Many biotech stocks are enjoying large gains Monday, although some are on no real breaking news. Here is a look at some notable gainers: Amylin Pharmaceuticals Inc. (NASDAQ: AMLN) up $1.39 to $28.97, a…
It seems that amidst a global tightening of credit standards and many lending spreads have widened out (while rates are easing) doesn’t affect all companies out there. That’s particularly true if you are an…
Tuesday morning we’ll get to see earnings out of Fortress Investment Group LLC (NYSE: FIG). After close to a year of being public and as the public is scrutinizing anything not vanilla, this is…
Morningstar Inc. (NASDAQ: MORN) has announced that its Morningstar Investment Services unit has introduced a managed account service with a line-up of five actively managed portfolios that use exchange-traded funds (ETF’s) to cover a…
JP Morgan (NYSE: JPM) revised its $2 offer for Bear Stearns (NYSE: BSC) up to $10. Bear now trades at $11.40. Someone may think that JPM or another entity may come in even higher.…
This morning, Tiffany & Co. (NYSE: TIF) reported earnings. While results were down more than 15% from last year, its adjusted earnings of $1.27 EPS ($0.89 after loan and other charges) beat analysts estimates…
SolarWinds, Inc. has filed to come public via an initial public offering. It noted an amount in the IPO of up to $250 million in equity sales and has applied for he ticker "SWI"…
VMware, Inc. (NYSE: VMW) has announced that it is opening a new R&D facility in Bangalore. The leader in virtualization also noted that it plans to double its development team in India to more…
Marathon Acquisition Corp. (AMEX: MAQ, MAQ.U, MAQ.WS), special purpose acquisition company, or SPAC, has announced that it will effect a merger with Global Ship Lease in order to become an operation entity. This is…
Goldman Sachs is maintaining its Buy rating this morning on Companhia Vale do Rio Doce (NYSE: RIO), but the firm is adding the stock to its Americas Conviction Buy List. Shares are down over…
These are the top ten analyst calls we are looking at this Monday morning in pre-market trading: CIGNA (NYSE: CI) raised to Buy at UBS. FPL Group (NYSE: FPL) raised to Overweight at Lehman.…
According to The Inquirer, Apple (NASDAQ: AAPL) is releasing the latest version of its Safari operating system to Windows users. It may get some of them to switch. Hard to see that the move…
There is growing concern about where the Fed will get the hundreds of billions of dollars it will need to bail-out failing banks and brokerages. Most economists point to the tax-payer as the ultimate…
Verizon (NYSE: VZ) has started to give the cable companies fits with its new fiber-based TV and broadband services. The offering has all of the advantages of cable products and claims to have faster…
For reasons that are not entirely clear, JP Morgan (NYSE: JPM) filed detailed information on the valuations of securities held by itself and other banks with a court in Canada. According to the FT…
Optimistic securities analysts are starting to lose their nerves. According to the Reuters Estimates survey, Wall St. thinkers now believe that earnings for the S&P 500 will drop 5.5% in the first quarter of…
"There are no second acts in American lives"–F. Scott Fitzgerald Several former Countrywide (NYSE: CFC) executives are starting a new company, with the support of financial company Blackrock (NYSE: BLK) to buy troubled mortgages.…
Samson has been shorn of his locks and blinded. JP Morgan (NYSE: JPM), it appears, will raise its bid for Bear Stearns (NYSE: BSC) from $2 a share to $10. It is not necessary…
According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC) from $2 to $10. Reuters writes that analysts now see a steep drop in…
Markets in Asia were mixed and Hong Kong was closed for a holiday. The Nikkei fell a fraction to 12,480. Toyota (TM) was up 1% to 5270. Yahoo Japan was up 2.5% to 50500.…