Asia Markets 6/25/2008 (NTT)(LFC)(CN)
Markets in Asia were mixed. The Nikkei fell .1% to 13,830. Konica Minolta was down 3.5% to 1871. NTT (NTT) was up 1.2% to 506000. The Hang Seng rose 1.1% to 22,699. China Life…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 211Sonic’s Earnings Aren’t Immune (SONC)
Sonic Corp. (NASDAQ: SONC) has come out after the close with reduced guidance. The outdoor drive-up burger chain is feeling the pinch from raw materials costs, labor costs, food costs, transport costs, and probably…
StemCells Shelf Filing Seems Almost ‘Re-IPO’ (STEM)
StemCells Inc. (NASDAQ: STEM) has filed a mixed securities shelf registration that will allow the company to raise up to $100 million in securities sales via any combination of stock, debt, preferred stock, and…
Evergreen Solar Decides To Sell $300M In Convertible Notes (ESLR)
Evergreen Solar, Inc. (NASDAQ: ESLR) came out after the close of trading today with the announcement that it filed a shelf registration statement to sell $300 million in senior convertible notes due 2013. Lehman…
3Com (COMS) Posts Its Year
3Com (COMS) posted numbers for its fiscal year. Revenue in the quarter was $321.3 million compared to revenue of $310.9 million in the corresponding period in fiscal 2007, a 3 percent increase. For the…
The 52-Week Low Club (UPS)(RHD)(UFS)(SSCC)
UPS (UPS) Cuts earnings forecasts. Down to $62.18 from 52-week high of $78.99. R H Donnelley (RHD) Big printer up against fall in demand and high costs. Sells off to $3.19 from 52-week high…
Monsanto Set Up For Earnings (MON)
Monsanto Co. (NYSE: MON) is set to report earnings on Wednesday morning pre-market with a conference call to follow at 9:30 AM EST opening bell. The seed and agricultural giant is expected to see…
Exchange Wars: What Will NYSE Get From Qatar? (NYX, NDAQ, CME)
NYSE Euronext (NYSE Euronext: NYX) has signed a strategic partnership with the State of Qatar in a bid that may transform the Doha Securities Market. The visibility is aimed to make Doha’s market an…
Greenspan, Out Of Touch With Reality, Prattles On
Now that Alan Greenspan has returned from his book tour, he spends his days at the race track. His family pins a note on his shirt so that the other patrons know where to…
Eastman Kodak Shrinking Itself After IRS Refund (EK)
Eastman Kodak Co. (NYSE: EK) has a few developments this morning that are acting to help the stock. For starters the company has announced a $1 Billion share repurchase program, which is close to…
Oil & Gas Top Analyst Calls (CPX, FSYS, KEG, PXD, STO)
These are some of the analyst calls impacting oil and gas related shares so far this morning from Wall Street research firms: Complete Production Services (NYSE: CPX) Raised To Overweight By JP Morgan; shares…
Reliance Steel Surges To All-Time Highs on Guidance (RS)
Reliance Steel & Aluminum Co. (NYSE: RS) is seeing a surge in pre-market trading this Tuesday after the company raised its guidance. Reliance expects its earnings to now come in a range of $2.00…
As Inflation Rises, Productivity Moves In To Save Economy
The market took the UPS (UPS) news hard. High fuel prices and slowing customer demand made the company cut its earnings forecasts, just as rival Fedex (FDX) did a week ago. According to MarketWatch:…
Could Wall St. Lose 200,000 Jobs?
Executives recruiters are estimating that total lay-offs at major Wall St firms could rise to 175,000 or more. Bloomberg writes that "As more employees are fired, workforce reductions may exceed those from the market…
Advanced Battery Tech Signs $5M Pact In China (ABAT)
Advanced Battery Technologies, Inc. (NASDAQ: ABAT) has signed a contract with Quanzhou Hongtian Science & Technology Development Co., Ltd. (QHSTD) in a deal valued at some $5 million. Advanced Battery Technologies, Inc. develops, manufactures,…