Wilbur Ross & Sovereign Wealth, Heading For Banks
It was almost amazing that private equity funds never did go acquire many banks, despite the lending woes that came to pass. For some time there was value there before the logic and rationale…
Archive
Month: April 2008
All Month: April 2008 Articles
Newest first · Page 20Picking Apart Gilead Ahead of Earnings (GILD)
After today’s close, we’ll get to see earnings out of Gilead Sciences Inc. (NASDAQ: GILD). The estimates for the biopharmaceutical company from First Call are $0.48 EPS on $1.22 billion in revenues. Next quarter…
Can IBM’s Backlog Continue Its Earnings Momentum? (IBM)
After today’s close, we’ll get to see earnings out of International Business Machines Corp. (NYSE: IBM). The estimates for Big Blue from First Call are $1.45 EPS on $23.71 billion in revenues. Next quarter…
Pegging eBay’s First Earnings Under CEO Donahoe (EBAY)
After today’s close, we’ll get to see earnings out of eBay Inc. (NASDAQ: EBAY). The estimates for the online auction platform from First Call are $0.39 EPS on $2.08 billion in revenues. Next quarter…
Biotech Busine$$ Daily (ACAD, AMLN, CVTX, HALO, KOSN, MCU, NVAX, POZN, REGN, SIRT)
If you thought biotech news was getting quiet going into earnings season, think again. Acadia Pharmaceuticals Inc. (ACAD) presents Phase II data on pimavanserin, a treatment for Parkinson’s disease psychosis (PDP) at the 60th…
IPO Filing: Rhino Resource Partners (RRLP)
Rhino Resource Partners, L.P. has submitted its IPO paperwork thismorning. The filing shows for $115 million proposed maximum offering price,although this number is for filing purposes only. 5 million shares representing limitedpartner interests will…
AMR (AMR) Posts $325 Million Loss, Can It Stay Independent?
AMR (NYSE: AMR) reported that it lost $325 million in the first quarter as fuel charges rose $665 million over the same period last year. AMR also disclosed that it has reached a definitive…
Is Google (GOOG) Making Money On Video? It Has Tons Of Traffic (YHOO)(TWX)(VIA)(DIS)(NWS)(MSFT)
New comScore data shows that the number of videos viewed online moved up 66% in February compared with the same month last year. US internet users viewed over 10 billion videos for the most…
Why Northwest Air (NWA) Is In Trouble
Investors should hope that airlines will do what they can to keep business. Northwest Airlines (NYSE: NWA) seems to want to do the opposite. I tried to get a ticket for my son to…
Canpotex Owners Surge On Potash Price Hikes For China (POT, MOS, AGU, MOO)
There was a significant agreement out of Canada between it and China, via Canpotex (Canadian Potash Exporters). Canpotex is the world’s largest exporter of potash. Canpotex announced potash price increases between Canpotex and Sinofert…
Financial Earnings Winners & Losers (BLK, JPM, NITE, MER, WFC)
BlackRock, Inc. (NYSE: BLK) posted a 25% gain in earnings, but reported $1.90 EPS versus $2.00 estimates; Assets under management are now $1.364 Trillion. Shares are trading down by 2% pre-market. JPMorgan Chase (NYSE:…
News Corp (NWS) MySpace: Taking Failed Model Abroad
Fox Interactive, the online division of News Corp (NWS), will miss its numbers. A few of the marketing executives there lost there jobs. It would seem that the primary culprit is MySpace, the world’s…
Top 10 Pre-Market Analyst Calls (MO, HLF, ITT, M, MCK, NTRI, PM, SLM, STT, YGE)
These are 10 of the top calls that 247WallSt.com is looking at this morning: Altria (NYSE: MO) cut to Neutral at JPMorgan. Herbalife (NYSE: HLF) started as Overweight at Lehman Brothers. ITT Industries (NYSE:…
JP Morgan (JPM) Hits A Slump
JP Morgan (JPM) took some big write-offs which dropped its profits well below the same quarter last year. The bank 2008 first-quarter net income of $2.4 billion, compared with record net income of $4.8…
Europe Markets 4/16/2008 (BCS)(SI)(ALU)(FTE)
Markets in Europe were modestly higher at 6.35 AM The FTSE rose .7% to 5,948. Barclays (BCS) was up 2.9% to 462. BA was up 2.6% to 214. The DAXX rose .4% to 6,612.…