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Daily Archives: August 16, 2007

Countrywide (CFC) To Open Down 14%

Couuntrywide (CFC) could help drive the market down a lot at the open. The shares are off 14% before the bell, trading at $18.29.According to Reuters, CFC said "it is ...
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Pre-Market Analyst Calls (August 16, 2007)

ADI started as Neutral at Credit Suisse.AMD started as Underperform at Credit Suisse.ANN raised to Outperform at Piper Jaffray.ARMHY started as Outperform at RBC.CECO raised to Outperform at Bear Stearns.CBL ...
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Chinese Plot To Kill US Citizens And Pets Expands

Add to the poison pet food, toothpaste, and ten million lead-laden toys a new and dangerous product out of China. Johnson & Johnson (JNJ) has found counterfeit versions of its ...
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More Evidence Of US Bandwidth Shortage

According to The Inquirer, ABI Research has issued a report that US cable companies are heading for a crisis because they do not have the bandwidth or switching capacity to ...
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The Great Advertising Share Shift: Google (GOOG) Sucks Life Out Of Old Media

From Silicon Alley InsiderEveryone talks about advertising dollars shifting online, but when you're fighting all day in the trenches it's tough to get a handle on what this really means.  ...
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Europe Markets 8/16/2007 Big Drops

Markets in Europe were off sharply at 6.25 AM New York time, with some down over 3%.The FTSE fell 2.6% to 5,951. British Air (BAB) was of 5% to 382.35. ...
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Trouble for McGraw-Hill (MHP) And Moody’s (MCO)

Moody's (MCO) is already in a ton of trouble due to is rating on sub-prime debt and mortgage-backed securities. According to the FT, the European Union is opening an investigation ...
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Hasbro (HAS) To Test China Toys: It’s Never Too Late To Look Good

Hasbro (HAS) is making a big deal out of the fact that it will step up the amount of testing that it gives toys coming in from China. According to ...
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Breaking Up Kraft (KFT)?

Kraft (KFT) may sell its Post cereals operation. The Wall Street Journal thinks the unit could be worth $3 billion. That really isn't very much. The snacks and cereals division ...
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Media Digest 8/16/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, China Mobile's (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force.Reuters reports that Hasbro (HAS) will increase inspection of products ...
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Asia Market 8/16/2007

Markets in Asia were down sharply.The Nikkei fell 2% to 16,148. Hitachi (HIT) fell 4.1% to 769. Honda (HMC) fell 3.6% to 3780. The Hang Seng fell 3.7% to 20.580. ...
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IPO Filing: 3PAR

A fairly recent IPO filing has come from 3PAR Inc., although the company has an identity crisis as it isn't sure if it wants to list on NASDAQ or on ...
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Google + Sun >OR= Microsoft; And 2 + 2 = 2.624356 (SUNW, GOOG, MSFT, VMW)

The second tier, albeit with ambition, StarOffice(TM) office suite software package from Sun Microsystems (NASDAQ:SUNW) has finally made a name partner for the download universe.  Enter Google (NASDAQ:GOOG).  The StarOffice ...
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