Contrary to the growing optimism for a takeout, Palm (PALM) is a company with little revenue, huge losses, a messy financing situation, and an expensive stock that would appear to have few suitors.…
Reuters: Baclays (BCS) sold BCI to Blackrock (BLK) for $13.3 billion Reuters: WHO declared a flu epidemic Reuters: Congress bash Fed, Treasury, and B of A (BAC) on Merrill Reuters: US is…
Reuters: Fiat closed its deal for control of Chrysler. Reuters: California may be hit by an economic “meltdown.” Reuters: May foreclosures were third highest month ever recorded. Reuters: The US named a…
Dell Inc. (NASDAQ: DELL) raised $1 billion in the corporate bond issuance markets today. While these are shorter-term than many others, this is just further and further evidence that corporate bond spreads…
The short interest in most large banks fell very sharply for the period ending May 29, an indication that traders believe that TARP repayments and ongoing strong earnings mean the fate of American…
Microsoft (MSFT) may price Windows 7 as low as $100 to offset the effects of the recession on PC operating system sales and the public’s rejection of Vista, the current version of…
Analysts have said that Apple (AAPL) does not need Steve Jobs. Apple shares are up 60% since he took a break to work on his health with his doctors. Because the form…
Reuters: Rio Tinto (RTP) has killed a deal with Chinalco for one with BHP (BHP). Reuters: US regulators insisted JP Morgan (JPM) and Amex (AXP) raise money to exit the TARP. Reuters: …
There is rather a large amount of buzz out there, and perhaps some confusion, today about Acer’s use of the Android operating system from Google Inc. (NASDAQ: GOOG) for netbooks. Acer will…
The debut of the new Microsoft (MSFT) search technology Bing was greeted by mostly positive reviews. The only legitimate complaint about the launch is that the world’s largest software company announced the…
It may be worth noting in passing that the comments of Dell’s (DELL) CFO during the company’s earnings call are bad news for any supplier of PC components and software. Brian Gladden…
Reuters: GM (GM) is close to bankruptcy after a deal with bondholders. Reuters: Banks are lobbying Washington on derivatives rules. Reuters: Dell’s (DELL) profits fell but beat estimates. Reuters: Iacocca will lose his…
Dell Inc. (NASDAQ: DELL) has just reported earnings of $0.24 EPS on $12.342 billion in revenue. Thomson Reuters had estimates at $0.23 EPS and $12.66 billion in sales. The main issue is…
Douglas A. McIntyre A drop in server sales is bad news for companies that build them including HP (HPQ), IBM (IBM), and Dell (DELL) and the firms that supply chips–AMD (AMD) and Intel (INTC). But,…
Reuters: Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters: GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters: Citigroup (C)…
