Archive

Year: 2008

All Year: 2008 Articles

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The 52-Week Low Club (ESI)(AVR)(SMSI)(ANAD)

Cott Corp (COT) Job cuts. Falls to $3.81 from 52-week high of $17.33. ITT Educational Services (ESI) Cuts outlook. Student loan market is rough. Drops to $52.40 from 52-week high of $131.81. Aventine Renewable…

Douglas A. McIntyre · 19 years ago

CEO Stock Gifts Look A Little Unsavory (IACI)(MER)(C)

It looks like CEOs may have found a new way to "game" the systems for giving and getting stock. According to a piece at Portfolio.com, chief executives are particularly adroit at the way they…

Douglas A. McIntyre · 19 years ago

Qwest (Q) Wants A Better Deal From Sprint (S)

Shares of telecom company Qwest (NYSE: Q) are up almost 8% on news that it wants a better deal with Sprint (NYSE: S) for providing wireless service in its region which includes 14 states.…

Douglas A. McIntyre · 19 years ago

High-End Retail Braces For Nordstrom Earnings (JWN)

Nordstrom Inc. (NYSE: JWN) is set to report earnings after the close today.  First Call has the following estimates: Time                        EPS         $REVQ4-2008 (Jan.)   $0.88   …

Douglas A. McIntyre · 19 years ago

Will Carlyle Compete Against Corning in LCD Screens? (GLW)

There is an interesting report out of Nikkei Net Interactive in Japan, which notes that US-based private equity giant Carlyle is buying a majority stake in a joint venture that produces LCD substrates.  The…

Douglas A. McIntyre · 19 years ago

Apple (AAPL): Two Months To A 52-Week Low?

Apple (NASDAQ: AAPL) has already dropped below its six-month low and it could break below its 52-week low in April. The stock traded between $99 and $100 the last few days of April 07.…

Douglas A. McIntyre · 19 years ago

Citigroup (C) At $16?

On more than one occasion 24/7 Wall St. has said Citigroup’s (NYSE: C) shares could go as low as $15. Now Oppenheimer is saying it agrees. Bloomberg writes "Citigroup may post its second-straight quarterly…

Douglas A. McIntyre · 19 years ago

Is Bigger Better In VISA IPO? (V, MA, DFS, AXP)

Visa Inc. submitted another amendment to their IPO filing this morning. The IPO could now be the largest in history, with a proposed maximum aggregate amount in securities listed as more than $18.7 Billion. …

Douglas A. McIntyre · 19 years ago

Motorola (MOT) May Miss Handset Target

Wall St. is expecting Motorola (NYSE: MOT) to sell about 32 million handsets this quarter. Oppenheimer has cut its rating on the company to "perform" from "outperform" and says that unit sales will probably…

Douglas A. McIntyre · 19 years ago