Quantcast

Daily Archives: August 23, 2007

Home Depot Takes A Skinning

Posted: August 23, 2007 at 8:07 pm

Home Depot (HD) may sell its supply unit, for $1.2 billion less than was originally planned. The initial price was about $10.3 billion.The problem now is that the deal may ...
Read Full Story »

Cramer New Value & Momentum Picks (EMC, VMW, AYR)

Posted: August 23, 2007 at 5:30 pm

On tonight's MAD MONEY on CNBC, Cramer noted there are two ways to profit from a recovering market like we are seeing today.  After a 5-day rally, today was just ...
Read Full Story »

Share Buyback Announcements Still Coming (HLF, GPS, WABC, JRN)

Posted: August 23, 2007 at 4:13 pm

Today we continued to see companies announcing new or adding to existing share buyback plans.  These were the main announcements, although it may be worth noting that this does not ...
Read Full Story »

Gapping Gap Earnings & Buybacks (GPS)

Posted: August 23, 2007 at 3:42 pm

Gap Inc. (NYSE:GPS) reported $0.21 EPS (before a $0.02 charge) on revenues of $3.69 Billion, and First Call estimates were $0.19 EPS on $3.7 Billion in revenues.  Keep in mind ...
Read Full Story »

Marvell (MRVL) Earnings No Longer “Preliminary”

Posted: August 23, 2007 at 3:15 pm

Marvell Technology Group Ltd. (NASDAQ:MRVL) posted earnings of $0.06 non-GAAP EPS on revenues of $656.7 million, compared to estimates of $0.06 EPS on revenues of $645.5 million according to First ...
Read Full Story »

Hard Drive Makers Competing With Flash Drives, With Flash Drives (STX, WDC, KOMG, SNDK)

Posted: August 23, 2007 at 2:21 pm

It has hardly brought any real coverage today, but the flash drive competition to hard drives in PC's and devices may have died before they were even walking on their ...
Read Full Story »

The Economy: Up The Down Staircase

Posted: August 23, 2007 at 2:08 pm

The CEO of CountryWide Financial (CFC), Angelo Mozilo, could not just take the $2 billion his company got from Bank of America (BAC) and have a nice day. He had ...
Read Full Story »

Cramer’s Mortgage Winner (NLY, CIM)

Posted: August 23, 2007 at 1:57 pm

On today's STOP TRADING segment on CNBC, Jim Cramer noted how recent news out of the mortgage environment is a help but not necessarily an all-clear sign.  He still thinks ...
Read Full Story »

Sun Microsystems Trying The Ticker Change Trick (SUNW, JAVA)

Posted: August 23, 2007 at 12:20 pm

Sun Microsystems (NASDAQ:SUNW) is willing to try just about anything to get its shares moving or at least thought of differently.  The company is CHANGING ITS STOCK SYMBOL....to "JAVA."  Yep, ...
Read Full Story »

52-Week Low: Wall Street Tells Candela ‘Seeing Is Believing’ (CLZR, PMTI, ELOS)

Posted: August 23, 2007 at 12:07 pm

Candela Corp. (NASDAQ:CLZR) is one of the cosmetic/medical laser companies that has seen better times than recent trading, and it showed up in the 52-week low club in a screen ...
Read Full Story »

Viacom: MTV Goes Critical

Posted: August 23, 2007 at 11:16 am

The MTV unit of Viacom (VIA), which makes up most of the revenue in its Media Networks operation, is in trouble. And, it has been coming on for some time. ...
Read Full Story »

Earnings Preview: Gap, Inc. (GPS)

Posted: August 23, 2007 at 9:31 am

Gap Inc. (NYSE:GPS) reports earnings after today's close, and First Call estimates are $0.19 EPS on $3.7 Billion in revenues.  The coming quarter is expected to post $0.21 EPS on ...
Read Full Story »

Marvell Tech Set For Earnings (MRVL, BRCM)

Posted: August 23, 2007 at 8:35 am

After today's close we'll get earnings out of Marvell Technology Group Ltd. (NASDAQ:MRVL).  The company is expected to post $0.06 EPS on revenues of $645.5 million according to First Call.  ...
Read Full Story »

GameStop’s New Highs After Earnings & Guidance (GME)

Posted: August 23, 2007 at 8:02 am

GameStop (NYSE:GME) is trading up 7% pre-market on what will be new yearly highs and all-time highs after posting earnings.  A quick summary is $0.13 EPS  on revenues of $1.3382B ...
Read Full Story »

Pre-Market Stock News (August 23, 2007)

Posted: August 23, 2007 at 7:47 am

(AHR) Anthracite Capital announced a $100 million Convertible Note offering.(ANF) Abercrombie & Fitch $0.88 EPS vs $0.87 est.; shares up 1%.(BKE) Buckle Corp $0.38 EPS vs $0.32 est.(BKS) Barnes & ...
Read Full Story »