JetBlue (JBLU) CEO Takes Haircut
In an 8-K filed with the SEC, JetBlue (JBLU) announced that CEO David Barger "voluntarily amended" his employment agreement to "reduce his base salary by fifty percent, from $500,000 per year to $250,000 per…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 175Media Digest 7/29/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Merrill Lynch (MER) said that it would sell $8.5 billion in stock and take large write-downs. Reuters report that KKR says the market slump is a good time to go public.
Asia Markets 7/29/2008 (SNE)(TM)(LFC)(CHL)
Markets in Asia were off sharply. The Nikkei fell 1.6% to 13,141. Ricoh was off 3.5% to 1697. Sony (SNE) was off 3.2% to 3210. Toyota (TM) was off 2.6% to 4750. The Hang…
Cramer Likens Sirius-XM To Lotto Ticket (SIRI, XMSR)
Jim Cramer came out tonight on CNBC’s MAD MONEY discussing his trade idea for the satellite radio merger approval. This is to focus on the current situation and pitfalls for shares of Sirius Satellite…
Cuil: The Worst Tech Company Launch Of The Year
A company that plans to compete with Google (GOOG) probably needs to get off to a good start. Google’s size and market share would make the task of getting into its business seem nearly…
Merrill Lynch (MER): “We don’t need cash!!! We need cash!!!”
If you reviewed our technical break-down call in Merrill Lynch (NYSE: MER) today at Volume Spike you might not be surprised about tonight’s news. The brokerage and investment banking firm is raising capital and…
Put Crocs (CROX) On The Block
Crocs (CROX) Crocs may actually be moving into the stage where its price and market cap are so low that it could become a takeover target. After announcing awful quarterly numbers and a weak…
National Oilwell Varco Earnings On Deck (NOV)
On Tuesday morning, we’ll get to see earnings out of National Oilwell Varco, Inc. (NYSE: NOV). The oil rig and components manufacturer is expected to post $1.13 EPS on $3.2 Billion in revenues. Estimates…
Budget Deficit Balloons; Housing Slumps
Today’s economic news is downright depressing. The federal budget deficit is expected to rise to $482 billion, or 3.3 percent of GDP, up from $389 billion, or 2.7 percent of GDP, this year, according…
Coach: Enough Earnings In That Purse? (COH)
Before the open of trading on Tuesday morning, we’ll get to see earnings out of Coach Inc. (NYSE: COH). The purse and apparel maker is expected to post $0.50 EPS on $777.6 million in…
Amgen Defying Earnings Concerns (AMGN)
Earnings out of Amgen Inc. (NASDAQ: AMGN) appear to be strong enough to defy any notions that the big osteoporosis news would render this particular earnings report immaterial. The biotech giant just posted adjusted…
52-Week Low Club (AEG, AMD, BKD, CHRT, CMG, CVI, GEHL, JOBS, LRCX, LSCC, MNI, MU, MSA, NOOF, RYL, THQI, VMED, WSM)
Today was another ugly day on Wall Street as sellers are winning over the conviction that the rumors that the bear was dead might be grossly exaggerated. You’ll probably recognize many chip stocks on…
Amgen Earnings Now A Coin Toss? (AMGN)
After today’s close, we’ll be getting earnings out of biotech giant Amgen Inc. (NASDAQ: AMGN). It’s amazing how the company’s strong osteoporosis data has suddenly gotten the company out of the gutter and suddenly…
Mosiac Braces For Earnings (MOS, POT, MOO)
After today’s close, we’ll get to see earnings out of Mosaic Co. (NYSE: MOS). The fertilizer and potash giant is expected to post $1.64 EPS on $2.85 Billion in revenues. Estimates for next quarter…
Kraft (KFT) Shines While Tyson (TSN) Stinks
Kraft Foods Inc. (KFT) blew away Wall Street’s earnings expectations and raised its guidance as it was able to raise prices sufficiently to cover increasing commodity costs. Meanwhile, Tyson Foods Inc. (TSN) posted a…