Yahoo! Inc. (NASDAQ:YHOO) has filed its own proxy materials for its August 1 shareholder meeting, and it is essentially asking shareholders to follow it 100% with no concessions to activist and raider Carl Icahn. …
Even the kings and princes of Saudi Arabia are getting concerned about the rising price of crude. The are pushing for a summit meeting of the world’s largest oil producers and consumers. According to…
After the close of trading today, or shortly before the close as before, we’ll get the fiscal Q3-2008 quarterly earnings report out of CMGI Inc. (NASDAQ: CMGI). Unfortunately there is only one real estimate…
Nokia (NOK) can’t seem to get the message the consumers don’t want pseudo Apple (AAPL) iPhones. The world’s largest handset maker will release its new N96 super-sophisticated handset later this year. According to Reuters,…
Meredith Whitney of Opperheimer covers financial stocks, but she clearly hates them. At least for the time being. She is no making the point that as MBIA (MBI) and Ambac (ABK) lose their "AAA"…
These are not all of the analyst calls affecting shares this morning, but these are ten that we are focusing on this Monday morning: AbitibiBowater (NYSE: ABH) started as Outperform at RBC Capital Markets.…
Brazil says it will launch a $200 billion sovereign fund with the money from all the oil it has found off-shore. Of course, none of that oil has been brought to the surface, but…
Several companies which hold most of the patents for super-fast wireless broadband technology WiMax have creating a patent pool to keep licensing fees down. Included in the new arrangement are Cisco (CSCO), Intel (INTC),…
Corn prices hit an all-time high overnight. There has been too much rain on the farms where it is raised in the US. The cost of the stuff is up 47% this year. Corn…
Sam Zell took The Tribune Company private and probably regrets that every hour of every day. With the downturn in the industry, his huge debt load is like a boat anchor. Zell has announced…
Wal-Mart (WMT) seems to have signed an exclusive deal with rock band AC/DC for distribution of its new CD in the stores of the world’s largest retailer. Apple (AAPL) won’t be selling that album…
Lehman (LEH) appears to have raised $6 billion from places like The New Jersey Division of Investment and Hank Greenberg’s C.V. Starr fund. It is a nice chunk of change, but it is very…
According to Reuters, Lehman (LEH) is close to rasing $5 billion. Reuters writes that one Goldman analyst see oil at $150 this summer. Reuters reports that HP (HPQ) has settled its patenet litigation with…
Most markets in Asia were down with Chinese market closed. The Nikkei was off 2.2% to 14,818. Canon was down 4.4% to 5450. Sony (SNE) was down 3.7% to 5280. Toyota (TM) was off…
South Korea has decided that the oil crisis is doing so much to undermine its economy that it has put together a $10 billion package to aid consumers and small businesses whose financial prospects…
The sight of the gallows focuses the mind. Now that oil is close to $140 a barrel, a number of potential solutions for the crisis that were not options a year ago, have suddenly…
O2, which has the exlusive distribution rights to the Apple (AAPL) iPhone in the UK, may give away free 3G versions of the handset when it comes out next week. Why? If a customer…
Due to slowing GDP growth in the West, especially in the US, and constant and rapid GDP growth in the BRIC nations, their portion of the global economy will be much larger than estimated…
We rarely publish reader comments or letters, but we want to pass along one from Kirit Vora, who has an MIT e-mail address, and may be the same man who is president of staff…
Apple (AAPL) may be short on materials for its new 3G iPhone which is set to be released next week. If the news is true, watch Apple’s shares drop from their current level of…