“If our cash flows and capital resources are insufficient to fund our debt service obligations, we may be forced to reduce or delay capital expenditures, sell assets, seek to obtain additional equity capital or…
3Com Corporation (NASDAQ: COMS) rallies over 6% to $5.39 following a positive earnings release on Thursday. Aspect Medical Systems (NASDAQ: ASPM) rallies over 55% to $11.91 on news that Covidien had agreed to buy…
Close to one out of three people in the world has downloaded an app from the Apple (AAPL) App store. Or, a much smaller number of people have downloaded ten or twenty apps on…
Shares in MEMC Electronic Materials Inc. (NYSE:WFR) have been downgraded from ‘Buy’ to ‘Hold’ by Citigroup (NYSE:C). MEMC makes crystalline polysilicon wafers used in some photovoltaic solar cells, and the market appears to be…
Chesapeake Energy Corporation (NYSE:CHK) has created a 50/50 midstream joint venture with Global Infrastructure Partners that includes a significant portion of Chesapeake’s midstream assets in exchange for $588 million in cash. The new venture…
Updated regularly throughout the day. Update: Rusal, the world’s biggest aluminum firm, may have an IPO on The Hong Kong exchange. The company is controlled by Russian oligarch Oleg Deripaska and has $7.4 billion…
According to Volume Spike Investor, these are the bigger movers of the day: Aspect Medical (ASPN) up sharply on buy-out. Cal-Maine (CALM) down on earnings (details). Big moves in Xerox (XRX) and ACS (ACS)…
John Tamny of Forbes James Grant, editor of the eponymous Grant’s Interest Rate Observer, recently described himself in the The Wall Street Journal as a “glass half-full kind of fellow.” But despite his…
Dell (DELL) paid a price that it could not defend, at least financially, for Perot (PER) earlier this month. Xerox (XRX) has decided to follow Dell down the same road by paying an extraordinary…
A123 Systems Inc (NASDAQ: AONE) is still likely going to be one of the highlights of trading activity for the week, but the valuation is all based on the future rather than on the…
There are reports from around the world that Google (GOOG) has changed its logo to “Googlle” for the day to celebrate its 11th birthday. The reports on the temporary logo have come in from…
The notion that swine flu will hurt the economic recovery in the fourth quarter has gone from a theory to a reality. The number of states that reported widespread infection went to 26 last…
The Administration made its decision two weeks ago to put extremely large tariffs on tires from China, an action that the government of the world’s most populous nation will likely take through the WTO…
BP claims that there may be 200 billion barrels of oil and oil equivalents under the region above the Arctic Circle. Norway is exploring the area of its northern coast in the belief that a…
Reuters: Solvay sold its drug unit to Abbott (ABT) foe $6.6 billion. Reuters: Kraft (KFT) will launch a hostile bid for Cadbury. Reuters: The World Bank said not to take the dollar’s role in…
Markets in Asia were markedly lower. The Nikkei dropped 2.5% to 10,010. Honda (HMC) fell sharply. The Hang Seng was off 1.5% to 20,697. China Unicom (CHU) and PetroChina (PTR) both fell. The Shanghai…
Ascent Solar Technologies (NASDAQ: ASTI) may have a significant win under its belt in the new Army solar pact. The maker of thin-film solar modules has a new contract from the government that could…
Stress tests of the balance sheets of Europe’s twenty-two largest banks shows that they have credit losses that will reach a total of $587 billion between this year and next. The analysis was done…
Banco Santander Chile (NYSE: SAN) hit a yearly high of $56.51, continuing to rally following the release of positive research on Latin American banks from Barclays. The company has also benefited from positive reception to…
Shares of RIM (RIMM), maker of the Blackberry, were knocked down almost 15% today after earnings. Revenue for the second quarter of fiscal 2010 was $3.53 billion, up 37% from $2.58 billion in the…