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Daily Archives: January 4, 2007

Wal-Mart Sticks By Earnings, Foreign Sales (WMT)

Wal-Mart is sticking with its Q4 earnings projections. Since US sales were poor, it margins must have been spectacular, which is unlikely, or sales overseas in markets like China, were ...
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Cisco Systems Acquires IronPort

Cisco Systems (CSCO) is paying out approximately $830 million in cash and stock to acquire privately-held IronPort Systems Inc.  This is another data security play so to speak, as the ...
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Pre-Market Stock News (JAN 4, 2006)

by Jon C. Ogg(AAI) Airtran lowered guidance on EPS to  modest loss, but traffic was up 20%.(ACAS) American Capital Strategies filed to sell 6 million shares.(AEOS) American Eagle Outfitters s-s-s ...
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Analyst & Research Notes (JAN 4, 2007)

by Jon C. OggAAPL reitr Outperform at Piper Jaffray.ABB cut to Neutral at Prudential.ALLT started as Outperform at RBC.ASBC raised to Buy at Oppenheimer.BPO started as Buy at Deutsche Bank.DASTY ...
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Costco Sales Up 9%, Did It Lose Money?

Costco's (COST) same-store sales rose 9% the last five weeks of the year. Net sales rose 14% for the period to $7.24 billion. Analysts had expected less.Before Wall St. bids ...
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Samsung’s Perfect Cell Phone

Stocks:  (SIRI)(XMSR)(T)(VZ)Samsung has actually developed a technology that will allow cell phones to pick up local TV stations. No more YouTube idiot videos or NFL highlights. Consumers can watch the ...
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Will Pfizer Cut Its Own Throat? (PFE)

Pfizer is raising prices on its drugs an average of about 5% going into 2007. Lipitor, the world's top-selling drug, will see of price increase of at least that much.After ...
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Maybe Blockbuster Should Close Its Stores

Blockbuster (BBI) surpassed all expectations by announcing that its had reached 2 million online users, adding 500,000 since the end of Q3. Netflix (NFLX), the largest online movie rental company, ...
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Europe Markets 1/4/2007 Deutsche Telekom, Cable & Wireles Up, BMW Off

Stocks:   (BCS)(BP)(BT)(GSK)(PUK)(TRTSY)(UN)(VOD)(BAY)(DCX)(DT)(DB)(SI)(ALU)(AXA)(FTE)(V)Europe market were falling at 5.40 AM New York time.The FTSE was down .8% to 6,268. Barclays was down .6% to 756.5. BP was down 1.2% to 562.5. BT ...
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Media Digest 1/4/2006 Reuters, NYTimes, WSJ, FT, Barron’s

Stocks: (TM)(COST)(NWS)(AMZN)(MOT)The Wall Street Journal writes that Toyota is planning to build another plant in the southern US. It would be the eight such facility in this country.Reuters writest that ...
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Asia Markets 1/4/2007 Hitachi, NEC Up, Toyota, China Mobile Down

Stocks:  (CAJ)(HIT)(HMC)(FUJ)(NIPNY)(NTT)(DCM)(TM)(SNE)(CHL)(CHU)(CN)(PCW)(HBC)Asian markets were mixed with the Nikkei up sharply and the Hang Seng down almost 2%.The Nikkei rose .7% to 17,354. Bridgestone was down .4% to 2645. Canon was ...
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On Old Posts and a New Year

From Gannon On InvestingI started this blog on Christmas Eve 2005 with this post. So, the blog is now just over one year old heading into 2007. In the weeks ...
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Leasing Revamp Chugs Forward

From The AAO WeblogIt’s been a while since I mentioned the FASB/IASB joint revamp of lease accounting. A quick update:On December 7, the FASB and the IASB announced their selection ...
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Wednesday’s Top Biotech and Medical Stocks

From BioHealth InvestorBiotechnologyINNCARDIO INC [ICDO.OB] +23.76% CYTOKINETICS [CYTK] +11.50% PIPEX PHARMACEUTICAL [PPXP.OB] +11.30% BIONOVO INC [BNVI.OB] +10.74% MEMORY PHARMACEUTICA [MEMY] +10.25% Diagnostic SubstancesCYTOGEN CORP [CYTO] +9.44% ICAGEN, INC. [ICGN] +6.93% ...
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Indian Generic Drug Maker Targets Sad Americans

From BioHealthI read a very well written article penned recently by Nature staff reporter Erika Check for Wired Magazine.Ms.Check profiles a popular nationalist in India by the name of Khwaja ...
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