Several analysts have upgrades shares in Motorola (MOT). The reasoning is that, with new models coming out, and much of the backlog in inventory for old products like the RAZR drying up, MOT could…
Hovnanian (HOV), the home builder, is going to have a three day sale this week. It would be more accurate to say that they will be giving the houses away, at least from a…
The problem with being super-smart is that when you become dumb it is more obvious. The Goldman Sachs (GS) Global Alpha fund, pride of the bank and the hedge fund industry, is now down…
According to Bloomberg, "United Auto Workers President Ron Gettelfinger picked General Motors Corp. (GM) as the union’s strike target after arguing with the automaker’s North American head over funding for a proposed union-run retiree…
According to Reuters, Intel (INTC) received antitrust charges from a branch of the South Korean government. Reuters writes that Campbell (CPB) is seeking over $1 billion for its Godiva chocolate business. Reuters writes that…
Markets in Asia were higher. The Nikkei rose 1.9% to 16,127. Sony (SNE) rose 2.1% to 5,420. Totyota (TM) rose 2.4% to 6530. The Hang Seng rose 1.6% to 24,938. China Mobile (CHL) rose…
Next week is the highly awaited FOMC meeting and the expected decision next Tuesday is certainly that a rate cut is coming. But the predicament bet is mixed, with some looking for a 25-basis…
Safeway Inc. (NYSE:SWY) has announced a new environmental project to power 23 California stores with renewable solar energy. The company installed solar panels atop a newly renovated Safeway Lifestyle store in Dublin, California and…
VMware (NYSE:VMW) is on of the stocks that no one seems to get enough of. Part of the reason is more than easy to figure out, because virtualization is the next "Next Thing" and…
Pirate Capital, one of the more vocal activist investor hedge funds, is issuing a statement that various media reports are issuing misleading statements. Here is what the hedge fund said in its press release:…
Alcatel-Lucent (ALU) Telecom equipment merger has become train wreck. Drops to $8.96 from 52-week high of $15.43. Nortel (NT) Down in sympathy with ALU. Falls to $16.32 from 52-week high of $31.79. Krispy Kreme…
P.F.Chang’s (NASDAQ:PFCB) is one of those public restaurant chains that you just can’t necessarily judge a book by its cover. Or maybe by the analogy "you can’t judge a restaurant by its food or…
24/7 Wall St. mentioned a few days ago that Level 3 (LVLT) has traded off sharply this year, probably due to its huge level of junk debt. The company has been able to push…
Shares in telecom equipment supplier Nortel (NT) hit a 52-week low at $16.39 down from their one year high of $31.79. Nortel is one of the largest competitors to Alcatel-Lucent (ALU), which warned on…
AMC Entertainment Holdings, Inc. has filed to come public in an IPO under the NYSE ticker "AC." This filing lists up to $500 million as the amount of securities being sold for filing purposes.…
Of course, Starbucks (SBUX) does not have a dividend. But, they might want to revisit that. Starbucks’s is no longer a growth stock, at least not in the classic sense. Its shares are down…
Last night Microsoft (NASDAQ:MSFT) announced that it was boosting its quarterly dividend from $0.10 to $0.11. The dividend is payable December 13, 2007 to shareholders of record on November 15, 2007, and the ex-dividend…
Shares in Sirius (SIRI) are up about 20% over the last month. Nothing has really changed. No new earnings. The supposition is that the chances of a merger with rival XM Satellite (XMSR) have…
LSF5 Accredited Investments, LLC, the subsidiary of Lone Star Fund V that had offered in June to acquire Accredited Home Lenders Holding Co. (Nasdaq: LEND), announced that it is extending its tender offer for…
ISIS Pharmaceuticals Inc. (NASDAQ:ISIS) is trading up pre-market on new that it entered a broad collaboration with Ortho-McNeil, a Johnson & Johnson (NYSE:JNJ) unit, for discovery, development and commercialization of antisense drugs to treat…