These are not all of the downgrades or negative calls we are seeing, but these are the stand out calls early this Thursday morning: AIG (AIG) Cut to Market Perform at FBR. Anaren (ANEN)…
The IMF and NYU economist Nouriel Roubini can say "I told you so." Both put estimates for mortgage write-downs at over $1 trillion. Banks executives are hoping the number is half of that. The…
McDonald’s (MCD) is caught between the rising prices of commodities and the need to keep the cost of its food and drinks low. So, the company has decided it may raise what it charges…
Since Richard Wagoner became CEO of General Motors (GM), the stock has gone from the $60 per share range down to its current price of $10.25. But not to worry: the company’s lead outside…
AIG (AIG) has made the assumption that other firms like Merrill Lynch (MER) and Citigroup (C) did. Changing CEOs will somehow alter the course of a systemic problem which curses the financial industry.The mortgage-related…
Shares of Under Armour (UA) closed on Wednesday at $32.92, 55% off the 52-week high of $73.40. And yet, according to an interesting company profile in today’s New York Times, "There are two kinds…
According to Reuters, Freddie Mac (FRE) now has a negative net worth which means some investors think it should trade close to zero. Reuters writes that AIG (AIG) posted a huge loss of over…
Markets in Asia were narrowly mixed. The Nikkei fell 1% to 13,125. KDDI fell 2.8% to 651000. NEC was off 3.5% to 493. The Hang Seng moved up .7% to 22,107. China Petroleum (SNP)…
On Thursday morning, we’ll get our first real earnings conference call out of Sirius Satellite Radio, Inc. (NASDAQ: SIRI) on a post-XM merger basis. Last week we got some of the preliminary data but…
We have just seen earnings out of VeriSign Inc. (NASDAQ: VRSN). The web versions of "General Eclectic" has a very difficult to compare earnings report because of "total operations" and its core operations. Its…
True Religion Apparel, Inc. (NASDAQ: TRLG) juust reported Q2 revenues in a gain of 78.9% year/year of $64.2 million and EPS of $0.39 on net income of $9.3 million. The estimates from First Call…
Acco Brands (ABD) Quartlerly loss. Down to $6.90 from 52-week high of $26.09. Bristow Group (BRS) Lower earnings last quarter. Off to $36.01 from 52-week high of $58.98. Internap Network (INAP) Awful quarter. Sells…
This morning we gave another heads-up volume spike alert on Kraft Foods Inc. (NYSE: KFT) as traders have been buying up call options after some non-directional high volume trades pulled more speculators into the…
Not long ago daily media stories were predicting which major airline would be the first in line to fail. Las Vegas type odds were given to a list of inevitable airline bankruptcies. There should…
VeriSign Inc. (NASDAQ: VRSN) is set report earnings after the close today, and First Call has estimates at $0.23 EPS on $231.39M in revenues. Estimates for next quarter are $0.26 EPS on $240.59M in…