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Daily Archives: August 7, 2007

Warner Music (WMG) Results Actually Okay: Digital Up 29%

From Silicon Alley InsiderEdgar Bronfman, Tom Lee, Bain Capital and every other Warner Music shareholder will likely want to send a thank you note to EMI Music Group today, for ...
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Pre-Market Stock News (August 7, 2007)

(AAPL) Apple has mac conference today.(AGN) Allergan noted positively by Jim Cramer on MAD MONEY. (BHI) Baker Hughes July 2007 rig count was 1,018, up 3 from June and up ...
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Some EMC-VMware Employees Holding Out On Share & Options Tender? (EMC, VMW)

EMC Corp. (NYSE:EMC) and VMware Inc. (NYSE:VMW) announced early this morning that the exchange offer for certain employee stock options is being extended to 11 AM EST on August 13, ...
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AMD (AMD) Further Price Cuts? Lower Stock

AMD (AMD) came within a few pennies of its 52-week low yesterday. It traded at $12.41. Perhaps traders caught wind of the fact that the x86 processor company will be ...
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Implications of Online Ad Inventory Glut–on AOL, Yahoo, and Start-Ups

From Silicon Alley InsiderThe Post's Holly Sanders notes the trend that scorched AOL, Yahoo, CNET, and other major online display-ad companies this quarter (i.e., everyone but Google): the wide availability ...
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Pre-Market Analyst Calls (August 7, 2007)

ARJ started as Buy at Oppenheimer.ASEI raised to Hold at Jefferies.ASX raised to Buy at Citigroup.AUTH started as Outperform at Cowen.BKC raised to Buy at Citigroup.BMC raised to Peer Perform ...
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Microsoft (MSFT) Finds Another Way To Go After The iPod

Microsoft's (MSFT) Zune does not seem to be doing much good getting the company a piece of the Apple (AAPL) iPod digital music player market. So, the world's largest software ...
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More Bad Luck For Alcatel-Lucent (ALU)

First, Alcatel-Lucent (ALU) turned in another bad quarter, leading Wall St. to question whether the merger between the US and French telecom equipment companies makes sense. Its shares are down ...
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Europe Markets 8/7/2007

Market in Europe were higher at 6.15 AM New York time.The FTSE rose 1.3% to 6,271. Prudential (PUK) was up 2.8% ot 704.5. Vodafone (VOD) was up 1.6% to 157.1.The ...
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The Internet Trumps Newspapers

It is not enough that internet revenue at companies like Gannett (GCI) and The New York Times (NYT) are not growing fast enough to offset drops in print revenue, and ...
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What If Ford (F) Can’t Sell Jaguar And Rover

The Wall Street Journal writes that Ford (F) may have trouble selling Jaguar and Rover due to "uncertainty over how the European Union will apply new regulations on carbon-dioxide emissions." ...
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Nintendo Cuts The Micorosft (MSFT) Xbox

Microsoft (MSFT) is cutting the price of its most popular version of the Xbox 360 by $50 to $349. Sales of the game console have been weak as the Nintendo ...
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McDonald’s (MCD) Joins The Communist Party

McDonald's has succumbed to pressure from Chinese groups and will raise its wages in that country. It will also gets it employees new uniforms. Seriously.The fast good chain has been ...
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Media Digest 8/7/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Bear Stearns (BSC) has several potential buyers including JP Morgan (JPM) and Bank of America (BAC)Reuters writes that a court overturned a patent infringement award won by ...
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Asia Markets 8/7/2007

Markets in Asia were mixedThe Nikkei was up a fraction to 16,922. Sony (SNE) was up 1.2% to 5990. Toyota (TM) was up 1% to 7250. The Hang Seng was ...
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