Bank of America set a $400 price target on Chinese search engine company Baidu (BIDU), according to Minyanville. JP Morgan started the stock at "overweight". All of this noise has moved that shares up…
Diebold Inc. (NYSE:DBD) has announced some changes to its revenue recognition practices deemed the "Bill & Hold" basis within its North America segment as part of ongoing discussions with the SEC. Diebold will discontinue…
The Chinese government has rejected 47 tons of US sardines according to China’s official Xinhua News Agency. The little fish were shipped through Japan, and, according to the communists were "infected with disease-inducing bacteria,"…
NYSE Euronext started trading five multi-asset class and multi-target date ETF’s referred to as TDAX Independence ETFs on NYSE Arca. These ETF’s are designed to track the performance of the Zacks Lifecycle Indexes to…
Nokia (NOK) has cut a deal to put more video on its high-end phones. According to Reuters, it has signed new deals with CNN, Sony Pictures, and several other mainstream video content companies. The…
(AXL) American Axle traded up after-hours as Cramer said they would benefit from UAW contracts like GM did.(BMC) BMC Software names former SVP at Oracle as head of North American sales.(BRLC) Syntax-Brillian names Li…
ACAD started as Hold at Citigroup.ALB raised to Neutral at Goldman Sachs.AMB raised to Buy at B of A.APD cut to Neutral at Goldman Sachs.BAC started as Buy at Goldman Sachs.BDN cut to Neutral…
Commerce Bancorp (NYSE:CBH) is being acquired by TD Bank Financial Group (NYSE:TD) of Canada for roughly $42.00 per share. The deal is 25% cash with $10.50 cash and 0.4142 shares of TD in a…
Yahoo! (YHOO) just scored a big win by getting Telefonica to add its search features to cell services that operate in 15 countries in Latin America and Europe. Yahoo! management said that the deal…
Microsoft (MSFT) CEO Steve Ballmer sounds like a revolutionary. Accordiing to The Telegraph, the chief of Redmond says that "software delivered as a service, or software plus services as Microsoft likes to call it,…
Markets in Europe rose at 6.30 AM New York time. The FTSE was up .4% to 6,534. Barclays (BCS) rose 4.6% to 628.5. BP (BP) was down 1.2% to 559. The DAXX rose .5%…
Belo (BLC) yesterday announced that it would separate its newspaper and broadcast properties into two separate companies. The firm’s shares rose from $17.50 to over $21. Belo’s newspaper revenue has dropped almost 10% in…
Crain’s Chicago Business has gotten its hands on the game plan for McDonald’s (MCD) to conquer the premium coffee world. As the business magazine put it: "In one of its biggest strategic moves ever,…
Caveat emptor. Word is that Microsoft (MSFT) may buy 5% of social network Facebook for as much as $500 million. And, rumor is that Google may outbid it. Ebay (EBAY) just wrote off about…
Yahoo! (YHOO) is launching a new version of its search engine. The new product will bring the user results "incorporate a broader array of potential sources, such as videos or pages of books from…
The head of the CBSNews.com division of CBS (CBS) is leaving to become CEO of big news and comment blog Huffington Post. Huffington has 3.5 million unique visitors per month and is listed as…
According to Reuters, most mutual fund companies side with management on proxy issues. The Wall Street Journal writes that Ebay (EBAY) is taking a $1.4 billion charge for Skype. The Wall Street Journal reports…
Markets in Asia were broadly higher. The Nikkei rose 1.2% to 17,047. KDDI was down 2.3% to 845000. NEC (NIPNY) was up 2.8% to 570. Sony (SNE) was up 4.2% to 5890. The Hang…
Steel Dynamics, Inc. (NASDAQ:STLD) has entered a definitive agreement whereby Steel Dynamics will acquire privately held OmniSource Corp. in a deal that has been approved by the board of directors of both companies. This…
On tonight’s MAD MONEY on CNBC, Jim Cramer said he believes that the market is going to go higher and is on its way to his 14,548 DJIA target, give or take a couple…