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Daily Archives: July 18, 2007

Devon Energy Forms MLP To Pay Down Debt (DVN, SGLP)

Posted: July 18, 2007 at 6:45 pm

Devon Energy (NYSE:DVN) shares traded up more than 4% after announcing that it will form a master limited partnership (MLP) in the third quarter of 2007 by issuing partnership units ...
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Cramer Digs Siemens As Europe’s GE Equivalent (SI, GE)

Posted: July 18, 2007 at 6:06 pm

On tonight's MAD MONEY on CNBC, Jim Cramer continued his stock pick series for "Investing in Europe."  Tonight his pick is from Germany: Siemens AG (NYSE:SI/ADR).  He likes the conglomerate ...
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PC Sales Rebounding: HP (HPQ) And Dell (DELL) Hold Lead

Posted: July 18, 2007 at 4:21 pm

According to Gartner Group, PC sales rose 12.1% in the second quarter to hit 61.1 million units. The research firm had previously predicted growth of 10.6%. Laptop sales were particularly ...
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Juniper (JNPR): Nothing Special

Posted: July 18, 2007 at 3:30 pm

Juniper (JNPR) repoted net revenues for the second quarter of 2007 were $664.9 million, compared with $567.5 million for the second quarter of 2006, an increase of 17 percent. Net ...
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eBay Guidance Deemed Conservative? (EBAY)

Posted: July 18, 2007 at 3:29 pm

eBay Inc. (NASDAQ:EBAY) posted earnings of $0.34 non-GAAP EPS on $1.83 Billion in revenues, compared to estimates from First Call of $0.32 EPS & $1.78 Billion revenues. The company also ...
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IBM (IBM): Happy Days Are Here Again

Posted: July 18, 2007 at 3:17 pm

IBM (IBM) hit a 52-week high during the day at $111.88. The stock is up 50% over the last year. Strong earnings sent it up another 1.6% after hours. Diluted ...
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CEO’s Who Need to Go: John Mackey of Whole Foods (WFMI, OATS, KR)

Posted: July 18, 2007 at 2:59 pm

Calling for a CEO to leave a company or to be fired is not an easy task, and many market pundits demand a management change far too soon and far ...
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Cramer’s SanDisk Call (SNDK, INTC)

Posted: July 18, 2007 at 2:18 pm

On today's STOP TRADING segment on CNBC, Jim Cramer took notice of SanDisk Corp. (NASDAQ:SNDK) ahead of earnings today. Estimates are $0.15 EPS and almost $793 million in revenues.  SanDisk ...
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A Sirius (SIRI) Sucker Rally?

Posted: July 18, 2007 at 10:53 am

Since June 21, Sirius (SIRI) shares are up 13%. There is no significant news about the company. Its merger with XM (XMSR) still looks iffy. The company will announce earnings ...
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What To Expect From Juniper Networks Q2 2007 (JNPR)

Posted: July 18, 2007 at 10:13 am

Juniper Networks, Inc. (NASDAQ:JNPR) is set to report earnings atfer the close.  First Call estimates on last look were $0.20 EPS and $649.6 million in revenues.  Over the last four ...
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Earnings Preview: eBay Q2 2007 (EBAY, YHOO, GOOG)

Posted: July 18, 2007 at 9:25 am

eBay Inc. (NASDAQ:EBAY) is set to report earnings after the close Wednesday.  The Q2 estimates from First Call are $0.32 EPS & $1.78 Billion revenues.eBay frequently gives guidance and they ...
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AMD (AMD) Keeps True Believers

Posted: July 18, 2007 at 8:44 am

Intel's (INTC) margin problems, which have taken its shares down over 5% today, have not been nearly as hard on its smaller rival AMD (AMD). Its shares are off only ...
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MediaBistro.com Acquired by Jupitermedia (JUPM, YHOO)

Posted: July 18, 2007 at 7:48 am

MediaBistro.com is being acquired by Jupiermedia (NASDAQ:JUPM) for $20 million in cash, plus up to $3 million in additional earnings payouts if targets are acheived.  MediaBistro.com is not just a ...
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Rough Q For Gannett (GCI)

Posted: July 18, 2007 at 7:31 am

Lead lower by an fall in classified ads, Gannett's (GCI) revenue fell 3.4% in the last quarter to $1.92 billion. Operating income was down. Operating income fell 8.5% to $483 ...
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Pre-Market Stock News (July 18, 2007)

Posted: July 18, 2007 at 7:15 am

(ABT) Abbott Labs $0.69 EPS vs $0.68 estimate; guidance looks soft.(ASD) American Standard $0.84 EPS net, but $1.05 before items; estimates were $1.08. Spin-off/sale remains on track. (BLK) Blackrock $1.80 ...
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