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Daily Archives: October 16, 2007

24/7 Wall St.’s Take on Scripps & Media Break-Ups (SSP, BLC, TRB, JRC)

EW Scripps Co. (NYSE:SSP) is following the media trend of separating its operations into more pure play media sectors.  The good news here is that the valuable interactive unit will ...
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Is Google (GOOG) About To Ship G-Phone?

A UBS analyst has confirmed that Taiwanese handset manufacturer HTC will ship about 50,000 cell phones running on a mobile operating system made by the Mountain View, Calif.-based search giant ...
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Solar Sector Earnings Preview (FSLR, SPWR, STP, CSIQ, ENER, ESLR)

If you follow solar stocks, you've probably seen Lazard Capital Markets covering the sector routinely.  Sanjay Shrestha, Managing Director and Senior Analyst of Alternative Energy & Industrials at Lazard Capital ...
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Tech Earnings Trifecta: IBM, Intel, Yahoo! (IBM, INTC, YHOO)

It used to be that banks all grouped their earnings around each other.  We've already started seeing some of the big earnings come out, but today we have a major ...
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Interpreting Amgen Sales From J&J’s PROCRIT (AMGN, JNJ)

Shares of Amgen Inc. (NASDAQ:AMGN) are under bit of pressure this morning, although not from any direct news from the company itself.  Luckily for Amgen, much of the bad news ...
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Ericsson, A True Shocker For The Wireless Group (ERIC, NOK, MOT)

Ericsson (NASDAQ:ERIC) shares are being crushed pre-market after it issued an earnings warning.  It's been a long time since we saw a reaction in Ericsson shares like this, but shares ...
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Buffett Trims Some Rail Holdings (UNP, NSC, BNI, BRK-A)

It appears Warren Buffett may have cooled a bit toward the railroad sector.  An SEC filing Monday evening showed that Bekshire Hathaway (NYSE:BRK-A) trimmed a 10.5 million share stake of ...
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Apple (AAPL) To Ship New Operting System

In a move to take more market share from the PC companies Apple (AAPL) has shipped its latest operating systems. Leopard has more than 300 new features and introduces a ...
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Pre-Market Stock News (October 16, 2007)

(ANSV) Anesiva, Inc. trading up over 5% on thin volume after phase III met primary endpoints.(BSC) Bear Stearns may have stake from China CITIC.(CSX) CSX is under attack from The ...
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Wells Fargo’s (WFC) Modest Quarter

Wells Fargo reported Q3 revenue of $9.85 billion was up $919 million, or 10 percent, from a year ago. The bank also reported record diluted earnings per common share of ...
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lululemon Feels the Yoga Love (LULU)

lululemon athletica, Inc. (NASDAQ:LULU) is seeing a surge in shares pre-market today.  The Yoga apparel and class operator raised its prior guidance.  lulu said its comparable store sales are now ...
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Delta (DAL) Picks Up The Pace

Rising fuel costs did not kill off a good quarter for Delta (DAL).The airline's quarterly operating revenue of $5.2 billion for the September quarter was the highest in Delta's history.Net ...
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DH Horton (DHI) Gets Slaughtered

DH Horton (DHI) reported net sales orders for the fourth quarter ended September 30, 2007 of 6,374 homes ($1.3 billion), compared to 10,430 homes ($2.5 billion) for the same quarter ...
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Johnson & Johnson’s (JNJ) Good Quarter

Johnson & Johnson (JNJ) announced third-quarter sales of $15.0 billion, an increase of 12.7% as compared to the third quarter of 2006.Net earnings and diluted earnings per share for the ...
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Pre-Market Analyst Calls (October 16, 2007)

A raised to Overweight at JPMorgan.BIIB cut to Underperform at Piper Jaffray.BRCM raised to Buy at Citigroup.CTXS raised to Outperform at RBC.DPL started as Neutral at JPMorgan.ETN raised to Outperform ...
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