Media Digest 8/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP…
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP…
Many knew that the huge Russell rebalance stocks was creating huge selling in the names toward the end of last week. Yet on no news today we are seeing solid gains in…
The Russell 3000 Index is being rebalanced and many cult stocks with low share prices that have a wide following and high trading volume are getting booted off the index. Beacon Power…
Several of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries…
Vonage Holdings Corporation (NYSE: VG) is seeing a surge in shares this morning after the VoIP telephony company announced a quarterly profit. Yep, a profit. This was a $5 million gain or…
eBay (EBAY) announced that it would do an IPO of its Skype internet phone business. According to eBay’s CEO John Donahoe, “Skype is a great stand-alone business with strong fundamentals and accelerating…
Vonage Holdings Corp. (NYSE: VG) has signed a definitive agreements to refinance its convertible debt, a move which will help to secure its future. The financing package consists of a $130.3 million…
New management over at Vonage Holdings Corp. (NYSE: VG) is going to have its hands full. The independent VoIP telephony leader did post a narrower loss on expense management. Its $7 million…
According to Reuters, Microsoft (MSFT) backed its internet spending plan and said it was done with negotiations with Yahoo! (YHOO). Reuters reports that the CFO of Wachovia (WB) is leaving.
Comcast Corporation (NASDAQ: CMCSA) (NASDAQ: CMCSK) and Vonage Holdings Corporation (NYSE: VG) have announced a collaborative agreement this morning to address "the reasonable networkmanagement of Internet services." Comcast committed to work together…
Vonage Holdings Corp. (NYSE: VG) reported that first quarter revenue rose by 15% to $225 million. The company also generated an adjusted operating income of $8 million, while its net loss narrowed…
While most of the investment community goes out breaking down earnings for major stocks, there is a huge interest in many of the cult stocks reporting earnings. Among the cult stocks we…
Vonage Holdings Corp. (NYSE: VG) has signed a non-binding letter of intent with "a third party financing source" to provide $215 million in a private debt financing. The company noted that about…
Several brands which were extremely powerful during the last few decades are about to disappear. Many of them no longer drive big sales. Some are a part of companies that are in…
Below are the top analyst calls that 247WallSt.com is looking at this morning in early trading: Barnes & Noble (NYSE: BKS) downgraded to Underweight at JP Morgan. Best Buy (NYSE: BBY) downgraded…