BEAS
Oracle Corp. (NASDAQ: ORCL) is being reinstated as a "Buy" rating in new coverage this morning at Goldman Sachs. The firm notes that with macroeconomic concerns being front and...
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Billionaire activist investor and financier Carl Icahn has released the total holdings in an SEC filing for the period end December 31, 2007 for ICAHN CAPITAL, LP. As Carl Icahn and his friends...
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A funny thing happened on the way to the tech collapse. It didn’t happen. The market may not have liked Intel’s (INTC) results, but for a company its size, it still posted impressive...
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After essentially a near-decade of rumors, bids, rejections, and infighting, BEA Systems (NASDAQ: BEAS) is finally being acquired. The company has capitulated and Larry Ellison’s empire...
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After today’s close, we will get to see the highly expected earnings report out of Oracle (NASDAQ: ORCL). First Call has estimates at $0.27 EPS on revenues of $5.04 Billion. The...
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Nasdaq released short interest in stocks listed on the exchange for the period ending November 15 compared to the numbers on October 31. Short sellers made substantial bets that some financial and...
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According to Reuters, the pace of capital spending in China rose quickly, making a rate increase likely. Reuters writes that an investigation into the finances of Fannie Mae (FNM) is likely after...
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The management and board of BEA Systems (BEAS) are boobs of the first order. Oracle (ORCL) offered $17 a share for the company when it was trading below $14. The BEAS shares had not been at $17 since...
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According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for...
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Below is some of the top news pre-market: Applied Materials (AMAT) reports earnings after close; estimates are $0.29 EPS & R$2.38B. BEA Systems (BEAS) said it expects to submit SEC filings...
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According to Reuters, Alan Greenspan say that the demand for subprime mortage securities is down. Reuters writes that the UAW is gearing up for tough talks with Ford (F). The Wall Street Journal...
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Oracle (ORCL) dropped its $17-a-share bid for BEA Systems (BEAS) when a deadling set by the larger company passed. "BEA shareholders should not assume that Oracle will renew its $17 per share...
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According to Reuters, Oracle (ORCL) has withdrawn its bid for BEA Systems (BEAS). Reuters writes that profits at Toahiba rose 38%. Reuters reports that Chrysler workers have approved the UAW contract...
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Carl Icahn has decided to try seizing the day at BEA Systems (NASDAQ:BEAS) by keeping management from killing the buyout and shooting shareholders in the feet. While he did agree initially that...
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(BEAS) BEA Systems trading down almost 4% ahead of Oracle rejected BEA Systems’ $21 indication.(CFC) Countrywide -$2.85 EPS vs -$1.28 est., but shares indicated up over 10% on writedowns.(COLM)...
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