US markets opened higher this morning and traded higher for most of the day. The DJIA briefly rose above 13,000 for the first time in nearly 3 years. But in the early…
In late August, Dollar Thrifty Automotive Group Inc. (NYSE: DTG) demanded that its suitors, Hertz Global Holdings, Inc. (NYSE: HTZ) and Avis Budget Group Inc. (NYSE: CAR), make an offer that eliminated…
UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and…
The Federal Reserve to make a modest number of steps to keep the economy moving higher. (Reuters) Wall St. layoffs, already begun, will hurt morale as the industry tries to recover. (Reuters)…
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in…
Hertz (NYSE: HTZ) made a wildly high offer for Dollar-Thrifty (NYSE: DTG). The value of the possible buyout is $2.24 billion. That equals$72 a share, although the real value of the offer…
This is the Twitter-24/7 Wall St. market report for September 13, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
This Monday has many stocks on the move for active traders and day traders. Stocks on the move are A123 Systems, Inc. (NASDAQ: AONE), Ascent Solar Technologies Inc. (NASDAQ: ASTI), Arc Sight,…
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…
Dollar Thrifty Automotive Group Inc. (NYSE: DTG) is about to get a new bid, or so it seems. Avis Budget Group Inc. (NYSE: CAR) is expected to jump in and make a…
Updated throughout the day. American International Group (NYSE: AIG) may begin the process for an AIA IPO. (Reuters) Avis (NYSE: CAR) will top the Hertz (NYSE: HTZ) bid for Dollar-Thrifty. (NYSE: DTG)…
24/7 Wall St. has created a new list of brands that will disappear, which includes Readers Digest, Kia Motors, Dollar Thrifty (NYSE: DTG), Zale (NYSE: ZLC), Blockbuster (NYSE: BBI), T-Mobile, BP plc…
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in recreational vehicles, homebuilders, and vehicle rental stocks. Homebuilder stocks are up 19.3% in the past month. The best…
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in broadcast TV, vehicle rental, and radio stocks. Broadcast TV stocks are up 30.8% in the past month.…
The market has just absorbed over $500 million worth of stock in secondary offerings today alone. We have offerings that came from Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW), Dollar Thrifty Automotive…
