Microsoft (MSFT) has just made its first big move into healthcare with a new product called HealthVault. Individual patients can upload all of their key medical records to a secure online storage area. This…
There is no gravity in the Chinese stock market. Shares in several companies traded in the US but based in China are making big runs again today. China Architectural (RCH) Amex traded shares up…
According to The Associated Press Endo Pharmaceuticals (ENDP). and Penwest Pharmaceuticals (PPCO). said Wednesday the patent on their pain drug Opana ER is being challenged by Impax Laboratories Inc. Endo and Penwest are currently…
Maxim Integrated Products (MXIM) has found itself in a strange predicament over its listing status, but Goldman Sachs doesn’t seem to care. Maxim (MXIM) is being added to Goldman Sachs’ Conviction Buy List, although…
Hollis-Eden (HEPH) and company in the development of a new class of small molecule compounds based on endogenous steroid hormones, today announced new preclinical data with its drug candidate HE3235 for the treatment of…
(ABX) Barrick Gold noted positively by Cramer as his new gold stock.(ANGO) AngioDynamics granted patent entitles “Endovascular Treatment Device Having a Fiber Tip Spacer” in U.S.(ARM) Arvin Motor lowered guidance; stock down 5%.(ATHN) athenahealth…
AAPL started as Buy at BMO Capital.AVR cut to Neutral at JPMorgan.BIOF cut to Neutral at JPMorgan.CHIC cut to Neutral at JPMorgan.CIEN raised to Neutral at UBS.COO cut to Underperform at Bear Stearns.ENDP cut…
Hansen Natural Corp. (NASDAQ:HANS) was downgraded by Goldman Sachs this morning basedupon recent gains in the stock reflecting valuations. Goldman Sachs believes this reflects the potential that it sees for new product growth and…
Yesterday was a bad day for chip stocks based upon Morgan Stanley’s key downgrades in the semiconductor sector. But today is a different day as many major technology companies have been initiated with new…
Do public companies have an obligation to tell the market when there are baseless rumors driving up their stock prices? Probably not. Although, most will make announcements when their shares are falling without reason.…
eBay Inc. (NASDAQ:EBAY) has acquired ViA-Online GmbH, a leading auction management software company in Germany that operates Afterbuy.com to enable professional trading on eBay.de and other online marketplaces. Unfortunately, other terms are not disclosed…
Baidu’s (BIDU) stock is up over 225% in the last six months. The Chinese search engine company has a market cap of almost $11 billion, even though its revenue in the last quarter was…
Markets in Europe were mixed at 6.40 AM New York time. The FTSE rose .7% to 6,583. Barclays (BCS) was up 3.1% to 660. Northern Rock rose 12.5% to 170.8. The DAXX fell .1%…
Stent sales for Boston Scientific (BSX) and Johnson & Johnson (JNJ) have taken a big drop since research began to emerge that the products could cause heart problems. There have been several conflicting studies…
According to Bloomberg, The Justice Department has asked Sirius (SIRI) for more information related to its merger with XM Satellite Radio (XMSR) "They continue to ask for information," Karmazin said of the Justice Department.…
The FT writes that "Citigroup (C) is in talks with KKR to provide financing to buy some of the leveraged loans on its balance sheet." Firms like KKR want to buy the "below market…
There has been a great deal written about the 24/7 Wall St. piece on the value of big blogs. While we put a value of $100 million on Huffington Post, we did not offer…
Leave it to the Australians. According to Reuters, "one of Australia’s biggest banks, the Commonwealth Bank, has used the latest version of Apple’s (AAPL) music player — the slimline 4GB Nano — to compare…
According to Reuters, the four largest players in global financial markets have grown at a breakneck pace in the last six years, and the assets they manage are expected to double to $20.7 trillion…
Markets in Asia were mostly lower. The Nikkei fell .6% to 17,092. NEC (NIPNY) fell 1.2% to 564. Docomo (DCM) fell 1.2% to 164000. Sony (SNE) fell 2.4% to 5760. The Hang Seng fell…