Ed Liston

Quest Software Agrees to be Acquired by Dell (DELL, QSFT)

Jul 02 2012 @ 10:12
Following weeks of speculation, personal computer maker Dell Inc. (NASDAQ:DELL) today confirmed that it would acquire Quest Software Inc. (NASDAQ: QSFT).

Lincare Board Recommends Linde’s Takeover Bid to Shareholders (LNCR)

Jul 02 2012 @ 10:11
The Board of Director of Lincare Holdings Inc. (NASDAQ:LNCR), a provider of oxygen, respiratory and other chronic therapy services to patients in the home, has recommended its shareholders accept the takeover offer from Germany-based Linde AG.

Nike Q4 Profit Falls; Stock Tumbles (NKE)

Jun 29 2012 @ 13:05
Nike Inc. (NYSE:NKE) on Thursday reported disappointing fourth-quarter results, sending the company’s stock down sharply in early trading today. Nike reported an 8% drop in its fourth-quarter net income as high product costs, charges related to restructuring and an unexpected customs evaluation hurt the company’s bottom-line. NKE’s results fell short of consensus forecast, which is […]

News Corp. Board Approves Plan to Split (NWS)

Jun 29 2012 @ 13:04
News Corp. (NASDAQ:NWS) on Thursday approved the company’s plan to split into two separate publicly traded companies. Under the planned split, NWS will separate its publishing, and media and entertainment businesses into two separate companies. Rupert Murdoch will be the Chairman of both companies, and will serve as CEO of the media and entertainment unit. […]

Google Unveils Tablet (GOOG)

Jun 28 2012 @ 12:15
The tablet war just got interesting after search engine giant Google Inc. (NASDAQ:GOOG) unveiled its Nexus 7 tablet. GOOG introduced its tablet at its I/O developers conference in San Francisco. The tablet has been designed by the company and built by Taiwan-based Asus. The seven-inch tablet will be available for $199. With the Nexus 7, […]

Best Buy Founder Considering a Buyout (BBY)

Jun 28 2012 @ 12:14
Best Buy Co. (NYSE:BBY) founder Richard Schulze is considering a buyout of the struggling company. The Wall Street Journal, citing people with knowledge of the matter, reported that Schulze is working with a Wall Street bank to take the company private. Schulze, who resigned abruptly as Chairman and director of Best Buy earlier this month, […]

General Mills Profit Beats Estimate, But Outlook Disappoints (GIS)

Jun 27 2012 @ 09:51
General Mills Inc. (NYSE:GIS) today announced better-than-expected fourth-quarter profit, driven by double-digit sales growth. But, the Minneapolis, Minnesota-based company gave a disappointing outlook, sending the stock lower in pre-market trading. General Mills, which manufactures and markets consumer foods, reported fourth-quarter adjusted earnings of $403.8 million, or $0.60 per share, up...

Lennar Q2 Profit Rises (LEN)

Jun 27 2012 @ 09:50
Homebuilder Lennar Corporation (NYSE:LEN) reported an increase in its second-quarter profit, driven by strong sales and a tax-related gain. However, the company expects a slow and steady recovery in the housing market. U.S. housing market has shown some signs of improvement in the last few months. On Tuesday, latest housing market data showed that home […]

Coca-Cola to Increase Investment in India (KO)

Jun 26 2012 @ 10:33
Beverage company Coca-Cola Co. (NYSE:KO) today said that it plans to boost its investment in India by another $3 billion over the next eight years. Coca-Cola is increasing its investment in India as it looks to expand its operations in the country. The $3 billion investment comes on top of a $2 billion five-year investment […]

Pumping, Then Dumping Great Wall Builders (GWBU) ?

Jun 26 2012 @ 10:32
First some blockbuster news comes out, then the share price skyrockets, a few investors are hooked in, and finally the stock tumbles. A classic pump and dump scheme. One such classic pump and dump scheme seems to be Great Wall Builders Ltd. (OTC:GWBU), which claims to own a patent pending technology that can reduce vehicle […]
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