IAC/InterActive Plans to Enter China
November 24th, 2007IAC/InterActiveCorp (IACI) plans to spend $100 million on a new Internet business in China and will bring its search engine, Ask.com, to the fast-moving market as well. >> WSJ
E-Trade shares spike on takeover talk
November 24th, 2007E-Trade Financial Corp (ETFC). shares spiked 25 percent Friday on continued speculation the struggling online brokerage might negotiate a takeover by chief rivals TD Ameritrade Holding Corp. or Charles Schwab Corp.
The Dow’s 3-Day Loss Is the Worst in 5 Years; Tech Shares Succumb
November 11th, 2007“This sometimes happens with tech at this time of year because it’s the first time that many tech companies give their annual guidance for the next year,” said Mark McKechnie, an analyst at American Technology Research in San Francisco. He notes that many other tech companies two weeks earlier reported strong earnings and a positive outlook, including bellwethers such as Apple, Google, Intel Corp. and Microsoft Corp. >> Source : Wall Street Journal
Visa Hopes to Raise $10 Billion in IPO
November 11th, 2007This will be a good IPO to get into when it comes to the market.
”MasterCard Inc., Visa’s next largest rival, went public 18 months ago, raising $2.4 billion in the 17th largest IPO in U.S history, according to Renaissance Capital. MasterCard’s shares have climbed by nearly fivefold from their IPO price of $39, closing Friday at $193.” Resource.
Chinese Tech Companies on the Radar
November 7th, 2007Thursday Earnings
November 6th, 2007Cablevision Systems Corp. (CVC)
Charter Communications Inc. (CHTR)
Clear Channel Communications (CCU)
Dynegy Inc. (DYN)
Ford Motor Co. (F)
Lee Enterprises Inc. (LEE)
Liberty Global Inc. (LBTYA)
Marsh & McLennan Cos. (MMC)
Qualcomm Inc. (QCOM)
Toll Brothers Inc. (TOL)
Walt Disney Co. (DIS)
Wednesday Earnings
November 6th, 2007American International Group Inc. (AIG)
Cisco Systems Inc. (CSCO)
DirecTV Group Inc. (DTV)
General Motors Corp. (GM)
Harrah’s Entertainment Inc. (HET)
News Corp. (NWSA)
Sara Lee Corp. (SLE)
Time Warner Inc. (TWX)
Cisco Systems, Inc. (CSCO)
November 6th, 2007Cisco Systems earnings are scheduled for tomorrow at 4:30 PM (EST) time. Also it hit a new 52-week high today, and the chart looks very impressive:
