This morning, BMC Software Inc. (NYSE:BMC) has announced a $1 Billion share buyback plan, which at current prices would yield more than 35 million shares (if completed instantly). This is in addition to the…
(AHM) American Home delayed dividends after margin calls; shares down over 20% pre-market.(ARLP) Alliance Resource $1.03 EPS vs $0.92 est.(ASYS) Amtech announced a $4.9 million follow-on order for solar diffusion processing systems.(BMC) BMC Software…
Verizon’s (VZ) revenue rose 6% to $23.3 billion. Adjusted operating income was up 15% to 4.2 billion. As expected, the company did well in its wireless business. Total wireless customers rose 13% to 52.1…
AHM cut to Sector Perform at RBC; cut to Underperform at JMP Securities.BEBE cut to Neutral at Merriman Curhan Ford.BEE raised to Buy at UBS.CHRT cut to Underweight at JPMorgan.CNSL raised to Hold at…
Verizon Wireless, owned by Verizon (VZ) and Vodafone (VOD), bought Rural Cellular (RCCC) for $45 share and assumed the small company’s debt. RCCC has 716,000 customers. Verizon saved the Rural Cellular shareholders from a…
Monster (MNST), the big online jobs firm, had a 20% increase in revenue in Q2 to $331 million. Net income fell due to costs of a stock options investigation and severance costs. The company…
RadioShack (RSH) swung to a small profit in the last quarter, helps by reversal in an income tax charge. Net income moved to $47 million from a lose of $3 million in the same…
The CFO of Sony (SNE) said to the FT that about 40% of its net profit in the June quarter came from a weaker-than-expected yen. Earnings were extremely modest anyway. The company made $540…
Markets in Europe were up very modestly at 6.20 AM New York time. The FTSE rose .2% to 6,223. Barclays (BCS) was down 1.1% to 674.5. Prudential (PUK) was down 1.6% to 653.5. Vodafone…
The Sierra Club is chasing around Target (TGT) and some other US corporations for not reporting that some of the toys it has been selling have levels of lead that are two high. At…
In the last quarter, Apple’s (AAPL) iPhone sales were not spectacular. iPod sales were a little under most estimates at 9.8 million units. But, the Mac went wild. Unit sales hit 1.76 million up…
According to Business 2.0 some poor soul has decided to sue Apple (AAPL) because he feels that the company did not make it clear that the iPhone does not have a battery that can…
According to Reuters, ABN Amro (ABN) has withdrawn support for a bid from Barclays (BCS) Reuters writes that Liberty Media (LCACA) may make a bid for UK cable company Virgin Media. Reuters reports that…
Markets in Asia were slightly higher. The Nikkei was up a fraction to 17,289. Canan (CAJ) was down 2.9% to 6340. NEC (NIPNY) was down 1.3% to 592. Toyota (TM) was up .1% to…
The FTC may block Whole Foods Market (WFMI) from buying Wild Oats Markets (OATS). Both companies are in the organic grocery business, and the government will argue this week that the combination would eliminate…
According to Iran’s oil minister, OPEC nations have to intention of raising output despite a price per barrel that is now running about $77. His comments are not good news for the US economy…
Boeing (BA) is delaying the test flight of its 787 Dreamliner and adding R&D money to try to keep the launch on track. With a substantial part of Boeing pipeline relying on the new…
Wikia, run by the founder of massive online encyclopedia Wikipedia, is getting closer to launching a community-developed Web search service. It has just bought Grub, a pioneering Web crawler, according to CNN Money. Adding…
Stocks are less expensive than the have been at any time since 1991. The S&P 500 is valued at 15.4 times estimated profit, the lowest since January 1991, according to data compiled by Bloomberg.…
Most people have been drinking tap water all of their lives. It is a bit surprising that consumers who have been raised on one beverage take a liking to another. Desani, a desginer water…