According to Reuters, the Administration has forced GM (GM) CEO Rick Wagoner out of his job. Reuters reports that in an FT interview Obama said the G-20 nations should send a strong…
Google (GOOG) has been buying modest-sized companies for several years. It tries to find firms that have software or products that allow it to diversify out of the firm’s core search business,…
By Douglas McIntyre for Daily Finance Ebay (EBAY) has not had much luck making money on Skype since it bought the VoIP company that has tens of millions of customers around the…
Douglas A. McIntyre Getting people to pay for something that they are used to getting for free is nearly impossible. The newspaper industry is finding that out the hard way as it tries to get…
Douglas A. McIntyre According to Reuters, the US will woo private capital to get buyers for bank toxic assets. Reuters reports that US shoppers are likely to remain frugal. Reuters reports that US car dealers…
According to Reuters, Roche agreed to buy Genentech (DNA) for $46.8 billion. Reuters reports that the world economy is shrinking as the G20 meeting approaches. Reuters reports that US foreclosure filings were…
eBay Inc. (NASDAQ: EBAY) rose in after-hours trading after the online auction offered bulish guidance out to 2011 at its analysts’ day. There are many caveats.
Douglas A. McIntyre Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE (GE) Market not comforted that GE’s financial services are is not in…
Citigroup (C) Government will take a 36% share. Drops to $1.42 from 52-week high of $27.35. AMBAC Inc (ABK) Market hates it earnings. Drop to $.56 from 52-week high of $12.37. Synta…
Facebook may not make any money, now or in the future. It may only be worth 10% of its maximum valuation of $15 billion. But, in spite of all that it is…
Jeff Bezos, the founder and CEO of Amazon (AMZN), looks a bit mad. Stick thin and without a hair on his head he is both bug-eyed and frenetic. He has the look…
There is a new trend that has emerged in this earnings season that will have an impact in 2009 and maybe beyond: a lack of earnings and/or revenue guidance. This unravels roughly…
According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports that exports from Japan dropped sharply. Reuters writes that Sony (SNE) warned…
Wall St. had low expectations for Ebay’s (EBAY) fourth quarter. For the period Ebay is expected to report earnings of $.39 a share on revenue of $2.1 billion, according to consensus estimates…
Douglas A. McIntyre Online auction leader eBay Inc. (NASDAQ: EBAY) is set to report earnings after the close of trading. The consensus estimates from Thomson Reuters (First Call) are $0.39 EPS on $2.12 billion in…
Douglas A. McIntyre 