Imperial Tobacco (ITY) is buying rival Altadis for almost $18 billion. The combination would create the largest tobacco company in Europe and largest cigar company in the world. The new company would…
Douglas A. McIntyre MONDAYMattel (NYSE:MAT)Novellus (NASDAQ:NVLS)Philips Electronics (NYSE:PHG/ADR)W.W. Grainger (NYSE:GWW) TUESDAYJohnson & Johnson (NYSE:JNJ)Intel Corporation (NASDAQ: INTC)Merrill Lynch (NYSE:MER)Novartis (NYSE:NVS/ADR)Pharmaceutical Product Development (NASDAQ:PPDI)SLM Corp. (NYSE:SLR)State Street (NYSE:STT)Coca Cola (NYSE:KO)Wells fargo (NYSE:WFC)Yahoo! (NASDAQ:YHOO) WEDNESDAYAbbott Labs (NYSE:ABT)Altria…
According to Reuters, Australian conglomerate Wesfarmers bought retailer Coles for $18.8 billion, the largest buy-out in Australian history. Reuters writes that Virgin Media (VMED) is seeking a buyer, and Carlyle Group is…
Altria Group, Inc. (MO-NYSE) has announced a streamlining of operations to cut costs in a move that will result in a North Carolina manufacturing plant being closed by 2010. The Cabarrus, North…
Douglas A. McIntyre (BEXP) Brigham Exploration increased natural gas production guidance from 42-45MCF to 44-46MCF.(BLK) Blackrock will acquire the fund of funds business of Quellos for up to $1.7 Billion.(BSC) Bear Stearns has report in…
Stock Tickers: TYC, MS, F, CY, SPWR, TRB, KFT, MO, HB, ASD, EMC, DJ, AA, WY It is always interesting to see how short sellers treat shares of stocks that are undergoing…
Stock Tickers: AA, AIG, AXP, BA, C, CAT, DD, DIS, GE, GM, HD, HON, HPQ, IBK, JNJ, JPM, KO, MCD, MMM, MRK, MO, MRK, PFE, PG, T, UTX, VZ, WMT, XOM As…
"Never give a sucker an even break and never wise up a chump" — P.T. Barnum Krafts’s (KFT) shares are up 7% on a rumor that Nelso Peltz has bought 3% of…
According to Reuters, Home Depot (HD) weighed a cut in its credit rating against its decision to buy-back $22.5 billion in shares. Reuters writes that Yahoo! (YHOO) acquired sports site Rivals.com. Reuters…
Stock Tickers: MO, RAI, VGR, UST, BUD On tonight’s MAD MONEY on CNBC, Jim Cramer came out very positive on Vector Group Ltd. (VGR-NYSE). He noted that Carl Icahn is a big…
Stock Tickers: AAPL, YHOO, EBAY, LVLT, DNDN, NYX, AMZN, FWLT, GOOG,DELL, MSFT, INTC, C, RAD, SVNT, CSCO, MO, GS, HAL, DNDN On tonight’s MAD MONEY on CNBC, Jim Cramer featured his 500th…
Stock Tickers: AAPL, GOOG, RIMM, BA, UTX, ATI, RTP, RIO, FLR, SGR, PEP, KO, BUD, CAG, HNZ, CPB, HRL, K, GIS, KFT, MCD, MRK, PFE, ALO, PYX, HME, WTR, SNH, SRZ, PG,…
We reviewed various short selling trends and noticed that most sectors were mixed to up as the April to May reached record levels. But reviewing the 28 Dow Jones Industrial Average components…
Tonight on CNBC’s Mad Money, Jim Cramer said the S&P finally hit a new high after 7 years but he’s still saying the DJIA will still run another 1,000 points to 14,548. …