It Takes Two to Contango (ICE, NMX)
In the last week or so, everybody seems to have weighed in with an opinion on whether or not speculation is responsible for the rapid recent rise in crude oil prices. Until yesterday, however,…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 238Top 10 Pre-Market Analyst Calls (ADCT, ANN, ASH, ASMI, CLHB, COST, IDTI, JCG, MRVL, NDAQ)
These are ten of the analyst calls we are focusing on this Friday morning: ADC Telecom (NASDAQ: ADCT) raised to Overweight at JPMorgan. AnnTaylor (NYSE: ANN) raised to Outperform at FBR. Ashland (NYSE: ASH)…
Moody’s (MCO) Egg-Heads Say Ambac (ABK) And MBIA (MBI) Are Junk
Moody’s (MCO) primary ratings unit gives Ambac (ABK) and MBIA (MBI) "Aaa" ratings. Those ratings were in trouble, but when the two companies raised capital, they kept their Good Housekeeping seals. It turns out…
Nokia (NOK) Pushes Into Africa
It would not surprise many people to hear that there are not a ton of cellphone in Africa, especially when Egypt and South Africa are taking out of the mix. Nokia (NOK) wants to…
Oil Prices: Better Profits Through Cheating
Regulators are going to look more closely at the trading of oil. According to The Wall Street Journal "U.S. regulators disclosed a broad nationwide probe into potential oil-market manipulation and said they are expanding…
Google (GOOG) Beats Yahoo! (YHOO) Like A Rented Mule
comScore (SCOR) and other analysts made the mistake of saying that Google’s click-through rates on the text advertising that runs next to its search results we not doing very well in Q1. Earnings from…
US Air (LLC), United (UAUA) On Again, Off Again Talks Are Off Again
The press alternates between reporting that United (UAUA) and US Air (LCC) are in merger talks one day, and not in merger talks the next. According to Reuters "United Airlines and US Airways have…
Ford Motor Credit Hurts Recovery, Independence
VW says it want a bigger market share in the US. Much bigger. With the tremendous competition in the world’s largest car market, it may not get there, unless it can buy its way…
Media Digest 5/30/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, merger talks between United (UAUA) and US Air (LCC) has been halted. Reuters reports that a US oil probe is focusing on price manipulation. Reuters writes that April insured mortgage defaults…
Asia Markets 5/30/2008 (SNP)(PTR)
Markets in Asia were mixed The Nikkei rose 1.5% to 14,339. Honda was up 5.1% to 3530. Sony (SNE) was up 3.9% to 5280. The Hang Seng was up .4% to 24,291. China Petro…
Lehman Ponders Wind & Solar Alternatives (LEH)
Lehman Brothers Holdings Inc. (NYSE: LEH) has announced that it is "considering" strategic alternatives for its SkyPower Corp. unit in Canada to augment its growing capital base and accelerate development of its wind and…
Capital Senior Living Farther On Strategic Review (CSU)
Capital Senior Living Corp. (NYSE:CSU) has announced that a Special Committee of its Board of Directors has engaged Banc of America Securities, part of Bank of America (NYSE: BAC), as its financial advisor. …
J. Crew Falls Off Rowboat (JCG)
Shares of J. Crew Group, Inc. (NYSE: JCG) are drowning in after-hours trading. The apparel retailer posted over 20% gains to $0.48 EPS on a 15% rise in revenues to $340.6 million. First Call…
Dell Sails Past Estimates (DELL)
Dell, Inc. (NASDAQ: DELL) came out with a solid quarter today after the close, and shares are seeing some after-hours love. The company showed $0.38 EPS on $16.08 Billion in revenues. First Call had…
The 52-Week Low Club (TTM)(RBS)
Tata Motos (TTM) Concern about company taking on financial obligationt to buy Jaguar and Rover. Falls to $13.62 from 52-week high of $21.30. Royal Bank of Scotland (RBS) Bank cannot sell its insurance unit.…