Quantcast

Daily Archives: May 22, 2008

Yahoo!’s Board Defections Begin (YHOO, MSFT)

Posted: May 22, 2008 at 4:35 pm

Yahoo Inc. (NASDAQ: YHOO) submitted and SEC filing today after the close that Edward Kozel resigned from the board of directors.  This filing said he had originally intended to leave ...
Read Full Story »

NRG & Calpine: Insanity or Opportunistic? (NRG, CPN)

Posted: May 22, 2008 at 3:01 pm

After last night's disclosure and confirmation that NRG Energy, Inc. (NYSE: NRG) had sent a buyout offering letter to Calpine Corporation (NYSE: CPN), we wanted to let the dust settle ...
Read Full Story »

The 52-Week Low Club (GE) (EK)

Posted: May 22, 2008 at 2:19 pm

Dick's Sporting Goods (DKS) has weak profits. Share drop to $21.07 from 52-week high of $36.78.GE (GE) falls to $30.80 on general economic malaise. The company's 52-week high is $42.15.Blue ...
Read Full Story »

McDonald’s (MCD) Foots The Bill

Posted: May 22, 2008 at 1:51 pm

McDonald's (MCD) is taking a risk, but it may be a clever one. The world's largest fast food chain will absorb most of the rising prices of food commodities to ...
Read Full Story »

Google (GOOG) Grabs More Search Engine Share

Posted: May 22, 2008 at 11:10 am

Prospects in the search arena look more troubling for Yahoo! (YHOO) and Microsoft (MSFT) as each month passes.According to comScore, in April, Google (GOOG) picked up 1.8% more of the ...
Read Full Story »

Evergreen Solar (ESLR) Up 20%, Caveat Emptor

Posted: May 22, 2008 at 11:03 am

Evergreen Solar (ESLR) is trading up 20% to $10.86 on news that it signed $1 billion worth of contracts.The larger of the deals involved is with German-based Ralos Vertriebs GmbH ...
Read Full Story »

Ford (F) Falls On Its Sword

Posted: May 22, 2008 at 8:49 am

After over a year of saying it would make a profit in 2009, the new management at Ford (F) has given up the ghost. Once auto sales started to move ...
Read Full Story »

Goldman Sachs: Sirius & XM To Raise Capital (SIRI, XMSR)

Posted: May 22, 2008 at 8:04 am

Goldman Sachs has issued a research report noting that Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are likely going to need to raise capital.The note projects ...
Read Full Story »

OPEC Claims It Can Do Nothing About Oil Prices

Posted: May 22, 2008 at 7:01 am

Someone is not telling the truth about oil supply and demand. It appears to be the fellows over at OPEC.According to Bloomberg, Abdullah bin Hamad al-Attiyah, Qatar's oil minister said ...
Read Full Story »

Suntech Scores on Earnings (STP)

Posted: May 22, 2008 at 6:58 am

Suntech Power Holdings (NYSE: STP) has posted earnings ahead of expectations.  The earnings were $0.35 EPS and revenues rose 76% to $434.5 million; First Call estimates were  $0.28 and $378 ...
Read Full Story »

Top 10 Pre-Market Analyst Calls (AKAM, AEP, AAPL, BIDZ, CHINA, FMD, LVLT, PNRA, CRM, SPLS)

Posted: May 22, 2008 at 6:40 am

These are ten of the analyst calls we are focusing on this Thursday morning:Akamai Tech (NASDAQ: AKAM) cut to Sell at Goldman Sachs.American Electric Power (NYSE: AEP) Cut to Hold ...
Read Full Story »

Tearing The Guts Out Of The Sirius (SIRI) Merger With XM Satellite (XMSR)

Posted: May 22, 2008 at 5:52 am

Some of the fat cats in the Senate think that the Sirius Satellite (SIRI) merger with XM Satellite might be OK if the combined company would give up a large ...
Read Full Story »

As UBS (UBS) Gives Away The Farm, US Banks Look Very Expensive (C)(JPM)(GS)(MER)

Posted: May 22, 2008 at 5:36 am

UBS (UBS) had to raise money. The sins of its subprime addiction have come back to haunt it. US bank shareholders should shudder when they look at the pricing that ...
Read Full Story »

Blacking Out The Sun: Falling In Love With Filthy Fuel

Posted: May 22, 2008 at 5:06 am

The International Energy Agency, the most well-regarded oil-price think tank in the world, says it is now concerned with whether the global supply of oil will be adequate to meet ...
Read Full Story »

Pfizer (PFE): Stop Smoking And Go Insane

Posted: May 22, 2008 at 4:38 am

It looks like Pfizer’s (PFE) anti-smoking drug Chantix makes people kick the habit but at the same time can push them toward suicide or depression. It is a hard decision ...
Read Full Story »