Reuters: A $25 billion debt plan for Dubai World helped calm markets. Reuters: GE (NASDAQ:GE) and Vivendi agreed to value NBCU at a price which gives the French company $5.8 billion for its 20%…
Markets in Asia were sharply higher The Nikkei rose 2.4% to 9,572. The Hang Seng was up 1.4% to 22,086. HSBC (NYSE:HBC) rose. The Shanghai Composite was up 1.3% to 3,235. At the open…
Several news media outlets are reporting that GE (NYSE:GE) has a deal to buy the 20% of NBC Universal that Vivendi owns for $5.8 billion. This will clear the way for GE to sell…
CSG Systems International Inc. (NASDAQ: CSGS) rose nearly 19% to a yearly high of $19.41 after the billing service provider announced that it has extended its contract to provide customer and billing service to…
Human Genome Sciences, Inc. (NASDAQ: HGSI) is rasing cash. The company announced that it is selling up to 12.5 million shares of common stock. The company earmarked funds for general corporate purposes, which includes…
The big news about November car sales is that Chrysler continues to lose market share at a remarkable and unsustainable rate. Edmunds predicts that Chrysler sales will drop 35% from the same month last year,…
You might think that companies tend to repurchase fewer and fewer shares in their share buyback plans when shares rise and rise. When you compare the moves from the March 9 close, the price…
Charter Communications Inc. (CHTRQ) has just announced that it has completed its financial restructuring and has emerged from Chapter 11 protection. The problem here is that Charter’s life was a slash and burn for…
There is a slew of economic data hitting the tape this week. Friday’s report from the Labor Department on Unemployment and the change in non-Farm Payrolls will dwarf all economic reports. The consensus estimate…
By Douglas A. McIntyre Boeing (NYSE:BA) 777 aircraft engines can ice up and stop working. The engines in question are made by Rolls-Royce, and although the problem is very rare, it is dangerous. The…
American International Group, Inc. (NYSE: AIG) is under far less pressure right at the open than many might have expected. While it settled some of its Hank Greenberg issues last week, the stock was…
Las Vegas Sands Corp. (NYSE: LVS) failed to see any huge boost of its Asian asset IPO in Hong Kong. Shares fell 10% on its debut that raised about $2.5 billion. Sands China Ltd.…
Updated throughout the day. Updated 12.24 PM EST: HSBC (NYSE:HBC), Barclays (NYSE:BCS), and Standard Chartered may have large exposure to Dubai debt problems. (NYTimes) 12.08 PM EST: Google (NASDAQ:GOOG) is about to launch its…
These are this Monday’s top day trader and active trader alert stocks. We have more details on the gains and ranges with added color via a link through to VSInvestor.com for each stock: Novavax,…
John Tamny of Forbes The U.S. Constitution’s 10th Amendment is arguably the most important of all the amendments in the brilliant document that helped shape the United States. The 10th amendment made plain that…
These are this morning’s top pre-market analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Abercrombie & Fitch (ANF) Raised to Outperform at FBR. AGA Medical (AGAM) Started as Buy at Citigroup;…
Imagine an Apple (NASDAQ:AAPL) iPhone with a very powerful processor that will work on both the AT&T (NYSE:T) and Verizon Wireless networks. Such a device would almost certainly broaden the iPhone’s appeal instantly. Verizon…
Somali pirates have a new business. They hope to corner the market in crude. The Greek-owned Maran Centaurus, which is carrying oil from Saudi Arabia to the US, was hijacked in the ocean off East…
Just over one-quarter of shoppers who made purchases over the Thanksgiving weekend used credit cards. Thirty-nine percent used cash and the balance of the shoppers used debit cards which are a cash-equivalent, according to survey…
Congress and the Administration put a $787 billion stimulus package into place on the assumption that its many programs will supply capital to strategically important industries. The ultimate goal was to increase employment within…