According to Reuters, Lehman (LEH) may have to merge due to its financial problems. Reuters writes that Apple (AAPL) introduced its new 3G iPhone. Reuters reports that the head of S&P says…
Indevus Pharmaceuticals (IDEV) Bad news on drug trial. Falls to $1.21 from 52-week high of $8.22. Ambac (ABK) Possible downgrade by Moody’s. Drops to $2.45 from 52-week high of $89.33. MBIA (MBI)…
Wachovia (WB) Sacking of CEO is still driving away shareholders. Down to $21.04 from 52-week high of $54.54. Sun Microsystems (JAVA) sells off on concerns that the company’s bad forecasts could get…
Sun Microsystems (JAVA) hit a new 52-week low of $12.32. The market has believed for some time that the server company will have a poor year with relatively flat revenue and little…
There have been rumors that Dell (DELL) may feel it needs to do something with Sun (JAVA), now that Hewlett-Packard (HPQ) has cut a deal to buy EDS (EDS). Dell may need…
Short sellers moved out of Microsoft (MSFT) based on data as of May 15 compared with numbers on April 20. Short interest in the software company fell by 25 million shares to…
These are ten of the analyst calls we are keying in on this Friday morning: Apple (NASDAQ: AAPL) added to CONVICTION BUY LIST at Goldman Sachs; stock up 2% pre-market. ArcelorMittal (NYSE:…
These are some of the top analyst calls we are looking at this Wednesday morning: ADC Telecom (NASDAQ: ADCT) raised to Buy from Hold at Jefferies. Alexion Pharma (NASDAQ: ALXN) started as…
While it may be a foregone conclusion, it is time for Jonathan Schwartz to leave as the CEO of Sun Microsystems (NASDAQ: JAVA). He has done absolutely nothing for the company since…
Douglas A. McIntyre 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…
Jonathan Schwartz has become the kind of fast-talk, no delivery CEO whom investors loathe. He was the president of Sun Microsystems (JAVA) and in an appalling lack of judgment the company’s board…
Douglas A. McIntyre Sun (NASDAQ: JAVA) showed Wall St. once again that it is simply not a viable or relevant large tech company. Revenues for the third quarter of fiscal 2008 were $3.266 billion, a…
Douglas A. McIntyre Today after the close of trading we’ll get to see earnings out of Sun Microsystems Inc. (NASDAQ: JAVA). The estimates from First Call are $0.18 EPS on $3.38 billion in revenues. Next…
Douglas A. McIntyre The short position in Sun Microsystems (NASDAQ: JAVA) is moving up, For April 15, it jumped by 6.0 million shares to 33 million. The was the sixth largest move up among all…
Douglas A. McIntyre 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…
