Quite time for Rambus. Much of the noise has subsided over the past few weeks in regards to their legal cases. September 26,2009 is the anti-trust case and the biggest catalyst of the year. Until then there should be no surprises and RMBS should trade similarly to the semiconducter index.
GM, another viability plan? Could three times be a charm, ahead of a June 1 bankruptcy deadline. Among its latest cost-cutting efforts, GM will likely discuss elimination of its Pontiac brand, plans to reduce employees, dealers and plants, and efforts to accelerate planned cuts by as much as four years. GM is also expected to provide an update on its debt-swap efforts with holders of $27.5B of unsecured debt. What I really want to hear is the break up of the UAW/CAW union.
Disney to partner with HULU! I have one question. When do they start streaming ESPN?!?! Disney currently runs clips of shows on YouTube, most people would like to be able to view the full episode of their favorite show, hopefully they dont make the same decision with HULU.