Quantcast

Monthly Archives: April 2008

Garmin EPS Almost Bad GPS, But… (GRMN)

Posted: April 30, 2008 at 6:54 am

Garmin Ltd. (NASDAQ: GRMN) posted first quarter earnings that were off the mark.  The GPS leader posted a profit gain of 6% to $147.8 million, or $0.69 EPS, on revenues ...
Read Full Story »

Top 10 Pre-Market Analyst Calls (ANPI, BP, CBS, JRCC, WFR, SVVS, SNN, SOHU, KNOT, UA)

Posted: April 30, 2008 at 6:36 am

These are not the only analyst calls affecting shares today, but these are ten of the calls that we are focusing on this Wednesday morning:Angiotech Pharmaceuticals (NASDAQ: ANPI) raised to ...
Read Full Story »

GM (GM) Knocks One Out

Posted: April 30, 2008 at 6:22 am

GM (GM) revised its outlook for US car sales in 2008 down to 15 million. But, results moved the shares up 5%.GM revenue dropped less than 1% to $42.7 billion. ...
Read Full Story »

Dubai Pressures Europe

Posted: April 30, 2008 at 5:51 am

Dubai has told the EU that it will not sign any pacts which restrict how and where it will invest in the region. It considers the request a form a ...
Read Full Story »

Europe Markets 4/30/2008 (BCS)(SAP)(ALU)

Posted: April 30, 2008 at 5:46 am

Markets in Europe were down modestly.The FTSE fell .7% to 6,044. Barclays (BCS) was down 3.2% to 445.5.The DAXX was off .4% to 6,859. BMW was down 2.1% to 34.30. ...
Read Full Story »

Should The Feds Do More For Housing

Posted: April 30, 2008 at 5:38 am

The Chairman of the Federal Deposit Insurance Corporation says that the government is not doing enough to help the housing market.In a piece written for the FT by Sheila Bair, ...
Read Full Story »

Alcatel-Lucent (ALU): How Does Pat Russo Keep Her Job?

Posted: April 30, 2008 at 5:33 am

Alcatel-Lucent (ALU) hit the market with more bad news. For the quarter ended March 31, the company reported a net loss of €181 million, compared with an €8 million loss ...
Read Full Story »

Microsoft (MSFT): A Few Dollars For The Yahooligans

Posted: April 30, 2008 at 5:21 am

Microsoft (MSFT) may decide to pay $1.5 billion in payments to retain key employees at Yahoo!. (YHOO).According to Reuters "The $1.5 billion figure was discussed in a communication between the ...
Read Full Story »

Will Countrywide’s (CFC) Goon Squad Go To The Gallows?

Posted: April 30, 2008 at 5:13 am

The FBI appears to have uncovered some fraud in lending practices at Countrywide (CFC) and now the question is whether management knew. As Captain Renault said in a scene in ...
Read Full Story »

Citigroup (C): A Promise Broken

Posted: April 30, 2008 at 4:50 am

The promise from Wall St. firms was implied, not spoken. The heads of operations like Morgan Stanley (MS) and Merrill Lynch (MER) said that the worst was probably over in ...
Read Full Story »

Starbucks (SBUX): New Drinks For Coffee Haters

Posted: April 30, 2008 at 4:36 am

In a sign of self-loathing, Starbucks (SBUX) is turning to non-coffee drinks to rescue it. The coffee chain will begin selling smoothies and Italian iced drinks this summer. The firm ...
Read Full Story »

No Fed Rate Cut

Posted: April 30, 2008 at 4:22 am

In what may be the last great act of his presidency, George Bush is sending many Americans tax rebates. The checks began going out this week. Some households may get ...
Read Full Story »

Media Digest 4/30/2008 Reuters, WSJ, NYTime, FT, Bloomberg

Posted: April 30, 2008 at 2:51 am

According to Reuters, the Fed will probably cut rates and them pause for some timeReuters writes that senior financiers see the current economic situation as a recession on Main Street ...
Read Full Story »

Asia Markets 4/30/2008 (SNP)(HMC)

Posted: April 30, 2008 at 2:28 am

Markets in Asia were mixed.The Nikkei fell .3% to 13,450. Dentsu fell 4.4% to 239000. Honda (HMC) fell 3.8% to 3300.The Hang Seng fell .3% to 25,836. China Netcom (CN) ...
Read Full Story »

Yes, We Have No Bananas: Did Chiquita (CQB) and Del-Monte (FDP) Pick-Pocket Wal-Mart (WMT)?

Posted: April 29, 2008 at 5:20 pm

Fresh Del-Monte (FDP) came out with some pretty strong earnings today. Income climbed to $63.6 million, or $1 per share, compared with $51.6 million, or 89 cents per share a ...
Read Full Story »