Business

T. Boone Pickens: $100 Oil Coming

This morning CNBC hosted oil guru T. Boone Pickens for his oil outlook.  He thinks oil is going on up and he thinks within a year that you'll see $100 ...
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JP Morgan’s (JPM) No Where Quarter

JP Morgan (JPM) reported 2007 third-quarter net income of $3.4 billion, up from $3.3 billion in the third quarter of 2006. Earnings per share of $0.97 were up 5%, compared ...
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Media Digest 10/17/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, the Mortgage Bankers Association said that mortgage originations will fall next year to the lowest levels since 2000, forcing job losses for at least 30,000 more home ...
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Earnings Preview: JPMorgan Chase (JPM)

DJIA component and financial giant JPMorgan Chase (NYSE:JPM) is set to report earnings Wednesday morning before the open.  We have First Call estimates at $0.90 EPS & $16.6 Billion, but ...
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The Business Day In Global Warming (FPL, TSSP, LDK, JEF, AA, SOPW, WWAT)

Lazard Capital Markets gives a preview for earnings out of key solar companies this week.  First Solar was started with coverage by Pacific Growth Equities with a Neutral rating, and ...
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Pepsi Scores Tiger Woods For Gatorade (PEP)

PepsiCo's (NYSE:PEP) Gatorade unit has signed a collaboration with golf megastar Tiger Woods to develop Tiger-inspired sports performance beverages for athletes at all levels.  Tiger said in the release, “Gatorade ...
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McClatchy (MNI) Sees Brighter Future, Debt Pay-Down, Stock Says Otherwise

McClatchy (MNI) has just ended its investor conference call for the third quarter results. In the discussion of paying down debt, there was talk of selling land in Miami and ...
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24/7 Wall St.’s Take on Scripps & Media Break-Ups (SSP, BLC, TRB, JRC)

EW Scripps Co. (NYSE:SSP) is following the media trend of separating its operations into more pure play media sectors.  The good news here is that the valuable interactive unit will ...
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Solar Sector Earnings Preview (FSLR, SPWR, STP, CSIQ, ENER, ESLR)

If you follow solar stocks, you've probably seen Lazard Capital Markets covering the sector routinely.  Sanjay Shrestha, Managing Director and Senior Analyst of Alternative Energy & Industrials at Lazard Capital ...
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Interpreting Amgen Sales From J&J’s PROCRIT (AMGN, JNJ)

Shares of Amgen Inc. (NASDAQ:AMGN) are under bit of pressure this morning, although not from any direct news from the company itself.  Luckily for Amgen, much of the bad news ...
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Wells Fargo’s (WFC) Modest Quarter

Wells Fargo reported Q3 revenue of $9.85 billion was up $919 million, or 10 percent, from a year ago. The bank also reported record diluted earnings per common share of ...
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lululemon Feels the Yoga Love (LULU)

lululemon athletica, Inc. (NASDAQ:LULU) is seeing a surge in shares pre-market today.  The Yoga apparel and class operator raised its prior guidance.  lulu said its comparable store sales are now ...
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Oil Moves To $87 On Its Way To $100

Hand it to Al Gore. He was right about all of that energy consumption and fuel burning eating up the ozone and killing the planet. Now citizens will have to ...
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China Citic Bank Wants A Share in Bear Stearns (BSC)

Chinese officials confirmed and several media outlets reported that China's Citic Bank would like to buy a piece of Bear Stearns (BSC). Members of Congress will likely mount their soap ...
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Media Digest 10/16/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation's survey of its members shows retail sales ...
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