According to Bloomberg, GM (GM) will announce a major restructuring including moving more production to small cars. Reuters reports that regional bank stocks were hit hard by liquidity concerns. Reuters writes that…
According to Reuters, AIG (AIG) fired its CEO and replaced him with the company’s chairman. Reuters reports that Carl Icahn says the Yahoo! (YHOO) deal with Google (GOOG) has merit. Reuters writes…
Late word is that The Weather Channel will be sold to either GE’s (GE) NBCU unit, in partnership with Blackstone (BX), or to Time Warner (TWX). According to Reuters, "The winning bid…
According to Reuters, the CEO of Microsoft (MSFT) says that the company is close to its next move in its attempted takeover of Yahoo! (YHOO). Reuters reports that Wal-Mart (WMT) will use…
Online classifieds company Craigslist has tremendous goodwill among those who use the internet. It does not even charge for most of its listings. It is more a charity than a business. Enter…
Douglas A. McIntyre According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks. Reuters reports that Starbucks (SBUX) will sharply cut the number of stories…
According to Nasdaq data for the period ending April 15, short sellers moved aggressively out of tech shares. The figure compare with those posted on March 31. The short interest in Microsoft…
Ebay (EBAY) has sued Craigslist for diluting its 28% interest in the classified ad website. The odd thing about the suit is that it does not disclose what Ebay paid for its…
Douglas A. McIntyre According to Reuters, Yahoo! (YHOO) earnings met expectations. Microsoft (MSFT) indicated it would not raise its bid. Reuters writes that the price of corn and rice moved up sharply. Reuters reports that…
Once a year, the firm Millard Brown puts out its BrandZ 100 Most Valuable Brands. The data used for the list comes from consumer research and financial data on the companies. The…
Fearing a reprise of the 2000 catastrophe which wrecked hundreds of tech companies, big firms in the sector are hording cash. The only trouble with the idea is that the firms putting…
EBay (EBAY) can post pretty good results, and the market does not care. Yesterday, the online auction company put up an earnings increase of 26% on a revenue pop of 24% to…
Douglas A. McIntyre According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%, but the company was cautious about the rest of the year. Reuters…
Ebay (NASDAQ: EBAY) shares rallied modestly into the close, up 1.7% to $32.09. The company posted first quarter revenue of $2.19 billion, up $424 million from the same period last year. Revenue…
Douglas A. McIntyre After today’s close, we’ll get to see earnings out of eBay Inc. (NASDAQ: EBAY). The estimates for the online auction platform from First Call are $0.39 EPS on $2.08 billion in revenues. …
Douglas A. McIntyre 