(AINV) Apollo Investment priced a 13 million share secondary at $20.00.(ALU) Alcatel-Lucent lowered full year revenue guidance.(ANPI) Angiotech Pharma said it received a favorable patent decision from New Zealand’s Intellectual Property Office.(BLTI) BIOLASE Technology…
The famed T. Boone Pickens came on CNBC for a telephone interview again with new predictions for high oil prices. It was a bit interesting that he doesn’t have a stated target for oil…
ACW started as Hold at Citigroup.ATHR started as buy at B of A.BIIB cut to Sell at UBS.BKI cut to Hold at Citigroup.BRCM started as buy at B of A.FTI started as Overweight at…
Shares of Alcatel-Lucent (ALU) are down 12% in trading in Europe. The company warned on revenue for the third time this year. The merger of the two companies started out with such promise. Management…
Sprint (S) has come up with an unusually clever new business. It has set up deals with 30 retailers to allow customers to compare and buy nearly seven million products over phones that work…
Markets in Europe were off slightly at 6.45 AM New York time. The FTSE fell .1% to 6,298. Barclays (BCS) was down 1.5% to 599. ITV was down 2.3% to 108.4. RBS was down…
The current stage of the UAW talks with the Big Three must be based on the assumption by the car companies and union that the rank and file works are boobs and buffons. As…
Maybe it was changing its ticker symbol to JAVA, but Sun (JAVA) has run up 20% in the last month. But, yesterday, a little after noon, the shares sold off. That was the same…
AMD (AMD) can’t get a break on the launch of its new quad-core chip, the Barcelona. The day of its release, Intel (INTC) upped its revenue forecast for the quarter, overshadowing the AMD announcment.…
Hewlett-Packard (HPQ) launched a nifty new line of PCs. Bright black finishes.aluminum moldings, and blue ambient lighting. According to the FT, HP says that it is putting out the new machines because “We wanted…
Microsoft (MSFT) should consider closing its money losing video game division. According to the FT, Nintendo’s Wii has now outsold Xbox 360 even though its has been on the market a year less. Data…
The July data on video viewing on the internet just out from comScore should make investors wonder why any company other than Google (GOOG) is in the online video business. Google has a 27%…
According to Reuters, Sprint (S) will launch a wireless shopping network to enhance its revenue. Reuters writes that supply worries are keeping the price of crude high. Reuters writes that a federal court stayed…
Markets in Asia were mostly higher. The Nikkei rose .2% to 15,821. Fujitsu fell 2.2% to 769. Toyota (TM) fell 1.1% to 6,380.Yahoo Japan fell 2.6% to 40900. The Hang Seng rose .5% to…
Jim Cramer continued his ‘fantasy football draft methodology’ to compile a stock portfolio that can survive through a coming recession. He wants a stock that can deliver consistent and long-term growth for his four…
Target Corporation (NYSE:TGT) shares traded up 1.5% to $62.72 in normal trading today, but shares are up another 2% in after-hours trading. The red-dot announced today that it is reviewing potential ownership alternatives for…
Syntax-Brillian Corporation (NASDAQ:BRLC) is seeing its shares punished in after-hours trading. Just yesterday morning it delayed its earnings report by a day and it gave no reason, so this drop after-hours is going to…
Labranche (LAB) Being a specialist firm trading stocks has gotten to be nasty business. Shares drop to $4.65 from 52-week high of $12.21. King Pharmaceuticals (KG) Still taking hammer because patent on top drug…
Wal-Mart’s (NYSE:WMT) new ad campaign is starting today. The company is ditching its "Always Low Prices" in favor of a new slogan: "Save Money. Live Better." Wal-Mart probably just got tired of 24/7 Wall…
Today was a landmark in oil: $80.00 per barrel was hit briefly. If you were hoping that the OPEC raised production targets yesterday was going to be a huge help, guess again. There are…