McDonald’s (MCD): Blame It On The Weather
McDonald’s (MCD) was the greatest stock in the US until it wasn’t. Improvement in same-store sales in the US and overseas drove the stock from below $32 in June 2006 to over $63 just…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 395Analyst Goes More Conservative Ahead of SanDisk Earnings (SNDK)
SanDisk Corp. (NASDAQ: SNDK) reports earnings after today’s close and estimates from First Call are $0.64 EPS on $1.27 Billion in revenues. Interestingly enough, American Technology Research analyst Doug Freedman has just made a…
If MercadoLibre Is Already Selling Stock, Should You Buy? (MELI)
MercadoLibre (NASDAQ: MELI) filed to sell up to $292,140,000 in common stock after the close of trading on Friday via JPMorgan and Merrill Lynch. The problem isn’t that this will just be dilutive to…
More Joy For McDonald’s (MCD) Shareholders
Revenue at McDonald’s (MCD) rose 6% in the fourth quarter to $5.754 billion. Operating income jumped 22% to $1.355 billion. Asia/Pacific, Middle East and Africa delivered quarterly results driven by an 11.4% comparable sales…
Alliance Data (ADS) Deal Falls Apart
Shares of Alliance Data (ADS) are trading off 42% before the open. The Blackstone Group (BX) and Aladdin Solutions have informed Alliance Data that they do not anticipate the condition to closing the merger…
Pre-Market Stock News (January 28, 2008)
Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won’t be satisfied to complete the merger; stock trading down close to 40%.American Express (AXP) reports earnings today with estimates at $0.71 EPS.Biogen…
Top 10 Pre-Market Analyst Calls (CAT, EMN, GIS, K, GNTX, MEDX, MRK, N, NE, PLT, WAG)
These are not the only analyst calls impacting stocks pre-market, but these are the top calls that 247WallSt.com is focusing on:Caterpillar (NYSE: CAT) raised to Outperform at Bear Stearns.Eastman Chemical (NYSE: EMN) raised to…
Europe Markets 1/28/2008 (BP)(BHP)(SI)
Market in Europe were off sharply at 6.30 AM New York time. The FTSE sold down 2.1% to 5,749. BP (BP) was off 3.4% to 519.5. BHP Billiton (BHP) was down 3.6% to 1366.…
Sears (SHLD) Sacks Its CEO, Lampert Lays Off Blame
Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together two weak retailers, Sears and K-Mart, to try to make on strong one. Lampert…
Cisco (CSCO) Goes After Sun (JAVA)
Cisco (CSCO) is launching a new line of products to serve big corporate data centers. According to The Wall Street Journal "the networking giant says its Nexus Series of products will address problems that…
Sony-Ericsson’s New Music Store (NOK)(AMZN)(AAPL)
Big handset company Sony-Ericsson is launching its own music store following about a billion other companies into the business of selling digital songs to owners of portable multimedia devices. That list is dominated by…
Do The Countrywide (CFC) Bond-Holders Take Bank Of America (BAC) To Court?
As far as anyone knows, Bank of America (BAC) is buying Countrywide Financial (CFC). The CFC stock price would indicate that the market has its doubts about whether the deal will close. The groups…
Countrywide (CFC): Make Mozilo Take His Comp
Angelo Mozilo, America’s favorite CEO, the head of train-wrecked mortgage-bank Countrywide Financial (CFC) has elected to pass on his pay package. According to The Wall Street Journal, Moz "is giving up $37.5 million of…
Media Digest 1/28/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, gaps in controls at Societe Generale allowed a junior trader to make at $73 billion losing bet on European shares prices. Reuters writes that Countrywide’s (CFC) CEO will give up $37.5…
Asia Markets 1/28/2008 (SNE)(TM)(LFC)(PTR)
Markets in Asia fell sharply. The Nikkei traded down 4% to 13,088. Sony (SNE) fell 4.5% to 4880. Toyota (TM) fell 4.1% to 5,340. The Hang Seng fell 4.3% 24,054. China Life (LFC) fell…