Today’s Best Market Rumors (9/28/2009)
Updated regularly throughout the day. Update: Rusal, the world’s biggest aluminum firm, may have an IPO on The Hong Kong exchange. The company is controlled by Russian oligarch Oleg Deripaska and has…
Updated regularly throughout the day. Update: Rusal, the world’s biggest aluminum firm, may have an IPO on The Hong Kong exchange. The company is controlled by Russian oligarch Oleg Deripaska and has…
Reuters:Â Â The young and affluent in China may become more active consumers. Reuters:Â Â The G20 is looking to nurture the recovery and add financial safeguards. Reuters:Â Â Taxpayers may never get back all…
DVD sales are flagging and rentals are up, news which is likely to be unwelcome at the major movie studios. The Digital Entertainment Group announced that in the first half of this…
Twitter has just raised capital at price that values the company at about $1 billion. A collection of private investors have agreed to buy two-thirds of Skype from eBay (EBAY), a process…
Omniture Inc. (NASDAQ: OMTR) seems like another niche ad-tech play that has gone on over the recent years, but it could possibly be much more. Adobe Systems, Inc. (NASDAQ: ADBE) gave a…
Blockbuster Inc. (NYSE: BBI) is dying if you read today’s headlines. Word from most media outlets today is that Blockbuster may close some 960 stores. Ouch. That sounds as though there will…
BusinessWeek is losing money, over $40 million last year by some accounts, and more if the publication’s corporate overhead is included. There have been questions about whether BusinessWeek is financially viable for…
Google’s (GOOG) YouTube may finally come up with a way to raise revenue. It streamed nine billion videos last month, but, by some estimates loses $300 million a year. The quality of…
These are the early morning analyst upgrades and positive research calls we have seen from Wall Street analysts this Tuesday morning: Coinstar (CSTR) Started as Overweight at Thomas Weisel. Costco (COST) raised…
Twitter had another hacker attack yesterday. Several media outlets reported that the micro-blogging system was down periodically though the early morning and afternoon. The service had more severe problems last week. There…
The good news from Time Warner (TWX) is that it affirmed its earnings outlook for the year. The bad news is that it is losing more revenue at its publishing unit, Time, Inc. where…
Reuters:  The recession has badly hurt investments in green technologies. Reuters:  Obama called for deeper China ties with the US. Reuters:  BP’s (BP) profits fell sharply. Reuters:  Bank of America (BAC) will…
24/7 Wall St. completed an analysis of newspapers websites for the years 2008 and 2009. We have added magazines to this analysis because print media clearly faces potential extinction if it cannot…
Americans are turning to cheap alternatives to expensive video games by finding interactive games online. These game are usually much less expensive to play that the ones consumers have to buy for…