According to Reuters, Goldman Sachs (GS) offered $1.5 billion for reinsurance broker Benfield Reuters writes that Alan Greenspan thinks the chance of a US recession is still below 50/50. Reuters reports that the head…
Markets in Asia were mixed. The Nikkei fell .3% to 16,786. Canon (CAJ) rose 2.6% to 6270. NTT (NTT) rose 1.7% to 537000. Toyota (TM) rose 1.3% to 6780. The Hang Seng rose .6%…
The board of Alcatel-Lucent (ALU) has told CEO Pat Russo that she needs to come up with an "emergency restructuring plan" for the company, according to the FT. It’s hard to say what took…
GM (GM) can cut all of the costs it wants to, and get a world class contract with the UAW. And, Ford (F) can follow suit. But, if they can’t sell cars, over time…
BigBand Networks Inc. (NASDAQ:BBND) has been a long and hard ride into Uglyville. This company came public as a "Hot IPO" earlier this year and it was a hot potato. But hot potatoes cool…
Titan Tire Corporation, a subsidiary of Titan International, Inc. (NYSE: TWI), will implement a price increase on Titan and Goodyear branded farm and construction tires, effective November 1, 2007. The increase of up to…
This morning Goldman Sachs (NYSE:GS) cut estimates from 2007 to 2009 for corn-based ethanol producers for much of the same reasoning that we have been cautious on the sector. Raser Technologies, Inc. (NYSE Arca:…
Expressjet Holdings (XJT) Airlines still hurt by rising oil and failing economy. Falls to $3.09 from 52-week high of $9.61. Standard Pacific (SPF) Home builder. Down to $5.66 from 52-week high of $30.52. Akamai…
A company bought and operated by private equity interests outperforms it publicly-traded counterparts. Not only are their profits better, but "an Ernst & Young survey of the biggest 100 private equity exits in both…
From Silicon Valley Insider Since posting two installments this morning on Google/DoubleClick, we have done additional research. Here’s our current understanding of the situation. (None of this has been officially confirmed by any of…
Today’s rally in shares of EchoStar Communications (NASDAQ:DISH) can probably hold its thanks to TheStreet.com putting out an article and video noting that AT&T (NYSE:T) may be closer to acquiring the satellite TV provider. …
The head of Intel (INTC) says that its is gaining back market share from AMD. As if the smaller company has much share left to give. According to Reuters, Intel’s chairman said the company…
Qualcomm (QCOM) wants things to go back to the way they used to be with its largest customer, Nokia (NOK). That was when the world’s largest handset company was paying Qualcomm’s then full-rate to…
We had two pieces of news today in the housing sector, and neither one of which were given a cheer. KB Home (KBH) issued earnings today and the losses were wide, but they are…
Just a year ago, it would have been unthinkable that a major newspaper chain could miss its debt payments, But, that has now become a possibility at two of the larger public companies in…
Shares in wireless service provider Kongzhong Corp (KONG) are up 25% today to $6,23. There was word last week that the company might get some addition payments from China Mobile (CHL). But, that is…
The rally in GM’s (GM) stock was short-lived. Actually, it is dead. The company’s shares did not even reach a 52-week high after news of it big settlement with the UAW. Wall St. had…
Textainer Group Holdings Limited has filed to come public in the U.S. via an IPO. Textainer has listed that it wants to sell up to $207 million in common stock and lists 9 million…
Note to Microsoft (MSFT), Google (GOOG), and Yahoo! (YHOO). Handset users don’t want a local search feature on their phones if they have to pay for it. According to The Inquirer, IDC and Trueposition…
Goldman Sachs has raised its "Neutral" rating on Emerson Electric (NYSE:EMR) and added it to the Conviction Buy List. Goldman based the upgrade on positive earnings outlook and an attractive risk versus rewards analysis. …