning. The bank posted adjusted diluted quarterly earnings per share (EPS) of $1.29 on revenues of $20.8 billion. In the same…

Paul Ausick · 13 years ago