A look at News Corp (NWS) earnings shows that the "other" revenue and profit line, which is mostly its online service MySpace, only had an operating profit of $23 million. MySpace is one of…
Toyota (TM) reported a 7.5% increase in profits for the last quarter of 2007. By itself that is an achievement for any car company. The big Japanese firm did indicate that the current quarter…
According to Reuters, Microsoft (MSFT) would borrow some of the money for a purchase of Yahoo! (YHOO). Reuters writes that Toyota’s (TM) net grew 7.5% on emerging market growth. Reuters writes that Yahoo! may…
Markets in Asia were mixed. The Nikkei fell .8% to 13,746. Honda (HMC) fell 3.5% ot 3310. NEC fell 2.7% to 425. The Hang Seng fell 9% to 24,809. China Netcom (CN) fell 3.4%…
On Wednesday, we’ll get to see earnings out of Biogen Idec Inc. (NASDAQ: BIIB). The estimates from First Call for the biotech company are $0.80 EPS on $835.16 million in revenues. Estimates for fiscal…
Corporate Acquirers Inc., is a SPAC, or special purpose acquisition company, that submitted an IPO filing today. The filing shows $100 million proceeds targeted at $10.00 per unit, each unit will consist of one…
K Road Acquisition Corporation, a SPAC, or special purpose acquisition company, submitted an IPO filing last Friday. The filing shows $300 million proceeds targeted at $10.00 per unit, each unit will consist of one…
NEWS CORP (NYSE: NWS, NWS-A) has just posted earnings of $832 million or $0.27 EPS. Its consolidated operating income for the second quarter was $1.4 billion was up 24% versus the $1.1 billion reported…
Dollar Thrifty Automotive (DTG) Rental car company stocks fall as DTG cuts outlook. Drops to $16.27 from 52-week high of $55.30. Ryanair Holdings (RYAAY) Airline warns of rough ride ahead. Sells off to $27.81…
Rambus Inc. (NASDAQ: RMBS) has just posted earnings with a net loss of 0$0.14 EPS on revenues of $40.5 million. First Call had estimates of -$0.10 EPS and $40 million in revenues. There may…
Synchronoss Technologies, Inc. (NASDAQ: SNCR) has just posted earnings of $0.22 EPS non-GAAP on revenues of $36.4 million. First Call had estimates of $0.20 EPS and $35.65 million in revenues. The company ended December…
Below are some of the top issues affecting biotech shares today: AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), a biopharmaceutical company developing iron compounds to treat anemia, saw shares rise 4% to $56.00 after brokerage firm…
On Wednesday morning, we’ll get to see earnings out of IAC/InterActiveCorp (NASDAQ: IACI). Frankly, this one has more questions than answers today. We do not know if Barry Diller is going to be able…
Owning a toll bridge or a toll road would seem like a license to steal. It is, if you can get the asset at a good price. With real estate and financial assets going…
On Wednesday after the close of trading, we’ll get to see earnings out of Akamai Technologies Inc. (NASDAQ: AKAM). The estimates from First Call for the internet content enhanced-delivery technology provider are $0.37 EPS…
On Tuesday, we’ll get to see earnings out of Walt Disney Co. (NYSE:DIS). The estimates from First Call for the entertainment giant are $0.52 EPS on $10.04 billion in revenues. Estimates for fiscal September…
On Tuesday morning, we’ll get to see earnings out of Boston Scientific Corp. (NYSE:BSX). The estimates from First Call for the medical device developer are $0.09 EPS on $2.13 billion in revenues. Estimates for…
Itron Inc. (NYSE: ITRI) shares are being given a positive note this morning. Analyst Sanjay Shrestha of Lazard Capital Markets is maintaining his Buy rating and $115.00 target. This number is based on a…
American Technology Research is removing Intel (NASDAQ: INTC) from its FOCUS LIST this morning. AmTech is still maintaining its official Buy rating and its $27.00 price target on the stock and noted that the…
Goldman Sachs is making a ratings change on Google (NASDAQ: GOOG) this morning. Google has been removed from the Goldman Sachs Technology Framework Favorite Growth List after seeing shares drop some 14.1% since being…