Archive

Year: 2008

All Year: 2008 Articles

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Delta (DAL) And Northwest (NWA) Pilots Talk Again

Late word is that Delta (NYSE: DAL) and Northwest (NYSE: NWA) pilots have re-started talks about seniority in a combined airline. Failure of negotiations helped kill earlier merger talks between the airlines. According to…

Douglas A. McIntyre · 19 years ago

Mercadolibre, An Earnings Jumping Bean (MELI)

MercadoLibre, Inc. (NASDAQ: MELI) posted quarterly revenue increased 73.9% to $26.9 million, with an operating income margin increase to 27.1%. It also reported income from operations of $7.3 million and a net income increase…

Douglas A. McIntyre · 19 years ago

The 52-Week Low Club (FNM)(MYL)(PDLI)

Moneygram (MGI) Deal to buy company falls apart. Drops to $2.45 from 52-week high of $30.67. Universal American Financial (UAM) Cuts profit view for the year.Drops to $11.47 from 52-week high of $26.50. Fannie…

Douglas A. McIntyre · 19 years ago

AbitibiBowater Ready To Tap The Money Pits (ABH)

AbitibiBowater Inc. (NYSE: ABH) has just set the stage to raise additional capital, although it was known that some of this may be coming down the pipe.  The company has filed prospectus for an…

Douglas A. McIntyre · 19 years ago

Auction-Rate Failures Rise

While the debate continues over whether banks and brokerage houses had any obligation to keep the auction-rate market open, almost 70% of the auctions failed this week. According to Bloomberg yield on the muni-bond…

Douglas A. McIntyre · 19 years ago

Sony (SNE) Seeing No US Recession

Sony (NYSE: SNE) is still selling its share of television in the US and a poor economy, to the extent that it exists, is not keeping people away. "We have already had a solid…

Douglas A. McIntyre · 19 years ago

Big Lots Short Sellers Run for the Hills (BIG)

Big Lots Inc. (NYSE: BIG) has managed to beat lower and lower estimates this morning and its guidance for fiscal 2009 has sent the short sellers scrambling.  The discount retailer posted $0.93 EPS for…

Douglas A. McIntyre · 19 years ago

Pfizer Sets Its 2008 Path For Analysts (PFE)

Pfizer Inc. (NYSE: PFE) has given some of its basic data points for its analyst meeting today.  For starters, the company has reaffirmed its guidance for 2008 that it previously offered.  That guidance is…

Douglas A. McIntyre · 19 years ago

WiMax Gets Big Win In India (S)(CLWR)

Sprint (NYSE: S) and Clearwire (NASDAQ: CLWR) may want to move to India. According to The Inquirer Tata Communications plans to have 15 major cities using its retail WiMax solution by early 2009. It…

Douglas A. McIntyre · 19 years ago

LP IPO Spin-Off: K-Sea GP Holdings LP (KSP)

K-Sea GP Holdings LP has filed to come public via an initial public offering this morning. It has filed to sell up to $100 million in LP units for filing purposes, although that number…

Douglas A. McIntyre · 19 years ago

24/7 Wall St. Interview With TradeKing CEO Don Montanaro

24/ Wall St:. If the economy continues to drop and the markets sell off another 10% will there be a significant impact on discount brokerage earnings? What could the magnitude of that be for…

Douglas A. McIntyre · 19 years ago

Costco Mostly In-Line Earnings (COST)

Costco Wholesale Corp. (NASDAQ: COST) has posted earnings of $0.74 per share EPS on revenues of $16.62 Billion.  First Call had estimates at $0.74 on EPS and $16.85 Billion in revenues. For Feb/March, Costco…

Douglas A. McIntyre · 19 years ago

Europe Markets 3/5/2008 (HBC)(SI)

Markets in Europe were up about 1% at 6.35 AM New York time. The FTSE rose .7% to 5,810. British Airways was up 3.3% to 258.75. HSBC (HBC) was up 2.5% to 788. The…

Douglas A. McIntyre · 19 years ago