Of the earnings that will hit over the next week, none are as important as Microsoft (MSFT) and AT&T (T). Both have broad business which touch consumers and businesses worldwide. Both carry fairly high…
The market may be down 600 points today. If the selling picks up, it is hard to predict a bottom. There are a very few shares which should be a good defense because of…
Markets in Europe have gained back most of their sell-offs at 5.40 AM Eastern time. The FTSE is off .1% at 5,571. BHP Billiton (BHP) is up 1.9% to 1259. BP (BP) is off…
According to Reuters, S&P futures are down 5.3%. Reuters writes that Yahoo! (YHOO) plans to cut several hundred jobs. Reuters reports that GM (GM) has unveiled a China-made hybrid. Reuters writes that subprime assets…
Asia markets fell sharply. The Nikkei was off 5.7% to 12,573. Docomo (DCM) was down 8.5% to 151000. Sony (SNE) was down 6.5% to 5110. Toyota (TM) was down 7.2% to 4880. The Hang…
Microsoft (MSFT) is behind in the virtualization software business. Way behind. Wall St.’s perception, which is probably correct, is that recent IPO VMWare (VMW) has the industry lead. The company now has a market…
Several of China’s largest banks may take billions of dollars in write-downs due to their ownership of US mortgage-backed securities. According to The Wall Street Journal "Bank of China’s total exposure to U.S. subprime…
Yahoo! (YHOO) management finally saw the writing on the wall. It read that the future was grim. The internet portal company is now almost certain to cut jobs before now and the end of…
One stock which may come under more than normal pressure tomorrow is virtualization software company VMWare (VMW). Microsoft (MSFT) disclosed detail of its plans to take on the successful IPO with offerings of its…
Shares in BHP Billiton (BHP) and Rio Tinto (RTP) both lost over 10% of their market caps in Europe trading today. For BHP that is almost $18 billion and for RTP is it almost…
There was an interesting article in this weekend’s edition of Barron’s. The financial weekly bible is noting that, despite the turmoil and perhaps terminal verdict of bond insurers, there may actually be some significant…
Tuesday could bring a 1,000 point drop on the Dow, especially if markets in Asia and Europe repeat their Monday performances tomorrow. China’s big Hang Seng index fell 5.5% to 23,818. The percentage drop…
Markets in Europe were down significantly at 7.20 AM The FTSE fell 4.9% to 5,613. BHP Billiton (BHP) was off 7.5% to 1275. BT (BT) was off 5% to 262. The DAXX dropped 6.5%…
After two years of extraordinary run-ups, China’s two big stock indices, the Hang Seng and Shanghai Composite have gone negative. The implications for the huge country could be more than just falling share prices.…
The big US companies with the weakest prospects have sold off by as much as 50% over the few months. But, because some of them have powerful brands, large customer bases, and reasonable long-term…