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By M.E. Garza The news that Clinical Data (CLDA) sold to Forest Laboratories (FRX) for only $30 a share plus incentives sent some minor shockwaves through the biotech community. It wasn’t that the news wasn’t highly anticipated, in fact, going as far back as 2007, the man who engineered the biotech sale was already polishing [...]

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Introducing the 24/7 Wall St. Wire

According to Reuters, Yahoo!’s (YHOO) profits dropped 61% in the last quarter but the shares rose on anticipation that its new web search advertising system is about to launch. Reuters writes that Sun Microsystems (SUNW) has a small, unanticipated proft and KKR invested $500 million in the company.. Reuters also reports that Broadcom (BRCM) will [...]

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A Great Bet in Solar

The dust over solar earnings has finally settled, and now it’s time to take a closer look at the long-term prospects of solar companies. First Solar (Nasdaq: FSLR  ) kicked off earnings season by surprising the Street with an early release. The company remained in the news for a few negative reasons, and its stock has [...]