According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy…
According to Reuters, GM (GM) offered buy-outs to workers after posting a large Q4 loss. Reuters writes that Warren Buffett offered to insure $800 billion worth of bonds currently insured by monoline…
According to Reuters, Societe Generale will raise almost $8 billion at a large discount to its current stock price. Reuters writes that Hugo Chavez has threatened to seize foreign milk plants in…
Accorrding to Reuters, GM (NYSE: GM) will have half of its cars running on ethanol by 2012. Reuters writes that Cisco (NASD: CSCO) gave a weak forecast, moving tech shares down. Reuters…
Northwest (NYSE: NWA) and Delta (NYSE: DAL) are getting very close to announcing a merger. According to the FT "the airlines may clinch the landmark accord as early as mid-February, the people…
Douglas A. McIntyre Perhaps the people at Delta (DAL) did not get the memo. The reasons for airline mergers seem to be a bit soft. While there may be come savings in cutting ground crews…
According to Reuters, the National Retail Federation and its members are preparing for a slow year. Reuters writes that the FCC has cleared Google (GOOG) to bid in the upcoming auction of…
The dumb money in the market is betting that one or two mergers will save air carriers like United (UAUA), Delta (DAL), and Northwest (NWA) from high fuel costs and a flagging…
Douglas A. McIntyre After airline stocks took a nearly unprecedented beating during the last few weeks on concerns about higher fuel costs and a falling economy, they rallied like mad yesterday. Some of its may…
Douglas A. McIntyre These are not the only key analyst calls coming out of Wall Street analysts today, but these are the key calls that 247WallSt.com is focusing on in pre-market hours: AU Optronics (AUO)…
It is unusual to see this many 52-week lows in big cap stocks, but many of these are credit or oil-price related. US Air (LLC) down to $13.50. Northwest Air (NWA) down…
Pardus Capital Management, which has taken a position in Delta (DAL), is going to push a merger with United (UAUA) by taking the proposal to other shareholders. Odd as it may seem,…
According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
Delta Air Lines (NYSE:DAL) has canned the notions and the reports on Wall Street and Main Street that it is in merger dicusssions with United Airlines’ parent UAL Corp. (NASDAQ:UAUA). Wall Street…
Douglas A. McIntyre Rising fuel costs did not kill off a good quarter for Delta (DAL). The airline’s quarterly operating revenue of $5.2 billion for the September quarter was the highest in Delta’s history. Net…
Douglas A. McIntyre 