From Ticker SenseSome of our readers have asked us if there is any relationship between the price of oil and short term interest rates. Namely, do declines in the price ... Read Full Story »
From AAO WeblogUpfront disclosure: the PCAOB is a subscriber to The Analyst’s Accounting Observer. (But that doesn’t mean I know any more about them than you.)The PCAOB issued an unusual ... Read Full Story »
Equity Office Property (EOP) is up another 3% at $54.35 on an even higher bid of $54.00 cash from the Blackstone Group. Blackstone is raising its bid by 11% from ... Read Full Story »
AMD cut to underperform at Credit Suisse; maybe yesterday call, but that may have the worst value of any downgrade out there.ANF raised to Buy at B of A.BBY raised ... Read Full Story »
(ABI) Applied Bio $0.37 EPS vs $0.34e.(AGR/a) Agere $0.19 EPS vs $0.21e; sees same earnings in Q1.(BAX) Baxter $0.66 EPS vs $0.62e.(BMY) Bristol-Myers $0.19 EPS vs $0.16e.(COL) Rockwell-Collins $0.84 EPS ... Read Full Story »
Edmunds, the car research firm, comes out with projections of US monthly vehicle sales a few days before the car companies announce. The numbers are usually pretty good.Domestic sales are ... Read Full Story »
Ford's (F) fourth quarter report was nothing short of a disaster.The company lost $5.8 billion. Excluding restructuring costs, the number was $2.1 billion. Worldwide automotive revenue for the quarter were ... Read Full Story »
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V)Markets in Europe were up a fraction at 6.45 AM New York time.The FTSE rose .1% to 6,321. Barclays was up .6% to 762.5. BP was up .1% to ... Read Full Story »
Ebay's numbers in the latest quarter were good. Very good. The on line auction company even raised its estimates for 2007 for a revenue range of $7.05 billion to $7.3 ... Read Full Story »
Nokia (NOK) showed increases in revenue and profits for the last quarter of 2006. Sales rose 13% to 11.7 billion euros and net income was up 19% to 1.27 billion ... Read Full Story »
NetFlix (NFLX) has already announced that it will make movies available over the internet, for free. As long as you are a subscriber to the company's DVD-by-mail core business.The video ... Read Full Story »
Ford's (F) reputation for stupidity may not have been mitigated by Bill Ford stepping down as CEO and a senior executive's decision not use the company plane for free to ... Read Full Story »
Wall St. would think that a company at the center of the global cell phone market would be growing, even if margins were hurt by falling handset prices. But, after ... Read Full Story »
According to Reuters, Nintendo's net for the last nine months rose over 43% on the strength of sales of its DS handheld device.Reuters reports that a press piece in Nikkei ... Read Full Story »