Yesterday (5/17) Stifel Nicolaus & Company upgraded Priceline.com Incorporated (PCLN) from "hold" to "buy" and set a 12-month target price at $67 a share. Priceline’s stock has gone up 7% in the last week…
The world’s most-watched stock index marched higher for most of the week, setting new records along the way. Similarly, the TSX Composite steamed ahead setting fresh closing highs. Sean Mason and Keri Korteling sorted…
In a stunningly underreported event, Congress approved the blueprint for the 2008 budget and in it is the single largest personal tax increase in US history. Where is the media on this? Passed essentially…
Despite day after day of the "New DJIA High" headlines some companies keep going the opposite direction and put in new 52-week lows. This little piggy went to market….. Atherogenics (AGIX)…. Keeps drifting lower.…
Is it an IPO, a Recapitalization, a Secondary, or a PIPE? Truthfully, it is all of them and none of them. It’s a Re-PO. Maybe the restaurant chain didn’t die, but the stock might…
Cramer on today’s STOP TRADING said the Microsoft (MSFT-NASDAQ) deal for aQuantive (AQNT-NASDAQ) is a game changer. If they willpay $6 Billion to buy AQNT, then what is coming in the land grab against…
Stock Tickers: OMR, CLCT, PRXI, HIST If you haven’t heard of Odyssey Marine Exploration Inc. (OMR-AMEX), you either haven’t watch treasure ship shows on television or haven’t seen some wild occasional stock moves. Today…
Cerberus, the suitor that appears to have wrapped up the purchase of Chrysler from DaimlerChrysler (DCX) does not exactly have a perfect record of closing deals. The fund walked away from its arrangement to…
The 24/7 Real Media (TFSM-NASDAQ) buyout price now looks silly after this premium that Microsoft (MSFT-NASDAQ) is paying to acQuire aQuantive (AQNT-NASDAQ). Lets forget about the percentage premiums and just look at the multiples. …
What would happen if the US auto industry had to compete against India in its neverending turf war? The long and hard truth is that for now the US market is probably safe as…
(ADSK) Autodesk trading down 0.7% after trading higher initially on earnings yesterday.(AQNT) aQuantive gets a $66.50 buyout price from Microsoft, nearly a 90% premium.(APD) Air Products is in CEO succession, current CEO will retire…
Stock Tickers: AQNT, MSFT, GOOG, TFSM, YHOO, VCLK aQuantive Inc. (AQNT-NASDAQ) just recived a huge premium buyout by Microsoft (MSFT-NASDAQ). This is one that was a 50/50 chance of happening via deductive reasoning after…
ADS downgraded at Baird, Bear Stearns, Piper Jaffray.APKT raised to Buy at Canto Fitzgerald.BARE started as Outperform at Wachovia.BNI started as Outperform at Morgan Keegan.CAI raised to Buy at UBS.CAMP cut to Neutral at…
The folks over at Citigroup love Verizon (VZ). They upgraded it all the way from "sell" to "buy" and moved their price target from $33 to $48. Since the stock trades at $42, that…
Sir Howard Stinger has done it. Sony’s (SNE) stock has not been this high in almost five years. But, that means that the stock is simply back to where it was five years ago,…
IBM (IBM) has announced its plans to double earnings per share by 2010. Part of it is business as usual for a big US company. It hopes to double revenue in emerging markets to…
General Electric (GE) is finally getting rid of the plastics division that has dogged its earnings for several quarters. It appears that Saudi Basic Industries will pay $11 billion, which The Wall Street Journal…
According to Reuters, profits at British Airways (BAB) dropped 18%. Reuters writes that DaimlerChrysler (DCX) will sharply reduce its debt after the sale of Chrysler. Reuters also reports that JC Penny (JCP) profirts rose…
Markets in Asia were down. The Nikkei was off .6% to 17,399. Hitachi (HIT) was down 2.2% to 845. NTT Docomo (DCM) was down 1.4% to 209000. Toyota (TM) was up .3% to 7340…
By William Trent, CFA of Stock Market Beat