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Daily Archives: January 28, 2008

Analyst Goes More Conservative Ahead of SanDisk Earnings (SNDK)

Posted: January 28, 2008 at 9:50 am

SanDisk Corp. (NASDAQ: SNDK) reports earnings after today's close and estimates from First Call are $0.64 EPS on $1.27 Billion in revenues. Interestingly enough, American Technology Research analyst Doug Freedman ...
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If MercadoLibre Is Already Selling Stock, Should You Buy? (MELI)

Posted: January 28, 2008 at 9:25 am

MercadoLibre (NASDAQ: MELI) filed to sell up to $292,140,000 in common stock after the close of trading on Friday via JPMorgan and Merrill Lynch.  The problem isn't that this will ...
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More Joy For McDonald’s (MCD) Shareholders

Posted: January 28, 2008 at 8:08 am

Revenue at McDonald's (MCD) rose 6% in the fourth quarter to $5.754 billion. Operating income jumped 22% to $1.355 billion.Asia/Pacific, Middle East and Africa delivered quarterly results driven by an ...
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Alliance Data (ADS) Deal Falls Apart

Posted: January 28, 2008 at 7:54 am

Shares of Alliance Data (ADS) are trading off 42% before the open. The Blackstone Group (BX) and Aladdin Solutions have informed Alliance Data that they do not anticipate the condition ...
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Pre-Market Stock News (January 28, 2008)

Posted: January 28, 2008 at 7:54 am

Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won't be satisfied to complete the merger; stock trading down close to 40%.American Express (AXP) reports earnings today with ...
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Top 10 Pre-Market Analyst Calls (CAT, EMN, GIS, K, GNTX, MEDX, MRK, N, NE, PLT, WAG)

Posted: January 28, 2008 at 7:22 am

These are not the only analyst calls impacting stocks pre-market, but these are the top calls that 247WallSt.com is focusing on:Caterpillar (NYSE: CAT) raised to Outperform at Bear Stearns.Eastman Chemical ...
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Europe Markets 1/28/2008 (BP)(BHP)(SI)

Posted: January 28, 2008 at 6:35 am

Market in Europe were off sharply at 6.30 AM New York time.The FTSE sold down 2.1% to 5,749. BP (BP) was off 3.4% to 519.5. BHP Billiton (BHP) was down ...
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Sears (SHLD) Sacks Its CEO, Lampert Lays Off Blame

Posted: January 28, 2008 at 6:16 am

Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together two weak retailers, Sears and K-Mart, to try to make ...
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Cisco (CSCO) Goes After Sun (JAVA)

Posted: January 28, 2008 at 6:05 am

Cisco (CSCO) is launching a new line of products to serve big corporate data centers. According to The Wall Street Journal "the networking giant says its Nexus Series of products ...
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Sony-Ericsson’s New Music Store (NOK)(AMZN)(AAPL)

Posted: January 28, 2008 at 5:57 am

Big handset company Sony-Ericsson is launching its own music store following about a billion other companies into the business of selling digital songs to owners of portable multimedia devices. That ...
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Do The Countrywide (CFC) Bond-Holders Take Bank Of America (BAC) To Court?

Posted: January 28, 2008 at 5:50 am

As far as anyone knows, Bank of America (BAC) is buying Countrywide Financial (CFC). The CFC stock price would indicate that the market has its doubts about whether the deal ...
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Countrywide (CFC): Make Mozilo Take His Comp

Posted: January 28, 2008 at 5:40 am

Angelo Mozilo, America's favorite CEO, the head of train-wrecked mortgage-bank Countrywide Financial (CFC) has elected to pass on his pay package. According to The Wall Street Journal, Moz "is giving ...
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Media Digest 1/28/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: January 28, 2008 at 4:14 am

According to Reuters, gaps in controls at Societe Generale allowed a junior trader to make at $73 billion losing bet on European shares prices.Reuters writes that Countrywide's (CFC) CEO will ...
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Asia Markets 1/28/2008 (SNE)(TM)(LFC)(PTR)

Posted: January 28, 2008 at 3:50 am

Markets in Asia fell sharply. The Nikkei traded down 4% to 13,088. Sony (SNE) fell 4.5% to 4880. Toyota (TM) fell 4.1% to 5,340.The Hang Seng fell 4.3% 24,054. China ...
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