Motorola’s (MOT) US Sales Slammed
Motorola’s (MOT) share of the US cellphone market is falling fast. The NPD Group said overall sales of handsets from all manufacturers dropped 13% to 28 million in the second quarter. According to the…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 151Energy Watch Part IV: Pipelines (DPM, BGH, APL, AHD, EPD, KMP)
Just looking at the drop in price for common units of pipeline master limited partnerships could lead one to believe the midstream business is going to hell in a handbasket. DPC Midstream Partners (NYSE:DPM)…
24/7 Wall St. Day-Trading Alerts (SPLS)(CNFT)(XFML)(JOSB)
According to VSInvestor, several stocks are moving this morning on large volume. Staples (SPLS) is off 9% on poor earnings. These are notes on China Techfaith (CNFT) hitting an all-time low. Xinhua Finance Media…
Annual Inflation Heads Toward 10%
The annual inflation rate in the US will be above 10% by the end of the year. Almost all the signs are pointing that way. The AP writes "The Labor Department reported that wholesale…
Circuit City’s Turnaround Expert Still Under Schoonover, Big Mistake (CC)
Circuit City Stores, Inc. (NYSE: CC – News) has appointed director James A. Marcum as vice chairman of the company. In this new position, Marcum is expected to play a key role in leading…
Target’s Earnings Beat, Marred by Cards & Economy (TGT)
Target Corp. (NYSE: TGT) has just come out with earnings at $0.82 EPS on $15.47 Billion in revenues versus First Call estimates of $0.76 EPS and $15.46 Billion in revenues. The company’s retail segment…
24/7 Wall St. Most Overpaid CEO Of The Day: Amylin (AMLN) CEO Daniel M. Bradbury
Amylin (AMLN) CEO Dan Bradbury earned a base salary of almost $560,000 last year according to the company proxy. He will probably do as well in 2008. During the last twelve months, shares in…
Early-Bird Analyst Upgrades & Downgrades (DKS, IDXX, MA, WIT, ACS, ADP, CHT, FMCN, NT, PTI, TSS)
These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning: Dick’s Sporting Goods (DKS) Raised to Outperform at Baird. IDEXX Laboratories (IDXX) Started as Buy at Piper…
Another Strong Vote For Rising Oil Prices
The tug-of-war over oil prices has been going to the bears recently. Even with a storm near the Gulf of Mexico, crude moved down toward $112. Some experts are taking the long view and…
Home Depot (HD) Says Housing Will Hold The Line
Home Depot (HD) had a fairly poor quarter, but it was a bit better than expected. What was more important is that it held to its guidance for the rest of the year, a…
Car Quality Drives Out Of Detroit (GM)(F)(HMC)(TM)
The quality of American cars was supposed to be getting better. Perhaps that was an illusion. Part of the reason that investors thought GM (GM) and Ford (F) could come back was that their…
TDAmeritrade (AMTD), Oppenheimer (OPY), And Raymond James (RJF) Try To Dodge Auction-Rate Buy-Backs
Several of the modest-sized investment houses say they should not have to buy back auction-rate securities which they sold to their customers. The dog ate their homework.
Another Prediction A Large Bank Will Fail (LEH)(WB)(WM)
Nouriel Roubini, the NYU economist, has predicted the US is moving into its worst downturn since the Great Depression. He forecasts that hundreds of banks will fail. But, he is an "independent" on the…
Media Digest 8/19/2008 Reuters, WSJ, NYTImes, FT, Bloomberg
According to Reuters, Lehman (LEH) is considering selling it Neuberger Berman asset management unit. Reuters writes that bail-out concerns pushed down stocks in Fannie Mae (FNM) and Freddie Mac (FRE). Reuters reports that the…
Asia Markets 8/19/2008 (LFC)(CN)
Most markets in Asia were down. The Nikkei fell 2.3% to 12,865. Casio fell 3.7% to 1229. Bridgestone rose 2.1% to 1890. The Hang Seng fell .8% to 20,757. China Life (LFC) fell 1.3%…