Media Digest 9/21/2010 Reuters, WSJ, NYT, FT, Bloomberg
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as the Australian…
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as the Australian…
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: BP plc (NYSE: BP) says its $20 billion escrow has paid out 19,000 claims which total $240 million. Reuters: The US said that BP has “killed” the leaking well. Reuters: Bank…
Reuters: Geithner will take the yuan issue to the G-20. Reuters: Oracle’s (NASDAQ: ORCL) earnings beat Wall St. forecasts. Reuters: Research In Motion’s (NASDAQ: RIMM) numbers beat forecasts. Reuters: The dollar was…
You probably already know now that Cisco Systems Inc. (NASDAQ: CSCO) has promised to pay a dividend of 1.5 to 2% initially for 2011. After a multi-year period of dead performance, this…
Symantec Corporation (NASDAQ: SYMC) finds itself at a strange place in time. Shares were under pressure after the company issued an earnings warning about order pushouts. But when Intel Corporation (NASDAQ: INTC)…
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…
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…
Reuters: A bill to help small business may be the last chance the Democrats have to help stimulate jobs before the election. Reuters: BP plc (NYSE: BP) oil spill claims should be below…
Hewlett-Packard (NYSE: HPQ) will buy ArcSight (NASDAQ: ARST) for $1. 5 billion, according to several media sources. It is the second deal that HP has made this month. It took 3Par (NYSE: PAR) out…
WSJ: The CEO of Nokia (NYSE: NOK) left the company. Reuters: BP plc (NYSE: BP) will delay Q3 results as it accounts for costs of the oil spill. Reuters: The SEC has…
Reuters: The Blue Chip Indicators cut their growth forecasts again. Reuters: Goldman Sachs Group (NYSE: GS) was fined 20 million pounds by UK authorities. Reuters: New Google (NASDAQ: GOOG) technology will speed…
Apple (NASDAQ: AAPL may be on target to sell 28 million iPads next year, which would almost certainly help lift its share price and would wreak havoc on the netbook fortresses like…
If corporations have high credit ratings, there is an opportunity to borrow for rates that have not been seen in years (or ever). August saw key bond issuances at extremely low rates…
Mark Hurd won’t make much in salary as c0-president of Oracle (NASDAQ: ORCL)–only $950,000. His bonuses will be relatively modest as well. In a letter from the company: “We offer you a…