Nothing kills a business quite so fast as when its most critical products become commodities. And the list of industries with this problem is growing. Even the price of homes has fallen victim…
Computer maker Dell Inc. (NASDAQ: DELL) today announced that it has signed a definitive agreement to acquire Quest Software Inc. (NASDAQ: QSFT) for $28/share in an all-cash deal valued at $2.4 billion.…
Paul Ausick As of late last week we had many potentially imminent buyouts that could have hit the market. When we were just finishing the report draft on Friday is when the Amylin Pharmaceuticals,…
Apple (NASDAQ: AAPL) pays $60 million to settle a trademark dispute in China. (Reuters) Factory orders in both Japan and China fall in June. (Reuters) Barclays (NYSE: BCS) Chairman Marcus Agius quits…
The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Anadarko Petroleum Corporation (NYSE: APC) Raised to Outperform at Bernstein. Apple Inc.…
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion. (Reuters) Facebook…
Shares in China-based PC company Lenovo have fallen sharply during the past few weeks. Lenovo is, by some measures, the number two manufacturer of personal computers. It competes globally with Hewlett-Packard (NYSE:…
Four months ago, it was inconceivable that gasoline prices could dip to near $3 a gallon. Most experts expected high oil prices to guarantee a price of $4 for a gallon of…
The Federal Reserve may act to spur the faltering economy. (Reuters) The G20 backs aggressive actions to combat Europe’s financial problems. (Reuters) Microsoft (NASDAQ: MSFT) did not tell its PC customers, including…
Spain’s bond yields quickly rose above 7% today for 10-year sovereign paper. Greece’s acceptance of austerity measures, based on results of the elections, provided no confidence that Spain — in its second recession…
Rumors are that Microsoft (NASDAQ: MSFT) will release a tablet PC today. It will run a version of Windows Mobile designed to operate on ARM architecture. Most analysts of the tablet market…
A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters) The UK government and Bank of England could inject as much as 100 billion…
Dell (NASDAQ: DELL) and Barnes & Noble (NYSE: BKS) each made what they considered important announcements yesterday. Neither piece of news addressed the core problems each company faces, which is that they…
The three major US stock indexes opened lower this morning following European markets where equities also traded lower this morning. US data related to retail sales (our coverage here) and producer prices…
