Archive

Year: 2008

All Year: 2008 Articles

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Amazon.com Delivers, But Valuations Catching Up (AMZN)

Amazon.com (NASDAQ: AMZN) posted earnings with net income at $0.48 EPS on net sales of $5.67 Billion.  First Call had estimates pegged at $0.48 EPS and $5.37 billion in revenues.  Interestingly enough, Amazon noted…

Douglas A. McIntyre · 19 years ago

SCO’s Last Annual Report Ever? (SCOX, SCOXQ)

SCO Group, Inc. (Pink Sheet-SCOXQ), formerly "SCOX," has filed its annual report.  After you have seen the history of this company through the years, it is almost impossible not to wonder if this is…

Douglas A. McIntyre · 19 years ago

FOMC 50/50 Delivery

The FOMC made its rate cut today and delivered on 0.50% on both the FED FUNDS and on the discount rate, so now Fed Funds will be targeted at 3.00%.  Wall Street economists had…

Douglas A. McIntyre · 19 years ago

Starbucks Plan Acceptance Likely Outweighs Its Earnings (SBUX)

Starbucks Corp. (NASDAQ: SBUX) is set to report earnings today after the close of trading. First Call has estimates pegged at $0.27 EPS and $2.77 billion in revenues. Next quarter’s estimates are $0.22 EPS…

Douglas A. McIntyre · 19 years ago

VMWare (VMW) Could Fall 50% Further

VWWare (VMW) lost about a third of its value on a disappointing quarterly report. The stock is now down to $56, near a 52-week low and off a period high of better than $125.…

Douglas A. McIntyre · 19 years ago

Can Amazon.com Live Up To Growth Targets? (AMZN)

Amazon.com (NASDAQ: AMZN) is set to report earnings after the close today.  First Call has estimates pegged at $0.48 EPS and $5.37 billion in revenues. Next quarter’s estimates are $0.35 EPS and $3.92 billion…

Douglas A. McIntyre · 19 years ago

SPAC IPO Filing: Open Acquisition Corp. (OXE, VGR)

Open Acquisition Corp. is a SPAC, a special purpose acquisition company, that has filed to come public via an IPO.  With $125 million proceeds targeted at $10.00 per unit, each unit will consist of…

Douglas A. McIntyre · 19 years ago

American Water Works IPO Closer To Market (AWK)

American Water Works Company submitted an amended IPO filing after yesterday’s market closed, and this is one we at 247WallSt.com have been looking forward to.  The filing still shows a planned IPO for a…

Douglas A. McIntyre · 19 years ago

E*TRADE Insiders Buying Spree (ETFC)

There are some SEC filings out of online brokerage firm E*TRADE Financial Corp. (NASDAQ: ETFC) that shows quite a bit of insider transactions that took place on January 29.  These were all insider acquisitions…

Douglas A. McIntyre · 19 years ago

China’s Huge Bear Market (PTR)(LFC)

China’s Hang Seng Index is off almost 25% over the last three months. The S&P 500 is barely off 10% over the same period. A look at some of the components of the Hang…

Douglas A. McIntyre · 19 years ago

Q4 GDP Already Near Recession Levels

Today we got our first look at Q4 2007 GDP, and this is the preliminary data that will see two revisions ahead.  Q4 GDP just came in at +0.6%.  Most estimates we saw were…

Douglas A. McIntyre · 19 years ago

Schering-Plough Relief on Partner Earnings (SGP)

Schering-Plough Corp. (NYSE: SGP) is probably breathing a sigh of relief this morning after Merck’s earnings as it is partners with the drug giant on Vytorin and Zetia for cholesterol treatments. The combined Vytorin…

Douglas A. McIntyre · 19 years ago

Boeing Backlog More Impressive Than Guidance (BA)

Boeing Co. (NYSE: BA) posted earnings of $1.36 EPS on $17.5 Billion in revenues for its fourth quarter.  Estimates from First Call were $1.32 EPS and $17.33 Billion in revenues.  Boeing is also making…

Douglas A. McIntyre · 19 years ago

Merck’s Guidance A Relief (MRK)

Merck & Co. (NYSE: MRK) has just posted earnings that may be a relief to many who were worried about recent Vytorin woes affecting 2008 numbers.  The company posted EPS of $0.80 for Q4…

Douglas A. McIntyre · 19 years ago