According to TechCrunch, the EU has decided to fund a new search engine business called Theseus. The German government is putting up an extraordinary $165 million. The Associate Press writes that Theseus is "aiming…
One of the pieces of information buried in Microsoft’s (MSFT) earnings report was the improvement in the company’s online businesses, primarily made up of MSN and Live Search. Revenue in that part of the…
The head of Qualcomm (QCOM), Paul Jacobs, has worn out his welcome. His father founded the company, so it may be hard to get him out. But, the board has to consider the record.…
Stock Tickers: AMD, SMH, TXN, TER, ADI, LSI, MU, CY, NSM, TSM, STM, IFX Tech stocks kept rising from June to July, yet the short sellers were beligerent. They must have loads of money,…
GM (GM) may not be doing well in the US, but overseas is a different matter. While the big US car company sold slightly few units in Q2 than rival Toyota (TM), GM made…
Markets in Europe were off slightly at 5.55 AM New York time. The FTSE fell .1% to 6,634. BT (BT) was up .2% to 331.25. Vodafone (VOD) was down .5% to 161.1. The DAXX…
If you look at the conglomerate short selling despite the actual rise in NYSE short selling, it appears that the short sellers finally decided that these large cap and mega-cap conglomerates were finally ready…
Below are key short interest statistics for July. The figures are as of July 13 compared to June 15, 2007 Largest Short Positions Company …
According to Reuters, Bernanke believes that subprime losses could hit $100 billion. Reuters writes that GM (GM) closed the gap between itself and Toyota (TM) for total unit sales in Q2. Reuters writes that…
Markets in Asia rose. The Nikkei was up .2% to 18,157. Canon (CAJ) rose 1.8% to 7300. Honda (HMC) rose 1.8% to 4550. Docomo (DCM) fell 1.1% to 181000. The Hang Seng rose 1.1%…
After looking through Google (NASDAQ:GOOG) earnings commentary and after listening to much of the conference call replay, it became quite clear that the company biggest miss on earnings wasn’t the slightly shy EPS and…
BASF (NYSE:BF) in Germany is the next stock that Cramer wants to visit as an EU play on tonight’s MAD MONEY on CNBC, but he also thinks this company will be acquiring companies. He…
Citigroup Inc. (NYSE:), the largest bank by market cap in the U.S., is slated to post Q2 2007 earnings early Friday morning. First Call estimates are listed as $1.13 EPS and almost $24.9 Billion…
Going into its earnings report, investor bid AMD (AMD) up over 2% to $15.78. The company reported financial results for the quarter ended June 30, 2007. AMD reported second quarter 2007 revenue of $1.378…
Microsoft (NASDAQ:MSFT) just posted EPS as $0.31 net, but that would have been $0.39 before the $1 Billion+ Xbox charge that had already been noted. It posted revenues of $13.37 Billion, and that compared…
Google (NASDAQ:GOOG) earnings are out, and traders are selling the news initially with shares down over 4% or $25.00 to under $525.00 in after-hours trading. Its EPS came out as $3.56 on a non-GAAP…
Sandisk (SNDK) dropped during the regular session in a way that suggests Wall St. did not want to see its earnings. Shares fell 2% to $55.96. But,, the naysayers were wrong. Second quarter revenue…
Investors are waiting for the pricing of Orbitz (NYSE:OWW) tonight in its IPO, which no one is foolish enough to not know this is a re-IPO. The official terms were for 34 million shares…
The Australian is just out with a piece saying BHP Billiton (BHP) will not pursue a buy-out of Alcoa (AA). Alcoa’s shares are down 4%. BHP is up almost 3%. BHP shareholders seemed to…
On today’s STOP TRADING segment on CNBC, Jim Cramer said you need to lay back and look at the smaller sub-$5 Billion stocks in the metals sector since it looks like the huge mergers…