Nuance Communications, Inc. (NASDAQ: NUAN) has announced a dual-pronged deal this morning. It has signed an agreement to acquire eScription, a provider of computer aided medical transcription technology. The total consideration for this transaction…
These are the top individual analyst calls we are focusing on this Tuesday morning: Apple (NASDAQ: AAPL) Cut to Underperform from Market Perform at Morgan Keegan. Corning (NYSE: GLW) raised to Outperform at RBC…
Michael Dell, CEO of Dell (DELL) predicted that 2008 would be a prosperous and profitable year for the company, even in the teeth of a recession. According to Reuters, the company will "expand its…
Palm (PALM) took a $25 million write-off yesterday due to the falling value of the auction-rate securities on its balance sheet. Diamond, Kaplan, and Rothstein is the first law firm to file suit against…
There are only six companies left with "AAA" ratings from both S&P and Moody’s. The are Automatic Data Processing (ADP), Berkshire Hathaway (BRK), GE (GE), Johnson & Johnson (JNJ), Exxon (XOM), and Toyota (TM).…
The Big Three reason that if they cannot sell enough cars in the US, they can make them here and send them overseas. There new agreement with the UAW and a weak dollar make…
The market for desktop PCs and notebooks gets more competitive by the day. Just ask Michael Dell of Dell (DELL). He has cut more people and plans to shut a facility in his hometown,…
It’s that magic time of the economic cycle, all over again. Investors run screens galore for cheap stocks to hide money in during a consumer and credit recession. One group keeps showing up cheap…
Google (GOOG) is launching a nifty new program. It allows programmers who use its Google App Engine to tap the company’s server infrastructure to store their work. That is until they want to store…
If there is any sort of recession at all, the top hedge fund managers don’t know it. John Paulson and Phil Falcone of Harbinger each made as much as $2 billion last year. The…
According to Reuters, Alcoa (AA) profits fell by half due to high energy costs and a weak dollar. Retuers reports that AMD (AMD) cut guidance and will lay-off 10% of its staff. Reuters reports…
Markets in Asia were mixed. The Nikkei fell .5% to 13,250. NEC fell 2.9% to 409. Sony (SNE) fell 3.7% to 4210. The Hang Seng fell .4% to 24,473. China Petroleum (SNP) fell 3.4%…
Rex Energy Corporation (NASDAQ: REXX) has filed with the SEC for a secondary offering of 8 million shares today. KeyBanc Capital Markets is listed as the sole selling agent. As far as the use…
Thursday after the close, we’ll get to see earnings out of Genentech (NASDAQ: DNA). The estimates from First Call are $0.82 EPS on $3.11 billion in revenues. Next quarter estimates are $0.86 EPS on…
ALCOA Inc. (NYSE: AA) gave a strange earnings report today. The aluminum giant gave $0.37 EPS on $7.4 Billion in revenues. First Call had this quarter estimates at $0.48 EPS and $7.2 Billion. To…
Boeing (BA) will never finish its 787 Dreamliner, not at least during the lifetime of anyone over 40. The company said it would make a statement about it plans for the plane this Wednesday.…
AMD (NYSE: AMD) said things did not go its way in Q1. No one should be surprised. AMD has not had a good quarter in over two year. How CEO Hector Ruiz keeps his…
4 Kids Entertainment Inc. (NYSE: KDE) not looking so hot, hitting new low of $8.97 today. The 52-week range is $9.33 to $19.90. Shares bottomed at $8.94 ev3, Inc. (NASDAQ: EVVV) decreased its quarter…
In what is likely to become almost a routine announcement for public companies, Palm (NASDAQ: PALM) revised its fiscal third quarter loss. The device company took at write-down for the value of auction-rate securities…
Journal Register Company (NYSE: JRC) has finally announced today that it hired Lazard Freres & Co. LLC as its financial advisor to help the company evaluate strategic options. It noted concern over the state…