Genentech Ready to Lead Biotech Earnings Bias (DNA, BIIB)
Genentech Inc. (NYSE: DNA) is set to report earnings after the close of trading today. The largest biotech in the U.S. is expected to post $0.86 EPS on $3.23 Billion in revenues according to…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 192Can WaMu, National City, Or Others Find Takeunder Bids? (WM, NCC)
Washington Mutual Inc. (NYSE: WM) is looking exactly like "The Good, The Bad, and The Ugly." The difference is that this one is real instead of a movie. Shares are down yet another 29%…
Even With Fed Rescue Plan, Major Financials Sell Down (UBS)(FNM)(WM)(WB)(FRE)
Fannie Mae (FNM) and Freddie Mac (FRE) opened well up today. FRE hit a high of $9.80 up from a $7.75 close on Friday. Now, it is only up a little over 5%. The…
Could Your Bank Be Closed By The Feds? (C)(IMB)(BAC)(NCC)
The most important financial lifeline for most small businesses and consumers is their bank. More often than not these banks are regional or local. They are easier to approach and tend to give better…
Apple (AAPL) Sells One Million iPhones In Three Days, Little Reaction By Stock
According to Apple (AAPL), it sold one million versions of its new 3G handset worldwide during the first day it was on the market. "iPhone 3G had a stunning opening weekend," said Steve Jobs,…
Boeing (BA) Gets A Big Order
Abu Dhabi’s national airline today made orders for 35 Boeing (BA) 787s and 10 777s. According to a Reuters report, the list prices of the planes are worth about $8 billion Boeing’s shares are…
Key Analyst Downgrades (CSC, HPC, JBX, RMD, SAPE, HOT, TRIN, WB)
These are some of the preliminary downgrades or negative research calls seen out of Wall Street analysts this Monday morning in early morning hours: Computer Sciences Corp. (NYSE: CSC) Cut to Sell from Neutral…
Top Early Analyst Upgrades (CIEN, DF, GENZ, LPX, M, TAP, NOV, OC, VRTX)
These are some of the preliminary upgrades or positive research calls seen out of Wall Street analysts this Monday morning in early morning hours: Ciena (NASDAQ: CIEN) raised to Market Perform at JMP Securities.…
Sony (SNE): Playstation Resurrection
When the Sony (SNE) PS3 was launched to replace the aging Playstation 2, the Japanese company had great hopes that it could maintain its No.1 spot against Nintendo and the Microsoft (MSFT) Xbox franchise.…
The Price Of Oil: A Strike In Brazil
Workers for Petrobas, the largest oil company in Brazil, are going on strike. According to Bloomberg, the action may cut Brazilian daily oil output by more than half. In a world where even the…
The Government Chases Rumor Mongers, Mirages, And Ghosts
Several agencies within the federal government will start to target people and firms who spread rumors to move share prices up and down. Allegedly, this is a practices often used by short sellers to…
Fannie Mae (FNM), Freddie Mac (FRE), And Bear Strearns: Who Decides Who Lives And Who Dies?
The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed and Treasury will offer a combination of loans and stock purchases to make sure…
BUD Board Does The Right Thing, Yahoo! (YHOO) Doesn’t
The board at Anheuser-Busch (BUD) did the right thing. It got a offer well above market to sell the company. It fought for more money. When it got the better price. It sold. BUD…
With Extraordinary Start, Apple (AAPL) Moves To Dominate Smartphone Market
Apple (AAPL) probably sold over 425,000 3G iPhones in the first three days it was on the market. That would put it on track to hit forecasts from Piper Jaffray that the company will…
Media Digest 7/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the govenment will bail-out Freddie Mac (FRE) and Fannie Mae (FNM) through a combination of stock purchases and loans. Reuters reports that InBev will buy Anheuser-Busch (BUD) for $52 billion. Reuters…