Updated throughout the day. Skype demanded $7 billion for its sale to Microsoft (NASDAQ: MSFT) (Bloomberg) Boston Scientific (NYSE: BSX) CEO Ray Elliott was pushed out by the firm’s board (various) Douglas A. McIntyre
Most technology company first quarter earnings have been relatively good. Businesses and consumers have begun to return to the market for servers, PCs, and software. The demand for smartphones and tablets is nothing short…
A US-style stimulus may be all that is between defaults of the sovereign debt of Greece, Portugal, and Ireland. It is a plan which is extremely unlikely to be undertaken, but it may be…
Reams of new data from China show that its economy has begun to slow. Inflation for April was 5.3%–modest by Chinese standards. Information on industrial output and loans also indicated that China’s inflation will…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last quarter. (Reuters)…
Housing has dropped more than 50% in many areas in the US, and there are few regions where prices are off less than 25%. Most housing experts do not believe the market will recover…
> Amount Paid: $8.5 Billion > Number of Subscribers: 663 Million > Amount Paid Per Subscriber: $12.82 Microsoft recently confirmed that it will buy voice over IP company Skype Technologies for $8.5 billion, the…
Sony (NYSE: SNE) kept the top spot in the Flame Index as concerns about the shutdown of its PS3 network failed to subside. Sony could face $1 billion in liabilities. The Japanese company says…
Has the nation of Greece reached a financial bottom yet? Daily Austerity Watch doesn’t think so. The Wall Street Journal is reporting that a new $86.1 billion bailout from the European Union and the…
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…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of eBay, Inc. (NASDAQ: EBAY), MannKind Corporation (NASDAQ: MNKD), and USA Technologies (NASDAQ: USAT) .…
Updated throughout the day. Google (NASDAQ: GOOG) will launch an online music service (Reuters) Greece will get an additional bailout from the EU as early as next week (WSJ) Bank of America (NYSE: BAC)…
All fifty states will not carry the US economy to a recovery, if it can recover entirely at all. A careful look at the patterns of aging, births, and population movement shows that nearly…
Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big bank’s stock…
The Intergovernmental Panel On Climate Change, a program supported by the UN, has released its new forecast for the use of renewal energy in 2050. It has hardly worth reading except that it shows…
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…