AMD (AMD) needs more money. It appears that it got about $700 million from Abu Dhabi’s Mubadala Development, accordiing to Reuters. The country that controls the fund is one of the world’s…
Galleon Group, which 24/7 Wall St. pointed out bought shares in AMD (AMD), may already regret that move. Bloomberg writes "Advanced Micro Devices Inc., the world’s second-largest maker of computer processors, is…
These are not the only impacting analyst calls in the land of upgrades & downgrades, but these are the top ten analyst calls 24/7 Wall St. is looking at today: Baker Hughes…
The CEO of Virtual Iron, Ed Walsh, spoke exclusively to 24/7 Wall St. partners in two separate interviews. Virtual Iron is the virtualization company owned in part and backed by Goldman Sachs…
According to Reuters, BHP Billiton (BHP) will not sell its petroleum division, as had been rumored, to finance a bid for Rio Tinto (RTP). Reuters writes that most of the Hershey (HSY)…
The most visible shift in short interest in the new Nasdaq figures as of October 31, is the sharp increase in shares sold short in Microsoft. From October 15 to the end…
Below is the short interest in certain stocks traded on Nasdaq. The figures are as of October 31 and compare to numbers posted on October 15, 2007 Largest Short Positions Company …
Yesterday’s sharp sell-off in the Nasdaq showed the market something. In a downturn, the Apples (AAPL) and RIMMs (RIMM) of the world have an Achilles Heel. They have run up too much.…
WiMax appears to be such a promising technology, at least on paper. It can send wireless broadband signals for miles from one base-station. If is faster than 3G, the core technology used…
In the past month, fourth-quarter earnings expectations for companies in the S&P 500 have fallen by nearly half, according to Thomson Financial. So says the FT. The problem has several sources and…
In Barron’s semi-annual Big Money Poll, institutional investors are asked about their two favorite stocks and also which shares are most overvalued. For the latest poll, 112 money managers responded. On the…
The technology world loves WiMax, the ultra-high-speed wireless broadband technology. Wall St. hates it. The two biggest proponents of the system in the US are Sprint (S) and Clearwire (CLWR). Over the…
Douglas A. McIntyre Below are the short positions for major companies traded on the Nasdaq as of October 15. The figures compare to numbers on September 28, 2007 Traders bet big on Sun’s turnaround, dropping…
Transmeta Corp. (NASDAQ:TMTA) is seeing shares gap up exponentially after the announcement that it has reached an agreement with Intel (NASDAQ:INTC) to settle all legal claims between the companies and to license…
Douglas A. McIntyre Any business where Cisco (CSCO) and Intel (INTC) are on the same side of the ball is going to get a lot of momentum. And, yesterday Cisco bought WiMax equipment company Navini…
