iStar Acquisition Corp. appears to be the latest special purpose acquisition company filing for an IPO. The company has registered to sell 57.5 million units at the traditional $10.00 per unit, with each unit…
Oracle Corp (NASDAQ:ORCL) made its "virtualization push" public yesterday at its Oracle OpenWorld, which is seeing some mixed reaction on the day after. The enterprise software giant has not had a public or formal…
These are not the only analyst calls out there this morning, but these are the top ten that 24/7 Wall St. is looking at this morning. AutoDesk (ADSK) raised to Buy from Neutral at…
Microsoft (MSFT) things the first version of it Zune player, meant to compete with the Apple (AAPL) iPod, was under-marketed. According to The New York Post "while the updated Zune may be short on…
Yahoo! (YHOO) is cutting deals to improve its mobile foot-print is Asia. Wireless is one of the few areas where the company might beat rival Google (GOOG). The Silicon Valley-based Internet company also said…
Wal-Mart (WMT) reported its sales and earnings for the quarter ended Oct. 31, 2007. Net sales for the third quarter of fiscal year 2008 were approximately $90.9 billion, an increase of 8.8 percent over…
Home Depot (HD) reported fiscal 2007 third quarter consolidated net earnings of $1.1 billion, or $0.60 per diluted share, compared with $1.5 billion, or $0.73 per diluted share, in the same period in fiscal…
Wal-Mart (WMT) is giving its workers better healthcare benefits. According to The New York Times "Wal-Mart, the nation’s largest private employer, provides insurance to 100,000 more workers than it did just three years ago." …
Markets in Europe were off slightly at 6 AM New York time. The FTSE fell .3% to 6,321. Barclays (BCS) was up 2.5% to 526. BP (BP) was off 1.9% to 585. BHP Billiton…
Rupert Murdoch, head of News Corp (NWS) told Reuters that the tough economy is not hurting his company in the current quarter. Good news for his shareholders. But, the most important thing Mr. Murdoch…
Robert Shiller, is a Yale University economist and co-developer of Standard and Poor’s S&P/Case-Shiller Home Price Indices, a highly regarded measurement of the housing market. He believes that home prices could go much lower…
There will be no lower oil price in consumer stockings for Christmas. In an interview with the Financial Times, Ali Naimi, the Saudi oil minister, said “there will be absolutely no discussion” by heads…
According to Reuters, News Corp (NWS) CEO Rupert Murcoch says the company is having a strong quarter. Reuters writes that Yahoo! (YHOO) has entered partnerships to expand its mobile business across Asia. Reuters writes…
Markets in Asia were mixed The Nikkei fell .5% to 15,127 . KDDI was down 2.6% to 757000. Toyko Gas was down 3% to 481. THe Hang Seng rose .5% to 27,803. China Netcom…
Before the open on Tuesday morning, Home Depot (NYSE:HD) is set to report earnings. If you can find anyone positive they are either named "Pangloss" or they look like Robin Williams and named themselves…
Wal-Mart Stores Inc. (NYSE:WMT) is set to report earnings before the open on Tuesday morning. There is a discrepancy on earnings consensus, because the WSJ shows a FactSet consensus at $0.66 EPS and First…
Quest Software, Inc. (NASDAQ:QSFT) has announced the acquisition of the assets of Provision Networks Inc. Provision is a privately held enterprise-grade presentation and desktop virtualization solutions provider across both physical and virtual desktops, and…
24/7 Wall St. does not normally cover venture capital news, particularly when it doesn’t pertain to a pre-IPO company. But when we see news that Al Gore is joining a top VC-firm like Kleiner…
GlaxoSmithKline’s (GSK) diabetes drug Avandia has such frightening side effects that the FDA will probably make it carry a "black box" label. Studies have found that the treatment can increase risk of heart attack.…
Is it normal for a company to respond to a "negative credit watch" call from a ratings agency, only to see its stock fall another 31%? Enter ACA Capital Holdings, Inc. (NYSE:ACA)…. Last Friday…