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By admin, May 6, 2010 10:53 am

Competition is supposed to create superior value and better service for customers, but the airline industry is so unprofitable that competitors try to outdo each other in giving passengers less while charging more. And the major carriers' strategy of mergers is only creating bigger, less service-oriented airlines.

Continue reading Do Airline Mergers Make Service Worse for Passengers?

Do Airline Mergers Make Service Worse for Passengers? originally appeared on DailyFinance on Thu, 06 May 2010 11:53:00.

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By admin, May 5, 2010 6:30 am

Every quarter, a Gabelli & Co. investing team picks five stocks that could be big winners, and every quarter they've succeeded. Gabelli's current five picks are all companies that are attractive takeover candidates.

Continue reading Inside Wall Street: Five Potential Takeover Plays for the Second Quarter

Inside Wall Street: Five Potential Takeover Plays for the Second Quarter originally appeared on DailyFinance on Wed, 05 May 2010 07:30:00.

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By admin, May 4, 2010 1:20 pm

As with any new technology, cloud computing has its doubters who wonder if it's just high-tech hype. Increasingly, it's becoming clear that the answer is no, and even old-school IBM has gotten the message as it buys top cloud firm Cast Iron.

Continue reading IBM Gets Its Head in the Cloud with Cast Iron Buy

IBM Gets Its Head in the Cloud with Cast Iron Buy originally appeared on DailyFinance on Tue, 04 May 2010 14:20:00.

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By admin, May 4, 2010 8:46 am

A week after rental car giant Hertz announced plans to drive off into the sunset with Dollar Thrifty, rival Avis Budget on Monday made clear that it plans to crash the party. Avis is wooing Dollar for itself, bringing a higher offer (and some serious hired guns) to the table.

Continue reading Avis Hires Some Big Guns for its Fight with Hertz over Dollar Thrifty

Avis Hires Some Big Guns for its Fight with Hertz over Dollar Thrifty originally appeared on DailyFinance on Tue, 04 May 2010 09:46:00.

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By admin, May 3, 2010 12:51 pm

Worried that the megamerger will mean higher airfares? That's not part of the plan, says Continental CEO Jeff Smisek. The post-merger airline is expected to add $1 billion or so to the bottom line over three years, but mostly because of cost-cutting.

Continue reading Continental-United Airlines Merger: No Fare Hike Built into Profit Plan

Continental-United Airlines Merger: No Fare Hike Built into Profit Plan originally appeared on DailyFinance on Mon, 03 May 2010 13:51:00.

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By admin, April 30, 2010 10:47 am

To help secure its own business future, security software heavyweight Symantec is jumping into the the encryption and data-protection market with the purchase of two companies -- PGP and GuardianEdge Technologies -- for a total of $370 million in cash.

Continue reading Symantec Doubles Down on Encryption With Two Acquisitions

Symantec Doubles Down on Encryption With Two Acquisitions originally appeared on DailyFinance on Fri, 30 Apr 2010 11:47:00.

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By admin, April 30, 2010 10:47 am

To help secure its own business future, security software heavyweight Symantec is jumping into the the encryption and data protection market with the purchase of two companies -- PGP and GuardianEdge Technologies -- for a total of $370 million in cash.

Continue reading Symantec Doubles Down on Encryption with Two Acquisitions

Symantec Doubles Down on Encryption with Two Acquisitions originally appeared on DailyFinance on Fri, 30 Apr 2010 11:47:00.

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By admin, April 29, 2010 8:27 am

With Siri's innovative voice-command technology, smartphone users only have to speak their desires, and the required searches and tasks get done -- without all that cumbersome tapping on tiny keyboards. So it's no surprise that Apple bought the startup.

Continue reading Apple's Siri Purchase Heats Up the Race Toward a Voice-Activated Future

Apple's Siri Purchase Heats Up the Race Toward a Voice-Activated Future originally appeared on DailyFinance on Thu, 29 Apr 2010 09:27:00.

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By admin, April 28, 2010 10:38 am

For the past two years, Landry's Restaurants CEO Tilman Fertitta has been trying to take the company private, but despite a series of low-ball offers, there was hope that a good deal would finally come. This week, Fertitta made yet another offer -- at 16% below the market price.

Continue reading Landry's Restaurants CEO Cooks Up Another Raw Buyout Deal

Landry's Restaurants CEO Cooks Up Another Raw Buyout Deal originally appeared on DailyFinance on Wed, 28 Apr 2010 11:38:00.

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By admin, April 27, 2010 11:26 am

E.W. Scripps, owner of the beloved Peanuts brand, is selling United Media Licensing for $175 million, and while the sale comes as no surprise, the price might: It's a tad low given that majority buyer Iconix thinks it can generate $75 million in royalties a year from the business.

Continue reading It's the Great Sale, Charlie Brown: Iconix Buys 'Peanuts' Licensing

It's the Great Sale, Charlie Brown: Iconix Buys 'Peanuts' Licensing originally appeared on DailyFinance on Tue, 27 Apr 2010 12:26:00.