Atlas Acquisition Holdings Corp. (AMEX: AXG) is a special purpose acquisition company, but not for very long. The company just announced that its board of directors has approved the dissolution of the company. In…
It was just a while ago that Millipore Corp. (NYSE: MIL) exploded upwards and Thermo Fisher Scientific Inc. (NYSE: TMO) saw a significant drop. The reason was a “merger agreement” being cited, but Bloomberg…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
One of the top three international airline carriers, Deutsche Lufthansa, just announced a four-day strike. British Airways appears set to announce the results of a strike ballot in early March and other European unions are…
By Max Fisher of The Atlantic Wire President Obama has proposed a bold idea for health care reform: giving the federal government the power to regulate insurance premium increases. The proposal, a reaction to…
Airgas, Inc. (NYSE: ARG) has announced that its board of directors has voted unanimously against recommending the unsolicited buyout offer from Air Products & Chemicals, Inc. (NYSE: APD). The deal rejected is the most…
Updated throughout the day. Goldman Sachs (GS) has begun PR efforts to improve its image (NYPost). Stanley Fink, the former chief executive of Man Group, and Larry Hite may start a new hedge fund in…
John Tamny of Forbes Addressing a joint session of Congress in 1974, President Gerald Ford made the surprisingly lucid observation that “A government big enough to give you everything you want is a government…
These are some of the top research calls from analyst upgrades, downgrades, and initiations seen early this Monday morning: Dendreon Corp. (NASDAQ: DNDN) Started as Overweight and $46 target at JPMorgan. E*TRADE Financial (NASDAQ:…
Prominent economists, ignoring trouble in Europe and persistently high unemployment, expect 2010 to be as close to a banner year as the US economy has seen in four years. The National Association of Business reports that…
The Administration’s ambitious healthcare plan will not make it through Congress. A scaled down version might. The initial broad program had the support of the insurance and drug industries probably due to a calculation that “if you…
By Douglas A. McIntyre Yet another damaging revelation has undercut Toyota’s (TM) reputation for disclosing safety issues and the fixing potentially dangerous problems with its cars. The latest twist has a new angle: Toyota…
Faith and science sit at the opposite ends of the spectrum of how people view the world and the causes and effects of their experiences. Now, faith in science is falling which may favor the…
Someone in the Wyoming legislature came upon the idea that he and his fellow elected officials could cut budget deficits by taxing wind power production. The state is something of a mecca for the alternative…
Reuters: Obama plans to pressure health insurance prices as part of new reforms. Reuters: A Toyota (TM) memo shows the company worked to keep the costs of one of its recalls to…
Markets in Asia were mostly higher The Nikkei rose 2.7% to 10,400. Sony (NYSE:SNE) and Toyota (NYSE:TM) rose The Hang Seng was higher by 2.5%. The Shanghai Composite dropped .5% to 3,003. At the…
Lehman’s bankruptcy is believed to be the largest in US history. Now, Bloomberg has reported that a new regulatory filing revealed that various consulting and legal firms and other lucky advisors that became part of the…
Boeing (NYSE:BA) sent out 1,025 60-day layoff notices, most of them to workers in its Engineering, Operations, and Technology unit. The action was part of Boeing already-disclosed 10,000 employee “termination” plans. Boeing has suffered…
The acquisition by Schlumberger Ltd. (SLB) of competitor Smith International Inc. (SII) for $11 billion could be another sign that mergers and acquisitions in the energy sector will pick up in 2010. This is…
Are the Chinese adding liquidity into the nation’s economy to encourage consumer spending and manufacturing activity, or are they restricting the access to capital by tightening bank lending requirements? The data this weekend pointed to a…