Archive

Year: 2008

All Year: 2008 Articles

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Tiger/Mediate: Nike/Callaway (NKE, ELY)

What sort of would it be if you could only bet on sporting events by the results only?  Who knows how much the bets were on the actual match going into sudden death today,…

Douglas A. McIntyre · 18 years ago

Adobe Earnings Footnote (ADBE)

Adobe Systems Inc. (NASDAQ: ADBE) has reported it earnings after the close.  The software maker posted $0.40 net EPS and $0.50 non-GAAP EPS on $886.9 million in revenues, and both were above First Call…

Douglas A. McIntyre · 18 years ago

The 52-Week Low Club (PPC)(PBG)(RCL)(GHS)(ACAD)

Pilgrim’s Pride (PPC) Downgraded by Credit Suisse. Down to $15.67 from 52-week high of $41. Pepsi Bottling Group (PBG) Still troubled by problems at one of Coke’s bottlers. Down to $29.22 from 52-week high…

Douglas A. McIntyre · 18 years ago

Franklin Resources Chairman Sells $40+ Million in Stock (BEN)

A fed filing today from FRANKLIN RESOURCES INC. (NYSE: BEN) indicates that Chairman of the Board Charles Johnson sold 400,000 on June 13 in two transactions at $104.78.  The value of the transaction before…

Douglas A. McIntyre · 18 years ago

Intel Solar: Start-Up & Spin-Off (INTC, GS)

Just when you thought alternative energy and solar couldn’t get hyped any more by any new players, well guess again.  Intel Corp. (NASDAQ: INTC) announced it is spinning off key assets of a start-up…

Douglas A. McIntyre · 18 years ago

GE (GE): A $100 Billion Share Buy-Back

GE (GE) shares reached a five plus year low today, at $28.38 as a JP Morgan analysts called for the company to sell off more units. While GE has auctioned off some modest parts…

Douglas A. McIntyre · 18 years ago

Sirius (SIRI) Faces The Music

The day it was clear the Sirius (SIRI) and XM Satellite (XMSR) would get the FCC green light for their merger was supposed to be a red letter day. With the agency’s staff and…

Douglas A. McIntyre · 18 years ago

Adobe Braces For Earnings (ADBE)

Adobe Systems Inc. (NASDAQ: ADBE) is set to report earnings after today’s close of trading.  The estimates from First Call are $0.46 EPS on $880 million in revenues.  As far as what is ahead,…

Douglas A. McIntyre · 18 years ago

Boardwalk Fully Committed on New Pipeline (BWP, CHK)

Boardwalk Pipeline Partners LP (NYSE:BWP) announced that it has signed a 10-year binding agreement with Chesapeake Energy (NYSE:CHK) for natural gas transportation on Boardwalk’s new Fayetteville Lateral pipeline. The pipeline is expected to begin…

Douglas A. McIntyre · 18 years ago

McClatchy (MNI) Bleeds To Death, Cuts Workforce

McClatchy posted disastrous advertising revenue numbers for May. Total ad sales at the company fell 16.6%. Total revenue was down.15.1%. With the top line falling that fast, it is hard to say how long…

Douglas A. McIntyre · 18 years ago

Fertitta Takes Landry’s (LNY)

Landry’s Restaurants, Inc. (NYSE: LNY) has announced that it has entered into a definitive agreement with Fertitta Holdings, Inc. Fertitta has agreed to acquire all outstanding common stock for $21.00 per share in cash. …

Douglas A. McIntyre · 18 years ago

Clean Diesel Technologies Signs Another License (CDTI)

Clean Diesel Technologies, Inc. (Nasdaq:CDTI) has announced a strategic license agreement with Hilite International, Inc., a supplier of automotive powertrain components headquartered in Cleveland.  The company also has design and manufacturing facilities in North…

Douglas A. McIntyre · 18 years ago

Apple (AAPL) Financial News Flash 10128

Deutsche Telekom (DT) is set to sell the new Apple (AAPL) iPhone for $1.54 to push demand. The sale will come with a large subscriber commitment to monthly use and an equally large bill.…

Douglas A. McIntyre · 18 years ago