It is always good to remember that just because stocks trade at intraday lows, it doesn’t mean that they are going to stay that way or that they are going to roll over and…
Reliant Technologies, Inc. has filed to come public via an IPO with an undetermined ticker and undetermined exchange. For filing purposes, it lists that it will sell up to $95 million in common stock.…
Ebay (EBAY) paid a lot of money for Skype. It ought to at least work. This AM the world’s largest VoIP service is off-line as is the home website help page. Perhaps the outage…
(AMGN) Amgen announced 12-14% layoffs and lowered guidance for 2007.(ANX) ADVENTRX Pharma announces fast track designation granted by the FDA for CoFactor for treatment of metastatic colorectal cancer.(AUXL) Auxilium Pharma receivef FDA clearance to…
Credit Suisse started AMD (AMD) at ‘underperform" today, with a price target of $13. Perhaps no one bothered to tell the analyst that is down 45% this year and is off almost 2% in…
Couuntrywide (CFC) could help drive the market down a lot at the open. The shares are off 14% before the bell, trading at $18.29. According to Reuters, CFC said "it is drawing down an…
ADI started as Neutral at Credit Suisse.AMD started as Underperform at Credit Suisse.ANN raised to Outperform at Piper Jaffray.ARMHY started as Outperform at RBC.CECO raised to Outperform at Bear Stearns.CBL raised to Overweight at…
Add to the poison pet food, toothpaste, and ten million lead-laden toys a new and dangerous product out of China. Johnson & Johnson (JNJ) has found counterfeit versions of its OneTouch Test Strip according…
According to The Inquirer, ABI Research has issued a report that US cable companies are heading for a crisis because they do not have the bandwidth or switching capacity to handle the increase in…
From Silicon Alley Insider Everyone talks about advertising dollars shifting online, but when you’re fighting all day in the trenches it’s tough to get a handle on what this really means. Here’s what it…
Markets in Europe were off sharply at 6.25 AM New York time, with some down over 3%. The FTSE fell 2.6% to 5,951. British Air (BAB) was of 5% to 382.35. Vodafone (VOD) was…
Moody’s (MCO) is already in a ton of trouble due to is rating on sub-prime debt and mortgage-backed securities. According to the FT, the European Union is opening an investigation because it "believes the…
Hasbro (HAS) is making a big deal out of the fact that it will step up the amount of testing that it gives toys coming in from China. According to Reuters, the company’s "toys…
Kraft (KFT) may sell its Post cereals operation. The Wall Street Journal thinks the unit could be worth $3 billion. That really isn’t very much. The snacks and cereals division at the company did…
According to Reuters, China Mobile’s (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force. Reuters reports that Hasbro (HAS) will increase inspection of products from China after…
Markets in Asia were down sharply. The Nikkei fell 2% to 16,148. Hitachi (HIT) fell 4.1% to 769. Honda (HMC) fell 3.6% to 3780. The Hang Seng fell 3.7% to 20.580. China Mobil (CHL)…
A fairly recent IPO filing has come from 3PAR Inc., although the company has an identity crisis as it isn’t sure if it wants to list on NASDAQ or on the NYSE. Underwriters look…
The second tier, albeit with ambition, StarOffice(TM) office suite software package from Sun Microsystems (NASDAQ:SUNW) has finally made a name partner for the download universe. Enter Google (NASDAQ:GOOG). The StarOffice suite is now available…
As 24/7 Wall St. reported this morning, Broadcom’s (BRCM) efforts to get an injunction against Qualcomm (QCOM) marketing chips with BRCM intellectual property could have effect of shutting down parts of QCOM’s business. Many…
On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to look at what actually works in a major credit crunch. His situation that worked back in 1990 in food, drug, and soft goods work…