Icahn Eaten by Lions at the Gate (LGF)
Lions Gate Entertainment Corp. (NYSE: LGF) has just told Carl Icahn what he probably knew was coming but did not want to admit about his buyout offer. The company’s shareholders have rejected Icahn’s $7.00…
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Newest first · Page 299Oil Down, Gasoline Prices Up
The highly regarded Lundberg Survey said that the price of regular grade gas rose 7 cents in the last two weeks to $2.92. The average price of premium was up to $3.16. The sell-off in…
Media Digest 5/10/2010
Reuters: The US exchanges will testify before Congress about the market plunge. Reuters: The NYSE and NASDAQ said that they would cooperate with investigations of the market meltdown. Reuters: S&P futures rose as central…
Media Digest 5/7/2010
Reuters: Stocks fell in Asia and Europe as the pound and euro fell. Reuters: The GOP’s attempt to kill a consumer watchdog program was not successful. Reuters: The Goldman Sachs Group (NYSE: GS) is…
Nintendo Unit Sales Drop 21% From Last Year
The news is bad for Nintendo. It reported its fiscal year numbers. The video game company posted its first full-year drop in revenue in six years. Wii sales were down 21% year-over-year to 20.53…
Media Digest 5/6/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
MarketWatch: Asia shares were off by 2%. Reuters: Riots against austerity measures continued n Greece. Reuters: US regulators want to increase supervision of broadband. Reuters: The Fed’s Rosengren says rates must stay low.
Media Digest 5/5/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Calm water is helping manage the Gulf oil spill. Reuters: April retail sales should be up in a sign of consumer recovery. Reuters: The US is questioning Johnson & Johnson’s (NYSE: JNJ) claims…
SIRIUS XM Breather Set-Up, With A Twist (SIRI)
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is one of those stocks that you either love it or you love to hate. The company’s earnings showed $157.8 million in adjusted operating income and CEO Mel…
Media Digest 5/4/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Senate will begin to vote on the financial reform bill. Reuters: Regulators are considering an antitrust case against Apple (NASDAQ: AAPL) Reuters: Tensions between Germany and France over the Greek bailout may…
Media Digest 4/30/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
WSJ: Warren Buffett intends to discuss his investment in Goldman Sachs Group (NYSE: GS) at the Berkshire Hathaway (NYSE: BRK.B) annual meeting. Reuters: Federal authorities have started a criminal probe into Goldman. Reuters: The…
Media Digest (4/29/2010) Reuters, WSJ, NYTimes, FT. Bloomberg
Reuters: Hewlett-Packard (NYSE: HPQ) will gamble on the smartphone industry with its buyout of Palm (NADSAQ: PALM) Reuters: The oil spill from a BP plc (NYSE: BP) rig is close to shore. Reuters: Obama picked…
Netflix Turns Into Battleground Stock (NFLX)
Netflix, Inc. (NASDAQ: NFLX) has become nothing short of a battleground stock with many in favor and many getting very questionable. It has a cult following and a momentum following in the investing public,…
Media Digest (4/28/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Fed will probably say it will keep rates low. Reuters: Republicans have come up with their own bank reform plan. Reuters: Wellpoint says it will stop dropping patients. Reuters: Oil continued to…
Media Digest 4/27/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: A new panel to address the budget deficit will start work. Reuters: A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.” Reuters: The euro slipped on concern…
Media Digest 4/26/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Germany’s ruling party is keeping pressure on Greece to restructure debt. Reuters: The growth forecasts of the G20 do not make economic sense. Reuters: Oil moved higher on strong economic numbers. Reuters: The…