Cell Therapeutics (NASDAQ: CTIC) has filed an open mixed securities shelf registration for up to $150 million. This will allow it to sell debt securities, common stock, preferred stock, and warrants. Last Tuesday, the…
Hasbro, Inc. (NYSE:HAS) has finally purchased all of the intellectual property rights related to the Trivial Pursuit brand from Horn Abbot Ltd. and from Horn Abbot International Ltd. Hasbro paid out an aggregate purchase…
Bentley Pharmaceuticals Inc. (NYSE: BNT) will be purchased by Teva Pharmaceutical Industries (NASDAQ: TEVA) for $360 million. Bentley shareholders will receive $15 per share and an undisclosed amount of shares in CPEX Pharmaceuticals, a…
Monsanto Company (NYSE: MON) has just announced that it has signed a definitive agreement to acquire De Ruiter Seeds Group B.V., in The Netherlands. This is a Dutch-holding company that owns and operates De…
AMD (NYSE: AMD) is trading off today and is not much above its 52-week low. The reason may be a note out of JP Morgan picked up at Barron’s. The analysis sees AMD missing…
Reuters ran a pretty interesting article regarding Exxon Mobil Corp. (NYSE: XOM) today that really hasn’t gotten much coverage. Apparently, its Esso (Thailand), its unit of Exxon Mobil in Thailand, plans to raise up…
Over the weekend UBS (NYSE: UBS) said that it would be cutting the value of auction-rate securities in it client’s accounts. According to CNN Money "UBS using an internal model to value the securities,…
American Water Works Company, Inc. has finally sets its pricing range in its latest SEC FILING today. This was the fifth such amendment to the original filing in 2007. The mostly regulated water utility…
Usually drug companies look forward to presenting data on their drugs and medical treatments. The the American College of Cardiology meeting was this weekend, and the findings and recommendations are worse than bad. Shares…
Citigroup Inc. (NYSE: C) is making some organizational changes today. The troubled financial and banking supermarket has announced a reorganization of Citi’s structure with what it hopes to achieve greater client focus, connectivity, and…
These are not all of the calls we are seeing this morning, but these are the top analyst calls we see affecting shares in pre-market trading this Monday morning: GFI Group (NASDAQ: GFIG) started…
Aloha Airlines went into Chapter 11 last week. That was not enough. Now the carrier says it is ending passenger service after 60 years of operation. Aloha is small and flies in only one…
Most large corporations amplify the distrust that the common man has for them by making misstatements from time to time. It is Wal-Mart’s (WMT) turn in the gauntlet of public opinion. The world’s largest…
A new piece of research shows that Apple (AAPL) has the largest impact of any global brand. Reuters writes that "The poll by online magazine brandchannel.com asked its readers to identify the brands with…
Yahoo! (YHOO) has started another business which Microsoft (MSFT) can shutter when it buys the big web portal.. Yang & Company are starting a site aimed at women ages 25 to 54. According to…
A mystery wrapped in an enigma. Money is cashing out of equity funds at an alarming rate. Much of that goes into money markets funds. If the stock market ever goes up again, that…
According to Reuters, the Treasury Department will announce a proposed major overhaul of the US financial regulatory system. Reuters writes that Yahoo! (YHOO) introduced Shine, a site for women. Reuters writes that the Apple…
Markets in Asia were down. The Nikkei fell 2.3% to 12,536. Hitachi was down 5.3% to 591. KDDI was down 4.7% to 609000. The Hang Seng fell 1.9% to 22,840. China Life (LFC) was…
Banks are going to the Fed and getting money at 2.5% and putting it onto their balance sheets. What do the big money centers do with the money? They make investments in high-yield instruments.…
There has been some misplaced optimism that financial stocks bottomed earlier this month based on the notion that much of the bad news about write-offs had come out. Mid-month, the Fed increased the amount…