Quantcast

Daily Archives: September 3, 2008

Msft

Microsoft (MSFT) Cuts Xbox Price, Damns Nintendo

Posted: September 3, 2008 at 7:17 pm

Microsoft (MSFT) has decided that it would rather be the video game market share leader than make a buck at the business. Redmond cut the price of its Xbox 360 ...
Read Full Story »
Angrybear

Corning’s (GLW) Broken Glass

Posted: September 3, 2008 at 3:50 pm

Corning Inc (GLW). Chief Executive Wendell Weeks is on the hot seat with investors after the glassmaker lowered earnings guidance because of lower-than-expected shipments of LCD glass. Even bigger problems ...
Read Full Story »

Health Care REIT Raising Cash (HCN, SRZ)

Posted: September 3, 2008 at 3:18 pm

Health Care REIT, Inc. (NYSE:HCN) has filed to sell up to 6,000,000 shares of common stock in a secondary offering.  These shares of common stock to be sold are going ...
Read Full Story »
Sad_clown

The 52-Week Low Club 9/3/2008 (GLW)(FRX)(MDR)(ABX)(NOK)(AKAM)

Posted: September 3, 2008 at 3:07 pm

Corning (GLW) Revises forecasts down. Falls to $17.04 from 52-week high of $28.07.Forest Laboratories (FRX) Major drug plans go off track. Down to $29.81 from 52-week high of $43.38.McDermott International ...
Read Full Story »
Ipcm_logo_2

IPC The Hospitalist Takes 2008 Post-IPO Pole Position (IPCM, V, TITN)

Posted: September 3, 2008 at 1:43 pm

The new top dog among the IPO universe we follow for 2008 is now IPC The Hospitalist Company, Inc. (NASDAQ: IPCM).  Visa Inc. (NYSE: V) had been in that position ...
Read Full Story »
Gm20jpeg20image_2

GM’s (GM) Less Bad August

Posted: September 3, 2008 at 1:20 pm

GM (GM) did not lose 25% to 30% of its sales in August when the numbers were compared to last year. It was less bad than that. The company reported ...
Read Full Story »
Refinery_pic

Refining Cap-Ex, Shrinking or Being Diverted? (VLO, LEH, MRO)

Posted: September 3, 2008 at 12:22 pm

Valero Energy (NYSE:VLO) today released a presentation it will be making at the Lehman Brothers (NYSE:LEH) Energy and Power Conference later this week. The presentation put a bit of meat ...
Read Full Story »
Ford1

Ford (F) Hits Its Worst Case Scenario

Posted: September 3, 2008 at 11:38 am

"Worst case scenario" is a term used by people who have been out of business school for less that two years. It is a buffoon's way of saying that a ...
Read Full Story »

IPO Withdrawal: Codexis (PFE)

Posted: September 3, 2008 at 10:37 am

Codexis Inc. has filed with the SEC last night to withdraw its planned initial public offering.  Based in Redwood City, California, the company provides solutions for pharmaceutical chemical process development ...
Read Full Story »
Uncle_sam

The Mystery Of Urban Outfitters (URBN, AEF, ANF)

Posted: September 3, 2008 at 10:27 am

The most bizarre thing about the economic slowdown is the continued strength of Urban Outfitters Inc. (URBN).Not only is the Philadelphia-based retailer continuing to post impressive results but its stock ...
Read Full Story »
House

24/7 Wall St. Most Overpaid CEO Of The Day: Pier 1 (PIR) CEO Alex Smith

Posted: September 3, 2008 at 10:03 am

Pier 1 Imports (PIR) shareholders have been through a painful quarter. Stock in the company have dropped over 40% in the last 90 days.That got worse today. PIR said its ...
Read Full Story »
95129c

24/7 Wall St. Day-Trading Alerts (ABK)(MFE)(SNDA)

Posted: September 3, 2008 at 9:07 am

VS Investor posted several day-trade alerts. The first was for McAfee (MFE) which was hammered by analyst downgrades. Ambac (ABK) spiked up 20% on strong volume. (more...) ...
Read Full Story »
Lojack_logo

LoJack Approval May Reignite Revenue Growth (LOJN)

Posted: September 3, 2008 at 8:54 am

LoJack Corp. (NASDAQ: LOJN - News) may have seen some of the first positive news in some time, which will allow the company to migrate away from being reliant solely ...
Read Full Story »
Gm20jpeg20image

GM (GM) Doubles Down

Posted: September 3, 2008 at 8:43 am

GM (GM) likes its "employee pricing" incentives so much that it is going to extend them through the end of September and make them available on more models.Good new. Bad ...
Read Full Story »
Unemply

At Least CostCo (COST) Is OK

Posted: September 3, 2008 at 7:57 am

The first point most investors will make about CostCo's (COST) August revenue is that it came in under expectation.But, that would be to miss the point. A survey of analysts ...
Read Full Story »