Lehman (LEH): Getting Ready For Good News
Lehman (LEH) will release its results tomorrow morning, a week ahead of schedule. Since the broker's stock was down 45% today and and almost 90% from its 52-week high, it ...Read Full Story »
Daily Archives: September 9, 2008
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Texas Instruments: “What Slowdown?” (TXN)
It appears that not everything is as bad in mobile and communications chipsets as everyone had thought. At least that is what the guidance from Texas Instruments Inc. (NYSE: TXN) ...Read Full Story »
FedEx Finally Likes Fuel Prices As Economy Weakens (FDX, UPS)
It looks like lower fuel prices are turning into net gains for transportation companies. Finally! FedEx Corporation (NYSE: FDX) has announced that it now expects to post earnings of $1.23 ...Read Full Story »
IPO FILING: China Time Share Media (CTSM)
China Time Share Media Co. Ltd has filed to raise up to $75 million in an initial public offering. The Chinese advertising service provider has applied to take "CTSM" as ...Read Full Story »
The 52-Week Low Club 9/10/2008 (LEH)(ASK)(WFR)(ESLR)(FWLT)
Lehman (LEH) -- Is it still solvent? Drops to $7.64 from 52-week high of $67.73.AK Steel Holding (AKS) Large stockholder sells part of holdings. Sells down to $33.05 from 52-week ...Read Full Story »
T. Boone Pickens Expects High Oil To Stay (CLNE)
CNBC's Maria Bartoromo interviewed oil magnate and billionaire T. Boone Pickens late this afternoon. Pickens noted that there is likely to be a demand increase if oil goes under $100, ...Read Full Story »
News From Oz: Oil Under $100
Before thinking oil is cheap again, don't get too excited. In electronic trading there was a print showing Brent Sea Crude back under $100.00 per barrel. While it was for ...Read Full Story »
3M Wants To Expand Alternative Energy & Water Efforts (MMM)
There were some interesting comments out of 3M Co. (NYSE: MMM) where CEO George Buckley was speaking to institutional investors and investment analysts about the company's core business operations. One ...Read Full Story »
SIRIUS Guidance Fails To Score (SIRI)
SIRIUS XM Radio (NASDAQ: SIRI) updated its earnings guidance now that the company has started its merger integration. There is news in here for the bulls and bears alike. The ...Read Full Story »
Lehman (LEH) Shareholders Panic
Lehman (LEH) is trading like United (UAUA) did yesterday. Panic has set in and the stock is off 30% to $10. The shares moved as low as $8.Rumors in the ...Read Full Story »
Upping Natural Gas Output Just In Time For Lower Prices (NFX, APA, APC, CHK, DVN)
Exploration and production companies have been loading up on natural gas assets in the US for the past several years, and now it looks like that might not have been ...Read Full Story »
Cardica Adding U.S. to E.U. & Japan Sales (CRDC)
A usually quiet Cardica, Inc. (NASDAQ: CRDC) is seeing a huge move in its stock today on strong upside volume. The company has won FDA marketing approval to sell its ...Read Full Story »
Signature Bank Defies Trends of Peers (SBNY)
Signature Bank (NASDAQ: SBNY) shares are doing something unusual, rallying on a secondary offering. On September 2, Signature announced that it was selling 3.5 million shares and would give underwriters ...Read Full Story »
24/7 Wall St. Most Overpaid CEO Of The Day: TW Telecom (TWTC) CEO Larissa Herda
TW Telecom (TWTC) lowered its guidance yesterday. Its shares were promptly downgraded by Citigroup and Merriman Curhan Ford.All of that caused TWTC shares to drop 14% to a 52-week low ...Read Full Story »
Day Trader Alert: UAL Corporation (UAUA)
UAL Corporation (NASDAQ: UAUA) is seeing a major volume surge right before the open. We are seeing already some 300,000 shares trade hands with a gain of 7% to $11.76. ...Read Full Story »
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