Sunday, May 18, 2008

news from street.com

Mergers & Acquisitions
Hewlett-Packard Buying EDS for $13.9B

The deal represents a challenge to IBM. The company also released preliminary second-quarter guidance.

05/13/08 - 09:39 AM EDT

Hewlett-Packard Set to Swing at IBM

The PC maker is in talks to buy EDS in a deal worth up to $13 billion, potentially reshaping the technology outsourcing market.

05/12/08 - 05:29 PM EDT

Hewlett-Packard Closes In on EDS Deal

The two tech giants will reportedly merge in a transaction worth up to $13 billion. Shares of EDS jump 28% on the news.

05/12/08 - 03:35 PM EDT

Cablevision Buys Long Island's Newsday

The $650 million deal beat bids by News Corp. and the publisher of New York tabloid the Daily News.

05/12/08 - 03:13 PM EDT
Energy/Commodities
Gold Prices Killing Jewelers

Kitco gold analyst Jon Nadler says the cost of bullion is now so high it's sending jewelers bankrupt. Even Zales is at risk, he says.

2008-05-17 23:58:27.0

Crude Oil Closes Above $126

West Texas crude reached an intraday best at $127.65 -- its highest level ever.

2008-05-16 18:39:42.0

Dicker: Don't Treat Commodities Like Stocks

If you think of corn as an equity, you're bound to get burned.

2008-05-16 15:12:09.0

Crude Oil Futures Close Flat

Oil traversed a wide trading range Thursday, going as high as $126.64 a barrel and as low as $120.75.

2008-05-15 16:39:45.0

No comments: