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Yahoo (YHOO) Alibaba Dispute on Alipay, is it legal and 100% transparent?
Saturday, May 14, 2011 - 2:10pm | 1362Yahoo! Inc (YHOO) prized investment in Chinese Internet company Alibaba Group Holding Ltd has turned into a stock market millstone. Alibaba's recently disclosed spinoff of an online-payment unit called Alipay is raising worries about the value of Yahoo's 43 percent stake in Alibaba. Alibaba Group...
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Most Popular Stocks Right Now on 5/14/11- RMBS, HCEI, LPHI, DDS, BOCL, FXE, CYCC, EPB, ATEA
Saturday, May 14, 2011 - 12:32pm | 1052Rambus Inc. (RMBS), a premier technology licensing company, is trading at a price of $15.83, a dramatic change of -17.85%. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.70B HEALTHY COFFEE INTL (HCEI) is trading at a price of $...
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Goldman Sachs Maintains Neutral on GameStop (GME)
Friday, May 13, 2011 - 9:08am | 109Goldman Sachs is out with its report today on GameStop (NYSE: GME), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We make no changes to our industry forecast or price target given the noise around the Easter shift and the fact that April is one of the smallest months of the...
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Best Buy Rises 4%, May Sell Electric Vehicles (BBY)
Thursday, May 12, 2011 - 3:49pm | 68Shares of beaten down electronics retailer Best Buy (NYSE: BBY) are getting a boost on Thursday after a report indicated that the company is considering selling electronic cars at as many as 1,000 of its retail locations. The stock is currently up 4.37% to $31.76. Volume has been on the light...
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hhgregg Signs Agreement with Pegasus Transportation
Thursday, May 12, 2011 - 9:30am | 52hhgregg (NYSE: HGG) today announced that it has signed a new agreement with Pegasus Transportation, a group transportation service with offices in Orlando and Miami. The new transportation package, being offered to Brazilian groups, includes stops at hhgregg, The Florida Mall and Sports Authority.
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How State Sales Tax Collections Could Hurt Online Shopping (BBY, AMZN)
Thursday, May 12, 2011 - 6:30am | 405Online shopping could soon become more expensive for select American consumers if Best Buy (NYSE: BBY) has its way. The retailer, among others, has openly expressed its resentment at online companies like Amazon (NASDAQ: AMZN) for not collecting sales tax in states where it does not have a...
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Mad Money Lightning Round: Cramer Dislikes Raytheon, Renren (RENN, RBCN, CREE, OMN, LYB, RTN, BBY, AMZN)
Tuesday, May 10, 2011 - 1:52am | 259On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Renren (NYSE: RENN) is “just too expensive. I said buy it for a flip, and now you've got to go go go. I just don't see any value in these Chinese stocks. They're too expensive." He believes that Rubicon Technologies (NASDAQ:...
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Retail Earnings: A Sneak Peek (KSS, JWN, WMT, TGT, HD)
Monday, May 9, 2011 - 8:50am | 631The earnings season is beginning to wind down for another quarter. That can only mean that it is time for some of our favorite shopping mall and strip mall retailers to step into the earnings spotlight. Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) start things off later this week when they report...
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Systemax Accepts Resignation of Gilbert Fiorentino and Executes Agreement for Fiorentino to Surrender $11 Million (SYX)
Monday, May 9, 2011 - 7:15am | 217Systemax (NYSE: SYX) reported that it has accepted the resignation of Gilbert Fiorentino, Chief Executive, Technology Products Group and Director, effective immediately. His resignation follows the Company placing him on administrative leave on April 18, 2011 while considering his termination....
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Secrets of Elite Funds - Brief Intro
Sunday, May 8, 2011 - 8:36pm | 1120What a beautiful day it was in Montreal. Absolutely perfect weather to celebrate Mother's Day. I wish all the moms out there a Happy Mother's Day, especially my mother who I love a lot. The only problem is that I was out all day enjoying this weather and I'm tired as I hit the gym early today....
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On This Day – 5 Stocks For Spiderman
Thursday, May 5, 2011 - 10:47am | 475On May 5, 2002, Sam Raimi's Spider Man movie became the first film to top $100 million in the opening weekend. Since then, there have been two sequels, both of which broke that record set by the first movie, with a new movie in production. With that in mind, we looked at five stocks that would make...
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May the Fourth Be With You
Wednesday, May 4, 2011 - 3:13pm | 364May Fourth is well-known in nerd circles as the day when mother's basement is filled with bespeckled boys of all ages, donning makeshift light sabers and Jedi robes, all in celebration of a movie phenomenon older than most in the room. That's right, readers -- it's Star Wars Day! Virgins of the...
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Yahoo, Best Buy Rise On Einhorn Stake (BBY, YHOO)
Monday, May 2, 2011 - 11:20am | 97Shares of both Yahoo (NASDAQ: YHOO) and Best Buy (NYSE: BBY) are on the rise on Monday after reports that David Einhorn's Greenlight Capital has taken a stake in the companies. The new positions were first reported in an article at Market Folly. According to the piece, Einhorn bought into Best Buy...
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Top Performing Industries For May 2 (NFLX, WYNN, FRX, RSH)
Monday, May 2, 2011 - 10:30am | 202At 10:25 am, the Dow rose 0.45% to 12,868.63, the broader Standard & Poor's 500 index moved up 0.44% to 1,369.67 and the NASDAQ composite index gained 0.37% to 2,884.13. The industries that are driving the market today are: Music & Video Stores: This industry jumped 1.94% by 10:25 am. The...
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CONN'S Up Nearly 9% (CONN)
Friday, April 29, 2011 - 11:43am | 52CONN'S, Inc. (NASDAQ: CONN) shares are jumping today, gaining 52 cents to $6.39, a gain of 8.8% on heavy volume. Conns, Inc. operates as a specialty retailer of home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses, and furniture in the United States.