Updated throughout the day. BP plc (NYSE: BP) will cap its well leak by July 27 (WSJ). The U.S. government is launching a program nicknamed “Perfect Citizen” to detect cyber assaults on…
Reuters: BP plc (NYSE: BP) shares have recovered as a relief well nears the leak. Reuters: Saudi investors are seeking a 10% to 15% stake in BP. Reuters: Microsoft Corporation (NASDAQ: MSFT)…
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…
Carl Icahn didn’t get what he wanted in his $7/share tender offer for Lions Gate Entertainment Inc. (NYSE: LGF), but he got enough. Icahn’s extended offer period ended June 30th with the…
Steve Jobs, the CEO of Apple Inc. (NASDAQ: AAPL), sits on the board of The Walt Disney Company (NYSE: DIS) That means the entertainment company is well aware of the power of…
Reuters: Maria Cantwell (D-WA) will support the Senate financial reform bill, giving Democrats a boost. Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth. Reuters: …
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: Auto dealers will not be subject to new financial regulations. Reuters: The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ). Reuters: Firm iFixit says…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The “Toy Story 3” numbers are better than they look. Initial estimates are that the Pixar movie, distributed by Walt Disney (NYSE: DIS), brought in $109 million in box office receipts. That…
Douglas A. McIntyre 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…
Updated throughout the day. 2:00 PM Update: Rumors that ARM Holdings plc (NASDAQ: ARMH) is being thwarted after Davidson downgraded the stock were being unfounded… Shares are now only up 5% at…
Updated throughout the day. Walt Disney (NYSE: DIS) is in new talks to sell Miramax (LA Times) Sony (NYSE: SNE) Discovery Communications, and IMAX will launch a 3D venture (NYPost) AT&T (NYSE:…
Media companies and investors are treating the broadcast television businesses as if they had the plague. There are rumors that Walt Disney Co. (NYSE: DIS) wants to dump ABC and that General…