Two more studies show that GlaxoSmithKline (GSK) blockbuster diabetes drug Avandia has significant health risks. According to The Wall Street Journal "the Food and Drug Administration is considering whether Avandia’s use should be restricted."…
Yahoo! (YHOO) got the deal to sell display ads for big UK social network Bebo. The site has 11.6 million unique visitors in the two geographic areas that Yahoo! will take on–the UK and…
Almost 700 homes in foreclosure will be auctioned off in Detroit later this month. Most of the buyers will probably be investors who have no intention of ever moving in. The homes will go…
According to Reuters, Sony (SNE) will begin to launch new versions of it Blu-ray recorders in it battle against the HD DVD format. Reuters writes that Yahoo! (YHOO) has won exclusive rights to sell…
Markets in Asia were mixed The Nikkei fell .5% to 15,798. Mitsubishi Corop rose 2.7% to 3230. NEC (NIPNY) rose 1.9% to 547. Yahoo Japan fell 2.3% to 42000. The Hang Seng rose 1.2%…
In just under two short weeks the gaming event of 2007 will take place: Microsoft’s (NASDAQ:MSFT) Halo 3 hits the shelves. Halo 3 will launch on September 25, 2007, and this will be a…
On tonight’s MAD MONEY, Jim Cramer continued his ‘fantasy football draft pick’ methodology in picking stocks for a portfolio that will withstand a recession. Tonight after a strong market he wants to review a…
On tonight’s MAD MONEY, Jim Cramer continued his ‘fantasy football draft pick’ methodology in picking stocks for a portfolio that will withstand a recession. Tonight after a strong market he said you need some…
AMD (AMD) did the unexpected. It added market share during Q2. AMD gained 2.5 percentage points of the worldwide microprocessor market last quarter, iSuppli Corp told Reuters. AMD’s gain, made amid declines in average…
Texas Instruments (NYSE:TXN) released its mid-quarter update today with a tighter range and here are the updates: Total revenue between $3.56 billion and $3.72 billion, compared with the prior range of $3.49 billion to…
King Pharmaceuticals (KG) One of the company’s patents found to be invalid. Down to $12.59 from 52-week high of $22.25. Korn Ferry (KFY) Earnings and employment outlook not doing executive search firm any good.…
In corporate America there are many developments and deployments that never make it public because they are minor events to the company that day. But sometimes even a slight change in technology use or…
OPEC has decided to raise oil production by 2% to meet winter demand. According to The New York Times: "OPEC representatives said they were aware that excessively high prices might put a dent on…
From Silicon Alley Insider Revenue from U.S. mobile search advertising will soar from $33.2 million this year to $1.4 billion in 2012, at a compound annual growth rate of 112%, says Princeton, N.J.-based research…
Stock Tickers: CTX, DHI, KBH, LEN, RYL, MHO, BECN, BLDR, MAS, XHB After a mid-day review of 52-week lows, there was one obvious group that makes this list now more frequently than it does…
Barron’s looks at research from Pacific Crest showing that online ad revenue growth will slow to 25% in Q3. The figure includes both search text ads and display. The firm’s previous forecast was 30%…
Barron’s was good enough to point to a new survey from DisplaySearch. It covers laptop sales for Q2. Notebook sales rose 40% in Q2 this year compared to the same quarter in 2007, up…
An interesting event happened yesterday in the form of an SEC Filing on Dendreon (NASDAQ:DNDN) that ran the stock. In a fed-filing from yesterday it was disclosed that BNP Paribas Arbitrage SA held 6,961,101…
News Corp (NWS) will not pull its shows from the Apple (AAPL) iTunes platform the way NBC did. "Right now we have a perfectly good relationship with Apple," COO Peter Chernin told Reuters. "But…
Piper Jaffray’s Gene Munster, who makes a living walking through AT&T (T) stores counting Apple (AAPL) iPhone sales says that the recent $200 price cut has increased unit sales by 300% from 9,000 a…