Archive

Month: April 2008

All Month: April 2008 Articles

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Next Version Of Microsoft (MSFT) Windows–Next Year

Those PC users who hate Vista will be happy to hear that Microsoft (NASDAQ: MSFT) plans to release its new version of the Windows OS next year. According to Reuters "The software giant has…

Douglas A. McIntyre · 18 years ago

WuXi PharmaTech Secondary Filing Pressures Stock (WX)

WuXi PharmaTech (Cayman) Inc. (NYSE: WX) has filed for a secondary offering of ADR’s in the US for 10,126,800 shares, or 11,645,820 if the overallotment option is used.  The underwriting managers are listed as…

Douglas A. McIntyre · 18 years ago

GM’s (GM) Plans For Delphi Fall Apart

With sales off nearly 20% in March, GM (NYSE: GM) does not need any more headaches. But, it got one today. The company’s former parts operation, Delphi, is in the process of coming out…

Douglas A. McIntyre · 18 years ago

West Texas Wind Farm Funded (BP, NRG)

Fortis Merchant Banking has successfully closed syndication of a $280 million senior secured financing for Sherbino I Wind Farm LLC.  This west-Texas wind farm is a joint venture owned by BP plc’s (NYSE: BP)…

Douglas A. McIntyre · 18 years ago

Cisco & Juniper Initiated By FBR (CSCO, JNPR)

Cisco Systems (NASDAQ: CSCO) was started as an Outperform rating this morning at FBR.  The assigned target price was  $31.00 per share.  This follows the UBS downgrade from yesterday morning, which helped send Cisco…

Douglas A. McIntyre · 18 years ago

Moody’s Downgrades Countrywide (CFC): What About BAC?

Moody’s cut the credit rating of Countrywide (CFC) to "D" for default, over worries about liquidty. According to Reuters "The downgrade does not reflect Countrywide’s planned acquisition by Bank of America (BAC)." It does…

Douglas A. McIntyre · 18 years ago

Why Did Motorola’s (MOT) Job Cuts Come So Late?

The beatings will continue until morale improves. Motorola (MOT) cut another 2,600 jobs bringing the total since the beginning of last year to 10,000. According to The Wall Street Journal "Motorola, which is struggling…

Douglas A. McIntyre · 18 years ago

News Corp (NWS) Finds Out Social Networks Are Bad Businesses

News Corp (NWS) is likely to miss revenue targets at its internet division, Fox Interactive. According to TechCruch, the company may be short as much as $100 million on its $1 billion forecast for…

Douglas A. McIntyre · 18 years ago

Chasing A Top In Nike (NKE)

Nike Inc. (NYSE: NKE) is one of the ubiquitous brands of today’s world.  As long as it keeps doing what it is doing now and as long as it keeps its endorsements strong, it’s…

Douglas A. McIntyre · 18 years ago

Verizon (VZ) And AT&T (T) Go After Cable And WiMax

Now that AT&T (T) and Verizon Wireless have picked up oodles of spectrum at the FCC auctions, investors want to know what all that money went for. The answer is that both companies plan…

Douglas A. McIntyre · 18 years ago

Northwest (NWA) Raises Fares, But Will Anyone Pay Them?

The management at Northwest (NWA) knows when it is in a pickle. Fuel prices are moving up and passenger traffic is likely slowing as the recession keeps people off airplanes. The only way to…

Douglas A. McIntyre · 18 years ago

Bad News For Vista: Microsoft (MSFT) Keeps XP

Vista, the new OS from Microsoft (MSFT) was supposed to be so good that every customer and business using Windows would want to upgrade as soon as possible. But, a number of critics of…

Douglas A. McIntyre · 18 years ago