Stocks opened higher this morning, helped along by a host of merger announcements. Techs got boost when Oracle Corp. (NASDAQ: ORCL) said it would pay $1.5 billion for cloud-based customer service provider…
Monday is called “Merger Monday” for a reason and this morning is a classic example of its namesake. We have seen multiple deals and news outstanding on pending deals. We recently noted…
CNN Money: Some M&A activity this AM: Cigna to acquire HealthSpring in $3.8B deal; Oracle is buying RightNow Tech in $1.5B deal. $CI, $HS, $ORCL, $RNOW NYT: Sara Lee to Sell Coffee…
Some economists argue that while businesses have recovered a great deal from the recession, American workers have not. There is some proof of that in Microsoft’s (NASDAQ: MSFT) latest quarterly results. Analysts…
Analysts keep predicting share price growth even in the face of a sagging global economy. How optimistic are they? Here’s a look at five technology companies — Apple Inc. (NASDAQ: AAPL), Google…
Last week’s announcement of the iPhone 4S from Apple Inc. (NASDAQ: AAPL) has been followed up with the company’s announcement that it has taken 1 million pre-orders for the new phone in…
Sony (NYSE: SNE) may buy Ericsson out of their smartphone joint venture. (Reuters) Geithner says problems with EU sovereign debt pose a significant risk to the global economy. (Reuters) A bill that…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Chevron Corporation (NYSE: CVX) Cut to Underweight at JPMorgan. Chipotle…
Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Overweight at JPMorgan; Reiterated Outperform…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
A shutdown of the federal government could still happen at the end of the month as the budget battle moves to the Senate. (Reuters) Hewlett-Packard (NYSE: HPQ) names Meg Whitman, former CEO…
There may be a few financiers and hedge fund managers at the top of the Forbes 400 rich list. Most of the people on it, however, are individuals who have founded or…
Leo Apotheker may have one of the shortest CEO jobs in technology history. There are rumors that the board of Hewlett-Packard Co. (NYSE: HPQ) is already considering replacing Apotheker. The move to…
