Oct 02
Welcome to Deal Stocks. In the news Friday are CIT Group Inc. (NYSE:CIT), General Electric Co. (NYSE:GE), Comcast Corp. (NASDAQ:CMCSA), Cadbury plc (NYSE:CBY) and Kraft Foods Inc. (NYSE:KFT) and Kohlberg Kravis Roberts & Co. For more Deal Stocks, check out arbitrage charts in The Deal Pipeline (subscription required) and stocktwits . Wall Street looks poised to end the week on an ugly note, following Thursday's 200 point drop on the Dow. The picture turned bleaker Friday
Oct 01
T he third calendar quarter ends Wednesday, and earnings season — a loosely defined period during which many companies report financial results — starts in early to mid-October. Wall Street’s published forecasts suggest that operating earnings underlying the S&P 500, the index that represents most of America’s stock ticker market by value, will have fallen 9% from a year ago. That would be a sharp improvement from prior quarters; operating earnings fell 19% year-over-year in the second
Sep 26
Bob kept an eye on some stocks he had invested in and listened to much of the advice offered on the business channels. He had been successful most of the time. But there were times he kept some stocks too long and lost his shirt on them. But overall, he was still ahead. He invested for the long-haul and received some nice dividend checks each quarter. But there was one man who seemed to be more than lucky. He even had a show on a business cable network where he gave advice that was on th
Sep 25
China's Geely Automobile Holdings Ltd. was boosted by a HK$2.59 billion ($334.1 million) investment from a Goldman Sachs Group Inc. (NYSE:GS) buyout fund. And it looks like its parent, Geely Group Ltd., is closer to boosting its coffers with a play similar to Tata Motors Ltd. The Wall Street Journal, citing several people familiar with the matter, reports that it has emerged as the leading contender to acquire Ford Motor Co.'s (NYSE:F) Volvo AB unit for about $2.5 billion -- but it doesn't wan
Sep 17
Rupert Murdoch stated that the Wall Street Journal will begin to charge users to access the WSJ iPhone and BlackBerry content apps ($2/month for non-subscribers, $1 for subscribers.) He also told Goldman Sachs Communicopia attendees that the News Corp., NBCU, Walt Disney joint venture Hulu was looking into charging subscriptions to view TV content online. In a very small mention in a Wall Street Journal article about Ad Markets the following item was included: Separately, Mr. Murdo