Today’s Best Market Rumors (10/15/2010)
Updated throughout the day. Sinochem (NYSE: SNP) has given up on its bid for Potash (NYSE: POT) (Reuters) GM should have mid-November IPO (Reuters) Wal-Mart (NYSE: WMT) has renewed it bid for…
Updated throughout the day. Sinochem (NYSE: SNP) has given up on its bid for Potash (NYSE: POT) (Reuters) GM should have mid-November IPO (Reuters) Wal-Mart (NYSE: WMT) has renewed it bid for…
Reuters: Obama must decide whether China will be designated a “currency manipulator” before the midterm election. Reuters: Google (NASDAQ: GOOG) shares were up after earnings. Reuters: GM’s IPO should be in mid-November.…
Updated throughout the day. AOL (NYSE: AOL) has considered a buy-out of Yahoo! (NASDAQ: YHOO) (WSJ) Walmart (NYSE: WMT) plans a series of small stores in big cities (WSJ) PAI Partners’s planned…
Wal-Mart (NYSE: WMT) continues to sell a number of products which contain high lead levels and some of these are toys. The same is true about children’s products sold by Target (NYSE:…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Wal-Mart (NYSE: WMT) will begin to sell the Apple (NASDAQ: AAPL) iPad, which would not make much difference since the tablet is available almost everywhere else. The Wall Street Journal and other…
Reuters: Asia nations have begun to guard against foreign capital inflow as currency tensions continue. Reuters: A halt in foreclosures could hurt investors in related securities. WSJ: Wall St. pay will rise…
Reuters: CNOOC offered $1.1 billion for a part of Chesapeake Energy, a deal the US may not approve. Reuters: Pressure to investigate mortgage practices has begun to build for banks. Reuters: South…
Le Gaga Holdings Ltd. has filed with the SEC to sell up to $100 million in ADR shares via an initial public offering. The company is a Chinese vegetable producer. The company…
The results of Costco Wholesale (NASDAQ: COST) for the September quarter were impressive, even if they are already priced into the retailer’s shares. Net sales for the fiscal 2010 fourth quarter, the…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Wal-Mart Stores Inc. (NYSE: WMT) has just pumped up the pressure on its competitors in the pharmacy business. The retailing giant has announced a joint program with Humana Inc. (NYSE: HUM) to…
Wal-Mart Stores, Inc. (NYSE: WMT) is getting a new CFO. The company has an SEC filing that shows that Thomas M. Schoewe will retire on November 30 as executive vice president and…
The first half retail sales numbers were anemic and so were back-to-school numbers. It has been assumed that a weakening economy would harm 2010 holiday sales as well. Don’t tell that to…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…