Goldman Sachs unveiled the latest shifts to its Technology Framework
Goldman made two changes on the list today.
Starent (STAR) was added to the top growth idea list, replacing Oracle (ORCL), which still remains Buy rated. Goldman notes that “channel checks suggest that Starent’s business is tracking well with Verizon and Sprint.” The company provides multimedia infrastructure […]
LoopNet, Inc. (LOOP), which operates the largest online commercial real estate marketplace, has been named “Company of the Year” for 2006 by the Entrepreneurs Foundation. The San Francisco Bay Area organization, was also mentioned for its outstanding commitment to community involvement. LoopNet is headquartered in San Francisco with additional office locations in Los Angeles and […]
Master investor Warren Buffett may be considering buying a minority stake in the nation’s fifth-largest investment bank, according to a New York Times report.The newspaper reported on its Web site Wednesday that Bear Stearns Cos. had been talking with Buffett and several other possible investors, including Bank of America Corp., Wachovia Corp. and two Chinese […]
The rumor is back in full force today that Microsoft is trying to decide between investing $10 billion on Facebook or buying Yahoo! The New York Post, which back in May created quite a buzz with a story asserting that Microsoft (MSFT) was in talks to buy Yahoo (YHOO). The post says that “Microsoft has been […]
Goldman Sachs Group Inc.’s private equity unit and Kohlberg Kravis Roberts & Co. backed out of the Harman deal. Goldman told the company they are under no obligation to complete the merger because “a material adverse change” in its business had occurred.Harman, whose audio equipment brands include Infinity, JBL and Harman Kardon, said it disagreed, […]
NYSE Euronext has been up big this week. The stock was up as much as 5% today as the NYSE entered into an agreement with Gerald Putnam, the former vice chairman of NYSE Group, which is a subsidiary of NYSE Euronext. The agreement states that starting Sept. 10, Putnam is no longer considered an employee of the […]
