The Vista train may be pulling out of the station. After checking a number of software sales indicators, an analyst quoted in Barron’s says that Microsoft (MSFT) OS sales should handily exceed expectations in…
It may go down in history as one of the most elaborate defenses of trade secret theft. Oracle (ORCL) has accused German rival SAP (SAP) of systematically downloading sensitive documents to get a "leg…
According to Reuters, SAP (SAP) admitted that one of its divisions has inappropriately downloaded documents from rival Oracle (ORCL), but said the parent company never had access to them. Larry Ellison’s company, NetSuite, a…
Markets in Asia rose. The Nikkei was up a fraction to 18,150. Hitachi (HIT) was up 1% to 882. Sony (SNE) was down 1.9% to 6190. Softbank was up 2.8% to 2745. The Hang…
The day started well enough for the bricks-and-mortar movie rental companies. Blockbuster (BBI) hired a new CEO and its shares jumped 3.5% to $4.46, but still down from over $9 two years ago. Then,…
Lennar (LEN), Hovnanian (HOV), and Beazer Homes (BZH). Forget the stock price. Each has lost about 50% of its market value of the last year. Journal Register (JRC) Newspaper chain. Down to $4.41 from…
Start with this. Blockbuster (BBI) has $2.4 billion in rent due from now until its last current store lease expires. Of its 5,194 stores, 939 were operated through franchisees. Blockbuster only pays rent on…
Goldman Sachs made about as brutal a call as it could have on The New York Times Company (NYT). It added it to its American Investments Sell List. The price target was set at…
A subsidiary of OGE Corp (NYSE:OGE), OGE Enogex Partners L.P., has filed registration papers with the SEC for an IPO of 7.5 million common units in a master limited partnership (MLP) that will trade…
Last week Cowen & Co. released a note on Limelight Networks (LLNW), a recent IPO in the content delivery industry, quoting UCLA law professor and patent expert Doug Lichtman. Lichtman said he thought there…
Local.com (LOCM) received a couple of patents that would appear to be pretty valuable. The first patent number 7,231,405 is for the process of indexing and retrieving web-related information by geographical location. The second…
OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC, a hedge fund manager with some $26.8 Billion in assets under management from more than 700 institutional investor clients, has filed to come public via an IPO. The company…
According to BusinessWeek, Apple (AAPL) sells its iPhone for $499 to $599, but the handset only costs $200 to $220 to make. The figures are from research firm Portelligent. While the figures may spell…
Wachovia says that it believes shares in Echostar (DISH) will go higher. Bloomberg writes that Apple (AAPL) sold 500,000 iPhones, more than most estimates. Stifel says that concerns about Q3 numbers make Broadom (BRCM)…
SIA says that May semiconductor sales rose 2.4% from the same month last year. Piper Jaffray upgrades Packeteer (PKTR) Lehman starts Take Two (TTWO) at Underweight Credit Suisse reaffrims Outperform on Staples (SPLS). Friedman…
(BCE) BCE reaches definitive agreement to be acquired by Teachers Private Capital led group for $40.13 per share in cash.(BOT) CBOT urges stockholders to vote for CME merger.(C) Citigroup confirms it will buy Automated…
ADM raised to Buy at B of A.AMB raised to Buy at UBS.AFR raised to Buy at UBS.ALO started as Buy at B of A.ATVI started at Equal Weight at Lehman.BRE cut to Neutral…
Microsoft (MSFT) has been trying for years to get consumers to use its software to bridge the digital divide between their PCs and TV. The latest attempt is the company’s Media Center. There is…
The record industry is being destroyed by a combination of cheap digital downloads and falling CD sales. Apple’s (AAPL) iTune operation is now the third largest seller of music in the US behind big…
Over the last two days, BCE (BCE) the largest phone company in Canada, was purchased by the investment arm of Ontario Teachers’ Pension Plan and several private equity firms. The price was over $32…