Archive

Year: 2008

All Year: 2008 Articles

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The 52-Week Low Club (IFX)(RTP)(POT)(MSCC)

Infineon Technologies (IFX) Misses numbers by a mile. Drops to $1.16 from 52-week high of $13.06. Rio Tinto (RTP) Falling commodities prices and ongoing disappointment about failed takeover by BHP. Down to $64.35 from…

Douglas A. McIntyre · 18 years ago

Chrysler Threatens World Order

Fighters who are about to go down for good always resort to fighting dirty. Why not? Nothing to lose. Jim Press, Chrysler’s vice chairman, repeated the party line. If we don’t get cash, we…

Douglas A. McIntyre · 18 years ago

Beige Book: Depression, Recession

All districts showed weakness… weakening labor, weak exports, weak housing, commercial real estate declines, lower housing prices, weak retail, mining and energy down, wage pressure subdued, lower manufacturing…. You already know most of this. …

Douglas A. McIntyre · 18 years ago

Before You Buy Into SanDisk Alert (SNDK)

SanDisk Corp. (NASDAQ: SNDK) has traded up most of the day on options reports from OptionMonster regarding a potential bid from Toshiba.  This was after a flurry of call options buying, but the shares…

Douglas A. McIntyre · 18 years ago

Rumor: UAW May Cry “Uncle”

According to The Wall Street Journal, "Leaders of the United Auto Workers union are close to signing off on changes to the 2007 labor contract with Detroit’s three auto makers, in a move that…

Douglas A. McIntyre · 18 years ago

Precision Drilling: The Grey Wolf Saga Continues (PDS, GW)

The merger between Precision Drilling (NYSE:PDS) and Grey Wolf (NYSE:GW) could turn into the longest running soap opera on Wall Street. Our story last month summed up the action so far.  Last night, Precision…

Douglas A. McIntyre · 18 years ago

Nexen: Another Foray from France (NXY, TOT)

The FT reported that Canadian oil company Nexen (NYSE:NXY) is being courted by France’s Total SA (NYSE:TOT). Total could be preparing a bid for as much as $16 billion for the Canadian company. Total…

Douglas A. McIntyre · 18 years ago

10 CEOs To Go In 2009: William Dillard II of Dillard’s (DDS)

Dillard’s Inc. (NYSE: DDS) could use new blood, literally.  The company is run by William Dillard II as CEO (founder’s son) and as Chairman, and its President is Alex Dillard.  There are enough Dillard…

Douglas A. McIntyre · 18 years ago

Harvard Endowment Down: Bill Gates, Send Money

Harvard produced Steve Ballmer, Bill Gates, and Jim Cramer. It has produced eight presidents has hundreds of big company CEOs. By the look of things, its investment managers are doing better than the market…

Douglas A. McIntyre · 18 years ago

The French Go After Buffett (CEG, BRK-A)

Whenever something like this comes along, one has to ask, "Are these guys serious?"  Electricite de France (EDF) yesterday offered Constellation Energy (NYSE:CEG) a premium of about 96% to purchase half of Constellation’s nuclear…

Douglas A. McIntyre · 18 years ago

Goldman Sachs & Online Bank, A Silly Notion (GS, ETFC)

If you haven’t heard of a creative and backward way of trying to rapidly acquire assets, you can look to Goldman Sachs Group (NYSE: GS) this morning.  The WSJ is reporting that the investment…

Douglas A. McIntyre · 18 years ago