finance

Activision Blizzard's World of Warcraft: Cataclysm one-month sales top 4.7M

activision, atvi, blizzard entertainment, business, finance, investing, market analysis, mmorpg, news, sales, stock trading, video games, world of warcraft

Blizzard Entertainment, Inc. (ATVI) announced that World of Warcraft: Cataclysm, the third expansion for the critically acclaimed massively multiplayer online role-playing game, has sold through more than 4.7M copies as of its fir

By FNNO Staff
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Del Monte Foods announces end of "go-shop" period

Published on Mon, 01/10/2011 - 11:32
By FNNO Staff in General Interest, dlm, business, del monte, dlm, finance, investing, kkr, market analysis, news, stock trading
business, del monte, dlm, finance, investing, kkr, market analysis, news, stock trading

Del Monte Foods (DLM) announced the expiration of the 45 day “go-shop” period pursuant to the terms of the previously announced merger agreement, entered into on November 24, 2010, by Del Monte Foods and an investor group led by

By FNNO Staff
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CommonWealth REIT Appoints Adam Portnoy as New President (CWH)

Published on Mon, 01/10/2011 - 11:30
By FNN Staff in General Interest, CWH, business, commonwealth reit, cwh, finance, investing, market analysis, news, stock trading

CommonWealth REIT is a real estate investment trust.

business, commonwealth reit, cwh, finance, investing, market analysis, news, stock trading

Officials from CommonWealth REIT (NYSE:CWH) said Monday that Adam Portnoy will become the firm's new president, following the resignation of president and chief investment officer to lead Australian acquisition plans, John Mannix.

By FNN Staff
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Credit Suisse Downgrades RadioShack to Neutral - Shares Down 1.6%

Published on Mon, 01/10/2011 - 11:25
By FNN Staff in Analyst reflections, RSH, business, finance, investing, market analysis, news, radio shack, rsh, stock trading

The firm made the call based relative valuation, a slower turnaround from investments, and the potential impact from the Verizon iPhone.

The firm has a $20 price target on company shares.

business, finance, investing, market analysis, news, radio shack, rsh, stock trading

Shares of RadioShack (RSH) are down in pre-market trading as the company is reportedly downgraded to Neutral from Outperform at Credit Suisse.

By FNN Staff
root@fnn-online.com

Smith & Nephew Up 12% on Reported Offer from J&J

Published on Mon, 01/10/2011 - 11:10
By FNN Staff in General Interest, JNJ, SNN, business, finance, investing, jnj, johnson & johnson, market analysis, news, smith & nephew, snn, stock trading

Sky News said the $7-billion pound offer was received last month, which the company so far has not disclosed to shareholders.

JNJ shares are down $0.10 at $62.50 a share.

business, finance, investing, jnj, johnson & johnson, market analysis, news, smith & nephew, snn, stock trading

Smith & Nephew (SNN) shares are up over 12% after rival Johnson & Johnson (JNJ) made a $10.9 billion takeover bid that was turned down as inadequate by the British company, Sky News said this weekend, without citing source

By FNN Staff
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Early Trade Market Movers: January 10th, 2011

Published on Mon, 01/10/2011 - 11:05
By FNNO Staff in General Interest, AAPL, goog, MSFT, vz, aapl, apple, business, finance, goog, google, investing, iphone, market analysis, microsoft, msft, news, stock trading, verizon, vz

Looking closer at tech in the first half of trading. Apple is up over 1%, pre-Verizon's big announcement tomorrow morning.

Verizon is up fractionally on the eve of it's expected iPhone launch.

aapl, apple, business, finance, goog, google, investing, iphone, market analysis, microsoft, msft, news, stock trading, verizon, vz

Checking in on the markets in early morning trade - We'll be taking a look at tech this monday morning, but first let's have a look at the broader market. The majority of stocks are down early Monday. The map is largely red - fina

By FNNO Staff
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Ramtron Sees FY10 At Low-End of Guidance, IBM Line Not Seen Until Mid-Year

Published on Mon, 01/10/2011 - 11:02
By FNN Staff in General Interest, rmtr, business, finance, investing, market analysis, news, ramtron, rmtr, stock trading

It now expects full year 2010 total revenue and GAAP net income to be at the low end of the guidance.

business, finance, investing, market analysis, news, ramtron, rmtr, stock trading

Ramtron (RMTR) says product qualification testing of the IBM foundry transition for select low density products is not yet complete. It now expects the IBM line to come on stream by the middle of this year after which the company

By FNN Staff
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AMAG Pharmaceuticals Provides Business Update, Shares Drop 3.22%

Published on Mon, 01/10/2011 - 10:30
By Anonymous in General Interest, AMAG, amag, amag pharmaceuticals, business, finance, investing, market analysis, news, stock trading

AMAG expects to report financial results in the fourth quarter 2010 total revenues of between $16.5 and $17.5 million, including between $14.5 and $15.5 million in net product revenues for Feraheme (ferumoxytol) Injection for intr

amag, amag pharmaceuticals, business, finance, investing, market analysis, news, stock trading

Shares of AMAG Pharmaceuticals (AMAG) declined 3.22% to $17.42 on the heels of its business update.

By Anonymous

Consortium Mulling Bid for Sara Lee

Published on Mon, 01/10/2011 - 08:50
By FNNO Staff in General Interest, sle, business, finance, investing, market analysis, news, sara lee, sle, stock trading

Apollo Global Management, C. Dean Metropoulos, Bain Capital and TPG Capital are the parties involved, according to the report, which cited people familiar with the matter.

Brazil's JBS SA recently made an offer for Sara Lee, and the U.S. firm is waiting to see if a higher proposal will be forthcoming, according to the WSJ. Shares of the company are up 6.7% to $18.60 in premarket trade this morning.

business, finance, investing, market analysis, news, sara lee, sle, stock trading

A consortium has been formed to explore a buyout of Sara Lee Corp. (SLE), The Wall Street Journal reported late Sunday.

By FNNO Staff
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BP Falling in Early Action on Reported Alaska Pipeline Shutdown

Published on Mon, 01/10/2011 - 08:50
By FNNO Staff in General Interest, BP, bp, business, finance, investing, market analysis, news, oil, stock trading

BP has a 47% stake in the pipeline system.

Although there are inventories at the end of the line, a prolonged closure of the pipeline could affect supplies. Alyeska Pipeline Service Co. hasn't said how long repairs might take.

The shut pipeline carries around 15% of U.S. domestic oil production.

bp, business, finance, investing, market analysis, news, oil, stock trading

The suspension early Saturday of the pipeline, an 800-mile network that moves oil across the northernmost U.S. state from Prudhoe Bay to the port of Valdez, has forced oil companies including BP to halt 95% of production from the

By FNNO Staff
fnnonline@gmail.com

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