On CNBC this morning, Ken Heebner of Capital Growth Management was a guest on real estate values and said he sees value in Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE). This was a different…
Shares in Neurochem (NRMX) are down 30% today to a 52-week low of $3.70. According to The Associated Press "its Alzheimer’s disease treatment candidate failed in a late-stage clinical trial." NRMX shares traded as…
From Silicon Alley Insider We don’t know about you, but we’re sick of having to dig for context every time a newspaper reports monthly sales–so we’ve put it all in a handy online spreadsheet. …
MedAssets, Inc. has filed to come public via an IPO and it will raise up to $230 million in security sales for filing purposes. It has secured the NASDAQ ticker "MDAS" and its underwriting…
Sonics, Inc. has filed to come public via an IPO with $80 million listed as the propsed limit for filing purposes. The company has the proposed "SNCS" ticker on NASDAQ and lists UBS as…
Crocs. Inc. (NASDAQ:CROX) is trading up at a new all-time high in pre-market activity as the shoe maker is unveiling new product lines today. The company is using its Crocslite(TM) material for new garments.…
(CBR) Ciber said its CFO is leaving the company to take another position.(CHTT) Chattem noted positively in Barron’s.(CROX) CROCS is unveiling a new line for comfort and allowing kids to customize Jibbitz brands.(GERN) Geron…
AMZN raised to Outperform at Sanford Bernstein.BSC estimates cut at Goldman Sachs.CNA raised to Neutral at Credit Suisse.DHX started as Buy at Jefferies; started as Neutral at Credit Suisse.DISCA raised to BUy at Deutsche…
Nasdaq (NDAQ) and Borse Dubai are both bidding for the Nordic exchange owner OMX. And, the price is up to about $4 billion. At the same time NDAQ is trying to sell its 31%…
Watch out Dell (DELL) and Hewlett-Packard (HPQ). Gateway (GTW) was bought by the third largest PC company in the world, Acer. The deal is for $710 million, or $1.90 a share, Gateway closed Friday…
A couple of years ago, no one had heard of virtualization. Now, the leading company in the field, VMWare (VMW) has gone public. And, the service is moving into the core business of HP…
Markets in Europe were up at 5.15 AM New York time. The DAXX was up .3% to 7,531. Daimler (DCX) was up 1.3% to 63.91. Deutsche Bank (DB) was up 1.5% to 92.48. VW…
According to Reuters, US Steel (X) will buy Canadian steel company Stelco for $1.1 billion. Reuters writes that Singapore’s state-owned Temasek Holdings has approached Nasdaq (NDAQ) about buying its stake in the London Stock…
Markets in Asia were higher. The Nikkei rose .3% to 16,301. Honda (HMC) was up 2.4% to 3790. Docomo (DCM) was up 3.5% to 177000. Hong Kong was up 2.3% to 23,455. China Mobile…
For Home Depot (HD), it is the worst of all worlds. After getting private equity interests to agree to buy the company’s wholesales unit, Home Depot Supply, for $10.3 billion, the deal ran into…
Below is the short interest for major company stocks traded on the Nasdaq. The figures are from August 15 and compare to numbers from July 13, 2007. Investors were not willing to bet on…
According to The New York Post, Apple (AAPL) "get 10 percent of the revenue from voice calls and data usage" in the new deal it has cut with T-Mobile to sell the handset in…
Privately held Hearst Corp is bidding for the portion of Heart-Argyle (HTV) that it does not already own. Hearst owns just over 50% of HTV and has offered $23.50. According to The Wall Street…
Home Depot (HD) seems desperate to get rid of its HD Supply unit which handles wholesaling of its products to builders. The deal was set for private equity interests Bain Capital, Carlyle and Clayton…
This week, Altria (MO) will probably announce that it will split its domestic and international operations into separate companies. The reason would be to allow the overseas operations to be "unfettered by legal and…