Archive

Year: 2008

All Year: 2008 Articles

Newest first · Page 412

The Novices At Sears (SHLD) Screw-Up Again

Sears (SHLD) did worse than it had hoped at the end of last year and does not have cash for its share buyback. SHLD said domestic comparable store sales for the nine-week period ended…

Douglas A. McIntyre · 19 years ago

Europe Markets 1/14/2008 (BCS)(BT)

Markets in Europe are modestly higher at 7 AM New York time. The FTSE was up .1% to 6,207. Barclays (BCS) was up 2.4% to 476.5. BT (BT) is off 1.6% to 275.75. The…

Douglas A. McIntyre · 19 years ago

Amazon (AMZN) Takes On iTunes

Apple’s (AAPL) iTunes service has been invulnerable, at least until now. The consumer electronics company has alienated its music publisher partners by dictating pricing and revenue sharing. That would only makes sense. Apple does…

Douglas A. McIntyre · 19 years ago

Apple (AAPL) iPhone: More Than Just A Pretty Face

Google (GOOG) data show that users of Apple (AAPL) iPhones have been accessing its mobile search tools more than people with any other smartphone. According to The New York Times "the data is striking…

Douglas A. McIntyre · 19 years ago

China Mobile (CHL) Kills Apple (AAPL) iPhone Deal

China Mobile (CHL) beat Apple (AAPL) to the punch on a PR announcement, something which rarely happens. The world’s largest cellular carrier said it would not cut a deal to market the iPhone. According…

Douglas A. McIntyre · 19 years ago

China Wants Its Money Back

Late word is that the China Development Bank may pass on putting $2 billion into Citigroup (C) as was planned. According to The Wall Street Journal the Chinese government may be blocking the deal.…

Douglas A. McIntyre · 19 years ago

How Complexity Ruined Wall St: No One Read The Instruction Book

The NY Attorney General wants to know whether banks withheld information about the complex instruments which they sold to other financial companies. According to The New York Times, the investigation "centers on how the…

Douglas A. McIntyre · 19 years ago

More GM (GM) Lay-Offs: The 16 Million Car Utopia

It has not been expected, but GM (GM) may have to cut a large number of workers again. The AP reports that the company "is close to an agreement with the United Auto Workers…

Douglas A. McIntyre · 19 years ago

The Write-Down Guessing Game

CNBC reported that Citigroup (C) could have a $24 billion write-off. The source for that report is not clear. Last week, Goldman Sachs said Citi might have to take a charge of $15 billion.…

Douglas A. McIntyre · 19 years ago

Media Digest 1/14/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait Investment Authority had no comment…

Douglas A. McIntyre · 19 years ago

Panic Hits The Retail Sector (WMT)(TGT)(AXP)(COF)

When an industry says it is in a state of disarray, investors may want to head for the hills. As the National Retail Federation began its annual meeting, one of its consultants Wendy Liebmann,…

Douglas A. McIntyre · 19 years ago

Moody’s Says “No Recession”

Things may seem tight right now, but Moody’s does not think that the US economy will go into recession. CNN Money writes that the agency’s view is that "the dollar is expected to contribute…

Douglas A. McIntyre · 19 years ago

Toyota (TM) Beats Up On Ford (F) Pick-Up

Ford’s (F) new F-150 pick-up has to do well for the car market to have any kind of real comeback in the US. It is the company’s top selling vehicle and has a high…

Douglas A. McIntyre · 19 years ago

Boeing (BA) Goes To Bahrain

Gulf Air was good enough to order 24 Boeing (BA) Dreamliners with a face value of $6 billion. The planes will not be delivered until 2016 so the delays in Dreamliner production should not…

Douglas A. McIntyre · 19 years ago