2008: Apple’s 10 Million Mac Year?

From All Things Digital, Aug. 25, 2008: The third quarter hasn’t been an easy one for Apple from a public relations standpoint. But from a financial one it’s been a resounding success. Despite

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Not for sale, honest

After a New York Post article reported that Hollywood studio MGM had retained investment bank Goldman Sachs to look into a possible sale or capital raising, the studio issued a statement that it was not for sale. MGM, however, may look at “enhancements” to its long-term capital structure.
Private equity sales to strategic buyers have […]

Top Trader: Window Closing on Recent Stock Rally

Updated from 11:22 a.m. EDT The uptrend from the mid-July lows remains intact but “the window is closing” on the rally, says Todd Harrison, CEO of Minyanville.com. …

‘Overpayers’ social network

Are Microsoft and WPP gearing for an asset swap?
Advertising Age’s Abbey Klaassen is reporting that the two companies — criticized for overpaying for their respective digital advertising acquisitions — have rekindled six-month-old discussions to scratch each others itch.
Microsoft may possibly be seeking to shed its Avenue A/Razorfish, one of the units of aQuantive it purchased […]

The Dollar Also Rallies: The Case for More Upside

The dollar slipped early Monday and oil rose, interrupting a recent trend of “strong dollar/weak commodities” that some traders say will persist for some time.Todd Harrison, CEO of Minyanville.com, is among those who believe the dollar — which

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Only Cheerleaders Need Apply

The yo-yo that is Lehman Brothers’ stock took another spill before the market opened on Monday, after a top South Korean regulator threw cold water on the idea of a state bank buying the battle-scarred Wall Street warrior. Financial Services Commission Chairman Jun Kwang-woo told reporters Korea Development Bank (KDB) should be a “cheerleader” and […]