UK News Digest The Times, Observer, Telegraph, Guardian
According to The Times HSH Nordbank of Germany will sue UBS (NYSE: UBS) to recover up to 500 million pound which it lost on subprime instruments sold to it by the Swiss bank. The…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 361Home Improvement Earnings War: Lowe’s Versus Home Depot (HD, LOW)
This week will be an important earnings week for building supply and home improvement companies. We’ll get to see earnings out of Lowe’s Co. (NYSE: LOW) and out of Home Depot (NYSE: HD). Monday…
Wells Fargo, One of the Survivors Regardless of Others (WFC)
On Friday, after a potential deal may be struck to save the monolines, we had been pondering the overall recovery of the healthy banks in the sector. We have covered "the banks that will…
NYSE Short Interest: Bets Against Financial Firms Rises
Short interest in companies traded on the NYSE increased for a number of financial firms based on positions as of February 15. The data compares to numbers on January 31 Shares sold short in…
Life Time Fitness, Health Sacrificed With Weak Consumer (LTM)
If you thought that health and fitness was a secular trend, you wouldn’t know it if you looked at Life Time Fitness Inc. (NYSE: LTM). The health club operator found itself in a precarious…
Can Dell Counter H-P Earnings Thunder? (DELL, HPQ)
Next Thursday we’ll get to see earnings out of Dell Inc. (NASDAQ: DELL). The estimates for the turnaround computer giant from First Call are $0.36 EPS on $16.23 billion in revenues. Next quarter estimates…
The 52Week Low Club (CBEY)(BRLC)(BX)(DGX)(LTM)(AVR)
Aventine Renewable Energy (NYSE: AVR) Bad earnings and liquidity issues. Down to $6.79 from 52-week high of $20.85. Life Time Fitness (NYSE: LTM) Bad outlook from 2008. Sells off to $30.40 from 52-week high…
JB Hunt Transport Chairman Unloads Shares (JBHT)
Earl Wayne Garrison, Chairman of J B Hunt Transport Services, Inc. (NASADAQ: JBHT), just disclosed in an SEC filing that he made a sale of common stock in the company. It wasn’t a small…
SIRIUS & XM Focus: Merger Or Earnings? (XMSR, SIRI)
Next week we are getting dual earnings reports out of Sirius Satellite Radio (NASDAQ: SIRI) and from XM Satellite Radio (NASDAQ: XMSR). We are also waiting for a Department of Justice approval decision, and…
IPO Withdrawal: Transoma Medical (TSMA)
Transoma Medical, Inc. withdrew its IPO filing this morning, citing “unfavorable market conditions.” The company originally filed its IPO paperwork on October 12, 2007 and had planned to trade on the Nasdaq Global Market…
Siemens (SI) Sees No Business Slowdown
Siemens (NYSE: SI) joins the short list of big companies which claim that they are seeing no weakness in their global businesses. “It’s clear that we’re entering a phase of slowdown in the world,” …
Markets Looking To China Rail IPO
China Railway Construction Corp., the second largest Chinese railroad builder, intends to raise $3.6 billion from its IPO offering in Shanghai. Reuters has reported that the state-run company will offer some 2.8 billion A…
Level 3 (LVLT) Near $2
Perhaps the prospect of Level 3 (NASDAQ: LVLT) COO Kevin O’Hara speaking at the Merrill Lynch Communications Services Forum next week drove investors out of the stock. Shares were at $2.50 two days ago…
Cbeyond (CBEY) Get Ready For Stock Price Arctic Winter
Cbeyond (NASDAQ: CBEY) shares were hit with the Hammer of Thor today, trading off 33% to $15.58. That compares to a 52-week high of $46.51. The firm did post rough earnings. Revenue moved up…
ETF/ETN Launch For Currency Trading (ERE, SZE, CUD, ADE, EGB)
The NYSE Euronext has commenced the launch of trading of an ETF, actually an ETN, that will allow traders to trade several currencies just like buying or selling a stock. 5 Elements Spot Currency…