Archive

Year: 2008

All Year: 2008 Articles

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Credit Suisse Dims Solar Expectations (JASO, SOL, STP)

Credit Suisse has come out today with a call against the solar sector from its Asian team.  It is not downgrades, but the firm slashed its price targets to more in-line levels after these…

Douglas A. McIntyre · 18 years ago

Chevron Delivers, But Traders Look Out Of Gas (CVX)

Today we got earnings from oil giant Chevron Corp. (NYSE: CVX).  The company posted earnings of $7.89 billion for the quarter, which translates to $3.85 per share.  That is well above the same quarter…

Douglas A. McIntyre · 18 years ago

KBR: A Strictly Cash Business (KBR)

KBR Inc. (NYSE:KBR) reported third quarter earnings before the market opened today. The company posted EPS of $0.44 on revenue of $3 billion, virtually on target with analysts’ estimates of $0.43 EPS and revenue…

Douglas A. McIntyre · 18 years ago

Chesapeake: When Hedging Pays Off (CHK)

Predictably, as prices for crude oil and natural gas have fallen over the past two months or so, commodity hedges that were once underwater have popped to the surface again. Chesapeake Energy Corp. (NYSE:CHK)…

Douglas A. McIntyre · 18 years ago

The Economy Crumbles Even Video Games Go To Hell

In a recession, people are supposed to be able to buy soap, hamburgers, beer, and video games. This downturn may be worse than most. Electronic Arts (ERTS), posted a net loss of $310 million…

Douglas A. McIntyre · 18 years ago

Barclays (BCS) Shows Why Taxpayer Bailouts Are Junk

Barclays (BCS) turned down cash from the UK government. Unlike most large US banks, it did not want to trade independence for money. Companies such as Goldman Sachs (GS), JP Morgan (JPM), and Citigroup…

Douglas A. McIntyre · 18 years ago

The Justice Department Kicks Yahoo! To The Curb

Google (GOOG) got Yahoo! (YHOO) into talks about a partnership as a cruel joke. It gave the portal company hope that it can increase its revenue though a joint sales venture, then made a…

Douglas A. McIntyre · 18 years ago

GM (GM) Rolls Snake Eyes

So much for the plan that GM (GM) would get loot from the Federal Reserve to buy Chrysler. Sources say that the administration will no not put cash into an auto rescue deal. That…

Douglas A. McIntyre · 18 years ago

Media Digest 10/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan Fund bought shares in big banks in September including Bank of America (BAC) and…

Douglas A. McIntyre · 18 years ago

EA Spells Trouble For Video Game Sector (ERTS)

Video game leader Electronic Arts Inc. (NASDAQ: ERTS) has just reported earnings, and this sector might not be quite as immune to economic woes as you might have hoped.  The company reported a loss…

Douglas A. McIntyre · 18 years ago