Quantcast

Daily Archives: October 30, 2007

Coca-Cola (KO) Shown Disrespect For Desani Water

Posted: October 30, 2007 at 9:40 am

Consumers International give out annual prizes for the world's worst products. Perhaps someone from Coca-Cola (KO) showed up a the award dinner to collect its prize. According to the AFP ...
Read Full Story »

EA To Reap Rewards From LucasArts (ERTS)

Posted: October 30, 2007 at 9:00 am

LucasArts and BioWare Corp. today announced that they have entered into an agreement to create an interactive entertainment product.  Normally we wouldn't cover this because both are private companies.  But ...
Read Full Story »

Finally, Merrill Lynch Announced the Inevitable (MER)

Posted: October 30, 2007 at 8:30 am

Merrill Lynch (NYSE:MER) has finally announced a part of the inevitable.  Stan O'Neal is retiring effective immediately, which we all know is a mutual resignation and firing after the worst ...
Read Full Story »

Qwest’s Mixed Results (Q)

Posted: October 30, 2007 at 8:16 am

Qwest Communications (NYSE:Q) has posted earnings at $1.08 EPS diluted and $1.15 basic EPS on revenues of $3.434 Billion.  While the earnings number sounds huge for an $8.00 stock, this ...
Read Full Story »

Apple (AAPL) Mac OS Sets Sales Record

Posted: October 30, 2007 at 7:42 am

Apple (AAPL) today announced that it sold (or delivered in the case of maintenance agreements) over two million copies of Mac OS X Leopard since its release on Friday, far ...
Read Full Story »

Smith & Wesson (SWHC) Take A Bullet, Down 25%

Posted: October 30, 2007 at 7:36 am

Smith & Wesson (SWHC) angered the earnings gods and its shares are down 25% before the open to $15.The gun company forecast second-quarter results below Wall Street's view, hurt by ...
Read Full Story »

Pre-Market Stock News (October 30, 2007)

Posted: October 30, 2007 at 7:34 am

(ADP) Automatic Data $0.45 EPS vs $0.43 est.(BEAV) BE Aerospace $0.48 EPS vs $0.41 est.; stock indicated up $1.00 pre-market.(CL) Colgate Polmolive $0.86 EPS vs. $0.85 est.(COCO) Corinthian Colleges $0.05 ...
Read Full Story »

Raise the Titanic (PRXI)

Posted: October 30, 2007 at 7:22 am

Premier Exhibitions Inc. (NASDAQ:PRXI) has issued a press release with a move for a salvage award for its Titanic recovery efforts via its wholly owned subsidiary RMS Titanic.  This motion ...
Read Full Story »

Vulture Investors Still Not Ready To Take On Mortgage Pools

Posted: October 30, 2007 at 7:00 am

Distressed debt investor TCW Group and hedge-fund firm Marathon Asset Management have begun looking at buying assets in the mortgage market. But, they have not moved in yet, as far ...
Read Full Story »

Pre-Market Analyst Calls (October 30, 2007)

Posted: October 30, 2007 at 6:51 am

ACTU raised to Outperform at JMP Securities.ATHN started as Neutral at Goldman Sachs.AYI raised to Outperform at Baird.DVW cut to Hold at Jefferies.FORM raised to Buy at Citigroup.GM raised to ...
Read Full Story »

Global IPO Activity Dropped In Q3, But Not In China

Posted: October 30, 2007 at 6:37 am

The number of Global Initial Public Offerings (IPOs) dropped by 22% in the third quarter compared with the second quarter of 2007, according to the quarterly Global IPO Report from ...
Read Full Story »

Sirius (SIRI) Reports, Subscribers Hit 7.7 Million

Posted: October 30, 2007 at 6:22 am

Analysts expected Sirius's (SIRI) revenue to hit $244 million, which would be a 46% improvement over the same quarter last year. EPS expectations are for a loss of $.08 compared ...
Read Full Story »

Under Armor (UA) Beats

Posted: October 30, 2007 at 6:17 am

As 24/7 Wall St. wrote yesterday, Under Armour (UA) was expected to see $0.34 EPS on $190.95 million revenues according to First Call's consensus estimates; and next quarter is also ...
Read Full Story »

P&G (PG) Reports

Posted: October 30, 2007 at 6:09 am

P&G (PG) announced net sales growth of eight percent to $20.2 billion for the quarter. Analysts were looking for $20.21 billion. Earnings per share were up 16 percent to $0.92 ...
Read Full Story »

Why The Fed Won’t Cut Rates

Posted: October 30, 2007 at 5:57 am

The two major reasons given in the media for the Fed to cut rates tomorrow are that fact that the stock market wants them to and that it might help ...
Read Full Story »