eBay Inc. (NASDAQ:EBAY) has agreed to a settlement with MercExchange, L.L.C. to dismiss all claims and appeals in the patent lawsuit filed by MercExchange in September of 2001. These two companies had been involved…
We have yet another blank check company or SPAC (special purpose acquisition company) that has filed to come public via an IPO. United Services Management has filed for an initial public offering of up…
Dell Inc. (NASDAQ: DELL) is set to report quarterly and fiscal earnings after the close of trading today. on last look, First Call had estimates at $0.36 EPS on revenues of $16.27 Billion. Those…
BP plc (NYSE: BP) announced that it has moved into full construction of Phase One of the Sherbino Wind Farm, a 150 megawatt renewable wind energy project that is roughly 30 miles east of…
Evidence, anecdotal or stronger, is emerging that Dell (NASDAQ: DELL) machines are selling poorly at retailers like Wal-Mart (NYSE: WMT) and Best Buy (NYSE: BBY). The lines of people looking for a new PC…
CardioNet, Inc. has set the terms for its IPO in an amended SEC filing. The systems provider for monitoring real-time patient information intends to sell some 6.6 million shares in a price range of…
XM Satellite Radio just posted earnings of a net loss of $239 million on a 20% rise in revenues to $308 million. The net loss on an EPS basis was -$0.78 EPS, but that…
CVR Partners, LP has filed to come public via an initial public offering, and it will have the proposed ticker of "CVE" on the NYSE. The prospectus calls for a sale of 5.25 million…
These are not all of the calls affecting stocks, but these are the top analyst calls that 247WallSt.com is looking at this Thursday morning: Blockbuster (NYSE: BBI) raised to Overweight at JPMorgan. Borg Warner…
Sprint (NYSE: S) announced consolidated net operating revenues in the quarter were $9.8 billion, compared to $10.4 billion in the fourth quarter of 2006. The net loss for the quarter was $29.5 billion or…
Stocks fell in Europe at 6.55 AM New York time. The FTSE was off .8% to 6,033. Whitbread rose 7.1% to 1313. Vodafone (VOD) fell 1.1% to 162.4. The DAXX dropped .8% to 6,941.…
Sears (SHLD) spent all of its money on stock buy-backs, which leaves it low on cash. Sears reported net income of $426 million, or $3.17 per diluted share, for the fourth quarter ended February…
The captain of a commercial airline is in charge, no matter what. If things don’t work out, the blame often falls to him. Airline pilots have taken that principle all the way to controlling…
As The Wall Street Journal points out, the DJIA is up 6% in a month. That is because, if results from financial firms in the index are backed out, the rest of the companies…
One of the nice things about writing down assets is that they often get to be written up later. Big banks and insurance companies have something to look forward to beyond these dismal days…
Henry Paulson, head of Treasury, has decided that legislation to help homeowners with mortgage problems is too broad and will actually help bail out irresponsible people who were careless with their personal finances. It…
The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January 21. Short…
According to Reuters, Fed chief Bernanke said the Fed was ready to help the economy if necessary. Reuters writes that financial results at Deutsche Telekom (DT) met expectations for 2007. Reuters writes that Nortel…
Markets in Asia were mixed. The Nikkei fell.8% to 13,925. Honda (HMC) fell 2.3% to 3350. KDDI rose 2.3% to 627000. The Hang Seng rose .4% to 24,592. China Petroleum (SNP) rose 3% to…
Sears Holdings Corp. (NASDAQ: SHLD) is set to report earnings on Thursday morning. First Call has estimates pegged at $3.10 EPS on $15.26 Billion in revenues. Next quarter estimates are $0.36 EPS on $11.4…