Novacea (NOVC-NASDAQ) is seeing its shares up more than 70% after signing a pact with Schering-Plough (SGP-NYSE) over the development and commercialization of Asentar for the treatment of prostate cancer. Novacea will receive an…
Interactive Brokers (IBKR), the automated broker and market maker, posted some ugly numbers this morning and paid dearly. The company went public in early May at $30, raising $1.2 billion. It reached as high…
Both BusinessWeek and Gigaom.com have recently run pieces asking whether consumers need all of the speed that the new Verizon (VZ) fiber-to-the-home product will offer. The new Fios system can run at 30 megabits…
Biogen Idec inc. (BIIB-NASDAQ) is trading up roughly 4% pre-market at $51.40, within striking distance of its $52.72 high over the last year on news of a share buyback plan. That is also the…
(AAPL) Apple trading up 0.5% after Morgan Stanley raised its $110 target to $150.(BGP) Borders Group posted a -$0.51 EPS loss vs. -$0.38e.(BIIB) Biogen Idec announced up to $3 Billion in share repurchases.(CDWC) CDW…
CDW Corp (CDWC) shares are trading up marginally after the company agreed to be acquired by Madison Dearborn Partners for roughly $7.3 Billion in cash. The buyout price amounts to $87.75 per share in…
One media commentator went so far as to say that Google (GOOG) is hiring too many engineers and working on too many projects. "Google has made a huge effort to hire the best technical…
AAPL target raised from $110 to $150 at Morgan Stanley.ACN cut to Mkt Perform at Wachovia.AIV raised to Buy at Deutsche Bank.ASN cut to Hold at Stifel Nicolaus.AVB raised to Buy at Deutsche Bank.AVY…
Europe markets were off about 1% at 6.15 AM New York time. The FTSE fell 1% to 6,541. Barclays (BCS) was down 1.2% to 724.5. Prudential (PUK) was off 2.2% to 747. Vodafone (VOD)…
When GSD&M Advertising was Wal-Mart’s (WMT) advertising agency, before they were fired. the firm put together a 55-page report about the views that customers had of Wal-Mart. According to The New York Times: The…
Microsoft (MSFT) introduced its new table-sized touch-screen PC. The new unit will be put into hotels and casinos for the time being. It can be used to buy tickets and play games. It runs…
Overnight, the Shanghai Composite fell 6.5%. It had been trading at a new high almost everyday for the last month. The reason for the drop was probably that the government tripled the tax on…
According to Reuters, quotes The New York Times as reporting that Wal-Mart’s (WMT) former ad agency sent the company a report warning that being the low price provider worked against the company in sales…
The Shanghai Composite fell 6.5% to 4,053. The Nikkei was off .5% to 17,588. Hitachi (HIT) was down 1.4% to 879. Softbank was down 1.9% to 2640. Toyota (TM) was down 1% to 7280.…
If you thought the day would never come that Dendreon (DNDN-NASDAQ) would see its volatility, its hyperactive volume, and its options premium compress to something back to almost normal, guess again: it came. The…
Stock Tickers: RDS/A, HAL, XOM, FCX, LMC, ZEUS Tonight Cramer discussed his individual stock picks on CNBC’s Mad Money for each sector where he believes we are in a "Wild Bull Market" where he…
Stock Tickers: DE, MON, SQM, CAT, TEX, MTW, FWLT, MDR, JEC, BA, UTX Cramer tonight discussed where the wild bull markets are that you want to be in. He has six bull markets. 1)…
McClatchy (MNI) Newspaper industry says web revenue not keeping pace with losses in print advertising. Drops to $27.57 from 52-week high of $46.91. Headwater (HW) Energy construction company. The development of a domestic coal-to-liquids…
A federal jury found that Qualcomm (QCOM) infringes on three Broadcom (BRCM) patents. Due to the IP issues with cellular baseband chips and software made by Qualcomm, a jury awarded BRCM over $19 million.…
On today’s STOP TRADING on CNBC, Cramer said this is a soggy day in the market and he thought Coca-Cola (KO), Disney (DIS), and others besides the merger would have taken the market further…