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Daily Archives: November 26, 2007

Memo To Asian Investors

Posted: November 26, 2007 at 8:12 pm

Asia markets are likely to open lower based on a sharp fall in US financial shares and concerns about the dollar. ``With the U.S. performing so poorly, it can only ...
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E*Trade (ETFC): Wall St. Price Target Double Current Level

Posted: November 26, 2007 at 7:21 pm

A look at Thomson/First Call securities analyst ratings and price targets for E*Trade (ETFC) shows that, among eleven brokers surveyed, their mean price target is $10.64. The discount broker, which ...
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Analyst Calls On Countrywide (CFC) Still Way Off

Posted: November 26, 2007 at 7:07 pm

A look at a collection of analyst calls on Countrywide Financial (CFC) shows that the mean target share price for the company is still above any level that makes sense.CFC ...
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The 52-Week Low Club (C)(CFC)(ETFC)(WM)

Posted: November 26, 2007 at 4:02 pm

Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57.Countrywide Financial (CFC) Senator asks for probe ...
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A Troubling Look At Analyst Calls On Citigroup (C)

Posted: November 26, 2007 at 2:17 pm

After the beating that Citigroup (C) has taken and with all of the trouble that may still be ahead, investors would think securities analysts would have a negative outlook on ...
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$30 Critical For Citigroup (C)

Posted: November 26, 2007 at 2:07 pm

Citigroup (NYSE:C) has probably been covered to death, but the 5% drop and the flirt with $30.00 puts this one at a severe risk today.  The last time shares were ...
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A Wild Ride For Circuit City (CC)

Posted: November 26, 2007 at 11:39 am

Circuit City (CC) has been a dog of a stock for months. But, this morning the shares jumped to over $7 after running up Friday from a low of $5.57. ...
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24/7 Wall St. Turns A Year Old

Posted: November 26, 2007 at 11:02 am

24/7 Wall St. is a year old this week.  Over that period, we have filed over 8,700 stories, almost all of them written by in-house staff and we began to ...
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Punk Ziegel & Co Says Super SIV Fund May “Defraud Investors”

Posted: November 26, 2007 at 10:06 am

Citigroup (C), JPMorgan (JPM), and Bank of America (BAC) want to raise a fund worth $80 billion to make short-term loans to SIVs that do not currently have a market ...
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Stocks Under $10: Alvarion (ALVR)

Posted: November 26, 2007 at 9:54 am

Alvarion (ALVR) This company is a leader in building WiMax infrastructure. The shares trade at $9.60, down from a 52-week high of $15.21. An analyst writing in The New York ...
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This Week’s 24/7 Wall St. Media Newsletter

Posted: November 26, 2007 at 9:26 am

Attached it this week's edition of the 24/7 Wall St. Media Newsletter covering Martha Steward (MSO), McGraw-Hill (MHP), Cablevision (CVC), Motorola (MOT), and Gatehouse Media (GHS).If the information in the ...
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Hoku Shares Surge On Another Supply Award (HOKU, SOLF)

Posted: November 26, 2007 at 9:25 am

Shares of Hoku Scientific Inc. (NASDAQ:HOKU) are surging pre-market. The provider of clean energy products and technologies including polysilicon for the solar industry has announced that Solarfun Power Holdings' (NASDAQ:SOLF) ...
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Sears (SHLD) Offers $6.75 For Restoration Hardware (RSTO) In Bad Move

Posted: November 26, 2007 at 9:18 am

Sears (SHLD) has offered $6.75 a share for small retailer Restoration Hardware (RSTO). Given the headaches that Sears has, it is amazing the the company would take the time and ...
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Genlyte Buyout Price New All-Time Highs (GLYT, PHG, GE)

Posted: November 26, 2007 at 8:26 am

Genlyte Group Inc. (NASDAQ:GLYT) is seeing its shares surge pre-market.  Royal Philips Electronics (NYSE:PHG) is acquiring the manufacturer of residential and commercial lights and lighting fixtures in a deal valued ...
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CNBC Say Citigroup (C) Preparing For Huge Lay-Offs

Posted: November 26, 2007 at 8:22 am

CNBC says that a senior official at Citigroup (C) has said that the bank is preparing for huge lay-offs.Douglas A. McIntyre ...
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