Watch For That Apple (AAPL) 3G iPhone In June
Since everyone else has a date for the Apple (NASDAQ: AAPL) iPhone launch, why not offer another? According to intoMobile, the faster and thinner versions of the iPhone will come out in June at…
All Work
Douglas A. McIntyre
Wal-Mart (WMT) Beats The Street
Wal-Mart (NYSE: WMT) beat Wall St. expectations for same-store sales raising optimism that the world’s largest retailer is turning around and may post strong earnings for the quarter and the year. March same-store sales…
Cerberus Has $7 Billion To Buy Bank Assets
Despite the beating it has taken in Chrysler, private equity fund Cerberus has about $7 billion on the sidelines to put into bank assets, many of which are going for a fraction of their…
GM (GM) And Toyota (TM): 662,000 Recalls
GM (NYSE: GM) and Toyota (NYSE: TM) are, between the two of them, recalling 662,000 cars in the US, a market where only 15 million vehicles will be sold this year. Most of the…
MySpace TV: A Show Without An Audience?
News Corp’s (NYSE: NWS) will create a series of TV shows around its MySpace social network website. In a sign that nepotism is not dead, a company owned by News Corp CEO Rupert Murdoch’s…
Lehman (LEH) To Liquidate Three Funds
In a sign that write-offs are still coming from unexpected quarters, Lehman (NYSE: LEH) has disclosed that it will liquidate three funds which have found themselves in deep trouble. According to Reuters "The bank…
Inflation Bites With A Vengeance
The World Bank says that food prices will stay above 2004 levels until 2015. Over the next two years they will rise from current levels. Wheat prices have almost tripled in a year. The…
Boeing (BA): Dreamliner Delay Could Still Cost Billions
Wall St. has digested the fact that Boeing (BA) has delayed its 787 Dreamliner again and that it will be more than a year late in launching. The plane-maker also said it was sticking…
George Soros’ Apocalypse Vision (C)(MER)(MS)(BX)
It is spring on Wall St. With the warmer weather comes hope that the big financial crisis which seems to have engulfed everything in the world over the last three quarters is losing its…
Google (GOOG): The Only Winner In Yahoo! (YHOO) Merger Mess
The creator of the law of unintended consequences must have had the scramble to merge with or buy Yahoo! (NASDAQ: YHOO) in mind. Google (NASDAQ: GOOG) gets daily benefit from the fighting and should…
Media Digest 4/10/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner’s (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company. Reuters writes that AMR…
Yahoo! (YHOO): All Hell Breaks Out As AOL And News Corp (NWS) Move In
Various press reports indicate that Time Warner (TWX) may be close to combining its AOL unit with Yahoo! (YHOO). At the same time, Microsoft (MSFT) is planning to make a joint bid for Yahoo!…
AOL-Yahoo! Versus Microsoft-Yahoo!…???? (YHOO, TWX, MSFT, GOOG, IACI)
There is a report out of the Wall Street Journal that Yahoo! Inc. (NASDAQ: YHOO) and Time Warner Inc. (NYSE: TWX) may be close to inking a deal that would potentially combine Internet operations…
The 52-Week Low Club (BID)(AVR)(MNKD)(GRMN)(SSCC)
Sotheby’s Holdings (BID) Market is turning against companies with rick customers are they become poor. Fallst to $24.37 from 52-week high of $61.40. Aventine Renewable Energy (AVR) Crop prices go up, ethanol stocks down.…
Yahoo! (YHOO) To Test Outsourcing Search Ads From Google (GOOG)
According to The Wall Street Journal, Yahoo! (NASDAQ: YHOO) will start to test search advertising from Google (NASDAQ: GOOG). The agreement could grow. Microsoft (NASDAQ: MSFT) is not going to be happy. Douglas A.…
Nike’s Knight Sells $30 Million In Stock (NKE)
There were four separate filings today showing that co-founder and Chairman Philip Knight of Nike, Inc. (NYSE: NKE) filed to sell shares. The trade dates were listed as April 8, 2008. The four separate…
The $1,000 Hamburger
The high price of food is not an aberration. According to the World Bank crop prices are likely to stay above 2004 levels until 2015. Reuters writes the "World Bank said food prices are…
Globalstar, Waiting For Secondary Pricing (GSAT)
Globalstar Inc. (NASDAQ: GSAT) is apparently set to price its (up to) $135 million securities offering tonight. In a previous article, we discussed the terms of the offering, including the fact that underwriter Merrill…
Bed Bath & Beyond, Bracing For Earnings (BBBY)
Bed Bath & Beyond, Inc. (NASDAQ: BBBY) is set to report earnings for its Feb-2008 fiscal fourth quarter today after the close. First Call has estimates at $0.65 EPS on $1.96 Billion in revenues…
Oncothyreon Cleared To Raise Cash (ONTY)
Oncothyreon Inc. (NASDAQ: ONTY), a therapeutic cancer treatment biotech firm, announced today that the SEC has made their filing for periodic offering of up to $50,000,000 in securities effective. The offering was filed March…