MTV, a division of Viacom (VIA) is teaming up with RealNetworks (RNWK), the music distribution company, to compete with the Apple (AAPL) iTunes product. The new offering will have the MTV marketing…
According to the new comScore measurements, Google’s (GOOG) share of the US search market is still growing, which does Microsoft (MSFT) and Yahoo! (YHOO) no good. In July, GOOG share in the…
According to Reuters, Countrywide (CFC) sought to calm investors about it future as it laid of mortgage workers. Reuters reports that Nasdaq’s (NDAQ) failure to buy the London Stock Exchange makes it…
Markets in Asia were mixed. The Nikkei was up 1.1% to 15,901. Honda (HMC) was up 2.2% to 3870. Toyota (TM) was up 2% to 6,580. The Hang Seng was up 1.4%…
Capital One (NYSE:COF) is closing its wholesale mortgage unit called GreenPoint Mortgage and is lowering guidance. The company has revised 2007 EPS guidance down by $2.15 to $5.00 per share, and will…
Douglas A. McIntyre Fortune Brands (NYSE:FO) is doing something we didn’t expect to see, at least not any time soon. Its CEO & Chairman, Norm Wesley, is transitioning out of the CEO role effective January…
Douglas A. McIntyre On today’s STOP TRADING segment on CNBC, Jim Cramer discussed Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) and said he just took a big profit on Fannie Mae. On Countrywide Financial (NYSE:CFC)…
Douglas A. McIntyre Target Corp. (NYSE:TGT) will report earnings Tuesday morning with a conference call to follow. Shares closed up Friday but are down with the market today. First Call is expecting EPS to be…
Earlier today, we sent out a couple pieces discussing some of the pending mergers and spreads still having wide ranges. This can be indicative of a deal at risk, but some will…
There are over 150 pending mergers out there that have not yet closed. After last week’s Fed actions, there are still some deals out there that are perceived to be at risk…
Douglas A. McIntyre There are still over 150 pending mergers out there that have not yet closed. After the Fed’s recent actions, there are still some deals out there that are perceived to be at…
A lighting-efficiency company named Orion Energy Systems, Inc. has filed to come public via an IPO. For filing purposes, it has a proposed $100 million stock offering and will trade under the…
Douglas A. McIntyre The Committee to Enhance Topps announced today that independent proxy advisory firm Institutional Shareholder Services, or "ISS," has recommended that stockholders of The Topps Company, Inc. (NASDAQ:TOPP) vote against the Michael Eisner…
Douglas A. McIntyre Meridian Gold Inc. (NYSE:MDG) has announced that its Board of Directors unanimously recommends that shareholders reject the amended unsolicited offer by Yamana Gold Inc. (NYSE:AUY) and not tender any of their shares…
Luminent Mortgage Capital Inc. (NYSE:LUM) and Arco Capital Corporation Ltd. have entered into a Letter of Intent outlining current and proposed transactions intended to address Luminent’s current liquidity issues that arose due…
Douglas A. McIntyre