After coming under extreme pressure from billionaire investor Carl Icahn, Motorola has decided that the handset business will operate separately from another company that will encompass its home and networks business which sells TV set-top boxes and modems, and its enterprise mobility solutions, which sells computing and communications equipment to businesses. We will see […]
In a press release the Justice Department said, “After a careful and thorough review of the proposed transaction, [the department’s antitrust division] concluded that the evidence does not demonstrate that the proposed merger of XM and Sirius is likely to substantially lessen competition, and that the transaction therefore is not likely to harm consumers.”
Cramer noted […]
Okay, financials may be bottoming (maybe?)….who cares…steer clear. What about other names that have good fundamentals and that have been beaten up (but have huge potential upside). What about names like: Foster Wheeler, EMC, Discovery Holdings, BP….what about these, anyone?
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Cramer has gone on the record as saying, “defense stocks are as strong as ever and as cheap as ever” If John McCain makes it to the White House he believes you want to be in the defensive stocks. Cramer’s list includes:
Lockheed Martin (LMT), Northrup Grumman (NOC), General Dynamics (GD), L-3 Communications (LLL) and […]
Since everything she touches turns to gold, it is no wonder why Oprah has Cramer’s vote. Oprah has joined forces with Discovery Holdings (The Discovery Channel) to launch her own network. With DISCA trading 7% lower than when Cramer first backed it…looks like a good time to back up the truck on a […]
Yahoo extended the deadline for nominating candidates to its board fearing that Microsoft would nominate its own member to the board in an attempt to push the deal through. Yahoo had given itself more time to search for a white knight to help it fight off an unwanted takeover bid from Microsoft. There […]
