WALL STREET PROFIT NEWS
Financial News and Editorial Source.
Microsoft offering to buying Yahoo has long been rumored and now has become a reality. At $31 per share the total is $44.6 billion, no small deal even for Microsoft. This would represent the biggest deal Microsoft has ever made. For a company that doesn't do big deals, this shows you how serious Microsoft is taking the threat from Google (GOOG). Google reported earnings after the close yesterday and is down almost 50-points or about 8%.
| Trend day in the indices ....again. Market Summary 08/08/2008 By Rajoo Sharma. More | |
| QQQQ: Pausing B4 the Next Leg Up. Market Summary 08/07/2008 By Rajoo Sharma. More | |
| WSProfit Bear Super-Cycle News. -UPDATED- A Litany of Bear News Bullets. More | |
| QQQQ: No Follow Through to Bearishness...Yet. Market Summary 08/05/2008 By Rajoo Sharma. More | |
| Looking for a resolution of the Bearish Triangle on the Qs. Market Summary 08/04/2008 By Rajoo Sharma. More | |
| Buffett sees signs recession getting worse - says inflation is a worry. Billionaire Warren Buffett has already said he thinks the U.S. economy is in a recession, and now he says the economy is getting worse. More | |
| Fed Leaves Rates Unchanged; Sees Greater Inflation Risk. Federal Reserve holds key interest rate at 2%, leaving it unchanged for the first time since last summer. More | |
| Royal Bank of Scotland (RBC) – issues a global stock and credit alert Royal Bank of Scotland (RBC) – issues a global stock and credit alert. More | |