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Should IBM Or Hewlett-Packard Acquire Rackspace?
Wednesday, May 21, 2014 - 10:13am | 389Read More...Rackspace (NYSE: RAX) became an intriguing tech stock after the company announced that it had hired Morgan Stanley to evaluate its strategic alternatives. No one knows if a merger will actually occur. And if it does, the buyer is still a question mark, as there are many possible suitors. Ivan...
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Analysts Upgrade, Downgrade And Retain Ratings On DirecTV
Tuesday, May 20, 2014 - 10:58am | 289Read More...After the announcement of the $49 billion acquisition of DirecTV (NASDAQ: DTV) by AT&T (NYSE: T) analysts from Nomura, Pivotal and the Buckingham Research Group have all had different views and ratings on DirecTV. With the acquisition still needing to receive approval from US and foreign...
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AT&T And DirecTV Merger Is 'Bad For All Consumers'
Tuesday, May 20, 2014 - 10:30am | 613Read More...AT&T (NYSE: T) plans to purchase DirecTV (NASDAQ: DTV) for $48.5 billion. In a press release, both companies brag that it will create a "content distribution leader" across mobile, video and broadband. AT&T Chairman and CEO Randall Stephenson referred to the merger as a "unique...
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#PreMarket Primer: Tuesday, May 20: Credit Suisse Pleads Guilty; Will Pay $2.6 Billion In Fines
Tuesday, May 20, 2014 - 7:08am | 1200Read More...Credit Suisse pleaded guilty in its criminal tax case on Monday and admitted its part in helping wealthy clients evade taxes. The firm will pay $2.6 billion worth of fines for failing to comply with tax laws by helping its customers open offshore accounts and destroying account records that...
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#PreMarket Primer: Monday, May 19: DirecTV Rises On Offer From AT&T; AstraZeneca Rejects Pfizer Bid
Monday, May 19, 2014 - 7:04am | 1137Read More...AT&T Inc. announced a deal to acquire DirecTV for $49 billion over the weekend, as the firm attempts to adapt to a quickly changing media landscape. Both businesses’ boards approved the agreement on Sunday, creating a company with 26 million pay-TV subscribers. The deal comes shortly after...
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#PreMarket Primer: Thursday, May 15: Eurozone GDP Highlights Uneven Recovery
Thursday, May 15, 2014 - 6:43am | 1151Read More...Eurozone first quarter GDP figures came in with mixed performances across the region. Germany, the bloc’s largest economy, saw an 0.8 percent rise in gross domestic product. The data marked the nation’s fastest expansion since 2011. By contrast, the eurozone’s second largest economy, France,...
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Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536Read More...U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...
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Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460Read More...U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...
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$50 Billion AT&T DirecTV Merger Reportedly Two Weeks Away
Tuesday, May 13, 2014 - 10:35am | 668Read More...As if Federal regulators didn’t have enough to mull over with Comcast's (NASDAQ: CMCSA) proposed acquisition of Time Warner Cable (NYSE: TWC), now comes word that AT&T (NYSE: T) is close to “sealing the deal” on a takeover of DirecTV (NASDAQ: DTV). The AT&T/DirecTV merger would...
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7 Stocks For Your Retirement Portfolio
Tuesday, May 13, 2014 - 9:26am | 631Read More...A lot has been written about retirement portfolios before you retire, but what about when you’re either already retired or close to it? What should that portfolio look like? In most cases, the word would be, “safe.” You’re past the days of taking big risks trying to accumulate wealth—now your...
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#PreMarket Primer: Tuesday, May 13: Moscow Gives No Response To Donetsk's Request To Join Russia
Tuesday, May 13, 2014 - 7:03am | 1195Read More...Following a referendum on secession over the weekend, pro-Russian separatists in Ukraine formally asked to become a part of Russia on Monday. Ukraine’s Donetsk region, where much of the conflict has been centered, made a plea to the Kremlin which was reminiscent of the situation in Crimea...
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FCC Chairman Set To Revise Proposed Net Neutrality Rules
Monday, May 12, 2014 - 12:30pm | 667Read More...Federal Communications Commission Chairman Tom Wheeler had a change of heart, according to The Wall Street Journal. Prodded by complaints directly and in the media, Wheeler was set to release revised proposed rules regarding regulation of broadband Internet that would prevent companies from...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905Read More...U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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AT&T Said To Be Considering Acquisition Of DirecTV
Thursday, May 1, 2014 - 2:23pm | 701Read More...AT&T (NYSE: T) was in the process of considering a move to acquire satellite provider DirecTV (NASDAQ: DTV), according to sources who spoke with the Wall Street Journal Thursday. The deal would likely be worth $40 billion, DirecTV’s current market capitalization. The combination of AT&T...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331Read More...U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
















