Reliant Technologies, Inc. has filed to come public via an IPO with an undetermined ticker and undetermined exchange. For filing purposes, it lists that it will sell up to $95 million in…
Douglas A. McIntyre Ebay (EBAY) paid a lot of money for Skype. It ought to at least work. This AM the world’s largest VoIP service is off-line as is the home website help page. Perhaps…
(AMGN) Amgen announced 12-14% layoffs and lowered guidance for 2007.(ANX) ADVENTRX Pharma announces fast track designation granted by the FDA for CoFactor for treatment of metastatic colorectal cancer.(AUXL) Auxilium Pharma receivef FDA…
Credit Suisse started AMD (AMD) at ‘underperform" today, with a price target of $13. Perhaps no one bothered to tell the analyst that is down 45% this year and is off almost…
Douglas A. McIntyre Couuntrywide (CFC) could help drive the market down a lot at the open. The shares are off 14% before the bell, trading at $18.29. According to Reuters, CFC said "it is drawing…
Douglas A. McIntyre ADI started as Neutral at Credit Suisse.AMD started as Underperform at Credit Suisse.ANN raised to Outperform at Piper Jaffray.ARMHY started as Outperform at RBC.CECO raised to Outperform at Bear Stearns.CBL raised to…
Douglas A. McIntyre Add to the poison pet food, toothpaste, and ten million lead-laden toys a new and dangerous product out of China. Johnson & Johnson (JNJ) has found counterfeit versions of its OneTouch Test…
Douglas A. McIntyre According to The Inquirer, ABI Research has issued a report that US cable companies are heading for a crisis because they do not have the bandwidth or switching capacity to handle the…
From Silicon Alley Insider Everyone talks about advertising dollars shifting online, but when you’re fighting all day in the trenches it’s tough to get a handle on what this really means. Here’s…
Markets in Europe were off sharply at 6.25 AM New York time, with some down over 3%. The FTSE fell 2.6% to 5,951. British Air (BAB) was of 5% to 382.35. Vodafone…
Douglas A. McIntyre Moody’s (MCO) is already in a ton of trouble due to is rating on sub-prime debt and mortgage-backed securities. According to the FT, the European Union is opening an investigation because it…
Douglas A. McIntyre Hasbro (HAS) is making a big deal out of the fact that it will step up the amount of testing that it gives toys coming in from China. According to Reuters, the…
Kraft (KFT) may sell its Post cereals operation. The Wall Street Journal thinks the unit could be worth $3 billion. That really isn’t very much. The snacks and cereals division at the…
Douglas A. McIntyre According to Reuters, China Mobile’s (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force. Reuters reports that Hasbro (HAS) will increase inspection of products from…
Markets in Asia were down sharply. The Nikkei fell 2% to 16,148. Hitachi (HIT) fell 4.1% to 769. Honda (HMC) fell 3.6% to 3780. The Hang Seng fell 3.7% to 20.580. China…
Douglas A. McIntyre