As traders look to the news covering whether or not Electronic Data Systems Corporation (NYSE: EDS), there was a release from Hewlett-Packard Co. (NYSE: HPQ) that confirmed the two companies were engaged in merger…
Evercore Partners (EVR) was knocked down to $12.54 against a 52-week high of $33. Playboy Enterprises (PLA) sold off to $6.80 on a continuing poor reaction to earnings. The company has a 52-week high…
It may be that Citigroup (C) will never be fixed. According to Oppenheimer & Co analyst Meredith Whitney the bank "will be forced to announce the sale of major businesses toward the end of…
If you thought big tech mergers were over, there may be another one brewing. Be sure to focus on the term "may"" in that. The WSJ has reported that Hewlett-Packard (NYSE: HPQ) is in…
AMAG Pharmaceuticals (NASDAQ: AMAG) has been added to the Nasdaq Biotechnology Index (NASDAQ: NBI) beginning May 19, 2008. AMAG shares up $1.26 at $39.85. The 52-week range is $38.16 to $72.95. Cell Genesys (NASDAQ:…
Online videos viewed in March moved up to 11.5 billion, a 13% jump from the year before and a tremendous pop of 64% over the same month last year. The question is whether anyone…
Clear Channel (CCU) has a leveraged buy-out in place. Of course, like many of these deals cut last years, the banks tried to walk out a side door. often claiming that the businesses they…
With all the Special Purpose Acquisition Companies (SPAC’s) that have filed to come public, many SPAC’s haven’t proposed an actual business move they are designed to execute. Blank check company GSC Acquisition Company (AMEX:…
Oilsands Quest Inc. (AMEX: BQI) is seeing a positive reaction to news that the company entered into an agreement with Sprott Asset Management Co. for a private placement of 11,904,761 treasury shares of common…
Sprint Nextel Corp. (NYSE: S) already has issues coming up over its WiMAX scenario, and this could have long-term implications on all parties involved. This isn’t even about earnings either. The Clearwire Corporation (NASDAQ:…
Titan Machinery Inc. (NASDAQ:TITN) has been one of the best IPO’s since the end of 2007, and its ties to agriculture machinery are to thank. Recently, shares saw some pressure after it disclosed a…
Cell Genesys, Inc. (NASDAQ: CEGE) plans to offer 7.1 million shares of common stock and warrants at an equivalent of $4.22 per share with a single institutional investor, for an equity offering valued at…
NextWave Wireless (NASDAQ: WAVE) amended a shelf offering late on Friday by selling stockholders of 9,101,718 shares of common stock to be periodically sold in one or more offerings. This stock has seen a…
Apple (AAPL) appears to have picked up a deal to deliver HBO programming though iTunes according to Portfolio. The new partnership will involve HBO, a unit of Time Warner (TWX) getting a better deal…
Charter Communications Inc. (NASDAQ: CHTR) managed to post narrower losses for Q1 in 2008. The highly in debt cable company posted a net loss of $358 million, or -$0.97 EPS. This compares to last…
The short interest in Sirius (SIRI) inflated by 30.9 million shares to 188.9 million. The figures compare April 30 to April 15 numbers. Investor are clearly willing to gamble against the company’s merger with…
Encana Corporation (NYSE: ECA) has announced that it is splitting the company into two pieces. The plan calls for the company to create an integrated oil company from both upstream and downstream assets, and…
IMAX Corporation (NASDAQ: IMAX) is one of the entertainment operations that has been trying to remedy its woes, and its shares at one point were up 100% and more from the 52-week low. This…
JA Solar Holdings Co. Ltd. (NASDAQ: JASO) came out with earnings this morning of $0.14 EPS vs. First Call estimates of $0.11 on a 234% rise in revenues to $160 million vs. estimates of…
Applied Materials, Inc. (NASDAQ: AMAT) has announced a contract award for its SunFab Performance Service™ program which would guarantee the performance cost and output of the Applied SunFab™ Thin Film Line. This is for…