logo
  Join        Login             Stock Quote

Media Digest for 5/2

 May 02, 2008 09:38 AM
 


According to Reuters, the CEO of Microsoft (MSFT) says that the company is close to its next move in its attempted takeover of Yahoo! (YHOO).

Reuters reports that Wal-Mart (WMT) will use the Wii Fit from Nintendo to boost Mother's Day sales.

Reuters writes that auto sales dropped 14% in April.

Reuters writes that Exxon (XOM) profits disappointed Wall St. despite the high price of oil.

Reuters writes that Craigslist has accused Ebay (EBAY) of hypocrisy in its suit against the classifieds company.

The Wall Street Journal writes that Microsoft (MSFT) will probably launch a hostile bid for Yahoo! (YHOO).

The Wall Street Journal reports that Sun (JAVA) swung to a loss and will cut about 2,000 jobs.

[Related -SPDR S&P 500 ETF Trust (SPY): Super Bowl Indicator - Denver Broncos V. Seattle Seahawks equals Bulls Win!]

The Wall Street Journal writes that investors have become skeptical about BHP Billiton's (BHP) bid for Rio TInto (RTP)

The Wall Street Journal reports that a deal for Google (GOOG) to handle Yahoo!'s search advertising may be close.

The Wall Street Journal writes that job cuts may not be as deep as those in past recessions.

The Wall Street Journal writes that sovereign funds are meeting with the IMF to set guidelines for their investments.

The Wall Street Journal writes that the push for plug-in cars could be hurt by utilities charging more for electricity.

The New York Times reports that big retailers are shutting stores and cutting back expansion.

[Related -Stocks Bounce On Strong GDP Report]

The FT reports that Apple (AAPL) set a big download deal with major movie studios

According to Bloomberg Warren Buffett may spend $40 billion on investments in companies while other investors are on the sidelines because of the credit crunch.

Bank of America may not back Countrywide Financial debt - Bloomberg
According to a regulatory filing filed on April 30, Bank of America (BAC) may not guarantee $38.1B of Countrywide's debt (CFC). Bank of America declined to comment any further beyond the filing.

Research in Motion cell phone photos creates a buzz - Globe and Mail
The Boy Genius tech blog posted photos of a slim cellphone from Research in Motion (RIMM) on the website yesterday. This may be a hint that the company is positioning itself to be a major player in the global cell phone market. The company also announced a contract with Brightpoint Inc. (CELL) which could potentially bring the Blackberry to more users in the Middle East, Africa, Latin America, and Europe.
This a positive for news for shares

DRYS initiated with an Outperform, target $110@FBCO
Credit Suisse is positive on DRYS's growth opportunity and is bullish on dry bulk rates into 2009.

FCX: Recommend accumulating on weakness@SBSH
Citigroup expects copper to be supported above $3.40/lb and aluminum above $1.20.


Next Page >>123
iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageChart Says This Retailer's Comeback Isn't Finished

One of the surprises, at least on the surface, of the market's recent swoon was the outperformance of read on...

article imageETF Performance Review: Major Asset Classes | 19 Dec 2014

It’s all about real estate investment trusts (REITs) these days when it comes to bullish performance among read on...

article imageOil and Global Stock Markets Rebounding Sharply

So far so good on our expectation of a 4 to 5% pullback and then a resumption of the bull read on...

article imageGrading the FOMC

Love its members or loathe them, you have to admire the gradual impact the policy-making committee has had read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.