Zipcar (NASDAQ: ZIP) brought new convenience to the car rental market, but whatever moat it created has been damaged by the actions of America’s largest car companies and their car rental partners.…
UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and  moves in shares of Comcast Corporation (NASDAQ: CMCSA), Hertz Corporation (NYSE: HTZ), Nokia Corporation (NYSE: NOK), Research…
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in…
Hertz (NYSE: HTZ) made a wildly high offer for Dollar-Thrifty (NYSE: DTG). The value of the possible buyout is $2.24 billion. That equals$72 a share, although the real value of the offer…
AAA Fuel Gauge National Average for Regular: $3985. The price of oil made a staggering collapse today and fell below $100. Light, sweet crude for June delivery moved lower by 8.6%. Economic…
Douglas A. McIntyre The world of car driving would change a great deal if vehicle manufacturers began to compete against rental companies, which are the auto companies’ largest customers. BMW will begin to rent cars…
Reuters:  Hewlett-Packard (NYSE: HP) named the former CEO of SAP (NYSE: SAP) as CEO and a former president of Oracle (NASDAQ: ORCL) as chairman. Reuters:  A trade by Waddell & Reed Financial…
The president of PAR, which owns 7.7% of the shares in Dollar Thrifty (NYSE: DTR), told The Wall Street Journal that his fund will vote against a Hertz offer to buy the…
Reuters:Â Â The panel that will give advice to Obama about the deficit met but experts were concerned that it will offer few concrete answers. Reuters:Â Â The House may approve a bill aimed…
This is the Twitter-24/7 Wall St. market report for September 13, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
Money is cheap and deals are getting expensive. Hewlett-Packard (NYSE: HPQ) has overpaid for 3PAR (PAR) and ArcSight, at least based on their balance sheets and cash flow. HP could say that…
Reuters:  A bill to help small business may be the last chance the Democrats have to help stimulate jobs before the election. Reuters:  BP plc (NYSE: BP) oil spill claims should be below…
Reuters:  The Fed Beige Book says some regions see economic slowing. Reuters:  The China People’s Daily ran an editorial which encourages the US to take account of China’s rising power. Reuters:  Amazon.com…
Dollar Thrifty Automotive Group Inc. (NYSE: DTG) is about to get a new bid, or so it seems. Avis Budget Group Inc. (NYSE: CAR) is expected to jump in and make a…
