Cisco Earnings Only Part of the Tale (CSCO)
We just got earnings out of Cisco Systems Inc. (NASDAQ: CSCO). Despite the fact that the company beat its estimates, keep in mind that this is an incomplete report until John Chambers makes his…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 166The 52-Week Low Club 5/8/2008 (GLBL)(HIMX)(RRI)(ADM)
Global Industries (GLBL) Bad second quarter. Falls to $7.81 from $28. Himax Technologies (HIMX) Still dropping a day after rough results. Down to $2.79 from 52-week high of$6.29. Reliant Energy (RRI) Q2 results hurt…
FOMC Comments Likely Put Rate Hikes Beyond Election
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2%. What is more important than the decision is that this puts the chances of a rate…
BUCA Selling to Planet Hollywood (BUCA)
So much for thinking the consolidation in small restaurant chains is over, albeit this is a tiny deal. BUCA, Inc. (NASDAQ: BUCA), the owner and operator of Buca di Beppo, has announced that it…
Cisco Earnings On Deck, To Trump FOMC Impact (CSCO)
We may have an FOMC decision on interest rates due at 2:15 PM EST today, but technology stock traders may actually care more about what John Chambers of Cisco Systems Inc. (NASDAQ: CSCO) has…
IPO Filing Withdrawal: Convio, Inc.
There was an IPO filing almost a year ago for Convio Inc. which would have traded under the ticker "CNVO" on NASDAQ. While the company has made several amended filings, the company has just…
Archer Daniels Midland Heads For Fresh Lows (ADM, VLO, TSO)
Today’s earnings report from Archer Daniels Midland (NYSE:ADM) not only missed analyst’s targets, but may have missed the broad side of the barn. Analyst expected EPS of $0.67, and got EPS of $0.58. Revenues…
The Dolans & The Cablevision Pie Cutter (CVC)
Today feels like another episode of deja-vu in failed mergers, although perhaps this is just a similar situation rather than a total repeat. Cablevision Systems Corp. (NYSE: CVC) has announced that its board of…
3COM Pulls A Rabbit From Its Hat (COMS)
This morning we are seeing some news out of 3Com Corporation (Nasdaq: COMS) which many may have guessed wouldn’t be possible. The networking company raised guidance previously provided for the quarter-end of August 29,…
Gabelli Enters SPAC IPO Game (GBL, VZ)
Last night there was a filing from Gabelli Entertainment & Telecommunications Acquisition Corp. to come public via an initial public offering for a special purpose acquisition company (SPAC) or a blank-check company. This is…
P&G Earnings Half Empty & Half Full (PG)
Procter & Gamble (NYSE: PG) posted a 33% earnings gain to $0.92 net EPS, but before a tax gain it showed $0.80 EPS. Estimates from First Call were $0.78 EPS. For its next quarter…
Top Pre-Market Analyst Upgrades (AIG, AU, AAPL, BLKB, CREE, GENZ, HGG, LL, RDS.A, WBD)
These are some of the top analyst upgrades and positive calls we are seeing this Tuesday morning: American International Group (AIG) Raised to Buy at UBS. Anglogold (AU) Raised to Outperform at Credit Suisse.…
Top Pre-Market Analyst Downgrades (BBY, BBBY, CC, DELL, HPQ, JNS, LIZ, LSI, PIR, RACK, RSH, SFD)
These are some of the top Downgrades or negative calls we are seeing early this Tuesday morning. Neutral and Hold ratings are not technically negative, but they aren’t ringing endorsements either. Best Buy (BBY)…
Otter Tail Loses Its Tail (OTTR)
Otter Tail Corp. (NASDAQ: OTTR) may have been caught with its tail between its legs. The small diversified mini-conglomerate has warned that its earnings were going to fall short of expectations. For those new…
Oil Price Slide Likely To Stop At $120
Economists are giddy over the prospects of $100 crude. Predictions of oil dropping to that level are almost as prevalent as were forecasts of $200 just three months ago. The swings in the forecasts…