2:21am ET
Investing
Asia Markets And Europe Open 6/24/2009
Markets in Asia were higher. The Nikkei was up .4% to 9,590. The Hang Seng rose 2% to 17,871. The Shanghai Composite was up 1% to 2,922. At the open in Europe,…
ORCL Coverage Page 97
3:08pm ET
Apps & Software
Oracle Mixed Bag As Acquisitions Not In Numbers Yet (ORCL, JAVA)
Larry Ellison and friends over at Oracle Corp. (NASDAQ: ORCL) just reported earnings. The enterprise software giant posted $0.46 EPS EPS and $6.9 billion in revenues. Thomson Reuters had estimates pegged at…
2:55am ET
Investing
Media Digest 6/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg.
Reuters: Airlines are cutting back on first class seating. Reuters: Xstrata wants merger talks with mining rival Anglo American. Reuters: Employers are cutting 401 (K) plans. Reuters: Brand loyalty is being hurt by…
3:07am ET
Investing
Media Digest 6/3/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: A survey shows the global stimulus spending lacks direction. Reuters: The race for “green” cars is still wide open. Reuters: GM (GM) and Chrysler will face Senate scrutiny are dealer closings.…
2:15pm ET
Investing
Imminent Change to DJIA 30 (GM, F, CSCO, ORCL, AAPL, GOOG, CL, HON, PEP, TGT, AMZN, MDT, ABT, GS, BRK-A)
Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average. We have heard…
6:56pm ET
Investing
Short Sellers Flee Tech Stocks (MSFT)(CSCO)(ORCL)(JNPR)
The sharp rally in technology stocks over the past two weeks has pushed short sellers out of the market. The short interest in Microsoft (MFST) fell 29% in the period ending May…
11:05am ET
Investing
DJIA Component Replacement Candidates for GM (GM, F, CSCO, ORCL, GOOG, AAPL, CL, HON, PEP, TGT, MDT, ABT, GS, BRK-A)
The bets are on that General Motors Corp. (NYSE: GM) is done as far as the current stock is concerned. While it seems that the equity holders of today will keep 1%…
4:05am ET
Investing
Tech Innovation Moves From West To East (HPQ)(AAPL)(DELL)(INTC)(IBM)(MSFT)(CHL)(GOOG)
The West, particularly the US, has been able to hang onto its lead in technology innovation for the better part of thirty years while the manufacturing economy was driven by cost savings…
4:04am ET
Technology
The Texas Fire Ant Puzzle: Innovation And The Recession
A huge population of red ants has bedeviled Texas farmers for years. By some estimates the insects cost state businesses close to $1 billion a year due to crop and machinery destruction.…
4:30pm ET
Apps & Software
Virtualization War: Oracle/Sun & VI Acquisition vs. VMware & Microsoft (ORCL, JAVA, MSFT, VMW, EMC)
Oracle Corp. (NASDAQ: ORCL) is already in the process of acquiring Sun Microsystems Inc. (NASDAQ: JAVA). This morning came an announcement that Oracle was buying a private company called VirtualIron. Normally private…
3:18am ET
Banking, finance, and taxes
Short Sellers Move Into Banks, Out Of Tech (C)(BAC)(WFC)(DELL)(INTC)(CSCO)(MSFT)
Short sellers may have helped themselves by moving out of tech stocks just as shares in the sector began to make big advances. In the period ending. May 11, short interest in Microsoft (MSFT) fell…
3:01am ET
Investing
Media Digest 5/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters…
3:00am ET
Investing
Media Digest 5/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will buy…
5:03am ET
Technology
Based On Bad Earnings, Could Oracle (ORCL) Walk Out On Sun (JAVA)
The term “material adverse effect” was not in the business vocabulary until about two years ago when LBO deals began to fall apart. Acquirers who got cold feet, or could not get…
2:52am ET
Investing
Media Digest 4/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…