by Tiernan Ray, Blogger, Tech Trader Daily, Barron's
Chinese Web portal and mobile phone content provider Sina’s deal to acquire the billboard operations in China of Focus Media Holding has collapsed today, almost ten months after it was first announced.
by Tiernan Ray, Blogger, Barron's, Tech Trader Daily
Shares of flash memory chipmaker SanDisk (SNDK) are falling $1.89, almost 11 percent, to $15.75 this afternoon following a note by Citigroup analyst Craig Ellis today that says 2009 earnings estimates are in jeopardy for the company because contract prices for flash are plummeting.
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