Accorrding to Reuters, GM (NYSE: GM) will have half of its cars running on ethanol by 2012. Reuters writes that Cisco (NASD: CSCO) gave a weak forecast, moving tech shares down. Reuters writes that…
Most markets in Asia were close for a holiday. The Nikkei was up .8% to 13,207. KDDI was up 5.2% to 714000 Docomo (DCM) was up 1.9% to 163000. Data from Reuters Douglas A.…
Thursday is going to be an interesting earnings day if you follow the few independent Internet Service Providers (ISP’s). EarthLink, Inc. (NASDAQ: ELNK) and United Online Inc. (NASDAQ: UNTD) both report earnings on Thursday,…
Carl Icahn has disclosed in an 13D SEC FILING that he boosted his share ownership in Motorola Inc. (NYSE: MOT). Icahn indicated his ownership of the stake in a notice to nominate four directors…
Northwest (NYSE: NWA) and Delta (NYSE: DAL) are getting very close to announcing a merger. According to the FT "the airlines may clinch the landmark accord as early as mid-February, the people said, though…
Cisco Systems, Inc. (NASDAQ: CSCO) did give guidance in the conference call, and the shares got whacked over a less confident in near-term visibility and a weak January that is expected to last for…
Akamai Technologies Inc. (NASDAQ: AKAM) has just posted normalized earnings of $0.41 EPS on revenues of $183.2 million. First Call had estimates of $0.37 EPS and $174.61 million in revenues. Estimates for the next…
Cisco Systems, Inc. (NASDAQ: CSCO) has just posted earnings of $0.38 non-GAAP EPS on revenues of $9.83 Billion. First Call had estimates of $0.38 EPS and $9.79 billion in revenues. Net earnings after charges…
Macy’s Inc. (NYSE: M) is seeing shares hold up better than you’d imagine if you would have gotten to see the news last week or even yesterday. Traders are still reacting to headline news…
Apple Creek Acquisition Corp. is a special purpose acquisition company, or a SPAC, that has filed to come public. For filing purposes it lists that it intends to sell up to 25.875 million units…
There was a rather odd email that went out to Yahoo! (NASDAQ: YHOO) employees today from Jerry Yang, CEO. Here is the full link at the SEC website and you’ll notice that this email…
Octavian Advisors, LP, a global alternative investment management firm managing over $1 Billon in assets, has hired Arif Gangat as Managing Director and Oscar Mockridge as Director to focus on international distressed debt investments. …
After the close of trading we’ll get to see earnings out of Cisco Systems, Inc. (NYSE: CSCO). The estimates from First Call for the networking giant are $0.38 EPS on $9.79 billion in revenues. …
Circuit City Stores, Inc. (NYSE: CC) has an interesting filing this morning, and we are frankly surprised about it. If there is one technology retailer that has screwed up its operations and that has…
Despite not knowing whom the ultimate winner of the 2008 Presidential election will be, it looks like stem cells may be one of the real bright spots as far as which area in biotech…
Icagen Inc. (NASDAQ: ICGN) has announced that it has provided notice to exercise its put option with Pfizer Inc. (NYE: PFE). This is for the private placement of approximately $10 million of Icagen common…
Polo Ralph Lauren Corp. (NYSE: RL) has posted net income of $113 million, which translates into $1.08 EPS for its Q3-2008. This is up from its net income of $111 million, or $1.03 EPS,…
IAC/InteractiveCorp (NASDAQ: IACI) has posted headline EPS $0.46, while First Call had estimates at $0.55. Total revenues were brought in at $1.86 Billion, versus a $1.83 Billion estimate. We would note that there appears…
The founder of the Linux open source project, Linus Torvalds, said Microsoft’s (NASDAQ: MSFT) Vista operating system weak and full of bugs. But, he left his hardest criticism for Apple’s OS X Leopard. "(But)…
Here are some of the top individual analyst calls in pre-market trading: Clorox (NYSE: CLX) downgraded to Underweight at Lehman. Estee Lauder (NYSE: EL) raised to Equal-weight at Lehman. Lamar Advertising (NASDAQ: LAMR) started…