After the close of trading we’ll get to see earnings out of Cisco Systems, Inc. (NYSE: CSCO). The estimates from First Call for the networking giant are $0.38 EPS on $9.79 billion in revenues. …
Circuit City Stores, Inc. (NYSE: CC) has an interesting filing this morning, and we are frankly surprised about it. If there is one technology retailer that has screwed up its operations and that has…
Despite not knowing whom the ultimate winner of the 2008 Presidential election will be, it looks like stem cells may be one of the real bright spots as far as which area in biotech…
Icagen Inc. (NASDAQ: ICGN) has announced that it has provided notice to exercise its put option with Pfizer Inc. (NYE: PFE). This is for the private placement of approximately $10 million of Icagen common…
Polo Ralph Lauren Corp. (NYSE: RL) has posted net income of $113 million, which translates into $1.08 EPS for its Q3-2008. This is up from its net income of $111 million, or $1.03 EPS,…
IAC/InteractiveCorp (NASDAQ: IACI) has posted headline EPS $0.46, while First Call had estimates at $0.55. Total revenues were brought in at $1.86 Billion, versus a $1.83 Billion estimate. We would note that there appears…
The founder of the Linux open source project, Linus Torvalds, said Microsoft’s (NASDAQ: MSFT) Vista operating system weak and full of bugs. But, he left his hardest criticism for Apple’s OS X Leopard. "(But)…
Here are some of the top individual analyst calls in pre-market trading: Clorox (NYSE: CLX) downgraded to Underweight at Lehman. Estee Lauder (NYSE: EL) raised to Equal-weight at Lehman. Lamar Advertising (NASDAQ: LAMR) started…
It is a minority opinion, but one held by some astute people. The recession which may hit the US, or has already hit the US, could be the worst in 50 years. The argument…
When the market drops almost 400 points, investors start to think about 1,000 point drop day. They forget the little run-up the market had over the previous two weeks. Some of the safest stocks…
Banks thought they would make money on everything in 2007. Instead, they made money on nothing. That winning streak appears to be extending into 2008. One of the most sure-fire schemes at banks was…
The default rate on junk bonds in 2007 was well under 1%. Junk guru and finance professor Edward Altman says that number will move well above 4.6% this year. According to The Wall Street…
Either media companies live in a world all their own or a recession is not just around the corner. Results from Disney (NYSE: DIS) were especially good. Disney is a good indicator of the…
Things are getting worse at Toll Brothers (NYSE: TOL) For fiscal 2008’s first quarter ending January 31, home building revenues of approximately $842.7 million declined 22% compared to the same period a year ago.…
According to Reuters, BHP BIlliton (NYSE: BHP) raised its bid for Rio Tinto (NYSE: RTP). Reuters writes that Microsoft (NASD: MSFT) may raise its bid for Yahoo! (NASD: YHOO). Reuters reports that the current…