Kayak Software is set to debut in its initial public offering late this week. The travel comparison site’s parent is set to debut with a small offering of only about 4 million…
Jon C. Ogg Facebook, Inc. (NASDAQ: FB) is suffering a psychological blow today. The NASDAQ is down about 0.5% but Facebook’s common stock is down now by almost 4% and under the $30.00 handle at…
Increasingly, eyewitnesses who find themselves caught in some tragedy are recording their experiences and posting their videos online. And more and more news organizations are incorporating user-generated content into their news offerings.…
Trey Thoelcke GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
Research In Motion (NASDAQ: RIMM) lost a crucial patent case to Mformation on Friday. Damages levied after the trail in the U.S. District Court for the Northern District of California were $147.2…
NokiaNokia (NYSE: NOK) has cut the price of its flagship Lumia 900 in half to $49.99. The smartphone is available, among other places at AT&T’s (NYSE: T) as a “web only” special. The…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
Friday has been a stellar day based upon reaction to the major bank earnings reports and due to reports that China’s GDP maintained a growth rate of 7.6%. What is amazing is…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Dean Foods Company (NYSE: DF) Cut to Neutral at Goldman Sachs. Digital…
The new Yahoo! (NASDAQ: YHOO) board is different from the one that turned down a rich buyout offer from Microsoft (NASDAQ: MSFT), different from the one that hired Carol Bartz as CEO,…
Moody’s cuts Italy’s rating by two notches and indicates the cuts may not be finished. (Reuters) Treasury Secretary Geithner pressed UK regulators on Libor in 2008. (Reuters) A hack of Yahoo!’s (NASDAQ:…
Groupon, Inc. (NASDAQ: GRPN) is a Web 2.0 (or is 3.0?) that is caught in what very well may be a no-win situation. Its CEO has so far proven to not be…
Recently public companies Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA) rose sharply following their IPOs, but have taken a turn south that has taken shares off post-IPO highs by more…
U.S. foreclosures rise for the second straight month. (Reuters) Twitter’s ad business may have hurt new product development. (Reuters) Peugeot will cut 8,000 jobs. (WSJ) SUPERVALU (NYSE: SVU) puts itself up for…
The three major US stock indexes opened slightly lower this morning ahead of the release later today of the minutes of the last FOMC meeting. Asian markets were mixed overnight and markets…
