Posts for Ticker ‘T’

Soros Fund Holdings

Yesterday Soros Fund Management Filed a 13-F outlining the fund’s long portfolio as of September 30th, 2009.  The total value of the holdings reported in the filing is $6,198,089.  Twenty holdings represented roughly 50% of the value.  Soros Fund Management is a hedge fund management company that invests primarily based on macroeconomic analysis.  It should be noted that the fund’s equity portfolio likely contains significant short positions, which are not reported in 13-F filings.  Some of the positions in the filing may be in place as hedges or part of a multi-part trade, rather than a directional bet.  With that in mind, a glance at this firm’s major holdings provides clues to its macroeconomic outlook.  

Total stakes in Petroleo Brasileo Brasileiro (NYSE: PBR) represent 9.23% of the value of the positions reported in the filing, with just over 13 million shares held.  This is down from by 2.3 million from the fund’s last filing. Read More »

Posted on: November 17, 2009 – 10:52 am in Uncategorized, , , , , , , , , , , , , , , , , , , , ,

Wal-Mart (WMT) Give RIM (RIMM) A Hand

WMTRIM (NASDAQ:RIMM) has been under seige these last few weeks. Investors are concerned that the Blackberry maker is losing market share to the Apple (NASDAQ:AAPL) iPhone and a new group of handsets using the Google (NASDAQ:GOOG) Android mobile operating system. Motorola (NYSE:MOT) launched its Droid just last week.

RIM shareholders are also nervous the Palm (NASDAQ:PALM) Pre sales could take a very modest but still damaging piece of the Blackberry market.

Wal-Mart (NYSE:WMT) means to help save RIM. Read More »

Posted on: November 11, 2009 – 8:15 am in Wireless, , , , , , ,

Today’s Best Market Rumors (9/10/2009) (AMD)(AMR)(LCC)(CLWR)(MOT)

magazinUpdated throughout the day.

Update 2.52 PM EST:  The antitrust disagreement  between Intel (NASDAQ:INTC) and AMD (NYSE:AMD) may be resolved by a private settlement  (MarketWatch)

Updated 12.23 PM EST:  Motorola (NYSE:MOT) may have sold 100,000 Droid the first weekend the handset was on the market  (Bloomberg)

Updated 11.33 AM EST: Huge hedge fund SAC says it has found no improper trades. Media sources has linked the firm to the Galleon insider trading investigation. (Bloomberg)

Updated 8.48 AM EST:  Hedge fund assets could hit $2 trillion worldwide by the end of 2010 (DealBook)

American Air (NYSE:AMR) and US Air (NYSE:LCC) may merge  (TheStreet)

The International Energy Agency may be downplaying the need for greater oil supplies to prevent a market panic.  (CNBC)

AT&T (NYSE:T) is publishing data to undermine Verizon’s (NYSE:VZ) claims about the better quality of its cellular network.

Time Warner’s (NYSE:TWX) AOL unit will lay-off 1,000 people next month. (AllThingsD)

Microsoft (NASDAQ:MSFT) is not likely to close its media properties.  (Ad Age)

A number of public pensions face bankruptcy. (Forbes)

Wal-Mart (NYSE:WMT) may use its China business as a template for expansion in India.  (The Deal)

Even after a $1 billion cash infusion 4G WiMax company Clearwire (NASDAQ:CLWR) may need more money from Sprint (NYSE:S) and other partners.  (BreakingViews)

Douglas A. McIntyre

Posted on: November 10, 2009 – 8:38 am in Rumors, , , , , , , , , , , ,

Media Digest 11/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Markets hit their 2009 highs.

Reuters:   Dodd is set to unveil his financial reform bill which calls for merging many bank regulators.

Reuters:   Kraft’s (NYSE:KFT) bid for Cadbury turned hostile.

Reuters:   A survey of economists predicted strong GDP growth in 2010. Read More »

Posted on: November 10, 2009 – 3:57 am in Press Digest, , , , , , , , , , , , , , , , , ,

Time For T-Mobil To Be Sold To Sprint (S)

nokT-Mobile, the Deutsche Telekom-owned cellular carrier in America, is a failure and an abject one at that. The firm lost 77,000 subscribers in the third quarter. Most analysts blame the attrition on a poor line-up of handset products and tremendous competition from Verizon Wireless (NYSE:VZ)(NYSE:VOD) and AT&T (NYSE:T). Each of the two larger companies added over one million customers in the quarter ending September 30.

T-Mobile has 33.4 million customers in the US and its chances of doing well as the No.4 firm in its sector are fading to nothing. Read More »

Posted on: November 6, 2009 – 4:55 am in Wireless, , , , , ,

Media Digest 11/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Opel must now arrange for GM’s unexpected ownership

Reuters:   The Fed will probably keep its “easy money” program.

Reuters:   Toyota (NYSE:TM) will pull out of Formula 1 racing.

Reuters:   The IEA will cut its long-term oil demand outlook. Read More »

Posted on: November 4, 2009 – 5:34 am in Press Digest, , , , , , , , , , , , ,

Today’s Best Market Rumors (11/2/2009) (LVS)(PFE)(PLX)(BK)(ODFL)(PALM)(AAPL)

newspaperUpdated throughout the day.

Updated 1.05 PM EST:  Las Vagas Sands (NYSE:LVS) will try to raise $2.5 billion though an IPO in Hong Kong  (AP)

Updated 11.12 AM EST: Pfizer (NYSE:PFE) is considering a joint venture with Protalix Biotherapeutics (AMAX:PLX) and may buy the Israeli company. (Reuters)

Updated 9.50 AM EST: The Fed will keep rates as they are  (CBNC)

A deal for Comcast (NASDAQ:CMCSA) to take control of NBCU from GE (NYSE:GE) is imminent, as usual.  (NYTimes)

Goldman Sachs (NYSE:GS) is considering buying Fannie Mae (NYSE:FNM) tax credits (WSJ)

Bank of NY Mellon’s (NYSE:BK) CEO turned down a chance to be considered for the Bank of America (NYSE:BAC) CEO job.  (WSJ)

Roger Nightingale, economist at Pointon York, says the world faces a 1930s type depression if government stimulus packages are pulled too soon  (CNBC)

A draft order to approve AT&T’s (NYSE:T) $2.8 billion acquisition of Centennial Communications Corp is circulating at the Federal Communications Commission. (The Deal)

Apple’s (NASDAQ:AAPL) top advertising strategist is not leaving his job.  (AppleInsider)

Sprint (NASDAQ:S) is starting to downplay the importance of the Palm (NASDAQ:PALM) Pre compared to other smartphones it is marketing.  (Barron’s)

Shares of Old Dominion (NASDAQ:ODFL) could move from $27 to $40 in a year  (BusinessWeek)

The market share of Apple’s Mac has not been hurt by the release of Microsoft’s (NASDAQ:MSFT) Windows 7.

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.

Douglas A. McIntyre

Posted on: November 2, 2009 – 9:58 am in Rumors, , , , , , , , , , , , , , ,

T-Mobile Offers Everything Free To Battle AT&T, Sprint, And Verizon

nokThe T-Mobile US division of German telecom giant Deutsche Telekom (NYSE:DT) has run a distant fourth in cellular subscribers in America well behind AT&T (NYSE:T), Sprint (NYSE:S), and Verizon Wireless (NYSE:VZ)(NYSE:VOD).

T-Mobile means to close some of that gap between itself and its rivals, but it may start a price war in the process. Read More »

Posted on: October 26, 2009 – 6:28 am in Wireless, , , , ,

Today’s Best Market Rumors (10/23/2009) (TWX)(PALL)(T)(KFT)

newspaperUpdated throughout the day.

Updated 1.36 PM EST:  Nokia’s (NYSE:NOK) patent suit against Apple (NASDAQ:AAPL) could cost iPhone maker $1 billion  (Reuters)

The  Bank of England may have to increase bond purchases after the UK economy shrank in Q3.  (Bloomberg)

Chrysler Financial will cease business within two years  (CNBC)

Time Warner’s (NYSE:TWX) Time, Inc publishing unit will eliminate serveral hundreds jobs. (PaidContent)

ETF Securities will launcha ETFS Palladium Trust (PALL)  (TheStreet)

Bank analyst Dick Bove is under criticism for changing his opinion on Well Fargo (NYSE:WFC) from “standout” just after the bank released earnings to “sell” nine hours later  (FT Alphaville)

AT&T (NYSE:T) is close to getting government approval of its deal to buy Centennial Communications. (The Deal)

The liabilities of Japan Airlines would exceed assets by $8.8 billion if the carrier is liquidated.  (NYTimes)

A deal for Nelson Peltz not to criticize Kraft (NYSE:KFT), where he is a major shareholder, is set to expire which may complicate the US company’s efforts to takeover Cadbury.  (Financial Times)

Posted on: October 23, 2009 – 9:14 am in Rumors, , , , , , ,

Media Digest (10/23/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Japan Airlines faces $8.8 billion in excess debt if liquidated.

Reuters:   Amazon (NASDAQ:AMZN) beat Wall St. estimates.

Reuters:   GM’s CEO will get a pay raise.

Reuters:   Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL) over patent infringement. Read More »

Posted on: October 23, 2009 – 3:57 am in Press Digest, , , , , , , , , , , , , , ,

Positive Earnings Show From All 5 DJIA Components (T, MCD, MRK, MMM, TRV)

NYSE Floor ImageWe have seen earnings from five of the thirty DJIA components this morning alone.  All were above expectations, even if some of the year over year comparisons do not look that great at some.  We had AT&T Inc. (NYSE: T), McDonald’s Corp. (NYSE: MCD), Merck & Co. (NYSE: MRK), 3M Co. (NYSE: MMM), and The Travelers Companies, Inc. (NYSE: TRV) all on deck.  We included estimates from Thomson Reuters for comparison, as well as performance and relative color where applicable.
Read More »

Posted on: October 22, 2009 – 8:28 am in Earnings, , , , ,

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, , , , , , , , ,

Next Week’s Top 10 Earnings on Deck (AAPL, UNH, YHOO, FCX, WFC, T, MCD, POT, MSFT, SLB)

NYSE Floor ImageWe have almost an endless wave of corporate earnings for the calendar Q3-2009 coming out next week.  We have what looks to be over 100 of the S&P 500 Index members reporting and what appears to be 12 current or ex-DJIA components reporting earnings as well.  Coming up with a Top 10 is almost unfair, but this coming week’s top ten earnings we will be focusing on are as follows: Apple Inc. (NASDAQ: AAPL), UnitedHealth Group Inc. (NYSE: UNH), Yahoo! Inc. (NASDAQ: YHOO), Freeport-McMoRan Copper & Gold (NYSE: FCX), Wells Fargo & Company (NYSE: WFC), AT&T Inc. (NYSE: T), McDonald’s Corporation (NYSE: MCD), Potash Corporation of Saskatchewan Inc. (NYSE: POT), Microsoft Corporation (NASDAQ: MSFT), and Schlumberger Limited (NYSE: SLB).

We screened out the companies whose destiny has already been set by competitor earnings from this last week and screened out the ones which will have no real broad impact but are still widely held and actively traded. Lastly, we screened out the drug and medical companies as we are featuring those in their own group at BioHealthInvestor.com.  A more detailed estimate count from Thomson Reuters has been provided, along with data showing performance from the March 9 close and the June 30 closing date along with other pertinent information on each stock.
Read More »

Posted on: October 16, 2009 – 1:12 pm in Calendar, Earnings, Editor's Picks, Internet, Large Cap Stocks, Technology Companies, , , , , , , , , ,

Media Digest (10/15/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses.

Reuters:   Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died.

Reuters:   Congress will probe compensation at AIG (NYSE:AIG).

Reuters:   US foreclosures fell for a second month but stayed high. Read More »

Posted on: October 15, 2009 – 4:04 am in Press Digest, , , , , , , , , , , , , , , , , , , , ,

T-Mobile And Microsoft (NASDAQ:MSFT) Offer $100 Gift Card For Lost Data

nokMicrosoft (NASDAQ:MSFT) and T-Mobile (NYSE:DT), who have managed to lose the personal data of thousands and thousands of customers who have the carrier’s SideKick product because of failures of Microsoft server software, are offering the people who lost their information a $100 gift card. That seems to be little better than adding insult to injury. Read More »

Posted on: October 13, 2009 – 5:25 am in Software, Telecom, Wireless, , , , , ,

Apple (NASDAQ:AAPL) Short Interest Steady, Down In Other Techs

bearThe short interest in Apple (NASDAQ:AAPL) was steady in the period that ended on September 30 at 16 million shares.The bet being made against RIM (NASDAQ:RIMM) rose 13% to 13% to 19.2 million.  The shares short in other major techs stocks dropped.

Shares short in Broadcom (NASDAQ:BRCD) dropped 14% to 19.1 million. Shares short in Juniper (NADSAQ:JNPR) dropped 11% to 36.8 million. The short interest in Symantec (NASDAQ:SYMC)  dropped 8% to 12.9 million shares. Read More »

Posted on: October 10, 2009 – 2:53 pm in Short Interest, , , , , , , , , , , , , , , , , , , , , ,

Could Apple (AAPL) End Up With 1,000 Retail Stores?

appleAnalysts are constantly speculating about what Apple (NASDAQ:AAPL) will do with its $25 billion in cash. The company has no track record of buying back shares or issuing a dividend. Apple rarely buys other firms and when it does, the transactions are small.

Apple has 300 retail stores worldwide and Global Equities Research thinks that number will go to 1,000. The question is “why”? There are a number of good answers. Read More »

Posted on: October 8, 2009 – 9:32 am in Consumer Electronics, Wireless, ,

Too Many Smartphones

nokDell (NASDAQ:DELL) announced that it will launch a smartphone with AT&T (NYSE:T) next year. The handset will be powered by the Google (NASDAQ:GOOG) Android operating system. 

The news about Google’s role has to annoy Microsoft (NASDAQ:MSFT), which has a mobile package of its own, and Symbian, which has about 50% of the smart phone operating system market. Read More »

Posted on: October 8, 2009 – 5:11 am in Telecom, , , , , , , , ,

Media Digest 10/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   GM says most of its cost cutting is done and its sales chief left.

Reuters:   Spot gold hit a record above $1,050.

Reuters:   The Senate healthcare bill weighs in at $829 billion.

Reuters:   Dell (NASDAQ:DELL) plans its first smartphone to be launched with AT&T (NYSE:T) using the Google (NASDAQ:GOOG) Android OS Read More »

Posted on: October 8, 2009 – 3:59 am in Press Digest, , , , , , , , , , , , , , , , , , , ,