Microsoft (MSFT) is finally getting serious about connecting its Windows product to other software using the internet. Google (GOOG) has been doing this with its spreadsheet and document products for some time. According to…
However badly the big car companies bled sales this summer, it appears that August brought no hope for better days. Bloomberg speculates that Toyota (TM) sold more cars that Ford (F). The news service…
As the municipal WiFi business at Earthlink (ELNK) has come under financial pressure, the future of city-wide wireless projects is in trouble. ELNK shares are down over 20% in the last two year, even…
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajZ2lVrqeb2I&refer=homeA study out fo Sweden may help the flagging fortunes of the stent businesses at Boston Scientific (BSX) and Johnsohn & Johnson (JNJ). Several pieces of research had indicated that drug-coated stents could cause…
According to GigaOm, the Google (GOOG) mobile phone is getting closer. The phone will run mobile Linux and can run Java virtual machines. It will run video clips. The Google phone also has a…
According to Reuters, HSBC (HBC) bought 51% of Korea Exchange Bank $6.3 billion. Reuters writes GE (GE) bought buy British oilfield services firm Sondex for $583 million. Reuters reports that oil moved above $74…
Markets in Europe were mixed at 7.40 AM New York time The FTSE was up .2% to 6,317. Barclays (BCS) was up 3.3% to 633.5. BP (BP) dropped .6% to 554. The DAXX was…
Most markets in Asia were down modestly. The Nikkei fell .3% to 16,525. Sony (SNE) was up .4% to 5600. Toyota (TM) was up 1.5% to 6860. The Hang Seng fell .4% to 23,904.…
After the close Friday, while no one was there to see it, we had a fairly interesting spin-off announcement. El Paso Corp. (NYSE:EP) filed with the SEC to make its El Paso Pipeline Partners,…
Genel Logic (NASDAQ:GLGC) is a stock that is either one incredible value stock in biotech land, or it is just another major value trap. Even after the last market malaise, we are still in…
The head of Ford (F) says that a tough economic environment will not undermine that company’s turnaround. According to an interview with Bloomberg. “We put together a pretty robust transformation plan," said Alan Mulally.…
AMD (AMD) shares rose almost 5% on Friday, and closed at $13.02. News out of Seagate (STX) indicated that PC shipments may be up more than forecast. But, it also appears that AMD is…
From Silicon Alley Insider Google just made life more difficult for many online publishers: The search giant has struck a deal with the AP and three other newswires to host their stories on its…
More volatility plagued the markets this week as the credit situation broadened and deepened, drawing more banks, funds and investors into the fray. Earnings season wound down as the Labour Day holiday approached, and…
Christopher & Banks (CBK) Clothing retailer loses CEO. Drops to $11.69 from 52-week high of $31.25. Cost Plus (CPWM) Home furnishing and entertainment products retailer loses CFO and drops guidance. Shares fall to $3.98…
Apple (AAPL) claims that it kicked NBC’s programming off of its iTune service because NBC would not agree to pricing. NBC claims that: "We never asked to double the wholesale price for our TV…
Dell Inc. (NASDAQ:DELL) had seen shares off roughly 1% after the earnings report yesterday on a day where the broader markets are up, although shares are barely lower at the end of the day. …
Convio, Inc. has filed to come public via an IPO under the proposed ticker "CNVO" on NASDAQ. This Austin, Texas-based NPO software and service operator has a pretty impressive underwriting group with Goldman Sachs…
ARYx THERAPEUTICS, INC. has filed to raise up to $86.25 million in an IPO under the ticker "ARYX" on NASDAQ. The biotech has secured Morgan Stanley, CIBC World Markets, Jefferies & Co, and Leerink…
George Bush promised to do his best. And, that was the main message in his speech on the troubles in the sub-prime market. The address was not even long on promises. Congress will work…