Jim Cramer came back from vacation and on CNBC’s MAD MONEY, he slammed Congress for taking more than a year now for holding up the Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio…
Accordig to Reuters, Alan Greenspan says that the US economic growth is zero and that the oil boom will go on "forever." Reuters writes that the National Association for Business Economics survey predicts that…
According to The Times HSH Nordbank of Germany will sue UBS (NYSE: UBS) to recover up to 500 million pound which it lost on subprime instruments sold to it by the Swiss bank. The…
Next week we are getting dual earnings reports out of Sirius Satellite Radio (NASDAQ: SIRI) and from XM Satellite Radio (NASDAQ: XMSR). We are also waiting for a Department of Justice approval decision, and…
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay. Reuters writes…
According to Reuters, Societe Generale filed its financial information and confirmed its huge trading loss. Reuters writes that the sale of 3Com (COMS) has come apart because a piece of the company would be…
According to Reuters, ING took a Q4 impairment at the low end of expectations. Reuters writes that KKR Financial Holdings has delayed debt payments on loans backed by mortgge-related securities. Reuters writes that News…
According to Reuters, Toshiba will drop its HD DVD format. Reuters reports that Blll Gates said Microsoft (MSFT) will target web search with or without Yahoo! (YHOO) Reuters writes that RIM (RIMM) has sued…
According to Reuters, China e-commerce company Alibaba will try to participate in the decision of the potential sale of Yahoo! (YHOO) to Microsoft (MSFT) Yahoo! owns 39% of Alibaba and there are some restrictions…
Night of the living dead newspaper chain McClatchy (NYSE: MNI) got hit with another downgrade today. Fitch cut the company’s issuer default rating further into the junk word, dropping it to "BB". It is…
Goldman Sachs has panned satellite radio stocks and maintained a cautious "Sell" on XM Satellite Radio (XMSR). What is interesting is that Goldman Sachs has also noted that its channel checks have indicated that…
Four big newspaper companies, including Gannett (NYSE: GCI), The New York Times (NYSE: NYT), the Tribune Company, and Hearst, are setting up a sales operation to market 120 of their newspapers’ online sites. In…
According to Reuters, Citigroup says UBS (UBS) may face another $18 billion in write-downs this year. Reuters writes that Alan Greenspan says the US is on the edge of recession. Reuters writes that the…
Nielsen has released its top aggregate sites by parent company for January 2008, and it starts getting even more clear why this super-merger on the web is being pursued. Below is the TOP 10…
Revenue at Comcast (CMCSA) grew 14% in the fourth quarter to over $8 billion and operating income was up 20% to almost $1.5 billion. EPS came in a $.20, up 54%. Analysts had been…