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What’s Important in the Financial World (2/11/2013)

ThinkstockApple Dividend Rumors The latest speculation about Apple Inc.’s (NASDAQ: AAPL) financial plans is that it will raise its dividend. That may be a way to fend off activist investor David Einhorn, who wants…

Douglas A. McIntyre · 14 years ago

Seven Companies Forced to Change Their Names

courtesy of BlackBerryWhen Research In Motion unveiled its long-delayed BlackBerry 10, it also announced it was changing its name to BlackBerry (NASDAQ: BBRY). CEO Thorsten Heins argued that the new name reflects how the…

Mike Sauter · 14 years ago

Can Facebook Buy LinkedIn? No

ThinkstockJim Cramer of TheStreet Inc. (NASDAQ: TST) and The Motley Fool believe that Facebook Inc. (NASDAQ: FB) should buy LinkedIn Corp. (NYSE: LNKD). LinkedIn has three lines of revenue, all of which come from…

Douglas A. McIntyre · 14 years ago

Media Digest (2/11/2013) Reuters, WSJ, NYT, FT, Bloomberg

courtesy of NetflixGermany continues to battle France over the use of stimulus to help jump-start the EU economy. (Reuters) U.S. Airways Group Inc. (NYSE: LCC) and AMR probably will close an $11 billion merger this…

Douglas A. McIntyre · 14 years ago

Google’s Schmidt to Sell Up to $2.5 Billion

Google’s (NASDAQ: GOOG) chairman Eric Schmidt may sell up to $2.5 billion of his shares, although the action has been overblown by the press. The Rule 10b5-1 plan allows him to make the sales,…

Douglas A. McIntyre · 14 years ago

Largest Shareholder Objects to LBO — the Letter

Southeastern Asset Management, which owns 8.5% of Dell’s shares outstanding, has filed documents and a letter to Dell Inc.’s (NASDAQ: DELL) board that objects to the planned LBO. The letter makes it clear, Michael…

Douglas A. McIntyre · 14 years ago

Veeco to Miss 4Q Filing Deadline

Thinkstock LED tool maker Veeco Instruments Inc. (NASDAQ: VECO) said today that it would miss the deadline for fourth quarter and full year 2012 revenue and earnings filings. Shares have lost more than 5%…

Paul Ausick · 14 years ago

USPS Deficit Shrinks

courtesy of USPSThe U.S. Postal Service said today that its fourth-quarter deficit totaled $1.3 billion. That’s $2 billion less than the deficit the service ran in the fourth quarter of 2011. The USPS said…

Paul Ausick · 14 years ago

Europe Adopts Seven-year Austerity Budget

ThinkstockU.K. Prime Minister David Cameron prevailed in his determination to reduce the European Union’s (EU) seven-year project budget, the first time in the 27-member group’s history that the project budget has shrunk. The chop…

Paul Ausick · 14 years ago

Fitch PIIGS, Take Two: Ireland (Almost) Looking Better

thinkstockWe have warned investors repeatedly in 2011 and 2012 that the pressure on the credit ratings in Europe likely will continue. That may be true, but as over the past six weeks we have…

Jon C. Ogg · 14 years ago

Today’s Market Winners and Losers

Photo by Spencer Platt/Getty ImagesThese are Friday’s market winners and losers. Biggest Winners Shares of LinkedIn Corp. (NYSE: LNKD) are up 19.01% to $147.67, on trading volume of 5.1 million shares. The company reported…

247sam · 14 years ago

Survey: CFO Outlook Remains Cautious for 2013

ThinkstockThere is a case of good news and bad news in a survey of chief financial officers today, and it has what should likely be an economic overhang for 2013. The good news is that…

Jon C. Ogg · 14 years ago

Trade Deficit Narrows to Lowest Reading in Years

ThinkstockThe December trade balance, known by the rest of us as the trade deficit, came in at -$38.54 billion. While this is still a huge number on the surface, this is the lowest number…

Jon C. Ogg · 14 years ago