(ALVR) Alvarion won a WiMAX contract from Digicel Group in the Cayman Islands.(CTSH) Cognizant Tech announced a 2 for 1 stock split and authorized up to $100 million for share buybacks.(CX) CEMEX raised revenue…
ALU cut to Neutral at UBS.AON raised to outperform at Morgan Stanley.AMD raised to Neutral at JPMorgan.BEBE raised to Outperform at Wachovia.BKCC started as Outperform at Wachovia.BRCD raised to Buy at Citigroup.BTI cut to…
International Flavors & Fragrances Inc. (NYSE: IFF) has announced that it has entered into a $450 million accelerated share repurchase program with Morgan Stanley. Under the accelerated buyback plan, IFF expects to repurchase 10%…
Markets in Europe are down sharply. The FTSE is off 1.5% to 6,198. Barclays (BCS) is off 2.7% to 580. Northern Rock is down 33% to 294. The DAXX fell .6% to 7,455. Deutsche…
Nokia (NOK) has started its own music store to compete with Apple (AAPL) iTunes, so why not have its own online advertising operation? Early today NOK bought U.S.cellphone screen advertising firm Enpocket. Nokia has…
Deutsche Telekom (DT) is buying SunCom Wireless (TPC) for $1.6 billion. The German phone giant will pay $27 a share. TPC stock closed at $22 on Friday. SunCom has one million customers "in the…
The Grocery Manufacturers Association is going to ask the government to strengthen regulation of food imports. The group, which includes Kraft (KFT) and Coca-Cola (KO) wants "beef up federal oversight of imported food and…
Boeing (BA) insists that it 787 Dreamliner will be delivered on time next year, despite a multi-month delay in its maiden flight. Lack of parts for the new plane and assembly problems have vexed…
Microsoft (NASD:MSFT) lost its appeal of the antitrust case brought by the EU. The court upheld the $612 fine imposed on the company as well. The EU had charged that Microsoft used the dominance…
According to Reuters, GM (GM) and the UAW have broken off talks and will resume them late Monday. Reuters writes that Nokia (NOK) said on Monday it had agreed to buy privately held U.S.…
Shares of Chinese companies listed on the NYSE (NYX) have sub-standard earnings. That is the conclusion of a study by RateFinancials, an independent research firm, covered in the FT. Since the NYSE views itself…
According to MarketWatch, Chinese news portal, Sina (SINA), plans to launch an advertising program with bloggers who post content on its site. "Sina’s move to monetize its massive blog page view inventory (more than…
Nasdaq (NDAQ) has not had much luck in the M&A markets. Its most embarrassing attempt at increasing its presence overseas was it run at the London Stock Exchange. NDAQ ended up with 31% of…
Le Figaro has run a story saying that business intelligence software provider Business Objects (BOBJ) has put itself up for sale, retaining Goldman Sachs. The company would probably draw interest from Oracle (ORCL) or…
Leap Wireless (LEAP) has turned away a takover offer from competitor MetroPCS (PCS). According to Reuters "Leap said the bid was too low because it did not reflect the company’s strong growth prospects and…
The Chinese are now poisoning their own population. With any luck, a new case of tainted drugs found in the big Asian country will not make it to the US. But, don’t count on…
24/7 Wall St. has run three or four pieces recently that suggested there are strong cases for $100 a barrel oil. With the $80 mark reached last week, some oil industry experts do not…
For over a year, the two largest financial and stock market blogs have been Israel-based Seeking Alpha, which is partially owned by Benchmark Capital, and BloggingStocks, owned by Time-Warner’s (TWX) AOL. Based on most…
Apple (AAPL) has decided to sell the Mac almost exclusively in its online store or in its small number of company-owned retail outlets. That may turn out to be a significant tactical blunder. According…
For a fast review of the top Bullboards, blogs and Stockhouse posters, please check out this week’s Top Five (http://www.stockhouse.com/shfn/article.asp?edtID=20208.) Publisher, Executive Editor Darin Diehl turned the focus of his weekly Publisher’s Notebook to…