Quantcast

Daily Archives: January 8, 2008

Microsoft (MSFT) And EU: Best Friends For Life?

Posted: January 8, 2008 at 8:02 pm

After all of the bile that has passed between the European Union and Microsoft (MSFT) over Redmond's monopolistic behavior in the region, the two may now be bedfellows.The European Commission, ...
Read Full Story »

Tata (TTM) In Tatters

Posted: January 8, 2008 at 7:25 pm

The credit default swaps market is turning on India's Tata Motors (TTM). Concerns are mounting that the company will bite off more than it can chew by buying Jaguar and ...
Read Full Story »

Regulators Beg Buffett To Get Into Bond Insurance

Posted: January 8, 2008 at 7:10 pm

Perhaps the fact that Berkshire Hathaway (BRK.A) got into the bond insurance business just as it was falling apart was not entirely due to the genius of Warren Buffett. According ...
Read Full Story »

The 52-Week Low Club (CFC)(ETFC)(C)(MER)(AMD)

Posted: January 8, 2008 at 4:00 pm

Countrywide Financial (CFC) Chapter 11 rumors, Denial does not help. Drops to $5.05 from 52-week high of $45.26.MBIA (MBI) Still plenty of panic left in the bond insurance world. Sells ...
Read Full Story »

The Recession Visits Ma Bell (T)

Posted: January 8, 2008 at 3:30 pm

AT&T (T) commented today that its consumer business was being hurt by a slow economy. Shares of AT&T and Verizon (VZ) have both done well this year due to strong ...
Read Full Story »

Is GE’s (GE) Comback Over?

Posted: January 8, 2008 at 3:15 pm

At mid-year, there was a great deal of excitement about the market's changing and positive impression of GE (GE). The shares had moved from under $34 to $42.15.The nice run ...
Read Full Story »

Share Collapse At E*Trade (ETFC)

Posted: January 8, 2008 at 3:00 pm

After a huge sell-off of Countrywide (CFC) shares that forced the company to deny it was in deep trouble, shares of another weak financial firm, E*Trade (ETFC) are off 20% ...
Read Full Story »

Countrywide (CFC) Denies Bankruptcy Rumors

Posted: January 8, 2008 at 1:35 pm

Shares in Countrywide Financial (CFC) were down about 25% to $5.76 on rumors that the mortgage company might have to declare Chapter 11.On denial of those rumors the stock is ...
Read Full Story »

Share Buybacks Not Slowing Everywhere (DELL, CSCO, MO, GE, TXN, GS, MSFT, PG)

Posted: January 8, 2008 at 11:20 am

As 2008 looks a more shaky year and one that the stock market looks like it is trying to price in a recession, there may be one victim: the share ...
Read Full Story »

The Myth Of The “Ultra-Mobile” Computer (INTC)(QCOM)(RIMM)

Posted: January 8, 2008 at 10:28 am

There is a good deal of excitement about the market for tiny computers. These would have keyboards about the size of a normal notebook but a four inch screen. They ...
Read Full Story »

AmTech’s Stake In the Ground on Intel (INTC, AMD)

Posted: January 8, 2008 at 10:22 am

Intel (NASDAQ: INTC) is being defended by American Technology Research ("AmTech") on recent weakness today.  This isn't just a "reiterated Buy" rating (even if it is "reiterated Buy") as the ...
Read Full Story »

Google (GOOG) Search Share Hits High As Microsoft (MSFT) Stumbles

Posted: January 8, 2008 at 10:19 am

Microsoft (MSFT) may have to buy more search engine companies. Its share of the US search market dropped to just above 7% in December, down from 9.8% a year ago, ...
Read Full Story »

Pre-Market Stock Notes (January 8, 2008)

Posted: January 8, 2008 at 8:35 am

Bear Stearns' (BSC) Jimmy Cayne will be stepping down as CEO but remaining as Chairman according to multiple reports. Credence Systems (CMOS) $0.05 EPS & $97.7M revenues vs. $0.05/$105M est.; ...
Read Full Story »

Citigroup (C) To Cut 32,000, Sell Smith Barney?

Posted: January 8, 2008 at 8:30 am

One Wall St.analyst thinks Citigroup (C) will have to make some extreme moves to keep the bank running. Speaking to The Times of London, Meredith Whitney of CIBC said that ...
Read Full Story »

Baird on Banks (BAC, BBT, CMA, FITB, KEY, MI, MTB, PNC, STI, USB, WB, WFC)

Posted: January 8, 2008 at 8:28 am

ROBERT W.BAIRD has initiated mostly cautious coverage on Banks and Financials this morning.  Most are Neutral rated, although there are a few Outperform ratings in the coverage group. Here are ...
Read Full Story »