Stock Tickers: DNA, AMGN, NFLD, CELG, GILD, GENZ, ONXX, DNDN Jim Cramer has a video on TheStreet.com "Wall St. Confidential" showing how the biotech sector can be looked at with blow-ups. For every small…
Shares of CDW Corp, the old “Computer Discount Warehouse,” have been up more than 10% before pulling back on reports that Madison Dearborn Partners is the leader in talks to acquire the company. The…
Xinhua Finance Media (XFML-NASDAQ) is coming out in defense of itself after getting trashed by Barron’s this weekend. It has just announced a $50 million share buyback plan after the further drop that was…
Toshiba, the fourth largest PC company in the world, will end its exclusive relationship with Intel (INTC) and begin putting AMD (AMD) chips in about 20% of its computers sold in the US and…
Xinhua Finance Media (XFML-NASDAQ) has found itself in a peculiar situation. After a botched IPO, which was previously indicated as “near-hot” and a subsequent flameout, has come under intense fire. Last week the company…
(ABN) ABN AMRO gets an RBS-led hostile bid of 71.1 billion Euros.(AL) Alcan may still be the subject of rival bids and may even be considering turning around and trying to do a leveraged…
AMIS started as Outperform at CIBC.ARTC raised to Buy at First Albany.AZN raised to Overweight at HSBC.BLG raised to Outperform at CIBC.COSWF cut to Neutral at UBS.JAV started as Overweight at JPMorgan.LTD cut to…
According to report in the New York Post, Liz Claiborne (LIZ) is about to cut 10% of its workforce. The company has 17,000 employees. The move is probably a very good idea. The stock…
Nokia (NOK) management has said that its patent dispute with Qualcomm (QCOM) could delay the roll-out of some 3G technology. Nokia has about 35% of handset sales worldwide. Qualcomm currently collects about $500 million…
Markets in Europe were mixed at 6.10 AM New York time. The FTSE rose .3% to 6,591. Barclays (BCS) rose .8% to 726. British Air (BAB) rose 3.9% to 479. Vodafone (VOD) rose 4.2%…
The FTC has decided to review the Google (GOOG) purchase of Doubleclick on the grounds that it might "give Google too large a grip over the booming market for online advertising," according to The…
According to Reuters, a group lead by the Royal Bank of Scotland has bid $95.6 billion for ABN Amro (ABN). Reuters writes that Rio Tinto (RTP) says that a potential bid for Alcan (AL)…
Markets in Asia were mixed. The Nikkei rose .5% to 17,873. Japan Airlines was up 3.1% to 236. Softbank was up 2.1% to 2,690. The Hang Seng was down .3% to 20,474, China Petroleum…
A group lead by the Royal Bank of Scotland has offered $95.5 billion for ABN Amro (ABN), 14% more than a bid from Barclays (BCS).. While it is hard to imagine that the bank…
Rumors are spreading that corporate telecom equipment maker Avaya (AV) may be for sale. The Wall Street Journal writes that the firm, which was once part of the old AT&T and them Lucent, may…
There has been a great deal of talk about Altria (MO) splitting its domestic and international tobacco operations. Standard and Poors recently mentioned that this might unlock some of the shareholder value in the…
Alcan (AL) has become a hot property. First Alcoa (AA) tried to buy the company and was rejected. Over the last day, media reports indicated that Australia metals giant Rio Tinto (RTP) might enter…
The diesel engine was invented in 1892. The engines consume about 40% less fuel per mile than standard gasoline engines, but are not popular with US drivers because they accelerate more slowly and produce…
For companies like Nokia (NOK) and Motorola (MOT) handsets are becoming a commodity product. In the last quarter, the average selling price of a Motorola phone dropped 14% from the same quarter a year…
According to Reuters, Australian metals company Rio Tinto (RTP) is considering a bid for Alcan (AL). Reuters writes that a delegate from OPEC said that there was not reason to raise oil output putting…