A number of media outlets say that Microsoft (NASDAQ: MSFT) bought global VoIP service Skype for $8.5 billion. Skype’s subscriber base has been put at 655 million. Skype’s S-1, a step toward an IPO,…
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in US Treasury…
> Total Home Value Lost: $10.06 Trillion > Total Home Value, June 2006: $31.75 Trillion > Total Home Value, March 2011: $21.69 Trillion The total decline in US home values since the market peak…
by Abrahm Lustgarten, ProPublica, May 9, 2011, 3 p.m. For the first time, a scientific study has linked natural gas drilling and hydraulic fracturing with a pattern of drinking water contamination so severe that…
Total Brand Value Lost:$60 Billion (11%) The three companies that lost the most brand value: > Santander: Lost $6.6 Billion (37%) > Nintendo: Lost $6.5 Billion (37%) > Bank of America: Lost $7 Billion…
Hertz (NYSE: HTZ) made a wildly high offer for Dollar-Thrifty (NYSE: DTG). The value of the possible buyout is $2.24 billion. That equals$72 a share, although the real value of the offer is hard…
House Speaker John Boehner (R-OH) is in a pickle. On the one hand, the Ohio Republican has to convince his political base that he is serious about cutting the nation’s debt while at the…
by Paul Kiel, ProPublica, May 9, 2011, 7 a.m. This story was co-published with Slate. A few months ago, Bank of America offered Sergio Cortez of Staten Island, N.Y., the help he desperately needed…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Broadsoft Inc. (NASDAQ: BSFT), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Sequenom, Inc.…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updated throughout the day. The maker of “Angry Birds” may try an IPO in three years (Reuters) Netflix (NASDAQ: NFLX) will make a big effort to move into Latin America (FT) Douglas A. McIntyre
Crude collapsed from over $112 to under $100 in just a few days. The sell-off in silver was even more rapid and deeper. Agricultural commodities prices have fallen, in most cases, since the start…
There is hardly any legitimate research that shows an improvement in the US housing market. That was confirmed again today as real estate website Zillow released its first quarter analysis. The introduction to the…
The EU will not be able to hold the restructuring line at Greece. Greece was always expected to be the problem child among the EU nations that needed bailouts or had severe financial problems.…
In 10 countries, more than 86% of users are on Facebook. That kind of dominance is rare for any company. Facebook has 600 million members worldwide and continues to grow. It faces the same…
Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters) New negotiations between China and the US seeks to reduce tensions between the…
AAA Daily Fuel Gauge Report: $3.966. Gasoline prices dipped a minuscule amount from $3.975 yesterday. The sudden drop in oil price may bring future belief, but several brokers say the correction is temporary. The…
S&P 500 WEEK: BOTTOM 10 (29 APR – 5 MAY) Ticker Weekly Price Change (%) Close Price 5May11 Close Price 29Apr11 Market Cap ($Mil) Computer Sciences Corp CSC -14.7 43.47 50.98 6741.8 Pioneer Natural…
S&P 500 WEEK TOP 10 (29 APR – 5 MAY) Ticker Weekly Price Change (%) Close Price 5May11 Close Price 29Apr11 Market Cap ($Mil) Novellus Systems Inc. NVLS 10.3 35.42 32.10 3162.8 Macy’s Inc…
Top Smartphone Platforms 3 Month Avg. Ending Mar. 2011 vs. 3 Month Avg. Ending Dec. 2010 Total U.S. Smartphone Subscribers Ages 13+ Source: comScore MobiLens Share (%) of Smartphone Subscribers Dec-10 Mar-11 Point Change…