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Filed under: Major movement, Dell (DELL), Procter and Gamble (PG), Wrigley, (Wm) Jr (WWY), RadioShack Corp (RSH), Options, Marvell Technology Group (MRVL), First Data (FDC), aQuantive Inc (AQNT)The markets sold off mid-session as oil and semiconductors were weaker and traders took profits in what has been a very good April. There is an old saying on the street Sell in May and go way. Since the beginning of April the Dow is up 5.7% and typically summer months have not made the gains the rest of the year has. The NYSE had volume of 2.9 billion shares with 884 shares advancing while 2,398 declined for a loss of 77.63 points to close at 9,627.73. On the NASDAQ, 2 billion shares traded, 927 advanced and 2,151 declined for a ...

In July 2006 I posted Google should buy Starbucks -- NOW! and received many less than favorable comments. I was way too glib in my post and that took away from the serious points I was trying to make. Google Inc. (NASDAQ: GOOG) is still a one trick pony. Yes they bought YouTube but they are far from generating profits from that. They paid $1.65 billion for this acquisition and contracted with News Corp's (NYSE: NWS) MySpace (TM) for another $900 million in a collaborative effort and spent millions more on legal matters, further site development costs. All told they are probably approaching $3 billion in cost and will carry losses until some future date when they might make some money, and hey probably will make money at ...

Filed under: Google (GOOG), Yahoo! (YHOO), eBay (EBAY), aQuantive Inc (AQNT)Google's (Nasdaq: GOOG) recent $3.1 billion deal for DoubleClick has certainly opened a Pandora's box for the online marketing space. Stocks like 24/7 Real Media (Nasdaq: TFSM) and aQuantive (Nasdaq: AQNT) have been juiced up and rumors are buzzing.Now we have another data point to work with: Yahoo (Nasdaq: YHOO) is shelling out $680 million for Right Media, a privately-held company. In fact, back in October, Yahoo purchased a 20% stake in the company.Continue reading The right stuff for YahooPermalink | Email this | Comments

Circuit City Stores Inc. (NYSE:CC) is down 9% after hours. That's because it announced that its loss was worse than reported and that its guidance was down according to Bloomberg News.In particular Circuit City expects to report a pretax loss of as much as $90 million this quarter. And it blamed sales that were "substantially below-plan" this month on competition to sell flat-panel and projection televisions. The company also withdrew its April 4 forecast of a pretax loss of $50 million in the first half of the fiscal year and a "strong recovery" in the second half.CC still doesn't realize that firing 3,400 people is contributing to its sales decline. Maybe it will announce another 3,400 layoffs soon.Peter Cohan is President of Peter S. Cohan & Associates, a ...