Yahoo!’s (YHOO) shares are off over 20% in trading in Germany after the portal company rejected an offer from Microsoft. According to Bloomberg."Citigroup Inc. and ThinkPanmure LLC analysts cut their ratings on Yahoo’s stock…
Google (GOOG) rules the search world in all but one important country. China not only has the largest population in the world, it has the largest number of people online totaling 221 million users.…
With the huge amount of debt on airline balance sheets and rising fuel costs, the big carriers may have trouble meeting their debt service or loan covenants. United (UAUA) has over $7 billion in…
Pegging Yahoo!’s (NASDAQ: YHOO) potential financial exposure from shareholder lawsuits after it turned down an offer of about $33 from Microsoft (NASDAQ: MSFT) is hard. It starts with the difference between the offer and…
Mixed week for stocks as dollar rises, oil falls, Fed cuts Wall Street started the week down, as investors chewed on the Mars acquisition of Wrigley, and closed lower again Tuesday, ahead of the…
According to Reuters. Warren Buffett says that US is in a recession and large banks will face more pain. Reuters writes that Yahoo! (YHOO) may face lawsuits after rejecting an offer from Microsoft (MSFT).…
Marvel Entertainment (MVL) and Viacom (VIA), parent of Paramount, benefitted as "Iron Man" based on a Marvel comic book character brought in over $100 million. According to the AP The film also scored overseas…
Crude has bumped up against $120 several times in the last month. It wants to go higher, and it will. Price was pushed down by the Fed’s action and some improvement in the dollar.…
It’s official. At 7:56 PM Saturday night, Steve Ballmer of Microsoft (NASDAQ: MSFT) officially threw in the towel in its bid to acquire Yahoo! Inc. (NASDAQ: YHOO). Now that the details are out, the…
According to several sources, Microsoft (MSFT) has dropped its offer to buy Yahoo! (YHOO). The Wall Street Journal writes that "Microsoft said it had increased its offer to $33 a share, but said Yahoo…
It appears that Boeing (NYSE: BA) is facing another delay for deliveries of its 787 Dreamliner and the company’s CEO is facing a major challenge to his credibility. After two significant set-backs in the…
Sprint (NYSE: S) may have found a buyer. The interested party is German phone giant Deutsche Telekom NYSE: DT). DT owns the fourth largest cellular carrier in the US. Sprint has the third largest…
Late word is that the hedge fund business that Citigroup (C) CEO Vikram Pandit sold to the bank for $800 million has lost a huge amount of its value. All of the outside investors…
Everyone loves covering Warren Buffett, rain or shine. His long-term shareholders love him, the media follows his every move, and everyone on Wall Street either cares about his potential next buyout or cares about…
While it may be a foregone conclusion, it is time for Jonathan Schwartz to leave as the CEO of Sun Microsystems (NASDAQ: JAVA). He has done absolutely nothing for the company since taking over…
Shares of both Sirius Satellite radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are trading higher in pre-market trading today. You could say it is the market, but it could also be tied…
Chevron Corporation (NYSE:CVX) reported earnings of $5.17 billion and $2.48 EPS for the first quarter of 2008. First Call had estimates at $2.41 EPS. This compared with $4.72 billion and $2.18 EPS for the…
Investools Inc. (NASDAQ: SWIM) is under serious fire this morning from traders. The company posted net income of $0.17 EPS, but First Call was at $0.21 EPS. This is on a record revenue with…
The Labor Department just released the April 2008 unemployment numbers. While these are negative, they aren’t as bad as estimates. The unemployment rate came in at 5.0% versus estimates we had marked as as…
Viacom Inc. (NYSE: VIA) posted earnings of $0.44 EPS on $3.12 Billion in revenues. First Call consensus estimates were $0.41 EPS and $2.97 Billion on revenues. This shows that revenues rose 14.7% year over…