Ed Liston

Following weeks of speculation, personal computer maker Dell Inc. (NASDAQ:DELL) today confirmed that it would acquire Quest Software Inc. (NASDAQ: QSFT).

The Board of Director of Lincare Holdings Inc. (NASDAQ:LNCR), a provider of oxygen, respiratory and other chronic therapy services to patients in the home, has recommended its shareholders accept the takeover offer from Germany-based Linde AG.

Nike Inc. (NYSE:NKE) on Thursday reported disappointing fourth-quarter results, sending the company’s stock down sharply in early trading today. Nike reported an 8% drop in its fourth-quarter net income as high product costs, charges related to restructuring and an unexpected customs evaluation hurt the company’s bottom-line. NKE’s results fell short of consensus forecast, which is […]

News Corp. (NASDAQ:NWS) on Thursday approved the company’s plan to split into two separate publicly traded companies. Under the planned split, NWS will separate its publishing, and media and entertainment businesses into two separate companies. Rupert Murdoch will be the Chairman of both companies, and will serve as CEO of the media and entertainment unit. […]

The tablet war just got interesting after search engine giant Google Inc. (NASDAQ:GOOG) unveiled its Nexus 7 tablet. GOOG introduced its tablet at its I/O developers conference in San Francisco. The tablet has been designed by the company and built by Taiwan-based Asus. The seven-inch tablet will be available for $199. With the Nexus 7, […]

Best Buy Co. (NYSE:BBY) founder Richard Schulze is considering a buyout of the struggling company. The Wall Street Journal, citing people with knowledge of the matter, reported that Schulze is working with a Wall Street bank to take the company private. Schulze, who resigned abruptly as Chairman and director of Best Buy earlier this month, […]

General Mills Inc. (NYSE:GIS) today announced better-than-expected fourth-quarter profit, driven by double-digit sales growth. But, the Minneapolis, Minnesota-based company gave a disappointing outlook, sending the stock lower in pre-market trading. General Mills, which manufactures and markets consumer foods, reported fourth-quarter adjusted earnings of $403.8 million, or $0.60 per share, up...

Homebuilder Lennar Corporation (NYSE:LEN) reported an increase in its second-quarter profit, driven by strong sales and a tax-related gain. However, the company expects a slow and steady recovery in the housing market. U.S. housing market has shown some signs of improvement in the last few months. On Tuesday, latest housing market data showed that home […]

Beverage company Coca-Cola Co. (NYSE:KO) today said that it plans to boost its investment in India by another $3 billion over the next eight years. Coca-Cola is increasing its investment in India as it looks to expand its operations in the country. The $3 billion investment comes on top of a $2 billion five-year investment […]

First some blockbuster news comes out, then the share price skyrockets, a few investors are hooked in, and finally the stock tumbles. A classic pump and dump scheme. One such classic pump and dump scheme seems to be Great Wall Builders Ltd. (OTC:GWBU), which claims to own a patent pending technology that can reduce vehicle […]