Quantcast

Monthly Archives: April 2009

sunset16

Asian Markets And Europe Open 4/21/2009

Posted: April 21, 2009 at 2:21 am

Markets in Asia were mostly lower. The Nikkei fell 2.4% to 8,711. The Hang Seng was off 2.9% to 15,289. The Shanghai Composite fell .9% to 2,536 In Europe, the ...
Read Full Story »

TI Sets Earnings Benchmark For Broadcom (TXN, BRCM)

Posted: April 20, 2009 at 3:43 pm

Texas Instruments Inc. (NYSE: TXN) came in with its earnings of $0.01 EPS and $2.09 billion in revenue.  Thomson Reuters had estimates at -$0.03 EPS on $1.9 billion in sales.  ...
Read Full Story »
blue-hills6

IBM (IBM) Shows How It’s Done

Posted: April 20, 2009 at 3:25 pm

IBM (IBM) has a standout quarter which would be a surprise except that it happens so often. The firm reported first quarter 2009 EPS of $1.70 per share compared with EPS of $1.64 ...
Read Full Story »
winter12

Dell (DELL): Big Loser In Oracle (ORCL) Buy-Out Of Sun (JAVA)

Posted: April 20, 2009 at 1:26 pm

Oracle (ORCL) is in the server business now. So are IBM (IBM), Cisco (CSCO), and Hewlett-Packard (HPQ), but those four companies are fairly evenly matched. HP has annual revenue of ...
Read Full Story »
pepsi-logo

If Coke Follows Pepsi’s Bottling Roll-Up (PEP, PAS, PBG, KO, COKE, CCE, KOF, CCH

Posted: April 20, 2009 at 10:32 am

This morning's news of Pepsico Inc. (NYSE: PEP) offering to acquire bottling affiliates PepsiAmericas Inc. (NYSE: PAS) and Pepsi Bottling Group Inc. (NYSE: PBG) may be a surprise to some, ...
Read Full Story »

The Media’s Lost Generation

Posted: April 20, 2009 at 9:42 am

By Lesley M. M. Blume of The Big Money Last month, a media executive met with a headhunter to plan his next career move. With years of experience at a ...
Read Full Story »
money-stack-image41

Fertilizer Maker Makes Final Plea for Merger (AGU, CF, TRA)

Posted: April 20, 2009 at 9:07 am

Tomorrow's the day that fertilizer maker Agrium Inc. (NYSE:AGU) will find out if its offer for competitor CF Industries Holdings, Inc. (NYSE:CF) is too good for shareholders to refuse. Agrium ...
Read Full Story »
money-stack-image39

TCF Joins In Sending Back TARP Money (TCB)

Posted: April 20, 2009 at 9:00 am

TCF Financial Corporation (NYSE: TCB) has received approval from the U.S. Treasury to pay back TARP money it received.  The bank will repurchase all of its 361,172 outstanding shares of ...
Read Full Story »
solar-panel-pic5

Trina Solar Grabs Business in Germany (TSL, JASO, LDK)

Posted: April 20, 2009 at 8:40 am

Chinese solar PV maker Trina Solar Limited (NYSE:TSL) has signed a deal with three different German solar customers to deliver about 42 megawatts of photovoltaic modules in 2009. The announcement ...
Read Full Story »

Citi Upgrades Amazon.com (AMZN) to Buy; Raises Price Target

Posted: April 20, 2009 at 8:31 am

Citi upgrades Amazon.com (Nasdaq: AMZN) from Hold to Buy. Price target increased from $65 to $97. The Citi analyst highlights 3 Reasons To Buy AMZN - 1) Potentially faster than ...
Read Full Story »
power-lines-image

GE-Cisco-FPL Take On Smart Grid & Efficiency (GE, CSCO, FPL)

Posted: April 20, 2009 at 8:31 am

General Electric Co. (NYSE: GE), Cisco Systems, Inc. (NASDAQ: CSCO) and FPL Group Inc. (NYSE: FPL) are all over the media today about an event with the Miami, Florida, mayor  ...
Read Full Story »
oil-well-image2

McMoRan Does Not Strike Paydirt (MMR)

Posted: April 20, 2009 at 8:14 am

McMoRan Exploration Co. (NYSE:MMR) reported first quarter 2009 numbers this morning. The news was not good -- an EPS loss of -$0.90, more than double analysts' estimates of -$0.43, and ...
Read Full Story »
oil-well-image1

Halliburton, Weatherford Stumble (HAL, WFT, SLB, OIH)

Posted: April 20, 2009 at 7:52 am

Two of the largest oilfield services companies reported first quarter earnings today. Halliburton Company (NYSE:HAL) and Weatherford International Ltd. (NYSE:WFT) both came in close to analysts' estimates, but that doesn't ...
Read Full Story »

As Government Hands Out, Rand Rises

Posted: April 20, 2009 at 7:49 am

John Tamny of RealClearMarkets In her timeless book Atlas Shrugged, author Ayn Rand chronicled the fictional doings of many great industrialists who were dealing with the greedy hand of government, ...
Read Full Story »
money-stack-image38

SBA Raising Cash After Revenue Target (SBAC)

Posted: April 20, 2009 at 7:26 am

SBA Communications Corp. (SBAC) has made two announcements this morning which could have an impact on shareholders.  First, it  reaffirmed its March quarter revenue targets of $132.0 million  to $136.0 ...
Read Full Story »