Freescale announced that it is exploring strategic options for its cellular handset business and intends to complete a sale, joint venture agreement or other transaction in the coming months. Former corporate parent Motorola (NYSE:…
The government’s bailout package is likely to pass if you believe in the new event-driven alternative futures markets. The latest active contract on intrade.com, perhaps the most liquid of the "prediction markets," is still…
General Electric Co. (NYSE: GE) is coming out swinging to halt the offensive rumors and credit concerns that have been hindering its stock. The company made two key announcements to fight this. GE will…
Despite the realm of uncertainties we all face, there is one sector which has survived through the good times and bad times of the last century: movies. Movies haven’t even been killed by the…
GameStop (NYSE: GME) has reached a deal to make another video game chain acquisition. It is in a definitive agreement to acquire Micromania. This chain is France’s leading video game retailer with 332 locations…
Farmer Mac, or Federal Agricultural Mortgage Corp. (NYSE: AGM), has been up against the ropes and reviewing its alternatives. Things have been so bad that at a $4.10 close, that is down from a…
Today was a very strange day in Google Inc. (NASDAQ: GOOG) as far as a stock. As we suspected and went out with after seeing this too many times, NASDAQ has made a determination…
If you have ever seen odd trading, Google Inc. (NASDAQ: GOOG) saw its fair share of odd trading. Shares had been up the entire day and right before today’s close there was a massive…
Huntsman Corp. looks like it may be trading up 50% pre-market after a recent battering. This chemicals and products maker had been down and out after its private equity buyout from Apollo Management &…
Wachovia Corporation (NYSE: WB) has just resumed trading after its FDIC-led Citigroup Inc. (NYSE: C) "take-under" came in. By now you’ve already heard enough about the merger news and how ugly this was going…
Right after noon today, our screen for most active call options pointed out the movements in shares of National City Corporation (NYSE: NCC). We already noted that famed Oppenheimer banking analyst Meredith Whitney actually…
Wachovia Corporation (NYSE: WB) is the newest big bank that is being taken over in a government-sponsored deal. Citigroup (NYSE: C) is acquiring the bulk of the bank’s assets and liabilities in an FDIC-facilitated…
Banks and investment banks who watched Bear Stearns, Washington Mutual, and Lehman go down in flames have learned a lesson. Bank of America (BAC) moved too fast to buy Merrill Lynch (MER). If it…
The carnage and fallout from the Washington Mutual (NYSE: WM) failure on Friday was broad-based and very ruthless in the banking sector. Most companies had no news, yet speculation of exposure and related counterparty…
The rumor mill and the deal-making mill might not be dead. The New York Times’ DealBook noted that Citigroup Inc. (NYSE:C) and Wachovia Corporation (NYSE: WB) were in early merger talks. Citi shares closed…