The 52-Week Low Club (CFC)(ETFC)(C)(MER)(AMD)
Countrywide Financial (CFC) Chapter 11 rumors, Denial does not help. Drops to $5.05 from 52-week high of $45.26. MBIA (MBI) Still plenty of panic left in the bond insurance world. Sells off to $13.98…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 418The Recession Visits Ma Bell (T)
AT&T (T) commented today that its consumer business was being hurt by a slow economy. Shares of AT&T and Verizon (VZ) have both done well this year due to strong cellular business and the…
Is GE’s (GE) Comback Over?
At mid-year, there was a great deal of excitement about the market’s changing and positive impression of GE (GE). The shares had moved from under $34 to $42.15. The nice run was caused by…
Share Collapse At E*Trade (ETFC)
After a huge sell-off of Countrywide (CFC) shares that forced the company to deny it was in deep trouble, shares of another weak financial firm, E*Trade (ETFC) are off 20% and have traded as…
Share Buybacks Not Slowing Everywhere (DELL, CSCO, MO, GE, TXN, GS, MSFT, PG)
As 2008 looks a more shaky year and one that the stock market looks like it is trying to price in a recession, there may be one victim: the share repurchase plans and stock…
The Myth Of The “Ultra-Mobile” Computer (INTC)(QCOM)(RIMM)
There is a good deal of excitement about the market for tiny computers. These would have keyboards about the size of a normal notebook but a four inch screen. They would weigh under two…
AmTech’s Stake In the Ground on Intel (INTC, AMD)
Intel (NASDAQ: INTC) is being defended by American Technology Research ("AmTech") on recent weakness today. This isn’t just a "reiterated Buy" rating (even if it is "reiterated Buy") as the direct thesis is "We…
Google (GOOG) Search Share Hits High As Microsoft (MSFT) Stumbles
Microsoft (MSFT) may have to buy more search engine companies. Its share of the US search market dropped to just above 7% in December, down from 9.8% a year ago, according to Hitwise, Google’s…
Pre-Market Stock Notes (January 8, 2008)
Bear Stearns’ (BSC) Jimmy Cayne will be stepping down as CEO but remaining as Chairman according to multiple reports. Credence Systems (CMOS) $0.05 EPS & $97.7M revenues vs. $0.05/$105M est.; but guidance much lower…
Citigroup (C) To Cut 32,000, Sell Smith Barney?
One Wall St.analyst thinks Citigroup (C) will have to make some extreme moves to keep the bank running. Speaking to The Times of London, Meredith Whitney of CIBC said that investors should look for…
Baird on Banks (BAC, BBT, CMA, FITB, KEY, MI, MTB, PNC, STI, USB, WB, WFC)
ROBERT W.BAIRD has initiated mostly cautious coverage on Banks and Financials this morning. Most are Neutral rated, although there are a few Outperform ratings in the coverage group. Here are the initiations. NEUTRAL ratings…
KB Home (KBH) Gets Worse
At KB Home (KBH) revenues totaled $2.07 billion for the quarter ended November 30, 2007, down from $3.01 billion in the corresponding quarter of 2006, primarily reflecting lower housing revenues. KBH reported a loss…
Top 10 Pre-Market Analyst Calls (BAX, BRK/A, BRK-A, EAT, GU, HTX, INFY, ISRG, SAT, SBUX, WIT)
These are not the only impact analyst calls this Tuesday, but these are the ones 247WallSt.com is focusing on in early pre-market trading: Baxter (BAX) raised to Buy from Hold at Citigroup. Berkshire Hathaway…
A $16 Billion Write-Down At Citigroup (C)
Bloomberg is reporting that a Merrill Lynch analysts says that Citigroup (C) may have to take a $16 billion fourth quarter write-down of subprime assets. Douglas A. McIntyre
Apple (AAPL) To Settle With EU?
According to a report by Reuters, Apple (AAPL) "will soon announce steps to resolve European Commission charges that its iTunes stores broke EU rules by setting prices country by country in Europe, people familiar…