Even Healthy Companies Can’t Get Loans
In a turn that no one could have expected, the banking community is in such a tight credit fix that even companies with near-perfect credit cannot get loans. As one small company borrower told…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 176VeriFone Sets Do or Die Date With SEC (PAY)
VeriFone Holdings Inc. (NYSE: PAY) is seeing a rather solid recovery this morning early on, but the volume is rather light considering its past and shares have already pulled back nearly 5% from its…
Verizon (VZ) Rise Driven By Broadband And Wireless
Wireless and broadband sales drove a strong quarterly performance for Verizon (VZ) EPS rose to $.66 from $.58 in the same period a year ago. The company added 1.5 million new wireless subscribers to…
Top Pre-Market Analyst Upgrades (AFL, AMGN, BBY, CHTT, CVH, HNT, KMB, PCLN, RDC)
These are not all of the upgrades or positive calls we have seen, but these are some calls moving shares this Monday morning: AFLAC (AFL) Raised to Outperform at Raymond James. Amgen (AMGN) Raised…
Top Pre-Market Analyst Downgrades (JOBS, AUO, AVR, CRDN, CLX, DKS, GR, MPEL, PLXS, VSE)
These are not all of the downgrades or negative calls we have seen, but these are some calls moving shares this Monday morning: 51jobs (JOBS) Cut to Sell at Goldman Sachs. AU Optronics (AUO)…
Some Of America’s Most Prominent Companies Face Massive Dilution (SIRI) (AMR)(FRE)(C)(AMD)(FNM)(GM)(CHTR)
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America’s most well-known companies will have to raise…
Google’s (GOOG) New Rival, Cuil, Doesn’t Work
Google (GOOG) has a new rival, Cuil. Out of the box, it seems hopelessly broken. The news search engine claims it covers three times as many web pages as Google.
If Dell (DELL) Says Business Is Good, Someone Else’s Is Not
In an interview with BusinessWeek, Dell (DELL) founder, chairman and CEO Michael Dell said that the company’s turnaround efforts are bearing fruit. He said growth rates for the second half of 2008 could exceed…
Motorola (MOT), A Creature Of The Past, Auctions It Future
Management at Motorola (MOT) is in the midst of an ugly capitulation. It now as much as admits that it cannot run the company with any success, even though it is spinning off the…
KKR IPO Bodes Ill for Buy-Out Business
The Wall Street Journal reports that, when legendary buyout shop KKR debuts on the NYSE it will sport a market value of between $12 billion and $15 billion — roughly 10-12 times 2009 earnings…
Why Is Circuit City (CC) Opening New Stores?
Consider the following: Since 2006, shares of Circuit City have fallen from $30 per share to $2.22. In FY 2006, the company earned $140 million. In FY 2008, Circuit City lost $320 million. The…
Media Digest 7/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, KKR will go public on the NYSE at a valuation of $15 billion. Reuters writes that the production problems with the Airbus 380 are not over. The Wall Street Journal writes…
Asia Markets 7/28/2008 (HMC)(NTT)(SNP)
Most markets in Asia were up slightly. The Nikkei rose .1% to 13,354. Honda (HMC) fell 2.9% to 3650. NTT (NTT) rose 3.1% to 528000. The Hang Seng moved up .1% to 22,752. China…
Looking for the Next Intuitive Surgical After The Barron’s Pan (ISRG, HNSN, NUVA)
This weekend and this last week has created a lot of buzz around the mighty medical robotics player Intuitive Surgical Inc. (NASDAQ: ISRG). For starters, it did beat earnings and it raised 2008 guidance. …
Without China, GM (GM) Is Nothing
GM (GM) does well in China, but based on the company’s dire situation in North America, it is going to have to do a lot better in the world’s most populated country and other…