AT&T is teaming up with LG Electronics to produce a new mobile phone that emphasizes music services. Trax, as the phone is known, will use MobiTV and XM Radio so that users can stream live TV and get digital radio all on one device. The phone will access AT&T’s cellular video service which will have […]
Blackstone Group’s second quarter net income increased more than three fold to $774.4 million from $224.1 million in the second quarter of 2006. The company still reported a loss of 20 cents per share but keep in mind that only cover 12 days in the second quarter as the company went public at the end […]
Regardless of the market’s craziness these day’s, the VMware IPO is seen as one of the best IPO’s of the year. The VMware unit of EMC has the software that allows companies to run a single-server computer as if it were multiple machines. The IPO for VMware is slated to price on Monday and begin […]
The Fed was able to keep the overnight target rate at 5.25% after Friday when they stepped in three times and injected close to $40 billion of liquidity. But is a rate cut coming? Wall Street is really listening closely to the messages that Mr. Bernanke sends out. Was it the $38 billion injection that saved the market Friday or was […]
There really is no question about the strength of the flash memory market. Flash is the fastest growing of all the semiconductor markets. The CEO of SanDisk, Dr. Harari was quoted as saying “Flash is everywhere you look.”
Cramer has been saying for quite some time now that we should be looking for SanDisk (SNDK) to take off […]
When looking to start a position in a company, one of the main things people want to know is are they buying the stock when it is cheap. First off, cheap is not good, under valued or “beaten up” is better. Cheap stocks in bad companies are expensive. A person still wants to be looking […]
