According to Bloomberg "Goldman Sachs Group Inc.’s (GS) Global Alpha hedge fund may lose about $6 billion in assets this year, a 60 percent decline, because of trades that went awry and client withdrawals,…
Hewlett-Packard (HPQ) earnings always hit the quarterly cycle late. Its fiscal puts it a month behind most companies, so it gets a chance to run the anchor leg of the reporting race. HPQ is…
Sears Holdings (SHLD) appears to be making a play to buy specialty retailer Restoration Hardware. (RSTO). Catterton Partners has already agreed to pay $6.70 for the company. But, when work got out that Sears…
According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay in business. The report…
Markets in Asia moved higher The Nikkei rose 1.1% to 15,212. Daiwa Securities rose 3.6% to 1010. NTT (NTT) fell 2.2% to 50000. The Hang Seng was up 1.1% to 27,771. China Netcom (CN)…
Market in Japan and China should expect big pressure at the open on concerns over US credit markets, a lending freeze in China, and rising oil prices. .Shanghai, Hong Kong, and Tokyo exchanges are…
According to MarketWatch, big retailer Sears (SHLD) has bought 5.3 million shares of specialty shop manager Restoration Hardwas (RSTO) Sears picked up the shares for $30.2 million. RSTO is up 18% after hours. Restoration…
Wall St. expected good things from Chinese company Focus Media (FMCN) First Call had a limited range of projections from only a few analysts, but the recent quarter was expected to show $0.44 EPS…
A number of rumors about an AT&T (T) buy-out of satellite TV provider Echostar (DISH) took the stock up 19% today to $47.49. But, it may all have been too good to be true.…
H-P (NYSE:HPQ) has posted Q4 2007 earnings of $0.86 EPS on revenues of $28.29 Billion. Mark Hurd & Co. is guiding EPS to $0.80 and revenues to $27.4-$27.5 Billion in revenues for Q1 2009,…
GENESCO (GCO) Broken buy-out. Down to $29.04 from 52-week high of $54.15. Unisys (UIS) No new news. Old line computer maker working on transformation to services. Down to $5.13 from 52-week high of $9.70.…
According to Reuters "a survey conducted by the Consumer Federation of America (CFA) and the Credit Union National Association (CUNA) found that 35 percent of U.S. adults surveyed plan to spend less during the…
Chinese advertising giant Focus Media Holding Ltd.(NASDAQ:FMCN), is set to report earnings after the close. First Call has a limited range of from only a few analysts, but this quarter is expected to show…
Percentage of U.S. Searches Among Leading Search Engine Providers Domain Oct.-07 Sept.-07 Oct.-06 www.google.com 64.49% 63.55% 60.94% search.yahoo.com 21.65% 22.55% 22.34% search.msn.com 7.42%* 7.83%* 10.72%* www.ask.com 4.76% 4.32% 4.34% Note: Data is based on…
China Sunergy Co. Ltd. (NASDAQ:CSUN) is seeing shares trade lower after today’s disappointing earnings. Lazard Capital Markets’ Sanjay Shrestha has maintained his "Sell" rating today with a whopping $6.00 target ($7.59 today, down 5.5%). …
As far as investors are concerned, today’s Hewlett-Packard (NYSE:HPQ) announcement is perhaps the single largest investment event for investors who have been trying to figure out if they can really hide their investment bucks…
The promise of fuel cell cars has been a long arduous prospect for investors and for green-tech consumers alike. Last week marked the more official unveiling of Honda Motor’s FCX Clarity, the coming fuel…
The brokers at Merrill Lynch (MER) are tired of the lack of respect that they have had over the last several years. Stan O’Neal, the former CEO, treated them and their chief like dirt.…
Gannett (GCI) reported grim numbers for October, and debt-laden newspaper chain McClatchy (MNI) took it hard. Shares of the Sacramento-based newspaper chain hit a 52-week low of $15.07, down well over 60% since the…
Silicon Alley Insider has passed PaidContent.org as the leading media industry blog, just four months after going into business. According to Alexa.com, an online traffic rating service, Alley Insider ranked 13,472 among all websites…