The 52-Week Low Club (LEH)(FNM)(FRE)(SBUX)(AMD)
AMD (AMD) Little hope that they PC and server businesses will lift revenue and the debt load looks bad in a credit crisis. Down to $4.75 from a 52-week high of $16.19. Starbucks (SBUX)…
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Newest first · Page 195Starbucks (SBUX): The Dark Empire Hits A 52-Week Low
Howard Schultz, the CEO and founder of Starbucks (SBUX) is, by any measure, a fabulously wealthy man. He owns 4.4% of the company’s shares. SBUX has a market cap of just over $10 billion,…
AMD (AMD) Hit 52-Week Low As Market’s Weak Are Buried
One of the hallmarks of a bear market is the the financially weak companies get their brains banged out. AMD (AMD) fits right in. Today it dropped to a new 52-week low of $4.75.…
Fannie Mae & Freddie Mac: Do GSE’s Fail? Or Merge? (FNM, FRE)
The financial sector is reeling yet again over woes from GSE’s. In fact, there are now many traders betting that one or both are effectively worthless for common holders. Both Fannie Mae (NYSE: FNM)…
GE Going For Partial Break-Up (GE)
General Electric Co. (NYSE: GE) is announcing the spin off of lighting and appliances and is exploring alternatives for its consumer and industrial units. This report originally came out on Bloomberg but CNBC (a…
Tyco Doubles Down on Buybacks (TYC)
Tyco International Ltd. (NYSE: TYC) has decided to re-join the stock buyback regime seen elsewhere now that it has been a year since its break-up. The company has announced that its Board of Directors…
Marathon Shows Refining is Still Reeling (MRO, TSO, VLO)
Marathon Oil (NYSE:MRO) stock is indicated lower this morning in pre-open trading following release of the company’s interim update for the second quarter. Shares of Tesoro Corp. (NYSE: TSO) and Valero Corp. (NYSE: VLO)…
Dow Chemical (DOW) Gambles Inflation Will Stay With Rolm and Hass (ROH) Buy-Out
Dow Chemical (DOW) recently raised prices on a number of its products by 20%. It said that the price of the core commodities it used in manufacturing was simply up too much. Wall St.…
Wachovia Initiates Alternative Energy (CPST, ELON, FCEL, ITRI)
Wachovia has initiated coverage of some alternative energy stocks this morning. There may be other calls so we’ll follow up with more later depending on the length and details. Here are the ones we…
Top Analyst Downgrades (CXR, ETM, ROCK, LUX, MAN, NVLS, VSE, ZUMZ)
These are some of the top DOWNGRADES we are seeing from Wall Street analysts this Thursday morning:Cox Radio (NYSE: CXR) Cut to Sell from Hold at Citigroup. Entercom (NYSE: ETM) Cut to Sell at…
Top Analyst Upgrades (AMAT, BP, CPST, EGLT, ELON, ITRI, KLAC, NSC, PQ, PCLN)
These are some of the top UPGRADES we are seeing from Wall Street analysts this Thursday morning: Applied Materials (NASDAQ: AMAT) Started as Buy at Banc of America. BP plc (NYSE: BP) raised to…
Wal-Mart (WMT): Huge Jump In US Sales, The Middle Class Feels Poor
Wal-Mart (WMT) officially has back its swagger. Same-store sales at the world’s largest retailer moved up 5.8% in June, well above industry estimates. For the period, revenue jumped almost 12% to $25.2 million, lead…
Chemicals on Fire After Rohm & Haas Merger With Dow (ROH, DOW, BRK.A, APD, CE, EMN, ASD, HUN)
Rohm & Haas (NYSE: ROH) has agreed to be acquired by Dow Chemical (NYSE: DOW) in an $18.8 Billion dollar merger ($15.3 Billion in equity value). The terms to shareholders value the company at…
Turner Broadcasting Hooks Up With Yahoo! (YHOO): A Meaningless Gesture
In another in a string of fairly useless announcement, Turner Broadcasting System and Yahoo! (YHOO) have entered a multi-year strategic alliance that will allow the two companies to collaborate on advertising and sports-related content.…
Dow Chemical (DOW) Buy Rolm and Hass (ROH) For $78 A Share
Dow Chemcial (DOW) will buy Rolm and Hass (ROH) for $78 a share or $18.8 billion. Reuters writes that Dow will make the purchase to broaden its product offerings in the paints, coatings and…