According to Reuters, billionaire Ron Burkle is talking with unions at Dow Jones (DJ) about making a bid for the company. Reuters writes that shares of Anheuser-Busch (BUD) hit an all-time high based on…
Markets in Asia were mixed. The Nikkei fell .1% to 18,041. Japan Tobcco fell 1.9% to 214000. NEC (NIPNY) fell 1.3% to 617. NTT (NTT) rose 1.6% to 559000. The Hang Seng rose .3%…
Billionaire Ron Burkle, who had shown an interest in buying the LA Times, has apparently hooked up with some of the unionized employees at Dow Jones (DJ) to snatch the company away from Rupert…
Google (GOOG) needs a lot of server capacity to run all those zillions of search results and billions of YouTube streams. It is safe to say that Google has as many servers as any…
It is not enough that Yahoo! (YHOO) is selling advertising for newspapers and Google (GOOG) is brokering every media type under the sun. Now, Ebay (EBAY) is opening a radio advertising auction business. The…
Cramer has a speculative little drug stock that keeps getting thrown to him in the Lightning Round: Acadia Pharmaceuticals (ACAD). Cramer thinks now is the time that you can buy Acadia. It trades entirely…
You can access the CMGI, Inc. (CMGI-NASDAQ) summary of the full earnings here, and there are more notes as follows: Market is growing double-digits, and CMGI expects to ultimately reach that same rate……higher margin…
Telik (TELK) Biopharma has drug trial halted. Drops to $2.96 from 52-week high of $20.36. Cache (CACH) Women’s clothing store chain has poor same-store sales and lower guidance. Down to $14.14 from $26.32. Spatialight…
JANA Partners and S.A.C. Capital Advisors notified TD AMERITRADE that their funds have an aggregate “economic interest” in approximately 50 million shares of TD AMERITRADE, amounting to 8.4% of the outstanding stock, and plan…
SIRIUS Satellite Radio Holdings (SIRI-NASDAQ) just received a $250 million term loan from Morgan Stanley. The facility will mature in five and a half years and have covenants substantially similar to those under the…
ETF Tickers: SRS, SDP, SSG, SJH, SZK, SDD, SKK, SKF, SDS, SCC, SJL, FXI, PGJ, HRD, IIH, RWR, ICF, ITB, EZA, UNG What’s an easy way to tell when the market had a pretty…
Here is the brief summary for CMGI, Inc. (CMGI-NASDAQ) earnings: Net revenue increased 6.5% from prior year to $282.1 million (WR Hambrecht estimate was $259.5M); Operating income improved to $0.9 million from an operating…
If you are an investor in CMGI Inc. (CMGI-NASDAQ), you know the earnings are this afternoon after the close and you know every small cap low stock price trader is going to be watching…
Berkshire Hathaway (BRK/A-NYSE) has one serious impediment to getting involved in a buyout of Dow Jones (DJ-NYSE) as some speculate could happen at the right price. Back on March 1, 2006 Berkshire Hathaway completed…
For $2,457, a car buyer can get a used 1995 Ford Mustang with 153,000 miles on it, or a brand new car from Tata Motors, the India car maker. The car market in the…
Shares of Rackable Systems (RACK) are trading up nearly 8% today as at least two different online options tracking services have reported that increased call option activity may be an indicator of an acquisition…
If you love all the junk mail in your snail mail and if you like spam in your email, then Motorola Inc. (MOT-NYSE) has just made an investment for you. Its Motorola Ventures has…
Telik (TELK), biopharmaceutical company, is off almost 25% today on news that the FDA has stopped research on its ovarian cancer drug Telcyta. Stating the obvious, Wachovia said: "Anticipating significant shareholder backlash and harsh…
Bed Bath & Beyond (BBBY) downgraded from Buy to Neutral. Earnings estimates Raised: Aracruz Celulose S.A. (ARA), Sappi Ltd. (SPP), Celanese (CE). Earnings estimates Cut: XTO Energy (XTO). Weyerhaeueser (WY) was pretty decent estimate…
(ADSK) Autodesk filed its financial statements and will take $34.8 million charges over the review period for its stock options.(AMGN) Amgen paid 4420 to acquire Ilypsa, a private biotech with kidney drug that has…