(BRLC) Syntax-Brillian approved a 120-day action plan by the co’s new management team and Board of Directors.(CLMS) Calamos Asset Management reported assets under management grew to $46.7 BIL as of Sept 30, compared with…
Hoku Scientific, Inc. (NASDAQ:HOKU) has announced that its Hoku Materials subsidiary entered into an Engineering Services & Technology Transfer Agreement for Dynamic Engineering to provide design and engineering services, and a technology license, for…
Bank of America was good enough to raise its price target on Amazon (AMZN) from $90 to $105. The shares trade at $95.85. Better late than never? Douglas A. McIntyre
AT&T (T) is paying $2.5 billion to buy wireless spectrum from Aloha Partners. According to The Wall Street Journal, Aloha’s footprint covers 196 million people. The spectrum blankets 72 of the nation’s top 100…
ADVS started as Hold at Deutsche Bank.ARRY started as Overweight at Lehman.ATVI started as Buy at Citigroup.BOBJ cut to neutral at UBS, cut to Hold at Jefferies.COGN cut to Hold at Jefferies.COO cut to…
There has been a great deal of discussion about the WSJ Online becoming a free website, supported by advertising. A move of this kind is likely to hurt companies like The New York Times…
Europe markets were up modestly at 6.45 AM The FTSE rose .8% to 6,592. BHP Billiton (BHP) was up 1.2% to 1732. BP (BP) was up 1.4% to 577.5. The DAXX was up a…
Google (GOOG) will begin to allow advertisers on its AdSense network to use selected YouTube videos in their marketing messages. This is a big jump from the simple little text ads that do so…
A new academic study shows that hedge funds often mark illiquid financial instruments up a bit more than they should. Since these are securities that rarely trade, it is hard to get a handle…
It did not take Sallie Mae (SLM) long to sue the private equity firms that planned to buy it, and the banks that were to fund the deal. The lead investor was JC Flowers…
In a move that may be meant to capitalize on shortages of the Nintendo Wii, Sony’s (SNE) game unit will reduce the price of its PlayStation 3 game console in Japan, and introduce a…
According to Reuters, Sallie Mae (SLM) sued the buyers who walked away from a deal to buy the company. Reuters writes that Yahoo! (YHOO) will buy 10% of Alibaba, the Chinese e-commerce company, when…
Markets in were mostly higher. The Nikkei rose .6% to 17,160. Honda (HMC) rose 1% to 4020. NTT (NTT) fell 2.1% to 549000. Toyota (TM) fell 1% to 6760. The Hang Seng rose .5%…
The rent-a-temp CEO of XM Satellite (XMSR) does not sound like a man running a company about to be merged into Sirius (SIRI)."This is a business that has never made money, and we have…
On tonight’s MAD MONEY on CNBC, Jim Cramer reviewed ValueClick (NASDAQ:VCLK) as the next potential advertising company that could see a huge gain. After Google (NASDAQ:GOOG) bought DoubleClick and after aQuantive was bought for…
Gary Forsee, the CEO of Sprint (S), is gone. He had been in management at the company in the 80s. He came back as head of the company in 2003. He lead the buy-out…
Yum! Brands Inc. (NYSE:YUM) beat earnings estimates again. The fast food and faster food giant posted 20% gains to $0.50 EPS on a 4% worldwide system same-store-sales. It did note a $0.02 EPS boost…
General Electric (NYSE:GE) announced a $750 million order to supply six advanced technology, Frame 9FB gas turbine-generators and associated services to EDF (Électricité de France) for the utility’s electrical power production facilities in France…
Yum! Brands Inc. (NYSE:YUM) is set to report earnings after the close, and this will be the start of a slow dribble of Q3 2007 earnings season before the onslaught of earnings next week.…
Last week we put together a brief description of what sort of multiples and what it would take for Google (NASDAQ:GOOG) to hit $600.00. This was a mere century mark that was briefly surpassed…