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Daily Archives: November 12, 2008

Intel

Tech Holiday Gets Bleak: Intel (INTC) Warns On Q4 (AAPL)(DELL)(HPQ)(RIMM)(BBY)

Posted: November 12, 2008 at 6:16 pm

It is rare when a company warns about its Q4 numbers on November 12. That made Intel's (INTC) announcement about the final quarter of the year all the more shocking. ...
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Data_2

Most Overpaid CEO Of The Day: Vikram Pandit Of Citigroup (C)

Posted: November 12, 2008 at 6:05 pm

Citigroup (C) investors have been remarkably patient with relatively new CEO Vikram Pandit. But, the company's shares traded under $10 today. The stock has not been that low since 1995. ...
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Crocs_logo

Grim Reaper Wearing Crocs (CROX)

Posted: November 12, 2008 at 5:18 pm

CROCS Inc. (NASDAQ: CROX) is a story of the good, the bad, and the fugly.  The maker of ugly fad shoes reported earnings after the close, which technically were no ...
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Applied Materials, An Upside Surprise, And Layoffs (AMAT)

Posted: November 12, 2008 at 4:17 pm

Applied Materials Inc. (NASDAQ: AMAT) managed to close at what looks to be a decade low, and it was right under $10.00 ahead of earnings. The semiconductor capital equipment giant ...
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Ford1

Congress To Consider $25 Billion Auto Loan Which Bush Will Veto

Posted: November 12, 2008 at 3:28 pm

The lame duck members of Congress are trying to get out of town. Their boxes are packed and they are leaving to join law firms in their old districts. Other ...
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Burningmoney_2

As Market Plunges, Major Stocks Fall Under $10 (Part 2) (LTD, OMTR, RSH, RGS, SCOR, LUV, SBUX, WFMI)

Posted: November 12, 2008 at 2:53 pm

It has been almost impossible for most stocks to avoid the carnageand mayhem of late.  It is interesting just how many widely held stocks have broken under the $10.00 share ...
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Burningmoney_3

As Market Plunges, Major Stocks Fall Under $10 (AEO, BCS, C, GLW, DRYS, IPAR, IPCS, LULU)

Posted: November 12, 2008 at 2:50 pm

The market message has been the same for the entire last week.  Carnage and mayhem.  But what is interesting is how many household companies and how many widely held stocks ...
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Applied_materials_logo

Applied Materials Decade-Long Earnings Concern (AMAT)

Posted: November 12, 2008 at 1:28 pm

Imagine being the number one semiconductor capital equipment stock in the U.S., and finding your stock trading at a ten-year low.  That is essentially the case for Applied Materials Inc. ...
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In the Land of Duh!: Moody’s Downgrades Las Vegas Sands (LVS)

Posted: November 12, 2008 at 12:59 pm

Moody's had had the corporate debt ratings of Las Vegas Sands Corp.(NYSE: LVS) on review for possible downgrade since mid-July.  Just today, the debt ratings agency announced that it has ...
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Treasury_2

Paulson Competely Changes Bailout Plan Without Asking Congress

Posted: November 12, 2008 at 11:09 am

Hank Paulson almost completely changed the goals of the Treasury's $700 billion bailout plan. He did so without checking with Congress which appropriated the funds and wanted to check in ...
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The Gathering Storm: The Human Face Of The Growing Financial Disaster

Posted: November 12, 2008 at 10:48 am

At the beginning of every alarming recession the questiongets raised whether this one is the next "Great Depression".The answer is "yes" for the millions of people who have lostjobs and ...
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Goog

Could Google (GOOG) Drop To $250? (AAPL)(BBY)(DELL)(HPQ)(YHOO)

Posted: November 12, 2008 at 10:06 am

Over the last year, Google's (GOOG) shares have dropped from $724.80 to just above $300. There is an argument to be made that they could go much lower, perhaps down ...
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Nrg_logo

Utilities Gone Gladiator (EXC, NRG)

Posted: November 12, 2008 at 9:39 am

On Monday, NRG Energy (NYSE:NRG) management rejected an unsolicited buyout offer from Exelon (NYSE:EXC) that would have exchanged one share of NRG for 0.485 shares of Exelon. Exelon probably didn't ...
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Penn West Posts Big Numbers on Hedging Gains (PWE)

Posted: November 12, 2008 at 9:34 am

Penn West Energy Trust (NYSE:PWE) this morning reported third quarter revenues of $1.235 billion and earnings per diluted unit of $2.73. The company stated that the quarterly net income of ...
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Ibm_logo_nyc

IBM Venturing Into Broadband Over Power Lines (IBM)

Posted: November 12, 2008 at 8:51 am

IBM (NYSE: IBM) is going into a new initiative, which is actually an old initiative which had been thought of as dead on arrival: Broadband Over Power Lines.  Big Blue ...
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