Lucky number 14: IBM acquires Israel’s XIV for $300 million
Hoku Scientific is up 10% on the news that they were able to amend 2 Polysilicon Contracts in an effort to keep customers while securing financing for a planned polysilicon plant.
Sanyo Electric Co. amended their polysilicon supply agreement to provide Hoku with six additional weeks to secure financing for its plant. The initial deadline was Dec. 31, but is now Feb. 15.
Cramer has found what could be the next Baidu (BIDU) or Google (GOOG). Investors that want to seek shelter in a foreign stock should look at Mercadolibre (MELI).This company, Cramer said, processes ecommerce transactions, which have been a good business domestically and is an even better business in Latin America, where it’s based.
Apple (AAPL) failed for a second time Thursday to hold the $200 level, suggesting a possible classic case of window dressing.
* Media reports say Warner Music Group (WMG) will offer DRM-free music on Amazon.com (AMZN).
2. Amazon's "Best of 2007"
* Electronics: Canon (CAJ) PowerShot A570IS 7.1MP digital camera
* Computers: Nokia (NOK) Internet tablet PC
In much the same way it upended online distribution of music, Apple may now be poised to redefine the way movies are rented online. According to published reports, Apple (AAPL) and Fox (NWS) plan to bring movie rentals to Apple's popular iTunes Store, and through that to its family of iPod media players and the iPhone.