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Daily Archives: April 21, 2009

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IPO FILING: Ellora Energy (LORA)

Posted: April 21, 2009 at 4:29 pm

Ellora Energy Inc. has just joined the line of possible initial public offerings.  While no IPO terms were listed, it does plan to sell up to $100 million in securities ...
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Amazon Gets Deeper Into Media Downloads (AMZN)

Posted: April 21, 2009 at 3:58 pm

Amazon.com, Inc. (NASDAQ: AMZN) is getting further into the media download game.  The online retail aggregator and seller of books, CDs, and DVDs has announced that its customers can now ...
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Seagate Gets Used To Losses (STX, WDC)

Posted: April 21, 2009 at 3:39 pm

Seagate Technology (Nasdaq: STX) posted its fiscal third quarter earnings, with non-GAAP EPS coming in at -$0.56 EPS on $2.15 billion in revenues.  Estimates from Thomson Reuters were -$0.45 EPS ...
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Yahoo! (YHOO) Sneaks By The Hangman, A Little Slip In Q2 Could Push Firm To Only Break Even

Posted: April 21, 2009 at 3:33 pm

Yahoo! (YHOO) did not do well in the first quarter, but it did not do as badly as feared. EPS for the period were $.08, which is what the market ...
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AMD Plays Confusion Game (AMD)

Posted: April 21, 2009 at 3:23 pm

Advanced Micro Devices Inc. (NYSE: AMD) has posted non-GAAP earnings of -$0.66 EPS (including -$0.04 impact) on revenues of $1.177 billion, flat sequentially and down some 21% year over year.  ...
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SanDisk Embraces ‘Less-Bad’ Notion (SNDK)

Posted: April 21, 2009 at 3:10 pm

SanDisk Corp. (NASDAQ: SNDK) reported earnings of -$0.48 in non-GAAP EPS on a 22% revenue decline to $659 million.  Estimates from Thomson Reuters were -$0.76 EPS on $537.7 million in ...
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$1 Trillion Public Private Partnership Investment Program In Trouble (JPM)

Posted: April 21, 2009 at 12:13 pm

It seems that when Congress is not in session that there is at least some peace, some tranquility, and some notion of what the rules of the great financial game ...
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Geithner Say “Vast Majority” Of US Banks Have Surplus Capital, But Which Ones Don’t?

Posted: April 21, 2009 at 11:39 am

In his hide-and-go-seek testimony before the Congressional Oversight Panel, Secretary of the Treasury Geithner said that the "vast majority" of banks have more capital than they need.  He did not ...
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Jefferies, Proving To Be Rainmakers’ Alternative (JEF, BAC, GS)

Posted: April 21, 2009 at 10:46 am

Jefferies Group Inc. (NYSE: JEF) has started to be viewed as one of Wall Street's beneficiaries of all the financial turmoil.  It isn't that the company is immune to the ...
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Pressure on Uranium Prices, Real or Not? (CCJ, URRE, DNN, NLR)

Posted: April 21, 2009 at 10:38 am

Because there is no real established exchange for buying and selling uranium, the workings of the uranium mining business is pretty much as mysterious to most of us as the ...
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The Four Biggest Enviro-Scams

Posted: April 21, 2009 at 10:01 am

Green claims that make us see red. By Amy Tennery of The Big Money In greenwashing, as in life, there are seven sins. There's the sin of the hidden trade-off, ...
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IMF Joins List Of Those Saying Banks Need More Capital

Posted: April 21, 2009 at 9:14 am

Each time the IMF looks at the global banking industry, its pessimism grows. Its concerns have risen so sharply in the last four months that it now believes that major ...
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The Silver Lining of Lower DJIA Earnings (CAT, KO, DD, IBM, MRK, UTX)

Posted: April 21, 2009 at 8:52 am

There have been some pretty poor reports on earnings from DJIA components such as Caterpillar Inc. (NYSE: CAT), The Coca-Cola Company (NYSE: KO), EI DuPont de Nemours & Co. (NYSE: ...
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Another Oilfield Services Firm Falters (BJS, HAL, WFT, SLB)

Posted: April 21, 2009 at 8:48 am

This is turning into a lousy week for oilfield services company. Today's really downbeat earnings report from BJ Services Co. (NYSE:BJS) follows on yesterday's weak reports from Halliburton Co. (NYSE:HAL) ...
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Internet Growth Walks Out On The New York Times (NYT)

Posted: April 21, 2009 at 8:12 am

If print advertising revenue had been down and Internet revenue up, there would have been some hope that The New York Times (NYT) was making a modestly successful transition online. ...
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