A Starbucks (SBUX) Share Buy-Back
Almost any time a company’s stock drops by half, management claims its goals are misunderstood and that the shares are cheap. This often leads boards to start buy-backs to drop the size of the…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 145GM (GM) Gets Hummer Purchase Interest From Middle East
GM (GM) may be able to add humiliation to the list of losses and indignities it has had to suffer over the last year as a recession and rising fuel prices have ruined its…
Keeping Fannie Mae (FNM) And Freddie Mac (FRE) Private
The evidence is thin, but at least it is available. Freddie Mac (FRE) and Fannie Mae (FNM) could raise money on their own and without a government bail-out which would wipe out common stockholders…
PetroChina (PTR) Gets Slammed By Chinese Government
It is hard to make money when your own government has policies that prevent it. PetroChina (PTR) followed China Petroleum (SNP) to the earnings wood shed. According to the AP, PTR is expected to…
Coach (COH) “Might” Buy Back $1 Billion Worth Of Stock
The Wall Street Journal declares that "Coach Will Buy Back $1 Billion of its Stock." Coach (COH), on the other hand was less optimistic. After noting that it had recently completed its $1 billion…
Media Digest 8/26/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Singapore sovereign fund Temasek say it sees value in US and UK stocks. Reuters writes that two large bond investors may get involved in raising capital for Fannie Mae (FNM) and…
Asia Markets 8/26/2008
Markets in Asia fell The Nikkei dropped .8% to 12,779 Yahoo Japan rose 2% to 41750. Yamaha rose 3.2% to 1859. The Hang Seng fell 1.2% to 20,859. Cathay Pacific fell 2.2% to 6.86.…
Cramer Chases Pelosi & Pickens in Clean Energy (CLNE)
On tonight’s MAD MONEY on CNBC, Jim Cramer said that a stock you can buy that didn’t even have to buy off politicians to do well is Clean Energy Fuels Corp. (NASDAQ: CLNE). This…
Anadarko’s Buyback Ambitions Go Massive (APC)
Anadarko Petroleum Corporation (NYSE: APC) has authorized a rather large stock buyback plan, and it appears to be onbe of the larger buybacks we have seen in the sector on a relative basis and…
Coach Investing Substantially In Its Own Stock (COH)
Coach, Inc. (NYSE: COH) has just authorized a new share buyback program for the repurchase of up to $1 billion of its outstanding common stock. The plan is set to expire on June 26,…
The 52-Week Low Club 8/25/2008 (AIG)(SVU)(QRCP)(HWAY)
American International Group (AIG) Analysts predicting yet another losing quarter. Stock drops to $18.64 down from 52-week high of $70.13. Supervalu (SVU) No news. Falls to $23.60 from 52-week high of $43.30. Quest Resource…
Sun Microsystems (JAVA): A Mistake For Southeastern Asset Management
Somehow the people who run Southeastern Asset Management got it into their heads that Sun Microsystems (JAVA) is a good investment. Southeastern now owns $1 billion of Sun stock. According to the The New…
Grey Wolf Finally Gets its Wish, Sort Of (GW, PDS, BAS)
The board of directors of Grey Wolf, Inc. (AMEX:GW) has been trying to sell the company for at least a couple of months at a higher price. Today, they appear to have gotten their…
24/7 Wall St. Most Overpaid CEO Of The Day: Healthways (HWAY) CEO Ben R. Leedle, Jr
Healthways (HWAY) CEO Ben Leedle had a base salary of $685,000 for the company’s latest fiscal year. Healthways managed to miss it guidance and get downgraded by Jefferies & Co. Those factors took the…
Gilat’s Jilted Buyout (GILT)
Shares of Gilat Satellite Networks Ltd. (NASDAQ: GILT) are trading lower this morning after earnings and merger news. The satellite communications and networking company posted $0.03 EPS versus $0.12 estimates on a revenue decline…