These are the earl-bird upgrades and downgrades we are seeing in Telecom, Tech, and I.T. on this Friday morning with about two and a half hours to open: ARM Holdings (NASDAQ: ARMH) raised to…
The Wall Street Journal has unearthed a memo from Steve Ballmer, CEO of Microsoft (MSFT). In it, he lays out some of his plans for the company. The program falls into four buckets. The…
After over a year of playing cat and mouse, it looks like Apple (AAPL) may be close to a deal with China Mobile (CHL) to sell the iPhone on the mainland. Since the country…
If the stock market crashes, it could bite a number of parts of the economy, and bite them hard. There are several things that Congress could do to help the situation, although the government…
According to Reuters, M&A activity is down sharply. Reuters writes that Anheuser-Busch (BUD) turned down an offer from InBeve. Reuters reports that Yahoo! (YHOO) has realigned its senion management Reuters reports that China Mobile…
XM Satellite Radio Inc. (NASDAQ: XMSR) and its XM Satellite Radio Holdings Inc. announced in a filing today that (on June 26, 2008) it has entered into a Credit Agreement relating to a $100…
Chances are that if you weren’t short selling all day, this was another ugly summer day that made you want to panic. Covering the market wasn’t any more fun either. But imagine that there…
Things were supposed to be bad at Palm (PALM), but, based on earnings, they were even worse. The firm, which has products which compete with the Apple (AAPL) iPhone and RIM (RIMM) Blackberry, among…
Micron Technology, Inc., (NYSE:MU) posted earnings at -$0.30 EPS on net sales of $1.5 Billion. First Call had estimates at -$0.28 EPS on $1.47 Billion in revenues. The company generated $217 million in cash…
Carl Icahn has made his proxy filing today with his formal nominees for the Yahoo! Inc. (NASDAQ: YHOO) board of directors. His stake is also listed as holding 4.98% in the company. His new…
Oshkosh (OSK) Comes out with extremely week outlook. Sells down to $22.20 from 52-week high of $65.83. GM (GM) Big sell rating and possible credit rating downgrade. Economy catches up to Detroit. Makes multiyear…
Every time the market thinks oil won’t go higher, it does. Today it hit $140. To be fair, OPEC president Chakib Khelil said oil could reach $150 to $170 this summer. At the current…
Almost every financial news outlet and website ran the news that Yahoo! (YHOO) was realigning its management. The portal company said "The moves support its strategy to be the starting point for the most…
Microsoft Corp. (NASDAQ: MSFT) might be getting more attention over its virtualization launch of Hyper-V if it wasn’t for the market. This is being interpreted as the equivalent of "Public Enemy #1" to VMware…
If a company is in the video business, and it is not Google (GOOG) YouTube, it might as well shut down. According to new numbers from HitWise YouTube had over 75% of the US…
Today’s selling does not look orderly like it has on many other down days this year. The drop is across almost every sector and most widely-traded shares. Much of it is out of proportion…
Navios Maritime Acquisition Corporation (NYSE: NNA.U) has priced its IPO of 22,000,000 units at a price of $10.00 per unit for aggregate gross proceeds of $220,000,000. Each unit represents one share of common stock…
If one ETF for covering the global trend towards wind power wasn’t enough, we have the announcement of a second wind energy ETF. Invesco’s (NYSE: IVZ) PowerShares Capital Management ETF unit has announced the…
Sequenom, Inc. (NASDAQ: SQNM) has priced its public secondary offering of 5,500,000 shares of common stock at a price of $15.50 per share, and underwriters have a 30-day option to purchase up to an…
Xinhua Finance Media Limited (NASDAQ: XFML) has been a troubled stock of late. The Chinese news agency has been plagued with problems, scandal, and controversy almost since day one after its IPO. The company…