Below please find daily updates pertaining to the latest in financial, business, and tax news:
Reuters: FTC will oppose Express Scripts purchase of Medco
Posted: Mon Feb 06 11:59:38 PST 2012U.S. antitrust regulators are weighing evidence to determine if they have a strong enough case to stop the proposed merger of Express Scripts Inc. and Medco Health Solutions Inc. Reuters, citing unnamed sources, said key officials at the Federal Trade Commission "believe it should be stopped but want to ensure they have adequate evidence to win a court fight to stop it." A decision on whether ...
Dallas-based Crow Holdings buys 1.2M SF Texas portfolio
Posted: Mon Feb 06 11:59:31 PST 2012Dallas-based Crow Holdings has bought a 1.2-million-square-foot portfolio with properties in Dallas, Fort Worth and Houston for an undisclosed sum. Crow Holdings bought the portfolio from TA Associates Realty. The portfolio of buildings was 98.9 percent leased, with 40 tenants at the time of the sale. The Dallas properties are situated in the Valwood and Great Southwest submarkets. CBRE's Ja...
With Baltimore in picture, D.C. United could stay in Washington ? for now
Posted: Mon Feb 06 11:59:25 PST 2012D.C. United, which has drawn some interest from Baltimore about potentially relocating, looks poised to stay in Washington ? at least for the next year. The Washington Post reported Monday that the Major League Soccer franchise is close to reaching a new lease deal with the aging RFK Stadium in D.C. The story did not detail the length of the deal. United has been looking to move out of RFK an...
Former Delta COO: American will remain a standalone carrier
Posted: Mon Feb 06 11:58:51 PST 2012He may be the CEO of Red Hat (NYSE: RHT), but Jim Whitehurst also knows a little bit about what American Airlines is facing these days. Before joining Red Hat, Whitehurst was the chief operating officer at Delta Airlines (NYSE: DAL) and charted an aggressive course for Delta to emerge out of bankruptcy. Sitting atop one of the highest buildings in Raleigh (Wells Fargo), Whitehurst recalled his...
Top 10 complaints of a Boston sports fan
Posted: Mon Feb 06 11:58:25 PST 2012Has Boston's great sports decade come to an end? Angst is gripping the hearts of Bostonians as we reflect on the past 10 years of Boston sports domination. Now, the Red Sox are in transition, the Celtics floundering, and the Patriots are repeat losers to the N.Y. Giants All over Boston, there is great consternation. And we are returning to the city's true great pastime: Complaint. The worst p...
WNY Catholic leaders object to contraception mandate
Posted: Mon Feb 06 11:57:55 PST 2012Local Catholic leaders are joining their peers nationwide in urging parishioners to reject a federal mandate regarding inclusion of paid contraception in health insurance coverage. Bishop Edward Kmiec this week wrote to church leaders, many of whom addressed the issue this weekend during morning sermons. ?We cannot -- we will not -- comply with this unjust law,? Kmiec wrote. At issue is a ne...
Bankruptcy buzz: Bank of New York Mellon seeks JeffCo sewer revenue
Posted: Mon Feb 06 11:57:40 PST 2012Bank of New York Mellon Corp. claims in court filings that it is entitled to all of the county's sewer system revenue, according to a report from Bloomberg. As trustee for the $3.6 billion in sewer warrants that led to the county's bankruptcy filing, the bank is asking for a judgment that it is entitled to the system revenue, capital expenditures, the payment of sewer warrants and revenue for ...
CBJ Seen: Queen City Brewers Festival showcases Charlotte talent
Posted: Mon Feb 06 11:57:32 PST 2012The Charlotte has quite a craft-beer community brewing, as was showcased Saturday night at the Neighborhood Theatre at the Queen City Brewers Festival. About 10 Charlotte-area breweries were represented, from the recently opened NoDa Brewing Co. to Hops Grill & Brewery of Matthews. "There's a void in Charlotte," event organizer Nils Weldy says of the city's fledgling craft-beer scene. But imp...
Worldwide semiconductor sales hit record $299.5B
Posted: Mon Feb 06 11:57:19 PST 2012The Semiconductor Industry Association (SIA) said Monday that worldwide semiconductor sales hit a record $299.5 billion for 2011, or a year-on-year increase of 0.4 percent from $298.3 billion in 2010. The Washington, D.C.-based group represents U.S. leadership in semiconductor manufacturing and design. December's worldwide semiconductor sales were $23.8 billion, a decrease of 5.5 percent from...
Congress members' stock ownership includes GE, Intel, BofA, Apple
Posted: Mon Feb 06 11:55:37 PST 2012Stock ownership and possible insider trading by members of Congress has come under scrutiny lately and prompted bipartisan calls ? including from the White House ? for new restrictions and rules related to financial holdings. New rules are making their way through Congress that would limit insider trades on Capitol Hill For more information, click on the slideshow to the right. A report by t...
Wall Street's Buy List
Posted: Mon Feb 06 12:18:15 PST 2012Actions speak louder than words. ...
3 High-Yielding Tech Stocks to Beat the Market
Posted: Mon Feb 06 12:16:14 PST 2012A dividend fix for techies. ...
These Stocks Will Move the Dow Tomorrow
Posted: Mon Feb 06 12:08:04 PST 2012Look for earnings from the top stocks in the market. ...
Dividend Bubble?
Posted: Mon Feb 06 12:05:32 PST 2012It's never smart to bet on what's popular. Dividend stocks are no exception. ...
Simpson Manufacturing Beats Analyst Estimates on EPS
Posted: Mon Feb 06 12:02:31 PST 2012Just the facts, Fool. ...
Travelzoo Is Slow but Steady
Posted: Mon Feb 06 12:02:06 PST 2012Travelzoo's fourth-quarter revenue is below expectations, but there's no reason to worry. ...
Not All Facebook Coattail Plays Are the Same
Posted: Mon Feb 06 11:59:22 PST 2012A lot of companies have been jumping higher on news that Facebook is going public. ...
Brussels Sprouts Opposition to Vodafone Merger
Posted: Mon Feb 06 11:58:18 PST 2012Vodafone stops trying to merge with Wind Hellas but says it is still "committed to Greece." ...
Fool Duel: Buy ARM, Sell MIPS
Posted: Mon Feb 06 11:57:44 PST 2012There's good reason why one has been taking off while the other idles. ...
Fool Duel: Buy MIPS, Sell ARM
Posted: Mon Feb 06 11:59:36 PST 2012One stock is peaking, the other about to take off. Which one would you rather own? ...
