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Daily Archives: May 13, 2009

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Virtualization War: Oracle/Sun & VI Acquisition vs. VMware & Microsoft (ORCL, JAVA, MSFT, VMW, EMC)

Posted: May 13, 2009 at 4:30 pm

Oracle Corp. (NASDAQ: ORCL) is already in the process of acquiring Sun Microsystems Inc. (NASDAQ: JAVA).  This morning came an announcement that Oracle was buying a private company called VirtualIron.  ...
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Whole Foods Unexciting, Yet Perhaps Enough (WFMI)

Posted: May 13, 2009 at 3:20 pm

Whole Foods Market, Inc. (NASDAQ: WFMI) has reported its quarterly earnings at $0.19 non-GAAP EPS and $1.86 billion in revenue.  Thomson Reuters had consensus estimates of $0.18 EPS and $1.87 ...
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Karmazin Gives Up 30 Million Share Options (SIRI)

Posted: May 13, 2009 at 2:29 pm

SIRIUS XM RADIO INC. (NASDAQ: SIRI) submitted an SEC Filing today noting a significant forfeiture on the surface.  CEO Mel Karmazin voluntarily forfeited an aggregate of 30,000,000 non-qualified options to ...
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Analyzing Whole Foods Earnings, Post-Double (WFMI, KR, SWY, WMT)

Posted: May 13, 2009 at 1:48 pm

Whole Foods Market, Inc. (NASDAQ: WFMI) is set to report earnings after the close of trading today.  We have Thomson Reuters targets of $0.18 EPS and $1.87 billion in revenue.  ...
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PG&E Bringing Solar Power For 530,000 Homes (PCG, CVX, MS, BP, STO)

Posted: May 13, 2009 at 1:02 pm

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), has entered into a series of contracts with BrightSource Energy, Inc.   While we consider most individual projects essentially ...
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Many Biotechs Barely On Life Support (BPAX, CEGE, EPIX, IDMI, LJPC, NRGN, NFLD, TPTX)

Posted: May 13, 2009 at 11:31 am

We have run a watch list of companies under their own strategic review, and the number of biotech (or grouped with biotech) stocks under this description is just staggering.   We ...
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The Stress Test Placebo

Posted: May 13, 2009 at 10:51 am

The results are meaningless, which is why the market loves them. By Nancy Miller of The Big Money The stress tests on the country's biggest banks sparked a new round ...
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California Home Prices Plunge, And State Faces Need For US Aid

Posted: May 13, 2009 at 10:29 am

The RealtyTrac reports that one in every 138 housing units in California received a foreclosure notice last month. Foreclosure activity in the state is up 42% from April of last ...
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Oil Inventories Starting To Back Off (USO)

Posted: May 13, 2009 at 9:51 am

Oil has just seen its first drop in inventories from the DOE in what feels like many weeks.  The DOE reported that weekly inventories fell by -4.7 million barrels in ...
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GM At $1.00, DJIA and S&P 500 Index Issues (GM)

Posted: May 13, 2009 at 9:21 am

It was just yesterday that shares of General Motors Corporation (NYSE: GM) went to the lowest price since 1933.  Shares were around $1.15 on that alert.  It has become even ...
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GT Solar Misses By a Mile (SOLR, SPWRA, WFR, AMAT)

Posted: May 13, 2009 at 8:36 am

GT Solar International, Inc. (NASDAQ:SOLR) makes the equipment that other companies use to manufacture photovoltaic solar panels. Thus, when the solar panel makers are suffering, so is GT Solar.  The ...
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Is The U.S. “AAA” Rating Really At Risk?

Posted: May 13, 2009 at 8:09 am

If you have ever seen a market get spooked or wanted to see something cause a stir, imagine if the U.S. government's prized "AAA" rating was at risk.  That is ...
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At Cliffs, Everybody Sacrifices in Prosperity (CLF, ANR, FCL)

Posted: May 13, 2009 at 7:51 am

In the wake of a poor first quarter report, iron ore producer Cliffs Natural Resources Inc. (NYSE:CLF), formerly known as Cleveland-Cliffs, has tightened its belt and the belts of all ...
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Retail Sales Drop As Import Prices Rise

Posted: May 13, 2009 at 7:46 am

Equity futures just tanked on economic reports coming in worse than expected.  Retail sales for the month of April were  -0.4%, which is worse than the +0.1% that economists were ...
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Top 10 Analyst Upgrades & Downgrades (ANF, CE, FLEX, FCL, HD, HMIN, LNC, MRO, OSG, SON)

Posted: May 13, 2009 at 6:27 am

These are ten of the top analyst upgrades and downgrades from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens for ...
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