Friday Morning News

BofA reports earnings of $3.2 billion. They’re getting better but they’re far from strong.
GE beat their estimates! Their horrible, horrible estimates.
UnitedHealth’s CEO bags $100 million from stock options. Yes, $100 million!
Oracle (ORCL) is buying Phase Forward (PFWD). Expect more of these buys. Larry has $17 billion in cash to play with.
Barbie pushes Mattel (MAT) to a profit of seven cents a share. They lost 14 cents a share a year ago. Math is apparently getting easier.
Good news: Sony Ericsson makes profit of 21 million. Bad news: In euros.
Goldman Sachs (GS) director is stepping down.Too insider tradery.
Housing permits rose more than expected last month.

Posted by on April 16th, 2010 at 8:43 am


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