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Daily Archives: August 19, 2008

Starbucks

Starbucks (SBUX): A Good Contrarian Investment

Posted: August 19, 2008 at 6:48 pm

It's been a tough run for contrarians. Badly beaten down companies facing overwhelmingly bearish negative market sentiment have continued to weaken: for now, the bearish masses have been right.Part of ...
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Saks (SKS) May Have Overly High Hopes For Its New York Flagship Store

Posted: August 19, 2008 at 6:44 pm

Luxury retailer Saks Inc. (SKS) today reported abysmal results, indicating that higher-end consumers are starting to feel the economic pinch as well. The company is betting that that its flagship ...
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H-P Scores a Punch (HPQ)

Posted: August 19, 2008 at 3:22 pm

Hewlett-Packard Co. (NYSE: HPQ) posted earnings of $0.86 EPS and $28 Billion revenues after today's close.  First Call had estimates at $0.83 EPS on $27.41 Billion in revenues.   As far ...
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The 52-Week Low Club 8/19/2008 (JCG)(CCJ)(FNM)(SIRF)

Posted: August 19, 2008 at 2:59 pm

J Crew Group (JCG) Analyst downgrade. Drops to $24.86 from 52-week high of $52.44.Cameco Corporation (CCJ) Bad profits. Down to $27.56 from 52-week high of $52.33Fannie Mae (FNM) Ongoing concerns ...
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As Shareholders Bleed To Death, Bank Of America (BAC) Honored For Environmental Commitment

Posted: August 19, 2008 at 2:51 pm

Why any bank which has undermined the value of its shares by poor management and taken billions of dollars in low-cost loans from the Fed would promote it environmental intiative ...
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Barnes & Noble’s (BKS) Future Leaves The Building

Posted: August 19, 2008 at 2:42 pm

Barnes & Noble's (BKS) online CEO left the company today. Marie J. Toulantis ran the part of the company on which its future is largely dependent. Call it a metaphor. ...
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Bracing for H-P Earnings: Did Its Dominance Peak? (HPQ, EDS, IBM, DELL)

Posted: August 19, 2008 at 11:35 am

Traders and investors alike are braced for the long awaited earnings out of Hewlett-Packard Co. (NYSE: HPQ) after today's close.  First Call has estimates at $0.83 EPS on $27.41 Billion ...
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Carlyle Chairman Retires (IBM)

Posted: August 19, 2008 at 10:32 am

Private equity giant The Carlyle Group has announced that Lou Gerstner will retire as Chairman of Carlyle and will become a senior advisor to its buyout funds in the U.S., ...
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Mot

Motorola’s (MOT) US Sales Slammed

Posted: August 19, 2008 at 10:10 am

Motorola's (MOT) share of the US cellphone market is falling fast. The NPD Group said overall sales of handsets from all manufacturers dropped 13% to 28 million in the second ...
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Energy Watch Part IV: Pipelines (DPM, BGH, APL, AHD, EPD, KMP)

Posted: August 19, 2008 at 9:11 am

Just looking at the drop in price for common units of pipeline master limited partnerships could lead one to believe the midstream business is going to hell in a handbasket. ...
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24/7 Wall St. Day-Trading Alerts (SPLS)(CNFT)(XFML)(JOSB)

Posted: August 19, 2008 at 8:59 am

According to VSInvestor, several stocks are moving this morning on large volume. Staples (SPLS) is off 9% on poor earnings. These are notes on China Techfaith (CNFT) hitting an all-time ...
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Fed

Annual Inflation Heads Toward 10%

Posted: August 19, 2008 at 8:26 am

The annual inflation rate in the US will be above 10% by the end of the year. Almost all the signs are pointing that way.The AP writes "The Labor Department ...
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Circuit City’s Turnaround Expert Still Under Schoonover, Big Mistake (CC)

Posted: August 19, 2008 at 7:59 am

Circuit City Stores, Inc. (NYSE: CC - News) has appointed director James A. Marcum as vice chairman of the company. In this new position, Marcum is expected to play a ...
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Target’s Earnings Beat, Marred by Cards & Economy (TGT)

Posted: August 19, 2008 at 7:39 am

Target Corp. (NYSE: TGT) has just come out with earnings at $0.82 EPS on $15.47 Billion in revenues versus First Call estimates of $0.76 EPS and $15.46 Billion in revenues.  ...
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24/7 Wall St. Most Overpaid CEO Of The Day: Amylin (AMLN) CEO Daniel M. Bradbury

Posted: August 19, 2008 at 7:04 am

Amylin (AMLN) CEO Dan Bradbury earned a base salary of almost $560,000 last year according to the company proxy. He will probably do as well in 2008.During the last twelve ...
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