DVD sales from ”Shrek the Third” combined with box office sales from “Bee Movie” helped Dreamworks (DWA) post a 69% increase in profits this quarter. Wonder what’s next?
Dreamworks has upcoming projects including “How to Train Your Dragon” and “Monsters vs. Aliens.” And for those of you who thought Shrek was finished, think again! Shrek: The Musical hits Broadway this fall.
I […]
Shares of the pharmaceutical giant, Merck, plunged 10% today on news that the FDA has rejected the company’s new cholesterol drug, Cordaptive.
The company’s stock has been battered in recent months, dropping about 36% since December.
The Cordaptive snub has deepened Merck’s recent decline but, this is no death sentence.
Prognosis: Bruised but not broken…shout out to Joss Stone for a great […]
CNN recently found that 74% of Americans think the economy is in a recession. But, according to the technical definition of a recession, this is impossible. How can this be???
One widely accepted definition of a recession includes the observation of two quarters of declining growth (as measured by GDP). But, when it comes to a word […]
Kirk Kerkorian, billionaire investor extraordinaire, has offered to purchase 20 million shares of Ford Motor Co.
Is it me or does this guy have a potentially unhealthy obsession with American automobile manufacturers? ;)
The proposed transaction will give the investor his long desired 5% stake in the firm.
Needless to say, Kerkorian’s offer gave the stock a much needed boost! Shares are […]
The Fed’s next rate decision will be announced on Wednesday, but is another cut really necessary? Most economists are projecting a cut of 25 basis points but, that’s not such a sure thing.
The Fed has cut rates by 300 points since September. Go Speed Racer go! This is the fastest drop (percentage wise) ever and now […]
Microsoft announced today that their first quarter revenues were pretty flat and profits fell. Definitely not a good look! The company’s very public and controversial courting of Yahoo certainly isn’t helping the situation. Hmmm… “courting” implies consent and this is anything BUT consensual!
Share This
Yahoo Inc. announced first-quarter sales and profits today that surprised investors. The search giant posted net income of $542 million, or 37 cents per share. That income includes gains from an investment in Chinese Internet stock Alibaba.com.
Yahoo predicted more good news: second-quarter revenue of $1.73 to $1.93 billion.
It’s not certain what this […]
That’s what some economists are saying…
The Dow Theory is signaling that the primary trend of the market which has been down for months is pointing up again. The Dow Theory turns bullish when the DJIA and DJTA move together.
“The message,” says Richard Moroney, editor of Dow Theory Forecasts newsletter, “is stocks are headed higher. […]
Investors ended the week upbeat after learning that earnings are meeting or beating expectations on the Street.
Citigroup reported huge losses as expected - but the losses totaled $5.1 billion only half of the $10 billion reported the preceding quarter.
Google also helped swing moods by reporting earnings and revenue in excess of predictions.
What did […]
Everyone is really nervous right now about the stock market. And Baby Boomers are particularly nervous, because they have a lot of money in the market and they are concerned about losing their retirement funds at a point where they won’t be able to generate income to replace it. And we all know […]
Where talk is money.
Written by Tisa Silver [email] for b5media.
Accounting Solver
Behind The Buzz
Biz Chicks Rule
Biz Levity
Boss Hatch
Brandcurve
Business & Blogging
Buzz Networker
Common Sense PR
Contract Worker
Copyblogger
Daily Blender
Digital Money World
Doing Biz Abroad
Everyday Networker
Franchise Pick
Greener Assets
Home Biz Notes
Interview Chatter
Just Make Money Online
Leadership Turn
LifeDev
My Organized Biz
One Vote Matters
Pimp Your Work
Project Management 411
Property Crossroads
Second Life Pros
Slacker Manager
Small Business Boomers
Startup Spark
Successful Blog
Talk Stock Trading
Taxgirl
The 501(c) Files
The Golden Pencil
Work Boxers
Yielding Wealth
Recent Comments