There was an interesting communication from The Blackstone Group, L.P. (NYSE: BX) this morning and the company issued a press release confirming that data. Blackstone announced the closing of Blackstone Real Estate Partners VI. …
In March, Ford, Lincoln and Mercury sales totaled 213,074, down 14 percent compared with a year ago. Sales to individual retail customers were 17 percent lower than a year ago, with essentially the entire…
Mercadolibre, Inc. (NASDAQ: MELI) is in a unique spot as it serves an online payment and e-commerce gateway and platform throughout much of Latin America. The company’s stock is also down close to 50%…
Lazard Capital Markets analyst Sanjay Shrestha has come out maintaining his Buy recommendation on several names in the alternative energy space. Energy Conversion Devices (NASDAQ: ENER) maintain BUY rating and $40.00 target. Lazard met…
Shares of Frontier Airlines (FRNT) are off 12% today to $2.23. The shares have a 52-week high of $7.46. Early this morning the The International Air Transport Association speaking about industry profits said "This…
After 24/7 Wall St. published the Twenty-Five Most Valuable Blogs we decided to look at some niche content sites which compete with blogs and should have similar valuation data. One of these content sites…
JANA Partners LLC has released a detailed white paper analysis of CNET Networks Inc. (NASDAQ: CNET). As you can guess, the activist investor group is rather disappointed with CNET. The groups that JANA has…
BPW Acquisition Corp. (AMEX: BPW.U) is another one of these special purpose acquisition companies ("SPAC") that came public in recent weeks. The SPAC has announced that, starting today, April 1, 2008, its unit-holders from…
A company called BioTrove, Inc. has filed to come public via an initial public offering this morning. It has applied to take the proposed ticker of "BTRV" on NASDAQ. BioTrove has filed to sell…
O’Reilly Automotive, Inc. (NASDAQ: ORLY) has announced that it and CSK Auto Corporation (NYSE: CAO) have signed a definitive merger agreement. O’Reilly will acquire CSK in a transaction valued at approximately $1 Billion, after…
Energy Recovery, Inc. has filed to come public via an initial public offering. The company lists that it will sell up to $175 million in stock in the offering, although that is merely for…
Google Inc. (NASDAQ: GOOG) has recently been under fire from critics over its side-operations in going green and its own space-race. It isn’t the coolness factor that is the issue, but the falling share…
Goldman Sachs believes that Merrill Lynch (MER) and Citigroup (C) may have to "post $14 billion in writedowns on assets linked to collateralized debt obligations." “If our forecasts are correct, it is likely that…
Morgan Stanley writes that the current banking crisis is the worst in 30 years. According to Bloomberg "Credit market turmoil poses the most severe crisis for banks in 30 years, surpassing Black Monday in…
These aren’t the only impact analyst calls this morning, but these are the ones we are focusing the Tuesday in pre-market trading hours: Akamai Tech (NASDAQ: AKAM) Raised to Buy from Neutral at Piper…
Markets in Europe were up at 6.40 AM. The FTSE was up .7% to 5,744. Barclays (BCS) was up 4.6% to 474 BP (BP) was down 1.9% to 502.5. The DAXX rose 1.4% to…
Wal-Mart (NYSE: WMT) will start to sell its own "green" brands of coffee. They will be come from beans planted at carbon-neutral facilities. The brands, will, of course compete with the Maxwell House and…
Hedge funds had their worst first quarter on record. Some have already started to fail, and others are likely to . According to the FT "This year has seen a series of hedge fund…
The news that Microsoft (NASDAQ: MSFT) would not raise its bid for Yahoo! (NASDAQ: YHOO) came as enough of a surprise that it made the front page of some papers. Microsoft managers "argue that…
The idea that oil might hit $120 was the stuff of fairy tale and lying around the poker table. At least up until now. A new Reuters poll of analysts shows that many of…