Citigroup (C) Will Need A Lot More Money
The biggest question running around Wall St. is how much more cash is going to have to go into the sink hole of banks, brokerages, and insurance companies. The estimates for further subprime write-downs…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 348GM (GM) Needs To Kill Some Brands
GM (NYSE: GM) has eight car brands. There has been a debate for at least 20 years, from after the Saturn brand was launched by then-CEO Roger Smith, about whether it made sense to…
A Corporate Tax Break For Paying Dividends (MSFT)(GOOG)(AMD)(BSX)
The government is fond of using taxes and tax benefits to change behavior. Put a big tax on cigarettes and people will smoke less. Put a "gas guzzler" tax on big cars and people…
Wal-Mart (WMT) And Microsoft (MSFT): Brothers In Prosperity
Recessions make strange bedfellows. Of all the truly huge businesses in the US, save the oil companies, Wal-Mart (WMT) and Microsoft (MSFT) are having unusually good runs. Yesterday, the CFO of Microsoft had the…
Media Digest 3/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters February car sales dropped sharply especially for US made vehicles. Reuters writes that BHP Billiton (BHP) is working on raising $55 billion for its potential takeover of Rio Tinto (RTP). The…
Asia Markets 3/4/2008 (HIT)(NTT)(LFC)(SNP)
Markets in Asia were mixed. The Nikkei rose a fraction to 12,992. Hitachi (HIT) fell 2.3% to 718. NTT (NTT) fell 1.7% to 461000. The Hang Seng dropped 2% to 23,120. China Life (LFC)…
Intel (INTC) Grounds Out
Intel (NASDAQ: INTC) sent the tech world and stock market more news which they did not need. The company cut its gross margin estimates. According to the company "Intel Corporation today lowered its first-quarter…
Cramer’s Natural Gas Play (CHK)
Tonight on CNBC’s MAD MONEY, Jim Cramer came out with some huge commodity price calls all around "Sweet 16" and "March Madness." His picks all revolve around "$16" for commodity price handles. He already…
Cramer’s New Play For $1,600 Gold (AEM)
Jim Cramer came out on CNBC’s MAD MONEY tonight, predicting huge gains in gold and he thinks that the current sub-$1,000 per ounce prices may go to $1,600 per ounce. He started talking about…
Jim Cramer’s Play On $16 Corn & Wheat (POT, MOO)
Jim Cramer came out on CNBC’s MAD MONEY tonight, predicting huge gains in agriculture prices and in gold. Unlike Basketball’s March Madness and a "Sweet 16" his "sweet 16" targets all revolve around "$16"…
Microsoft (MSFT): Recession Proof?
Microsoft (NASDAQ: MSFT) has not felt the impact of slower spending. Software must be sitting outside the vortex which is dragging the rest of the economy under. Redmond’s CFO says that the company’s geogaphic…
SPAC IPO FILING: Sidhu Special Purpose Capital Corp. (SOV)
After today’s close, we have yet another special purpose acquisition company, or SPAC, that has filed to come public. Sidhu Special Purpose Capital Corp. filed for an initial public offering for $150 million in…
Microsoft (MSFT) Looks To Yahoo! (YHOO) For Delivery Of Online Software
It is now plain that part of the reason Microsoft (NASDAQ: MSFT) wants to buy Yahoo! (NASDAQ: YHOO) is to use its customers as targets for Redmond’s big push into online delivered software. Google…
The Business Day In Global Warming (CSIQ, FTEK, TSL, GE, GOOG, CS, SOPW, AKNS, JASO, ENER, CPST)
Canadian Solar (NASDAQ: CSIQ) issued and sold $75 million in 6.0% Convertible Senior Notes due 2017 in a private placement on December 10, 2007, and in a filing today investors were given the right…
The Great Car Sales Bust (GM)(F)(TM)
After a tough 2007, it would be hard to believe that a domestic car company could have a 13% drop in January sales. GM (NYSE: GM) did just that. The stock is so low,…