Short sellers increased their positions in a number of telecom and tech stocks. Shares sold short in AT&T (NYSE: T) rose 14% to 58.2 million. The short interest in Verizon (NYSE: VZ)…
Oracle’s (NASDAQ: ORCL) revenue run rate is about $60 billion a year. That compares to $100 billion for IBM (NYSE: IBM) and Hewlett-Packard (NYSE:HPQ). Oracle has advantages as it attempts to catch…
Reuters: Petrobras raised $70 billion in the largest stock offer in history. Reuters: There will likely be no tax cut before the election, according to Democrats Reuters: Obama asked the Chinese premier…
Microsoft (NASDAQ: MSFT) has struggled with a stock price which is stuck where it was five years ago. The world’s largest software company’s revenue in its last fiscal year is not much…
Reuters: White House adviser Larry Summers will leave. Reuters: There is more support in Washington to press China hard on the yuan. Reuters: The prime minister of Japan said its intervention on…
Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade following WWII,…
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as the Australian…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Reuters: BP plc (NYSE: BP) says its $20 billion escrow has paid out 19,000 claims which total $240 million. Reuters: The US said that BP has “killed” the leaking well. Reuters: Bank…
Research In Motion (NASDAQ: RIMM) is higher by 5% after strong earnings. Oracle (NASDAQ: ORCL) is up 4% after posting good quarterly numbers. Crucell (NASDAQ: CRXL) is up over 55% on news…
Reuters: Geithner will take the yuan issue to the G-20. Reuters: Oracle’s (NASDAQ: ORCL) earnings beat Wall St. forecasts. Reuters: Research In Motion’s (NASDAQ: RIMM) numbers beat forecasts. Reuters: The dollar was…
Oracle (NASDAQ: ORCL) shares rose more than 2% after hours reported better-than-expected results, as it benefited from the buyout of Sun Microsystems. Fiscal 2011 Q1 GAAP revenue was up 48% to $7.5…
Douglas A. McIntyre 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…
There are many key stocks to watch for The Unusual Suspects for the week ahead. Barron’s was rather influential, we have several carry-over issues from last week that are unresolved, there are…
Mark Hurd won’t make much in salary as c0-president of Oracle (NASDAQ: ORCL)–only $950,000. His bonuses will be relatively modest as well. In a letter from the company: “We offer you a…
