BUD To Blow Off InBev Bid, Betray Investors
Word from several media sources is that Anheuser-Busch (BUD) will turn down a $46.4 billion offer from InBev. The offer had pushed BUD shares as high $62.72. In the previous five years, the stock…
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Year: 2008
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Newest first · Page 209Nike Earnings, Currency, Taxes & Valuation: Just There (NKE)
Nike Inc. (NYSE: NKE) posted its quarterly and fiscal earnings, with a fiscal gain of 14% in revenues, a 28% EPS gain, and a future orders gain of 11%. For the quarter, Nike posted…
Bed Bath & Beyond Earnings, Above & Beyond (BBBY)
Just when you thought home furnishings and knick knack sales were soft, Bed Bath & Beyond Inc. (NASDAQ: BBBY) came and saved the day. The company posted diluted earnings of $0.30 EPS on revenues…
Research-in-Motion Not Solid Enough (RIMM)
Research in Motion Ltd. (NASDAQ: RIMM) posted disappointing earnings today and shares are paying for it. The smartphone giant posted $0.84 EPS on $2.24 Billion in revenues. The First Call estimates were $0.85 EPS…
Larry Ellison Shows Oracle’s Earnings Worth (ORCL)
Oracle Corp. (NASDAQ: ORCL) reported earnings after the close of trading today. Its earnings were $0.47 non-GAAP EPS on $7.2 Billion revenues. The First Call estimates for the enterprise software giant were $0.44 EPS…
The 52-Week Low Club (BA)(AM)(ROK)(HON)(SONC)(LCAV)
Boeing (BA) Hit by broker downgrade on fears of order cuts from troubled airlines. Down to $69.16 from 52-week high of $107.83. American Greetings (AM) Happy card company gets beat up on poor earnings.…
Ken Heebner Keeps Up On Petrobras (PBR)
The esteemed Ken Heebner of CGM Funds came on CNBC after the coin toss announcement from the FOMC today and he has defended and reiterated his strong and solid views on Petroleo Brasileiro (NYSE:…
Oracle Earnings To Set Tech & IT Enterprise Bias (ORCL)
Oracle Corp. (NASDAQ: ORCL) reports earnings after today’s close, but it is getting the same amount of attention as an ant across the field. While everyone is focused on R-I-M, this is the stock…
FOMC’s Coin Toss
Today we saw the FOMC decision on rates, but the focus was more on the statements and wording than the unchanged Fed Funds Rate of 2.00% and a Discount Rate of 2.25%. Downside risks…
Final Expectations For Research-in-Motion Earnings (RIMM, AAPL)
Traders and investors alike are impatiently awaiting earnings out of smartphone giant Research-in-Motion Ltd. (NASDAQ: RIMM) today after the close. The entire cell phone and electronic gadget market may be paying attention to this…
Short Sellers Still Target Solar Stocks (FSLR, SPWR, ESLR, CSIQ, AKNS, HOKU)
These are not all of the solar stocks we cover on NASDAQ, but as you can see the short selling against these stocks has increased as of mid-June despite the high energy costs. Here…
China Sunergy Secures Supplies For 2009 to 2015 (CSUN)
China Sunergy Co., Ltd. (NASDAQ: CSUN) has entered into a new supply agreement with the European wafer provider REC Wafer for a high quality supply of monocrystalline 156-millimeter wafers for the seven years from…
Countrywide Holders Approve Bank of America Buyout (CFC, BAC)
If there were questions whether or not the first first of the large bank and lender deal would get done, it looks like that is history. Countrywide Financial Corporation (NYSE: CFC) has announced that…
Palm (PALM) Is Toast (AAPL)(RIMM)(GOOG)(T)(NOK)(S)
Most of the focus in the smartphone business over the last month has passed Palm (PALM) by. The new 3G Apple (AAPL) iPhone, RIM’s (RIMM) earnings, the Nokia (NOK) purchase of the piece of…
Carbon Trading Goes ETF/ETN on NYSE (NYX, GRN)
It seems that the insatiable appetite for new exchange traded funds (ETF’s) and exchange traded notes (ETN’s) has now gone as far as carbon trading, which will be a highly unique exchange traded note…