Do we need another public casino chain?  It must be that we do not.  Harrah’s Entertainment Inc. has dropped its plan to come public “due to market conditions.”  The private equity-owned...
Medtronic (MDT) has decided to get into the stent business, making the little mesh tubes that keep arteries open. It is a perverse selection because Boston Scientific (BSX) and Johnson & Johnson...
“Beware the ides of March” — these famous words are spoken twice in Shakespeare’s play “Julius Caesar,” warning the titular character of his assassination. The event,...
Apollo Global Management announced Tuesday morning that it has reached an agreement to acquire home security company ADT in an all-cash transaction valued at approximately $15 billion.
Medical devices was supposed to be recession-proof, or at least was supposed to be recession-resistant.  But we have seen over and over how this notion has not been the case.  Medtronic Inc. (NYSE:...
Google will invest $450 million in home and small business security firm ADT which will begin offering Google Nest products later this year.
Source: ThinkstockInternational Game Technology (NYSE: IGT) had a dubious title for a press release. It was named “IGT Re-Aligns to Position for Long-Term Earnings Growth.” The company should ask...
Clients pay good money for this? 
Oil prices have come down toward $90 over the last two weeks. There is some indication that US supply is better than thought. There are rumors that OPEC will increase production. Hugo Chavez has not...
Spare me the unit sales estimates, which mix apples with exercise bands.
Yahoo!’s (YHOO-NASDAQ) Head of Technology and Chief Technology Officer, Farzad Nazem, is leaving the company effective June 8, 2007.  The filing says he will "continue to provide...
ITT Educational Services was absolutely clobbered on Monday. Things have been bad for years in the for-profit secondary education market, and now we have a whole set of fresh concerns to worry about.
The Consumer Financial Protection Bureau filed a lawsuit on Wednesday alleging that ITT Educational Services, the for-profit college chain, engages in "predatory student lending." On Thursday the...
Plus, embattled COP28 chief hires PR gloss to offset oil controversy.
Heat waves swung through Phoenix the week and pushed temperatures as high as 110 degrees Fahrenheit. In New Delhi, India, the temperature rose close to 120 but was pushed down fairly quickly by...