Del Monte Foods Company (NYSE: DLM) is responding to written reports and confirmed that the company is exploring strategic alternatives for its seafood business, which could include a potential sale of the business. Of…
Carl Icahn is a billionaire financier, activist, and investor. Most think of Icahn as an activist investor that wants to get inside and drive value without having to acquire the whole company to resell…
Pharmacopeia, Inc. (NASDAQ: PCOP) is seeing shares surge in pre-market and at the open of trading today. The company said that PS433540, its first-in-class Dual Acting Receptor Antagonist, showed statistically significant blood pressure reductions…
General Electric Co. (NYSE: GE) has confirmed that it is reviewing strategic options for its Appliances business operations. Three possibilities were noted for the unit: a strategic partnership or joint venture; spin off; or…
Last night was a novel release from the American Society of Clinical Oncology (or ASCO) as the society decided to publish all of the findings to the public at once. Keep in mind that…
These are ten analyst calls we are focusing on in pre-market trading this Friday morning: Anadarko Petroleum (NYSE: APC) Raised to Overweight from Equal-weight at Lehman. Fiserv (NASDAQ: FISV) Raised to Market Outperform from…
The balance of trade between the US and its Arab allies has taken several odd twists since the price oil began to move up sharply last year. The US buys oil at $125 a…
Goldman Sachs (GS), king of the oil bulls, has raised its forecast for oil prices in the second half of this year to $141 from a previous estimate of $107. For those without a…
Oil refiners have decided to produce more diesel and less gas. They believe that diesel is more profitable, which is true, and that demand for it will rise in developing countries, which may not…
Yahoo! (YHOO) and big global ad agency WPP will begin a marketing partnership aimed at better targeting of ads. Yahoo! will give WPP access to the thousand of independent sites on its ad network…
AMR (AMR), parent of American Airlines, decided to skip inspections on certain of its airplanes due mostly to cost issues. The aircraft in question were suspected of being hit by lightening. American reasons that…
According to Reuters, Carl Ichan will fight to get Yahoo! (YHOO) to accept Microsoft’s (MSFT) bid. Reuters writes that the Senate has reached an agreement on a housing rescue. Reuters reports that Warren Buffett…
Markets in Asia were mixed. The Nikkei fell .2% to 14,219. Mitsubishi Corp rose 3.4% to 3690. NEC fell 2.4% to 538. The Hang Seng rose .3% to 25,598. China Petroleum (SNP) rose 3..4%…
In a letter which basically called Carl Icahn a dummy, Yahoo! (YHOO) responded to the billionaire’s plan to offer an alternate slate of directors by writing that his understanding of the portal company’s M&A…
After today’s close, we got to see which stocks that Warren Buffett Held in the Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date as he has…
After today’s close, we saw which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date is longer as he has 45-days to…
After today’s close, we saw the filing showing which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) at the cut off date of March 31, 2008. This is a snapshot of…
Ameriprise Financial Inc. (NYSE: AMP) was the stand out stock in Warren Buffett’s holdings today. Beakshire Hathaway inc. (NYSE: BRK.A, BRK.B) held some 661,742 shares and listed as worth some $36.4 million back at…
Unitedhealth Group (UNH) Concerns about healthcare cost cuts still bother stock. Drops to $31.50 from 52-week high of $59.46. The Colonial BancGroup (CNB) No bad news. Just part and parcel of being a bank.…
On Tuesday, May 20, 2008, we’ll see earnings out of Target Corporation (NYSE: TGT) and we’ll get to see just how the "recessed" client base is as far as shopping on a relative basis. …