Ford's Alan Mulally: Auto Industry Stable, GDP To Grow 2-2.5%

In an interview to appear on FOX Business Network’s (FBN) Countdown to the Closing Bell (3 PM/ET), Ford Motor Company (NYSE:F) President and Chief Executive Officer Alan Mulally speaks with anchor Liz Claman about the auto industry in regards to the economy. Mulally states that “we really do believe” the [...]

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Nortel Bankruptcy: $9 Billion Still In Limbo

Bondholders are fighting against retirees and former employees of Nortel Networks Corporation (PINK:NRTLQ), once the largest telecommunication equipment company in North America, over some $9 billion in cash. The squabble, which came after the telecommunications company sold off most of its assets, could be one of the world’s most [...]

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Lifeway Foods: Does The Growth Justify The Frothy Valuation?

Lifeway Foods, Inc: Company Introduction: Lifeway Foods, Inc. (NASDAQ:LWAY), was founded in 1986 and is headquartered in Morton Grove, Illionis. The Company, together with its subsidiaries, engages in the production and sale of probiotic, cultured, and functional dairy and non-dairy health food products in the United States. The Company's products include [...]

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Alibaba CEO Jack Ma Steps Down Before A Speculated IPO

Alibaba Group Holding Limited announced today that its founder, Jack Ma, will step down as chief executive on May 10, hinting speculations that the company is preparing for an initial public offering. Jack Ma, one of China's best known corporate leaders, will continue to act as the executive chairman in [...]

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HMV Group Makes Last Ditch Effort To Secure Financing

HMV Group plc (LON:HMV), the UK-based music and DVD retailer, has called in the administrators after a final attempt to secure funding failed. The retailer is closing its doors after 91 years in service. The retail firm’s managers have begun working with administrators Deloitte – who will keep HMV’s 239 stores throughout [...]

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Why Salesforce.com Might Not Be A Good Short (Yet)

Salesforce.com, inc. (NYSE:CRM) to equity guys isn’t quite what the Yen has been to macro guys, i.e. the “widowmaker”, but it might be getting there.  It’s a stock and business that many people love to dislike, and always think a crash is imminent. Yet it’s continued to ‘climb the wall [...]

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Credit Suisse Ex-Trader Could Be Extradited On Fraud Charge

A Credit Suisse Group AG (NYSE:CS) ex-trader, currently resident in the United Kingdom, has had his extradition to the United States approved by a British court. The banker has been charged with fraud, relating to mortgage backed securities trades during the financial crisis. Kareem Serageldin, who was formerly the head [...]

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EV/ EBITDA Versus P/B: Pros And Cons Of Both Valuation Metrics

EV/EBITDA (Enterprise value/Earnings before interest, taxes, depreciation and amortization) is one several measures used to determine a company’s real value. The greatest advantage of using this valuation is that it can be utilized to directly compare corporations in the same industry with varying debt levels. This can be a [...]

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Chesapeake And SandRidge: Caveat Emptor

Chesapeake Energy Corporation (NYSE:CHK) has been through its rough patch, or so it would seem. The company's mid-2012 stock collapse, owing to allegations of corporate malfeasance and financial shenanigans, is far behind it, and the firm's stock price has idled around the $17 mark since November. The firm cannot, however, [...]

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Solar Trust of America: A Look At The Company In Chapter 11

The year 2012 may be marked as the year when many, more than 30, green companies that benefited from government  loans were either not performing very well or have already sought protection under Chapter 11 of the U.S. Bankruptcy Code. One of those green companies to file for bankruptcy [...]

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Carl Icahn Takes A Stake in Transocean Ltd. (RIG), Shares Rise

Transocean Ltd. (NYSE: RIG) kicked off the week disclosing that investor Carl Icahn has taken a 3%-plus stake in its voting rights and will look to expand his position. In a Monday 8K Securities and Exchange regulatory filing and reported online on The Wall Street Journal, Transocean revealed that Icahn now has [...]

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Harry Winston To Be Acquired By Swatch Group For $1 Billion

The Swatch Group Ltd. (VTX:UHR), the biggest watchmaker in Switzerland, will pay an estimated $1 billion to acquire Canada's upscale Harry Winston Diamond Corporation (NYSE:HWD) watch and jewelry brand. This deal, which was made public by officials from both companies on Monday, includes the Geneva based Harry Winston production company and [...]

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The VIX Low: A Sign Of The Times?

A great analysis on the recent movements of the VIX volatility index comes from Barrons today. In a blog, titled "The Stock Market's Seinfeld Show," Steven M. Sears, looks at the current uselessness of the VIX (NYSEARCA:VXX) as a market metric, and compares the index to Seinfeld. The VIX is [...]

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Nortel's Three Former Executives Acquitted Of Fraud

Three former top executives of  Nortel Networks Corporation (PINK:NRTLQ) have been acquitted of fraud charges after a lengthy trial, in light of one of Canada's biggest corporate collapses. Frank Dunn, Nortel’s former chief executive, former Chief Financial Officer, Douglas Beatty and former corporate Controller, Michael Gollogly, were accused of misrepresentation of [...]

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Acco Brands Promote COO To CEO

Office supply company, ACCO Brands Corporation (NYSE:ACCO), today, promoted its chief operating officer to become CEO of the company. According to ACCO Brands Corporation (NYSE:ACCO), dealers in Swingline staplers, Day-time and other office products, Boris Elisman will take over March 31 from Robert J. Keller, who will step down from [...]

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Pfizer: A Look At The Pipeline Post Liptor

PFIZER A Good Valuation Story if New Developments Bring Positive Results Recent results at Pfizer Inc. (NYSE:PFE) indicate that the company is performing fairly well considering the loss of US patent exclusivity for Lipitor. Management is doing a fine job of supporting the stock price with an attractive dividend and share [...]

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Earnings Preview: Morgan Stanley, Kinder Morgan, Bankinter

Monday the 14th of January, will see several big companies announce their earnings for the Q4 2012. Here's our run down of the top five earnings reports to watch. Morgan Stanley (NYSE:MS): This is the big one on Monday. Morgan Stanley (NYSE:MS) is one of the most important banks in [...]

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