BWAY Holding Co. (BWY) priced its 10.04 million share IPO at $15.00 per share, although the indicated range was $16.00 to $18.00 and the share count was originally expected to be 11.5 million shares. …
According to The Economist, the GDP growth rate in Mexico for the first quarter of 2007 was 2.7% due to a drop in demand for the country’s products, especially in the US. Mexico’s economy…
The Jakarta Index (JKSE) is up 70% over the last year. That seems like a big number. A look at the Indonesian economy indicates that the market there may be getting ahead of itself.…
The Shanghai Composite (SSEC) most recent free fall took the index from 4,335 in late May to 3,670 on June 4. It did not seem to matter much. In overnight trading, the composite closed…
(AOB) American Oriental enters into a letter-of-intent to acquire an established plant based pharmaceutical company named Changchun Xinan Pharmaceutical Group for up to $30 million.(CEN) Ceridian largest shareholder says the private equity buyout is…
There has been plenty of press about the issues of whether coated stents made by Boston Scientific (BSX) and Johnson & Johnson (JNJ) can cause clotting problems. Several studies show that use of these…
AL cut to Peer Perform at Bear Stearns.ATV started as Outperform at CIBC.BBI raised to Buy at Citigroup.BT raised to Outperform at Bear Stearns.CEVA started as Outperform at CIBC.CNI cut to Peer Perform at…
Markets in Europe are off slightly at 7.00 AM New York time. The FTSE is down .1% to 6,511. Barclays (BCS) is off .3% to 731.5. GSK (GSK) is off .5% to 1309. The…
The New York Post reports that Jone Apparel (JNY) is about to sell its Barney’s unit to private equity interests for $950 million. It will be a relief for JNY shareholders. The company’s shares…
Free DVDs. Free shipping. That may be where the competition for online DVD services is heading. Blockbuster (BBI) has launched a new service allowing its customers to get DVD by mail for as little…
Boeing (BA) is experiencing problems completing the first planes in its new 787 Dreamliner series. The fuselage sections of the aircraft don’t fit together right. It would seem an issue like that would make…
GlaxoSmithKline (GSK) would have Wall St. think that its diabetes drug Avandia has been safe all along. Even though concerns were raised several years ago about whether the product caused heart problems. According to…
Barclays (BCS) is looking at increasing the cash portion of it bid for ABN Amro (ABN). It is already in a bidding contest with a group lead by the Royal Bank of Scotland. Shares…
According to Reuters, the IntercontinentalExchange (ICE) sweetened its bid for the CBOT (BOT). The Wall Street Journal writes that the largest shareholder in Ceridian (CEN) will oppose its sale to Thomas Lee Partners for…
Markets in Asia were off slightly. The Nikkei fell .2% to 17,733. NEC (NIPNY) was up 2% to 616. Sony (SNE) was up 1.2%. The Hang Seng was down .3% to 20,580. HSBC (HBC)…
Whether or not you are an eBay (EBAY-NASDAQ) fan, user, or shareholder, you probably know about the "Buy It Now" feature that allows you to stop an auction by the click of a button…
Stock Tickers: MRK, PFE, JNJ, GSK, SGP, LLY, WYE, NVS, NVO On tonight’s MAD MONEY on CNBC, Jim Cramer said he keeps getting asked about Big Pharma drug stocks. He’d rather focus on farms,…
The market rises and falls, goes flat, sells off, recovers……. But no matter what there are some days where you have some winners and losers. Here are some stocks that rose today in a…
DJIA 13,295.01; -129.95 (0.97%)S&P500 1,493.00; -16.12 (1.07%)NASDAQ 2,549.77; -22.38 (0.87%)10YR-Bond 5.248%; +0.111%NYSE Volume …
Hovnanian (HOV) Home builder sector gets worse by the day. Down to $20.37 from 52-week high of $38.66. Pulte Homes (PHM) Same disease, different patient. Drops to $24.50 from 52-week high of $35.56. Dean…