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Daily Archives: November 10, 2008

Starbucks

Most Overpaid CEO Of The Day: Howard Schultz Of Starbucks (SBUX)

Posted: November 10, 2008 at 6:21 pm

A week or so ago Howard Schultz, the CEO of Starbucks (SBUX), said he thought he was seeing a bottom in his company's business. It must have been a mirage.Starbucks ...
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As Consumer Spending Worsens, Sears (SHLD) Moves In The Cross Hairs

Posted: November 10, 2008 at 5:52 pm

Consumer sentiment and consumer spending may be bad today, but according to a major new survey, they are going to get much worse over the next three months. Among the ...
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Worst Corporate Press Release Of The Day: Comerica

Posted: November 10, 2008 at 5:39 pm

For some reason the chief economist at Comerica still worries about how many weeks of pay it takes for the average American to buy a car. That is the same ...
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SIRIUS XM Gives Confusing Report (SIRI)

Posted: November 10, 2008 at 4:49 pm

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has just reported its first real earnings report since its full merger completions.  The satellite radio giant posted results which it only included in ...
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Starbucks, Cooling Coffee & Cooling Earnings (SBUX)

Posted: November 10, 2008 at 4:17 pm

Starbucks Corp. (NASDAQ: SBUX) has just reported earnings of $0.01 EPS (after $0.09 restructuring costs) on $2.5 billion in revenues  Thomson Reuters (First Call) had earnings consensus estimates at $0.13 ...
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Angrybear

Harvard President Says It’s Time To Tighten Belt

Posted: November 10, 2008 at 4:02 pm

Even the nation's oldest and richest university cannot escape the economic downturn.In a note to to almost everyone affiliated with the institution, President Drew Gilpin Faust said the the value ...
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Sad_clown

The 52-Week Low Club (GM)(C)(GS)(EBAY)(NT)(CC)(NYT)(TSCM)

Posted: November 10, 2008 at 3:56 pm

GM (GM) plunges on concerns about Chapter 11. Falls to $3.02 from 52-week high of $32.80.Citigroup (C) get caught in fears that big financials will have to raise more money. ...
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Southwest Looks Far Out To Mexico (LUV, CAL, XJT, AMR)

Posted: November 10, 2008 at 3:26 pm

Southwest Airlines Co. (NYSE: LUV) has announced its first efforts to go cross-border to our closest neighbor to the south. The discount airline carrier intends to build a codeshare partnership ...
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Starbucks Braces For Earnings (SBUX)

Posted: November 10, 2008 at 2:38 pm

Starbucks Corp. (NASDAQ: SBUX) is set to report earnings right after the close of trading today.  Unfortunately, it isn't expected to look that pretty.  To make matters worse, the report ...
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Siri

When Does Sirius (SIRI) Follow Circuit City (CC) And GM (GM) To The Bottom?

Posted: November 10, 2008 at 11:55 am

Circuit City (CC) and GM (GM) have effectively proved a point about the current economy and credit markets. Without substantial positive cash flow and operating earnings, raising money is nearly ...
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Pacific Ethanol Follows the Fold (PEIX, VSE, AVR)

Posted: November 10, 2008 at 10:41 am

Pacific Ethanol (NASDAQ:PEIX) reported third quarter numbers this morning and any resemblance to VeraSun and Aventine (NYSE:AVR) is purely familial. Pacific had revenue of $184 million, compared with analysts' estimates ...
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24/7 Wall St. Day Trading Alerts (STEM)(DRYS)(ACAS)(FDRY)(BRCD)(CYCL)(T)

Posted: November 10, 2008 at 10:15 am

Good news out of the sector is driving StemCells (STEM) up almost 20%. Details here. DryShips (DRYS) is spiking up on news of the China stimulus package. American Capital (ACAS) ...
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UPS & FedEx Losing DHL As Competition Via Layoffs (UPS, FDX)

Posted: November 10, 2008 at 10:03 am

DHL has announced that it was cutting 9,500 jobs as it discontinues air and ground operations within the United States.  DHL Express says that it will continue to operate between ...
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Uranium Resources, Imploding Nuke (URRE)

Posted: November 10, 2008 at 8:58 am

Before the market opened this morning, Uranium Resources Inc. (NASDAQ:URRE) announced revenue of $4 million for the third quarter and a net loss of $14 million (-$0.25 EPS) due to ...
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NRG Denies Exelon Ambitions (NRG, EXC)

Posted: November 10, 2008 at 8:47 am

About three weeks ago, NRG Energy Inc. (NYSE: NRG) received a buyout offer from Exelon Corporation (NYSE: EXC). The deal would have exchanged one share of NRG stock for 0.485 ...
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