Archive

Year: 2008

All Year: 2008 Articles

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The 52-week Low Club 8/18/2008 (FNM)(HAR)(TRX)

Fannie Mae (FNM) Barron’s says common shareholders may be wiped out by new capital. Drops to $6.08 from 52-week high of $70.57. Harman International  (HAR) Earnings miss. Drops to $33.61 from 52-week high of…

Douglas A. McIntyre · 18 years ago

Eil Lilly (LLY) Death Drug Needs More Regulation

If there wasn’t enough already wrong with the FDA drug approval process, diabetes drug Byetta, created for patients by Elli Lilly (LLY) and Amylin Pharmaceuticals (AMLN) is killing more people. The news follows an…

Douglas A. McIntyre · 18 years ago

GM (GM) Gives The Store Away

GM (GM) will celebrate its 100th birthday by offering incentives and losing more money on each vehicle. According to Reuters, "GM had scheduled briefings for U.S. dealers, representing all of its brands from the…

Douglas A. McIntyre · 18 years ago

Australian Miner Raises the Bar (BHP, RTP)

The largest mining company in the world, BHP Billiton (NYSE:BHP) today reported revenues of $59.47 billion and EPS of $2.75 for its full 2008 fiscal year ended June 30th. Analysts were expecting revenues of…

Douglas A. McIntyre · 18 years ago

China SPAC Goes Operational: Alyst Acquisition Corp. (AYA)

There was a release this morning showing that a Special Purpose Acquisition Company (SPAC, or blank check company) called Alyst Acquisition Corp. (AMEX: AYA) has signed an agreement to acquire all of the shares…

Douglas A. McIntyre · 18 years ago

Lowe’s Manages By Staying Cautious (LOW, HD)

Lowe’s Companies Inc. (NYSE: LOW) managed to actually beat earnings projections and managed a gain in revenues.  The hardware and home improvement store posted earnings per share with a drop of 4.5% to $0.64…

Douglas A. McIntyre · 18 years ago

Corel’s Questionable Buyout Evaporates (CREL)

Corel Corporation may be under some pressure Monday as we get closer to the open this Monday morning.  The software maker’s acquisition offer from Corel Holdings L.P., which owns 69% of Corel, has been…

Douglas A. McIntyre · 18 years ago

Russia And An Economic Iron Curtain

"From Stettin in the Baltic to Trieste in the Adriatic an iron curtain has descended across the Continent. Behind that line lie all the capitals of the ancient states of Central and Eastern Europe."…

Douglas A. McIntyre · 18 years ago

Fragile Oil Prices: A Storm In The Gulf

The bald man with the 1950s tie who runs the National Hurricane Center gets to go on The Weather Channel a dozen times a year. Those appearances are triggered by the appearance of storms…

Douglas A. McIntyre · 18 years ago

T. Boone Pickens Trades Oil With Both McCain & Obama

On Sunday, T. Boone Pickens issued a press release stating that he had met with Senator Obama in Reno, Nevada to discuss his energy plans.  This follows the statement he issued Friday stating that…

Douglas A. McIntyre · 18 years ago