Asia Markets 2/1/2008 (CHL)(PTR)
Markets in Asia were mixed. The Nikkei fell ,7% to 13,497. Hita hi (HIT) rose 1.5% to 807. KDDI fell 5.2% to 681000. The Hang Seng moved up 2.9% to 24,124. China Life (CHL)…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 389Motorola (MOT) Looks For The Exit Door
Motorola’s (NYSE: MOT) shares were halted. Then the company announced what many on Wall St. had expected. Its board will look at whether not the company should exit the cell phone business. The firm’s…
Google Follows Internet Post-Earnings Sell-Off (GOOG)
Goole Inc. (NASDAQ: GOOG) has posted its earnings and the results came in at $4.43 non-GAAP EPS on revenues of $3.39 Billion on an ex-TAC basis, and these are not going to greatly received…
The 52-Week Low Club (CDNS)(ARAY)(RNOW)(CRUS)(HSTX)
Cadence Design Systems (CDNS) posts bad numbers and gets downgrades. Falls to $9.90 from 52-week high of $24.90. Accuray (ARAY) The radiosurgery device maker reported disappointing fiscal second-quarter results. Trades off to $9.26 from…
Garmin nuvifone ‘May’ Threaten Apple iPhone (GRMN, AAPL)
Garmin Ltd. (NASDAQ: GRMN) has unveiled a new device today and this looks like many consumers will interpret it as a shot right across the bow of Apple Inc. (NASDAQ: AAPL). These are actually…
Many Homebuilders Up 100% From Lows (MTH, PHM, LEN, WCI, SPF, HOV, XHB)
Everyone knew homebuilders would turn one day and when they turned it would be fast and in a flurry of buying volume. Much of this may attributed to short covering, but much is because…
Sprint (S) To Write-Off Most Of NexTel Value
As it to confirm what a disaster its acquisition of NexTel has been, Sprint (S) will write-off as much as $31 billion in goodwill related to the deal. According to Reuters Sprint "might have…
Brinks: The Sweet Spot In A Rough Patch (BCO)
Shares of Brinks Co. (NYSE: BCO) are up significantly after today earnings report. We have been behind Brinks for several months now, and it is still an active stock on our Special Situation subscriber…
Hedge Fund Holder Says Countrywide Selling Too Cheap (CFC, BAC)
A hedge fund is claiming that Countrywide Financial (NYSE: CFC) is selling itself too cheaply to Bank of America (NYSE: BAC). SRM GLOBAL FUND GENERAL PARTNER LIMITED has filed a Schedule 13D. SRM now…
Under Armour: GARP or Value Trap? (UA)
Under Armour, Inc. (NYSE: UA) posted its earnings this morning, and some might be breathing a sigh of relief that the stock is only down marginally. The sporting apparel maker posted Q4-2007 EPS of…
The New York Times (NYT) Misses Every Number
In the fourth quarter, The New York Times (NYT) missed Wall St. estimates for EPS and revenue. EPS came in at $.44 compared to $.48. Revenue was $867 compared to estimates at $882. The…
ETF LAUNCH: China Small Cap From Claymore/AlphaShares (HAO)
The American Stock Exchange launched trading yesterday in a new exchange traded fund that tracks small cap stocks in China. It launched the Claymore/AlphaShares China Small Cap Index ETF (Amex: HAO) by Claymore Securities,…
Ford (F): More Incentives, Bad News
One of the things Ford (F) CEO Alan Mulally wanted to do at the car company was cut the use of incentives. They can cost auto firms as much as $5,000 per vehicle. Average…
Analysts Defend Alliance Data Systems After Earnings (ADS)
Alliance Data Systems Corp. (NYSE: ADS) is seeing shares surge in pre-market trading this morning. Alliance is suing Blackstone Group (NYSE: BX) over the likely merger failure. Alliance also posted its earnings yesterday after…
Goldman Sachs Conviction Buy List Changes In Gold Sector (ABX, FCX)
Goldman Sachs is making a key change in the gold sector this morning. The investment banking giant is adding Freeport-McMoRan Copper & Gold (NYSE: FCX) to the Americas Conviction Buy List. This stock is…