Posts for Ticker ‘BA’

Today’s Best Market Rumors (11/19/2009) (BA)(AMTD)(MWW)(NWSA)(AAPL)

Updated throughout the day.

Update 12.50 PM EST:  Boeing (NYSE:BA) could lose a $7.5 billion order for fighter planes to Brazil if the US Senate does not confirm Obama’s nominee to be ambassador to the South American country  (Bloomberg)

Update 11.08 AM EST:  TDAmeritrade (NASDAQ:AMTD) may be buying E*Trade  (NASDAQ:ETFC)  (Omaha World Herald)

Goldman Sachs (NYSE:GS) has lost a large number of its most talented people to hedge funds. (Bloomberg)

The Apple (NASDAQ:AAPL) tablet PC launch date has been delayed until late 2010.  (Digitimes)

Monster.com (NASDAQ:MWW) may be taken over by News Corp (NASDAQ:NWSA) or Google (NASDAQ:GOOG)  (WSJ)

Blackstone’s (NYSE:BX) Pinnacle Brands may buy Birds Eye  (CNBC)

Sony (NYSE:SNE), Microsoft (NASDAQ:MSFT), and Nintendo are working on ways to keep market share as smart phones come after their market share.  (BusinessWeek)

Time Warner’s (NYSE:TWX) AOL is seeking to buy-out 2,500 employees as it is spun off by its parent. (various)

Citigroup (NYSE:C) may sell its auto lending group.  (NYPost)

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

For more information on Citi, Microsoft, Sony, and Google check the 24/7 Wall St 500.

Douglas A. McIntyre

Posted on: November 19, 2009 – 8:45 am in Rumors, , , , , , , , , , ,

Boeing (BA) Dreamliner Still Broken Along With Firm’s Management

airplaneBoeing (NYSE:BA) said it had encountered another problem with the final assembly of its Dreamliner in a cryptic press release from the company. The issue was discovered in the area where the plane’s wing meets its body. The discovery may only push back the time table for flight testing of the 787 for a brief time, but it is still an example of the poor engineering oversight that Boeing has exercised in the design and manufacturing of the plane. Read More »

Posted on: November 13, 2009 – 4:51 am in Aerospace, Airlines,

Media Digest 11/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   China’s economy may be hurt as its stimulus ends.

Reuters:   Warren Buffett says the financial panic is over.

Reuters:   Former bankers are considering buying failed banks.

Reuters:   The SEC is expected to go ahead with the Bear Stearns case. Read More »

Posted on: November 13, 2009 – 4:03 am in Press Digest, , , , , , , , , ,

Media Digest 10/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   China’s GDP rose 8.9% and the government said it would stick with its liberal monetary policies.

Reuters:   Larry Summers said the US recovery is on track.

Reuters:   More Americans will delay retirement.

Reuters:   Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOOG) set up real-time search deals with micr- blogging company Twitter. Read More »

Posted on: October 22, 2009 – 3:48 am in Press Digest, , , , , , , , , , , , ,

Today’s Best Market Rumors (10/21/2009) (TWX)(AAPL)(BKS)

newspaperUpdated throughout the day.

Updated at 1.11 PM EST:  Bank of America (NYSE:BAC) will sell First Republic for $1 billion.  (The Deal)

Updated 1.05 PM EST:  Google (NASDAQ:GOOG) may be teaming up with record labels to launch a music service  (Reuters)

Updated 1.00 PM EST: Credit Suisse says Orbitz (NYSE:OWW) may be a takeover target  (Barron’s)

Bank of America (NYSE:BAC) knew about Merrill Lynch losses as early as November.  (Bloomberg)

The new Barnes & Noble (NYSE:BKS) e-reader will run the Google (NASDAQ:GOOG) Android OS   (Ars Technica).

Apple (NASDAQ:AAPL) will soon release Mac OS X 10.6.2 (MacRumors)

Congressional officials want to talk to three banking officials in Massachusetts before continuing to pursue their investigation of the Bank of America (NYSE:BAC) buy-out of Merrill Lynch  (The Boston Globe)

Small online financial sites may soon be more valuable than Fortune Magazine (NYSE:TWX)  (The Deal)

The housing market may have bottomed (CNBC)

Douglas A. McIntyre

Posted on: October 21, 2009 – 9:16 am in Rumors, , , , , , ,

Boeing (BA) Earnings: Time For CEO Jim McNerney To Leave

airplaneFinancial results and news out of Boeing (NYSE:BAC) has been getting worse by the month as the company delay its new 787 and a revamped version of the 747.

Today Boeing released results for the third quarter and sharply cuts it forecasts.

While revenue rose 9% to $16.7 billion, the company lost $2.2 billion compared to a profit of $1.1 billion in the same period last year. EPS for the third quarter were ($2.23) compared to $.96 last years. Last year’s strike and supplier production problems reduced year-ago revenue by an estimated $2.1 billion and earnings by an estimated $0.60 per share. The current quarter’s revenue growth was not what it seemed. Read More »

Posted on: October 21, 2009 – 7:57 am in Aerospace, Earnings, Earnings Warning,

Media Digest (10/21/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   China is having trouble managing supply and demand.

Reuters:   Geithner said the core programs of the TARP are ending.

Reuters:   Yahoo! (NASDAQ:YHOO) tripled it profits.

Reuters:   Sun Microsystems (NASDAQ:JAVA) will cut 3,000 jobs due to delays in the Oracle (NASDAQ:ORCL) buyout of the company. Read More »

Posted on: October 21, 2009 – 4:08 am in Press Digest, , , , , , , , , , , , , , , , ,

The 100 Hardest Working Brands In The World

hersheyThere are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company.

24/7 Wall St. asked Corebrand, the brand research and consulting firm, to look at the top 100 brands based their contribution to market capitalizaton. Using this method, the hardest working brand was Hershey (NYSE:HSY), followed  by Coca-Cola (NYSE:KO) and Harley-Davidson (NYSE:HOG)

Corebrand described the process briefly to 24/7 Wall. St.

24/7 Wall St.: Corebard often refers to the brands on this list as the”hardest working brands”. How did you come to that description?

Corebrand: There are a lot of people measuring and examining the “strongest brands” or the “most valuable brands”.  Our opinion is that examining one without the other is somewhat meaningless.  How “strong” a brand is nice to know but not very relevant unless you understand how that strength benefits business.  Similarly, “value” is little more than a measure of corporate size unless you understand the drivers of that value and how to influence it. By examining the strength of the brand and it’s contribution to total market value, we can help companies and their leadership manage that strength and value over time.

24/7 Wall St.: Is there any advantage or disadvantage to having a brand value be a very large percentage of market cap in the present and as an indication of a company’s future performance?

Corebrand: The brand will need to be in balance with the rest of the company’s assets.  A company should strive to have it’s brand strong enough to fend off competitors or changing market conditions but not so strong that it becomes overly dependent on the brand as a single driver of value.  If a company can achieve and maintain its appropriate maximum strength without becoming over-dependent, it will see greater returns in bull markets and retain greater value in bear markets.

The list: Read More »

Posted on: October 20, 2009 – 5:06 pm in Research, Uncategorized, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

7 More DJIA Stocks on Earnings Deck (BA, MMM, AXP, T, MCD, MRK, MSFT, MO, HON)

NYSE Floor ImageWe have already run the 5 of the 30 DJIA components that reported earnings this morning.  But we still have 7 more of the 30 DJIA components reporting during the rest of this week alone.   The Boeing Company (NYSE: BA), 3M Company (NYSE: MMM), American Express Company (NYSE: AXP), AT&T, Inc. (NYSE: T), McDonald’s Corporation (NYSE: MCD), Merck & Co., Inc. (NYSE: MRK), and Microsoft Corporation (NASDAQ: MSFT) are all on the earnings docket this week.   We also have earnings from Altria Group, Inc. (NYSE: MO) and from Honeywell International Inc. (NYSE: HON), both of which are ex-DJIA components that many traders and investors still think of as Blue Chips.

We have created detailed earnings previews for each stock with consensus estimates from Thomson Reuters, as well as earnings data and color for what to watch out for where applicable.  Also included is how much each stock has rallied since June 30 and since the March 9 close that all traders mark as the low index closing date and the end of the death-spiral bear market we were in earlier this year.
Read More »

Posted on: October 20, 2009 – 11:38 am in Calendar, Earnings, , , , , , , , ,

Today’s Best Market Rumors (10/20/2009) (NWS)(NVDA)(BCS)

newspaperUpdated throughout the day.

Updated 12.33 PM EST: The CIA will start spying on social media activity  (CNET)

Updated 10.15 AM EST:  Oil could hit $175 a barrel by 2016 making oil-realted stocks a bad investment.  (Barron’s)

Bank of America (NYSE:BAC) and Barclays (NYSE:BCS) are refusing to trade with faltering hedge fund Galleon  (WSJ)

Former News Corp (NYSE:NWS) No. 2 Peter Cherin is advising Comcast (NASDAQ:CMCSA) on its bid to buy NBCU from GE (NYSE:GE)  (NYTimes)

Boeing (NYSE:BA) will post poorer-than-expected quarterly results (TheStreet.com)

Q4 GDP growth could jump to 5.5 %  (Forbes)

Google (NASDAQ:GOOG) can search Twitter tweets, even if they have security protection.  (Mashable)

As Galleon sells holdings to fund redemptions some of the stocks it holds could come under price pressure. These include Cisco (NASDAQ:CSCO), Dell (NASDAQ:DELL), Nvidia (NASDAQ:NVDA), and eBay (NASDAQ:EBAY)  (Barron’s)

Douglas A. McIntyre

Posted on: October 20, 2009 – 8:53 am in Rumors, , , , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (AMZN, BAC, BA, BSX, F, LEAP, PCS, SPR, UA, WEN)

These are this Tuesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls which we have seen early in the morning:

Amazon.com (NASDAQ: AMZN) Raised to Outperform at Oppenheimer.
Bank of America (NYSE: BAC) Raised to Outperform at RBC Capital Markets.
Boeing Co. (NYSE: BA) Cut to Underweight at Morgan Stanley.
Boston Scientific (NYSE: BSX) Cut to Market Perform at Wells Fargo.
Ford Motor Co. (NYSE: F) Raised to Equal Weight at Barclays.
Leap Wireless (NASDAQ: LEAP) Cut to Neutral at Goldman Sachs.
Metro PCS (NYSE: PCS) Cut to Neutral at Goldman Sachs.
Spirit Aerosystems (NYSE: SPR) Cut To Underweight at Morgan Stanley.
Under Armour (NYSE: UA) Started as Outperform at William Blair.
Wendy’s/Arby’s (NYSE: WEN) Cut to Neutral at UBS; Started as Neutral at Bank of America Merrill Lynch.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

Jon C. Ogg
October 20, 2009

Posted on: October 20, 2009 – 7:45 am in Analyst Calls, , , , , , , , , ,

The Criticism Of Wall St. Bonuses Continues…..

GeithnerSenior members of the Administration were out in force on the Sunday TV talk shows to criticize the multi-million  bonuses that many Wall St. bankers will get this year. Executives at companies that still owe the government money under the TARP program will have their compensation restricted by the Treasury. The rest of the largest banks and investment houses will be able to pay their best people as they choose. Read More »

Posted on: October 18, 2009 – 7:50 pm in Economy, Uncategorized,

Media Digest (10/9/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Chinese investors are holding a large amount of gold.

Reuters:   Bernanke sees tighter policies as the economy improves.

Reuters:   The Congressional Oversight Panel says that the US plan to help homeowners with mortgages is not enough.

Reuters:   The FDIC questioned a review of Citigroup (NYSE:C) management. Read More »

Posted on: October 9, 2009 – 3:54 am in Press Digest, , , , , , , , , , , , , , , , , , , ,

Media Digest 10/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Wealth management firms are starting to target the not-so wealthy.

Reuters:   Gold’s record price drew a muted response.

Reuters:   Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), and Palm (NASDAQ:PALM) are heating up the smartphone software race. Read More »

Posted on: October 7, 2009 – 3:56 am in Press Digest, , , , , , , , , , , , , , , , , ,

Today’s Best Market Rumors (10/6/2009) (CTIC)(DDRX)(BA)(XOM)(GOOG)(AIG)(BAC)(AAPL)

newspaperUpdates throughout the day.

Update 2.40 PM EST: Biotech Cell Therapeutics (CTIC) is getting crushed, down 13% to $.95 on over 46 million shares. Rumors of insider selling, troubles with OPAXIO cancer, and possible dilution from possible raising of capital (various)

Update 1.50 PM EST: Cult stock Diedrich Coffee (DDRX) down 7% on heavy volume based on rumors shorts are aggressively moving into the shares  which are up almost 7,000% this year.  (various)

Update 12.05 PM EST:  After announcing a delay in the 747-8 Freighter and a $1 billion charge, Boeing (BA) CEO Jim McNerney’s job could be on the line (DJ Newswires).

Update 9.55 AM EST: Exxon Mobil (XOM) has agreed to buy Kosmos Energy’s stake in the Jubilee field in Ghana. (CNBC)

Kaufman industry sources say BMC, Citrix (CTXS), VMware (VMW), Symantec (SYMC), and CA (CA) are potential tech  buyout targets. (Briefing.com)

Yahoo! (YHOO) might sell Zimbra, Hot Jobs, and Yahoo! Small Business. (SAI)

Rogers Communications will lose its exclusive deal for selling the Apple (AAPL) iPhone in Canada. Telus and Bell Canada will get franchises (Globe and Mail).

Pay czar Kenneth Feinberg will cut cash compensation for executives at a number of firms which may include AIG (AIG), Citigroup (C), and Bank of America (BAC)   (WSJ)

Citigroup’s Pandit could be the next big bank CEO pushed out the door. (The Deal)

Lawyers working on Viacom’s (VIA) lawsuit against Google’s (GOOG) YouTube have found e-mails uncovered evidence that “employees of the video site were among those who uploaded unauthorized content to YouTube.” (CNET)

Douglas A. McIntyre

 

Posted on: October 6, 2009 – 9:14 am in Rumors, , , , , , , , , , , , , ,

Media Digest (10/2/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million.

Reuters:   US car sales plunged in September with Ford (F) up and GM down. Toyota (TM) and Honda (HMC) also lost sales.

Reuters:   The CIT (CIT) board approved a restructuring plan. Read More »

Posted on: October 2, 2009 – 3:52 am in Press Digest, , , , , , , , , , , , , , ,

Media Digest 9/24/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The young and affluent in China may become more active consumers.

Reuters:   The G20 is looking to nurture the recovery and add financial safeguards.

Reuters:   Taxpayers may never get back all of their US bailout funds.

Reuters:   The Fed says the recovery in under way. Read More »

Posted on: September 24, 2009 – 3:52 am in Press Digest, , , , , , , , , , , , , ,

China Readies First Airliner

chinaIt can hardly be good news for embattled Boeing (BA) or Airbus. China has unveiled the first commercial airliner to be produced inside its borders. It is called the C919 and will be able to carry close to 200 passengers. The airplane is expected to fly in about five years.

China wants to control its own industrial fate and the future of technlogies which are critical to large global businesses. It may become the world’s third largest producer of aircraft which would give it tremendous advantages in supplying its own airlines with planes which are now designed and largely built aboard. Read More »

Posted on: September 8, 2009 – 6:13 am in Airlines,

Media Digest 9/4/2009 Reuters, WSJ, NYT, FT, Bloomberg

newspaperReuters:   China is making it difficult for foreigners to trade in its commodidites markets.

Reuters:   Toshiba will pay $5 billion for a unit of Areva.

Reuters:   The SEC and CFTC will align efforts to police markets.

Reuters:   The Fed’s Fisher sees near-term strength in the economy. Read More »

Posted on: September 4, 2009 – 4:05 am in Press Digest, , , , , , , , , , , ,

Media Digest 9/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The sell-off in Chinese stocks may be overdone based on earnings.

Reuters:   A report blamed the SEC for not doing its job investigating Madoff.

Reuters:   The Fed says the risks to the American economy have dropped.

Reuters:   A Pfizer (PFE) whistleblower made more than $51 million. Read More »

Posted on: September 3, 2009 – 4:02 am in Press Digest, , , , , , , , , , , , , , , , , , , ,