THL May Buy Yahoo! Domestic
There are a number of rumors about which company or companies may buy part of all of Yahoo! (NASDAQ: YHOO). There is even speculation that Microsoft (NASDAQ: MSFT) could partner with Silver Lake to…
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Douglas A. McIntyre
Eurozone Finance Ministers Close To ESFS Leverage Fund
In a move that might allow for the bailout of Spain or Italy, eurozone finance ministers are close to a deal that would allow the ESFS to take on leverage. Reuters quotes one official…
Silver Lake And Microsoft (MSFT) Consider Bid For Yahoo! (YHOO)
Private equity firm Silver Lake and Microsoft (NASDAQ: MSFT) may make an offer for a minority stake in Yahoo! (NASDAQ: YHOO)
Fitch Holds US At “AAA”, But Changes Outlook “Negative”
Fitch held the US rating at AAA, but revised its outlook lower. It is another of the dozens of downgrades that have hit sovereign debt around the world since the beginning of the year.…
Groupon (GRPN) Collapses Another 9% To All-Time Low
Shares of embattled Web 2.0 e-coupon IPO Groupon (NASDAQ: GRPN) fell another 9% to an all-time low of $14.85. Shares have traded as high as $31.14 since the offering. Skeptics believe that the company has…
Apple (AAPL) Black Friday Sales Soar
Deutsche Bank analyst Chris Whitmore checked 100 locations that sell Apple (NASDAQ: AAPL) products and found 75% were sold out of iPhone 4S at the close of business. Analyst firm Piper Jaffray reported that iPad sales…
Sprint (S) Falters On Chance AT&T (T) Can Salvage T-Mobile Deal
Shares of Sprint-Nextel (NYSE: S) have lagged the market considerably today. The stock is up only 2.3% as the broader market is higher by 3.5%. Sprint shareholders are concerned that AT&T (NYSE: T) will…
Judge Blocks Citigroup (C) $285 Million Settlement With SEC
According to The New York Times, A judge on Monday rejected a proposed $285 million settlement between Citigroup Inc and the top U.S. market regulator over the sale of toxic mortgage debt and ordered…
Fat Americans Try To Diet–Gallup
According to Gallup: As Americans are no doubt feeling a familiar post-Thanksgiving bulge in their waistlines, Gallup data reveal insights into how those who say they have ever lost weight made it happen. Americans…
GM To Offer Loan Cars For Chevy Volt Customer
GM (NYSE: GM), stung by NHTSA test results that showed fire risk from test crashes of Chevy Volts, will offer alternative loan cars to customers. Mark Reuss, president, GM North America, said in a…
Google (GOOG) Posts Huge Lead In Online Video Use
ComScore’s Video Matrix for October was released today. It showed that Google’s (NASDAQ: GOOG) YouTube property dominates online video viewship. Facebook, VEVO, and Microsoft (NASDAQ: MSFT) sites were distant seconds. The report said Google…
Consumer Debt Falls .6% In Q3
Consumer debt fell an extremely modest .6% in the third quarter compared to the second according to the New York Federal Reserve The report said Aggregate consumer debt fell approximately $60 billion to $11.66…
New Home Sales In October Up Only A Fraction
The Census and Department of Housing and Urban Development reported that new homes sales were only 307,000 in October. September adjusted sales were 303,000. The numbers continue a string of weak numbers. The report…
US Shares Surge By 3%, Banks Higher (MS, C, BAC)
US indices rose over 3%. The DJIA was higher by 2.83% to 11,549. The NASDAQ was higher by 3.58% to 2,529. The S&P was up by 3.23% to 1,196. The stocks of troubled banks…
Deloitte: Cyber-Monday Should Be Strong, Some Will Delay Purchases Until Later
New research by Deloitte shows Cyber-Monday shopping activity should be strong. Some shoppers, however, will delay purchases until later in the hope of getting bargains Deloitte reports among holiday shoppers today on Cyber Monday,…
RIM (RIMM) Downgraded By Sterne Agee
Research firm Sterne Agee downgraded Research In Motion (NASDAQ: RIMM) from Buy to Neutral. The company’s shares recently reached a seven year low as the firm’s Blackberry product losses market share to Apple’s (NASDAQ: AAPL)…
November Car Sales Expected To Be Strong–Truecar (GM, F, TM)
November car sales are expected to be strong, which would continue a string of good months for the industry, despite a rough economy Research firm Truecar reports that The November 2011 forecast translates into…
Today’s Best Market Rumors (11/28/2011) Microsoft And Yahoo!
Updated throughout the day. AT&T (NYSE: T) will sell more assets to get government approval of the buyout of T-Mobile (WSJ) Microsoft (NASDAQ: MSFT) may participate in a bid for Yahoo! (NASDAQ: YHOO) to…
Italy Borrowing Costs Hit 7.2%
According to the AP: For the second time in as many market days, Italy paid sharply higher borrowing rates in an auction Monday, as investors continued to pressure the eurozone’s third largest economy to…
Amazon (AMZN): Kindle Sales Rise 4X From Last Year
Amazon.com (NASDAQ: AMZN) said sales of its Kindle soared on Black Friday. In a press release, the largest e-commerce company said: Black Friday was the best ever for the Kindle family and the popular Kindle…