According to Reuters, Nokia (NOK) said the the ITC has begin an investigation into Qualcomm (QCOM) trade practives and patent infringements. Reuters writes that Boeing (BA) is estimating that China will need $340 billion…
Most markets in Asia fell. The Nikkei was off 2% to 15,802. KDDI was down 3% to 855000. NEC (NIPNY) was down 3.4% to 535. Yahoo Japan was down 3.6% to 39300. The Hang…
The New York Times (NYT) killed its online paid content section–Times Select. The service has 227,000 subscribers and brought in about $10 million a year, at a company that has well over $3 billion…
If you haven’t heard of the 4th Annual Energy Tech Conference, from October 3 to 4, 2007, in San Jose, California, it might be worth looking at. There will be clean-tech, green tech, VC’s…
Cramer on Tonight’s MAD MONEY said he is endoring oil services, but not just because of Goldman Sachs’ upgrade of its base prices today. If you already own these you might not want to…
On tonight’s MAD MONEY on CNBC, Jim Cramer discussed a company that he thinks would be immune from the dependence of the FOMC and Bernanke. The company is Israel-based and it is doing satellite…
E*TRADE FINANCIAL Corp. (NASDAQ:ETFC) announced it is exiting or restructuring non-core businesses that "lack a direct and strategic connection with its retail customers." It’s also getting an earnings whack: is revising its 2007…
We compiled a summary of the key brokers reporting this week, and here you can see a full detailed preview that we offered on Friday for the whole sector with more detailed data: Lehman…
Enterra Energy (ENT) Canadian oil and gas investment company suspends monthly distribution payments to unitholders for at least six months to repay debt. Falls to $1.85 from 52-week high of $10.30. PHH (PHH) Mortgage…
Adobe Systems Inc. (NASDAQ:ADBE) shares are indicated higher in after-hours trading after the company posted earnings. Adobe posted record revenue of 41% over 2006 at $851.7 million, compared to $602.2 million reported for the…
Since Terry Semel left the CEO seat at Yahoo! (YHOO) the stock is down over 10% and recently that number was closer to 20%. Yahoo! announced today that it has paid $350 million to…
Carl Icahn is a powerful investor when he wants to be. As far as BEA Systems (NASDAQ:BEAS) he increased his stake in a filing on Friday to more than 33 million shares to what…
The latest survey of the members of Business Roundtable, big company CEOs, show that, on average, they still expect good GDP growth this year–about 2.4%. According to The New York Times, 68% believe that…
In the wireless markets in Europe, they give the phones away. Even the super-nice ones like the Nokia (NOK) N 95. And, the really souped up handsets work on 3G networks. Analysts watching for…
Two Fridays ago, shares of Harley-Davidson, Inc. (NYSE:HOG) fell some $5.00 to under $50.00 for the first time since Summer of 2006. From last Summer shares did rise more than 40% before the end…
Shares of The New York Times Company (NYT) are off as much as 2.5% today to a 52-week low on another analyst downgrade. Merrill Lynch cut the shares to "sell" from "neutral." The firm…
InfoSpace (INSP) is selling its online directory business to Idearc Inc (IAR) for $225 million. INSP shares are up 28% on the news to $17, but still well below their 52-week high of almost…
InfoSpace (NASDAQ:INSP) has been one of the perpetual old "internet value stocks" that circulated as a takeover stock because of the relative market cap to asset value, but the value was somewhat skewed because…
Goldman Sachs this morning made some significant "Super-Spike" era calls where it said oil could reach $135 per barrel and noted up to $4.50 per gallon of gasoline at the pump for you and…
This morning Goldman Sachs has made some major changes to its integrated oil and refining universe to reflect new commodity price assumptions, as well as changes in many cost structures ahead. The overall rating…