However badly the big car companies bled sales this summer, it appears that August brought no hope for better days. Bloomberg speculates that Toyota (TM) sold more cars that Ford (F). The…
As the municipal WiFi business at Earthlink (ELNK) has come under financial pressure, the future of city-wide wireless projects is in trouble. ELNK shares are down over 20% in the last two…
Douglas A. McIntyre http://www.bloomberg.com/apps/news?pid=20601087&sid=ajZ2lVrqeb2I&refer=homeA study out fo Sweden may help the flagging fortunes of the stent businesses at Boston Scientific (BSX) and Johnsohn & Johnson (JNJ). Several pieces of research had indicated that drug-coated stents…
According to GigaOm, the Google (GOOG) mobile phone is getting closer. The phone will run mobile Linux and can run Java virtual machines. It will run video clips. The Google phone also…
Douglas A. McIntyre According to Reuters, HSBC (HBC) bought 51% of Korea Exchange Bank $6.3 billion. Reuters writes GE (GE) bought buy British oilfield services firm Sondex for $583 million. Reuters reports that oil moved…
Markets in Europe were mixed at 7.40 AM New York time The FTSE was up .2% to 6,317. Barclays (BCS) was up 3.3% to 633.5. BP (BP) dropped .6% to 554. The…
Most markets in Asia were down modestly. The Nikkei fell .3% to 16,525. Sony (SNE) was up .4% to 5600. Toyota (TM) was up 1.5% to 6860. The Hang Seng fell .4%…
After the close Friday, while no one was there to see it, we had a fairly interesting spin-off announcement. El Paso Corp. (NYSE:EP) filed with the SEC to make its El Paso…
Douglas A. McIntyre Genel Logic (NASDAQ:GLGC) is a stock that is either one incredible value stock in biotech land, or it is just another major value trap. Even after the last market malaise, we are…
Douglas A. McIntyre The head of Ford (F) says that a tough economic environment will not undermine that company’s turnaround. According to an interview with Bloomberg. “We put together a pretty robust transformation plan," said…
AMD (AMD) shares rose almost 5% on Friday, and closed at $13.02. News out of Seagate (STX) indicated that PC shipments may be up more than forecast. But, it also appears that…
From Silicon Alley Insider Google just made life more difficult for many online publishers: The search giant has struck a deal with the AP and three other newswires to host their stories…
Douglas A. McIntyre More volatility plagued the markets this week as the credit situation broadened and deepened, drawing more banks, funds and investors into the fray. Earnings season wound down as the Labour Day holiday…
Douglas A. McIntyre Christopher & Banks (CBK) Clothing retailer loses CEO. Drops to $11.69 from 52-week high of $31.25. Cost Plus (CPWM) Home furnishing and entertainment products retailer loses CFO and drops guidance. Shares fall…
Douglas A. McIntyre Apple (AAPL) claims that it kicked NBC’s programming off of its iTune service because NBC would not agree to pricing. NBC claims that: "We never asked to double the wholesale price for…