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Daily Archives: November 29, 2007

Bad News For Boston Scientific (BSX) As Abbott (ABT) Moves Closer To Stent Approval

Abbot Labs (ABT) is trying to get into the stent business. The market has been dominated by Boston Scientific (BSX) and Johnson & Johnson (JNJ). Stents are small mess implants ...
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Another Blow For Qualcomm (QCOM): Verizon Picks An Alternate

Verizon Wireless, a joint venture between Verizon (VZ) and Vodafone (VOD), announced that it would use so called Long Term Evolution for its 4G networks. The move is a huge ...
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The 52-Week Low Club (SHLD)

Cato Corp (CTR) Drop in Q3 numbers and poor guidance for Q4. Falls to $14.45 from 52-week high of $25.66.Mens Wearhouse (MW) Emperor has no cloths. Bad earnings. Drops to ...
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Sprint (S) Does Not Needs Its Old Management Back

Word from The Wall Street Journal is that the former Chairman of Sprint (S) would like to come back to the company as CEO. Tim Donahue, who had been CEO ...
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Dell (DELL) Gets Killed, Falls 7.5% After Hours

First Call has estimates at $0.35 EPS and  $15.34 Billion in revenues for Dell's (DELL) last quarter. For the January 2008 quarter Wall St. is expecting numbers to be $0.38 ...
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Wall St. Thinks Level 3 (LVLT) Is Worth $4.50

Level 3 (LVLT), the big communications company, had a tough quarter. It debt is still high. And, investors are getting angry.LVLT share trade at $3.37, down from a 52-week high ...
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Memo To Journal Register (JRC) CEO James W. Hall: Sell The Company Assets ASAP

The writing is on the wall now. Journal Register (JRC) is almost certainly worth less than its debt and market cap combined. The company's debt stands at $642 million as ...
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Freddie Mac Moves Into Value Investor Circle (FRE, FNM)

We won't rehash the credit malaise that has punished shares of Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM).  You've already seen it, heard it, felt it, and maybe lost money ...
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Wall St. Analysts See Sears (SHLD) As $150 Stock

According to Thomson/First Call, five analysts who cover Sears Holdings (SHLD) have a median price target on the company of $147. Their mean price target is $152.40. After poor earnings, ...
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Why All The Pumping On HearAtLast (HRAL)?

Almost every day someone named "Wild Bill" at TheCapitalReport.com sends out up-beat news on a small Canadian company called HearAtLast (HRAL). The information comes through an e-mail blast.HRAL puts out ...
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GDP Posts Best Growth In Three Years

Reuters is reporting that "Gross domestic product climbed at a revised 4.9 percent annual rate instead of 3.9 percent reported a month ago. It was the strongest quarterly growth rate ...
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Additional Pre-Market Stock News (November 29, 2007) (ENB, EEP, FRED, HNZ, LULU, MHS, MW, VSE, USBE, ULBI, VIP, SIGM)

Below is some of the other top summaries of news we haven't covered this morning:Enbridge Inc. (ENB) and Enbridge Energy Partners, L.P. (EEP) had a pipeline blow late yesterday that ...
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Bidz.com On The Offensive (BIDZ)

Shares of Bidz.com (BIDZ) are trading up 8% pre-market after it announced after yesterday's close that it was going to investigate possible wrongdoing by Andrew Left of Citron Research after ...
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TOP 10 Pre-Market Analyst Calls (CBEY, DHT, GM, IACI, LVLT, NOV, ONXX, PDCO, TWTC, TIVO)

These are not the only analyst calls that are impacting key shares today, but these are the top ten that 24/7 Wall St. is looking at as impact events on ...
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Can Dell Escape The Tech Earnings Trap (DELL)

Dell (NASDAQ:DELL) is set to report earnings after the close, and First Call has estimates at $0.35 EPS and  $15.34 Billion in revenues.  Its January 2008 quarter is expected to ...
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