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In the ongoing battle for control of Lions Gate Entertainment Corp.(NYSE:LGF), the board of the company unanimously rejected the $7 a share offer from Carl Icahn for the company, and has pressed shareholders to reject the offer as well. Icahn, who owns 19 per...
Stocks (Apr 21st, 10)
Another disastrous quarter and news the company will sell about $1 billion in notes and stock has MGIC Investment Corp. (NYSE:MTG) under immense pressure, as they continue on the path of losses for the 11th quarter in a row. First-quarter losses were $150.1 m...
Real Estate Market (Apr 20th, 10)
Regions Financial Corp. (NYSE:RF) got clobbered again in the fourth quarter, as losses continue to mount for the fourth quarter in a row, losing $255 million in the first quarter. Last year in the same quarter the company generated $26 million in earnings. Th...
Banking (Apr 20th, 10)
Word is out that Arriva PLC (LSE:ARI) is in talks to be acquired by Deutsche Bahn for a reported $2.5 billion, according to a statement released on the Arriva web site. Arriva is an operator of bus and rail based in the U.K. Operatons of the transport service...
United Kingdom (Apr 19th, 10)
Commodity prices have eased as the U.S. dollar has strengthened today, as ongoing concerns over the debt of the United States and Europe has investors migrating to the U.S. dollar. Some have attempted to throw this off as concerns over Goldman Sachs (NYSE:GS)...
Commodities (Apr 19th, 10)
Arizona has many homes that are upside down on their mortgages (that is, the homeowner owes more than the value of the property) and some, perhaps a lot, of these properties will wind up in foreclosure. So what happens when the lender forecloses and sells the ...
Real Estate (Apr 19th, 10)
There seems to be the political push and will in Britain to have a stock exchange again in Scotland, as it's part of the 'Liberal Democrat manifesto,' put forward by the British political party. Although most of the former stock exchanges in Britain had long ...
United Kingdom (Apr 18th, 10)
Robert Mugabe has been one of the worst leaders on the world stage over the last decades, and his plan for forcibly allow blacks in Zimbabwe to completely take over control of all businesses in the country is a disaster, and he reiterates he's ready to impose ...
Business (Apr 18th, 10)
Viacom (NYSE:VIA) CEO Philippe Dauman and Executive Chairman Sumner Redstone enjoyed major increases in compensation for 2009, with Dauman's pay surging by 22 percent. With the renewal of the contract for Dauman this year, it is expected his pay will rise aga...
Business (Apr 17th, 10)
While the volcano in Iceland is affecting airline flights across the world, Europe and Britain are bearing the brunt of it, as over 77 percent of flights in Europe have been cancelled, especially those scheduled in the central and northern nations of the regio...
Transport (Apr 17th, 10)
Saying they would rather keep the existing agreement with WestJet (TSE:WJA) in place, Southwest Airlines (NYSE:LUV) terminated their travel agreement with the Canadian airline rather than agree to new terms presented by the company. Southwest Executive Vice P...
Airlines (Apr 16th, 10)
Most have heard that Goldman Sachs (NYSE:GS) was charged with fraud today by the SEC, so we won't get into all that, as you can read about that anywhere, what is far more important to me is the market response to it, which seems to imply investors are on edge ...
Investing (Apr 16th, 10)
A couple of weeks after revealing annual results which were far below even the low expectations of investors and analysts, Sigma Pharmaceuticals Ltd. Chief Executive Elmo de Alwis announced today that he has resigned from his CEO position. Although having off...
Australia (Apr 15th, 10)
Canadian telecommunications companies like Rogers Communications (TSE:RCI.B), along with competitors BCE Inc. (TSE:BCE) and Telus (TSE:T) Corp., say that changing the rules of foreign ownership of telephone companies without including the cable tv industry mak...
Telecommunications (Apr 15th, 10)
Of all the economic problems Britain is facing, the one they have direct control over: taxes, is one they're evidently unwilling to take significant measures on as far as lowering them. Evidently something that simple isn't in the works, and it's increasingly ...
United Kingdom (Apr 14th, 10)
Regulators from the SEC are pushing for traders regularly moving in and out of the market to be required to reveal who they are in order to see how their fast and frequent trades are affecting the equities markets. The Securities and Exchange Commission made ...
Stocks (Apr 14th, 10)
With the fundamentals of copper not improving, and most of the 20-month high prices reflecting the interest of copper investors rather than copper demand, it could be that copper is ready for a correction as investors gravitate away from the metal to other sec...
Commodities (Apr 13th, 10)
Peter Schiff has been sounding the warning for some time on the inevitable bubble that the U.S. government is becoming, and once that bubble bursts, according to Schiff, there's nowhere else to go but to experience what he calls a "financial hangover." The mo...
Business (Apr 13th, 10)
he latest entries by Microsoft (NASDAQ:MSFT) in the mobile phone market is called 'Kin,' developed to target the youth market which Microsoft claims has been under-served in the sector. Microsoft targets the connection drive of younger consumers by focusing l...
Technology (Apr 12th, 10)
In a headline of 'GOOGLE FRANKENSTEIN,' the Drudge Report noted that Google "CEO and Obama political activist Eric Schmidt" said this weekend that via technology used at the company he will help users decide what news they will watch. Citing Politico, Drudge ...
Technology (Apr 12th, 10)
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