According to Reuters, Rhapsody, a music service owned by Real Networks (RNWK) and Viacom (VIA) will make a push against Apple (AAPL) iTunes by embracing the iPod as its player. Reuters writes that the…
Markets in Asia were mostly lower. The Nikkei fell.5% to 13,481. Dentsu was down 2.2% to 225000. Docomo (DCM) was up 2% to 156000. The Hang Seng was up .5% to 23,157. China Netcom…
Sirius (SIRI) staged an odd rally late Friday, moving up 15%. the rise began after 2 PM. The sharp increase in the shares was may on tremendous volume, nearly 47 million shares.That is nearly…
According to Reuters, Steve Ballmer has become the lone voice at the head of Microsoft (MSFT). Reuters writes that fund managers hope that clients from sovereign funds will fill the gap left in money…
Wall St. was disappointed by RIM’s (RIMM) forecast for the upcoming few quarters? Could the same thing happen to Apple (AAPL)? Several companies in the cell phone business have made comment that the second…
According to Reuters, the Anheuser-Busch (BUD) board is under pressure to justify what it did not take InBev’s buy-out offer. Reuters writes that overseas money is reluctant to invest in US car companies. Reuters…
Smithfield Foods (SFD) S&P downgrades due to credit problems. Falls to $19.75 from 52-week high of $24.69. American Eagle Outfitters (AEO) President of the company is leaving, and retail is poor. Falls to $13.37…
This week could be called "official bear market territory" with some traders, but IPO traders might call this one the "IPO Withdraw Week." As you will see below, we had three IPO filings get…
For the past two months, all the news from Cheniere Energy (AMEX:LNG) has been bad. First, there was the triple whammy. Then there was an awful earnings report for Cheniere and its spin-off, Cheniere…
If you have followed the launch of the "cool cellular" service called Helio over the last year or so, you might be among the few who remembered it even launched. This was the joint…
We have been running through many companies to determine which dividends appear safe. Investors chase high dividend stocks with stable earnings when they are concerned about where to put their money. We looked for…
In coverage this morning, Goldman Sachs has come out and reiterated the firm’s Cautious analyst coverage view for the corn-based ethanol producers. Specifically, the firm has reiterated its "SELL" ratings on: Aventine Renewable Energy…
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…