Reuters: Cybercrime is spreading fast on Facebook. Reuters: GM will seek to sell most of its assets to a new company. Reuters: Madoff got 150 years in prison. Reuters: AIG (AIG) shareholders will…
Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average. We have heard…
The bets are on that General Motors Corp. (NYSE: GM) is done as far as the current stock is concerned. While it seems that the equity holders of today will keep 1%…
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…
LDK Solar (LDK) Write-down and poor forecast. Drops to $4.01 from 52-week high of $52.40. Abbott Laboratories (ABT) No special news. Just drifting down. Falls to $44.51 from 52-week high of $59.95.…
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…
If we told you on Friday that a decent-sized medical merger was coming with a 100% premium, you probably wouldn’t have believed it. We are having a hard time believing it even…
Douglas A. McIntyre According to Reuters, retail sales will probably drop further after the holidays. Reuters reports that the shock waves of the Madoff scandal are spreading around the financial world. Reuters writes that the…
The Massachusetts Department of Public Health funded a study which is showing further evidence to support the use of drug eluting stents over bare metal stents in heart attack patients. This study…
The stent business in the US has been dying and it is in trouble overseas. Stents are small mesh tubs which keep clogged arteries open. Last year, several studies showed that stents…
There is one critical aspect to the stock market that pertains to American International Group (NYSE: AIG) which has been given less coverage because of the media’s focus on the turmoil in…
Investors have another reason to bail out of Boston Scientific (BSX). It has been in a battle with the medical research community for over a year fighting the perception that its drug-coated…
We saw another exciting week full of news for key developments in drug stocks, biotech stocks, medical device stocks, and other companies involved in various aspects of health care and medicine. Below…
According to Reuters, US stock indices entered a bear market phase. Reuters writes that Yahoo! (YHOO) and Microsoft (MSFT) are exploring media tie-ups with other internet companies.. Reuters reports that The Weather…
With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America list. This…
