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Daily Archives: August 21, 2008

Angrybear_3

Gap (GPS) Still Drowning

Posted: August 21, 2008 at 3:43 pm

Gap's (GPS) earnings got a bit better, but the company is still coming apart at the seams.In the latest quarter, Gap revenue fell from $3.69 billion to $3.5 billion. Comparable ...
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Zumiez

Zumiez, Same Store Sales Down Now & Ahead (ZUMZ)

Posted: August 21, 2008 at 3:15 pm

Zumiez Inc. (NASDAQ: ZUMZ) was halted pending news into earnings.  The snowboarding (as well as skateboarding, BMX, and action sports) apparel and outdoor wear retail and apparel company posted $0.09 ...
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Sad_clown

The 52-Week Low Club 8/21/2008 (PLD)(CTIC)(TELK)(SPC)

Posted: August 21, 2008 at 2:51 pm

Spectrum Brands (SPC) No big news. Still falling after posting loss. Down to $1.67 from 52-week high of $6.20.Prologis (PLD) Company recently increased presence in Mexico, but no other news. ...
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Lehman_brothers

No Hostile Takeover Of Lehman (LEH)

Posted: August 21, 2008 at 1:57 pm

Speculation has begun that the shares in Lehman (LEH) are so cheap that the brokerage might become the target of a hostile takeover. Not likely.Dick Bove of Ladenburg Thalmann has ...
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Mot

Motorola’s (MOT) 24/7 Wall St. Worst Case Scenario Business Plan: Close The Handset Unit, License The Brand

Posted: August 21, 2008 at 12:40 pm

Motorola's (MOT) plan to spin-off its handset unit was set back further by the news that its domestic market share fell to 21% in the second quarter compared to 32% ...
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Morgan_stanley_logo_2

Morgan Stanley Launching ‘Frontier’ Emerging Market Fund (MS, FFD)

Posted: August 21, 2008 at 11:17 am

It looks like we are about to get a new frontier markets investment vehicle for investors to invest in "emerging-emerging markets" or "pre-emerging markets" depending on which you prefer for ...
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Coal_image_2

Coal Stocks Above 2007, But Valuation Risks Remain (ACI, BTU, CNX, FCL, MEE, KOL)

Posted: August 21, 2008 at 10:36 am

In the past 52-weeks, the stock price of five large coal companies has risen anywhere from 50% to nearly 250%. But that's still between 27% and 42% below annual highs ...
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Fanniemae

24/7 Wall St. Day-Trading Alert (FNM)(FRE)(UAUA)

Posted: August 21, 2008 at 9:04 am

VSInvestor has several volume and price alerts for early today. Fannie Mae (FNM) and Freddie Mac (FRE) are off again on higher-than-normal volume. Several airline stocks, with United (UAUA) out ...
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Solutia_logo

Solutia’s Second Secondary Comes At Deep Discount (SOA)

Posted: August 21, 2008 at 8:21 am

We have seen a secondary offering now priced out of Solutia Inc. (NYSE: SOA).  The company sold 10,714,284 shares of common stock at a price of $14.00 per share to ...
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Unemply

Jobless Figures For Dummies: Three Million More Unemployed

Posted: August 21, 2008 at 8:05 am

The latest jobless numbers are as complex as Einstein's Theory of Relativity.Leaving aside the fact that the govenment appears unable to turn out economic figures which are of any use ...
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Iaci_logo

IAC/Interactive’s Do or Die Date Has Come (IACI, IACID, HSNI, IILG, TKTM, TREE)

Posted: August 21, 2008 at 7:31 am

Today marks the break-up for IAC/Interactive, which trades asunder the IACI and IACID tickers after the August 11, 2008 record date.  IAC/Interactive is going to begin trading on a post-split ...
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Angrybear_2

24/7 Wall St. Most Overpaid CEO Of The Day: JDS Uniphase (JDSU) CEO Kevin Kennedy

Posted: August 21, 2008 at 7:13 am

JDS Uniphase (JDSU) announced it business fell to pieces in the last quarter. On a non-GAAP basis, the company said it would have earned $15.5 million, or 7 cents per ...
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Top Pre-Market Analyst Upgrades (AAUK, ACI, BBT, CETV, FCL, JKHY, MEE, WCG)

Posted: August 21, 2008 at 6:36 am

These are some of the top upgrades or positive calls we are seeing from analysts this Thursday morning:Anglo American (AAUK) Raised to Strong Buy at S&P (late Weds. call).Arch Coal ...
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Top Pre-Market Analyst Downgrades (AER, AGP, LEH, NVO, CRM, SNPS)

Posted: August 21, 2008 at 6:29 am

These are some of the downgrades or cautious analyst calls we are seeing this Thursday morning:AerCap (AER) Cut to Hold at Citigroup.Amerigroup (AGP) Started as Neutral at B of A.Lehman ...
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Angrybear

Airline Roulette: Industry Leader Sees More Failures (AMR)(DAL)

Posted: August 21, 2008 at 5:44 am

The head of the International Air Transport Association thinks that the plight of the airline industry will get worse before its gets better. He believes that losses among carriers could ...
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