Fabrics and craft retailer Jo-Ann Stores Inc. (NYSE: JAS) has agreed to accept a buyout offer of $61.00 share from private equity firm Leonard Green & Partners that values the retailer at about...
A review of the proxy sent by J Crew Group (NYSE: JCG) to its shareholders shows that CEO Mickey Drexler withheld from his board important information about the early stages of negotiations to sell...
Reuters: Obama’s deal with Congress will extend Bush tax cuts for two years.Reuters:  The US will sell its remaining shares in Citigroup (NYSE: C) and will make a $12 billion profit.Reuters:...
Reuters: SAP will pay Oracle (NASDAQ: ORCL) $1.3 billion for copyright infringement.Reuters: The  FBI sent warnings to a number of more hedge funds.Reuters: The euro fell to two month lows on...
Twitter  has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
Updated throughout the day.J Crew Group (NYSE: JCG) may be bought by private equity interests for $2.8 billion (NYT)Private equity firm Carlyle will buy Patni Computer for $1 billion (Reuters)Former...
Retail and apparel mergers are still alive and well for good brands.  J. Crew Group, Inc. (NYSE: JCG) is reportedly close to being acquired in a private equity buyout led by TPG Capital and Leonard...
Hewlett-Packard (NYSE: HPQ) raised its earnings outlook for 2011.  (Reuters)J Crew Group (NYSE: JCG) is close to a $2.8 billion takeover by private equity interests. (Reuters)Oil fell to near $81 on...
Some of the top earnings next week are Campbell Soup Co. (NYSE: CPB), Medtronic, Inc. (NYSE: MDT), Trina Solar Ltd. (NYSE: TSL), TiVo Inc. (NASDAQ: TIVO), American Eagle Outfitters, Inc. (NYSE: AEO),...
Earnings season has mostly wound down, but as always at least some major companies are reporting earnings.  Some are actually market-movers as well and it is a short week with earnings out only...
These are this morning’s top pre-market analyst upgrades, downgrades and initiations from Wall Street early this Friday: Barrick Gold (ABX) Started as Hold at Jefferies. Becton Dickinson (BDX)...
These are some of the top upgrades and positive research calls we have seen from Wall Street analysts this Friday morning: BB&T (BBT) Raised to Market Perform at KBW. Expeditors International (EXPD)...
These are some of the top pre-market downgrades we are seeing this Monday morning with more than two hours to the open: Allstate (ALL) Cut to Sell from Hold at S&P Equity Research Diamond Offshore...
J Crew Group (JCG) Analyst downgrade. Drops to $24.86 from 52-week high of $52.44.Cameco Corporation (CCJ) Bad profits. Down to $27.56 from 52-week high of $52.33Fannie Mae (FNM) Ongoing concerns...
Does it seem odd that oil prices have continued to fall despite a fairly rapid tropical storm in the Gulf of Mexico developed over the weekend, while a Valero plant had a minimal outage because of a...