Reuters reports that UPS (UPS) is trying to buy Dutch rival TNT Reuters writes that credit unions are being hit by mortgage market problems. Reuters reports that GATX (GMT) is offering over $3 billion…
According to Reuters, RBS (RBS) had $1.35 billion loss due to write-downs. Reuters reports that Google (GOOG) says its investment in AOL may be impaired. Reuters writes that Citigroup (C) and Merrill Lynch (MER)…
According to Reuters, Freddie Mac (FRE) now has a negative net worth which means some investors think it should trade close to zero. Reuters writes that AIG (AIG) posted a huge loss of over…
On Thursday morning, we’ll get our first real earnings conference call out of Sirius Satellite Radio, Inc. (NASDAQ: SIRI) on a post-XM merger basis. Last week we got some of the preliminary data but…
According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes. Reuters reports that the Fed held rates steady and indicated it would not…
Priceline.com Inc. (NASDAQ: PCLN) has just reported earnings. The online travel bidding service posted $1.55 non-GAAP EPS on $514 million in revenues. First Call had estimates of $1.41 EPS on $495.7 million in revenues. …
Today feels like another episode of deja-vu in failed mergers, although perhaps this is just a similar situation rather than a total repeat. Cablevision Systems Corp. (NYSE: CVC) has announced that its board of…
According to Reuters, large Yahoo! (YHOO) holder Capital Research want to know whether vote counts from the company’s annula meeting were accurate. Reuters writes that the Fed is seen as holding rates steady. Reuters…
Mel Karmazin, CEO of Sirius Satellite Radio Inc. (NASDAQ: SIRI), has added to his position of company stock. In a show of force to show that he doesn’t want further share erosion or that…
Nintendo owns so much of the video game console market that it may be coming up against market share problems. But, the entire industry could be facing the issue of whether it has picked…
According to Reuters, the Fed will sit tight on rates as oil prices moderate. Reuters writes that Verizon (VZ) labor talks have continued past their dealine. Reuters reports that Chrysler renewed its credit facilities,…
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but Exxon (XOM) missed its numbers. Reuters reported that stressed banks borrowed a record amount…
Just when you think that the newspaper business could not get any more depressing along comes a report that Advance Publications Inc. will sell the Newark Star-Ledger, New Jersey’s biggest circulation paper, unless 26…
According to Reuters, T Boone Pickens is seeking an "army" of business leaders and citizens to back alternative energy. Reuters reports that Starbucks (SBUX) posted if first loss as a public company but back…
After today’s close, we’ll get to see earnings out of the Mouse House from Walt Disney Co. (NYSE: DIS). First Call has estimates of $0.61 EPS on $9.14 Billion in revenues for this quarter. …