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Daily Archives: September 3, 2008

Msft

Microsoft (MSFT) Cuts Xbox Price, Damns Nintendo

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 ...
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Angrybear

Corning’s (GLW) Broken Glass

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 ...
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Health Care REIT Raising Cash (HCN, SRZ)

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 ...
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Sad_clown

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

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 ...
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Ipcm_logo_2

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

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 ...
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Gm20jpeg20image_2

GM’s (GM) Less Bad August

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 ...
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Refinery_pic

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

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 ...
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Ford1

Ford (F) Hits Its Worst Case Scenario

"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 ...
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IPO Withdrawal: Codexis (PFE)

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 ...
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Uncle_sam

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

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 ...
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House

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

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 ...
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95129c

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

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...) ...
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Lojack_logo

LoJack Approval May Reignite Revenue Growth (LOJN)

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 ...
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Gm20jpeg20image

GM (GM) Doubles Down

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 ...
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Unemply

At Least CostCo (COST) Is OK

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 ...
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