Asia Markets And Europe Open 10/23/2008
Markets in Asia were lower. The Nikkei fell 2.5% to 8,461, pulled down by Honda (HMC) and Mizuho Financial The Hang Seng dropped 2.3% to 13,835. The Shainghai Composite fell 1.2% to 1,873. At…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 83The Recession Turns To Baidu (BIDU)
Baidu.com Inc. (NASDAQ: BIDU) has posted earnings after the close which were not very indicative of problems inside the company. In dollar-adjusted terms, the company posted and operating profit of $54.2 million and earnings…
Seagate, From Growth to Value to Warning (STX, WDC)
Seagate Technology (NASDAQ: STX) has just reported earnings after the close, and the stock has gradually gone from a growth stock to a value stock. The maker of drives and storage devices posted $0.12…
Boston Scientific Co-Founders Hit By Margin Calls (BSX)
Today after the close, SEC Filings have shown that Boston Scientific Corp. (NYSE: BSX) co-founders have been forced to sell more common stock to meet margin calls. Unfortunately this isn’t the first pony ride…
ADC Telecom Goes To Confession (ADCT)
ADC Telecom (NASDAQ: ADCT) is trimming its fiscal revenue guidance and throwing out almost every other bit of key restructuring and financial data to offer some stability to the situation. The telecom infrastructure equipment…
Amgen Becomes A Biotech Safety Stock (AMGN)
Amgen Inc. (NASDAQ: AMGN) has just posted earnings. The biotech giant for anemia treatments posted $1.09 GAAP EPS and adjusted earnings of $1.23 non-GAAP EPS and $3.875 billion in revenues. First Call had estimates…
Amazon.com Far From Immune To Consumer Slowdown (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) today posted earnings of $0.27 per share and $4.26 billion in revenue. First Call had estimates were $0.25 EPS and $4.27 billion in revenue. When the company last reported earnings…
MetroCorp Bancshares Files To Raise Cash (MCBI)
MetroCorp Bancshares, Inc. (NASDAQ: MCBI) has filed a mixed shelf securities offering that will allow the company to sell up to $100 million in securities. The securities are listed as any combination of debt…
Can Amazon.com See The Ghost Of Christmas Past? (AMZN)
Online retail giant Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after today’s close. Despite the fact that Amazon.com is now a fully profitable industry leader is probably not going to be enough…
Bank Bailout: Is The Market Better Off Than It Used To Be? (C)(JPM)
Perhaps it is because this is an election year, but everyone is going around asking "Are we better off than we used to be?" It is not just the baby-kissing politicians. People are being…
Baker Hughes Destroys Four Years Of Gains (BHI)
Lower and lower oil prices are good for the broader economy, but they are bringing pain to the oil patch. Oil services giant Baker Hughes Inc. (NYSE: BHI) is demonstrating this more than any…
H-P Joins The Club… Of 52-Week Lows (HPQ, DELL, IBM, LXK)
Hewlett-Packard Co. (NYSE: HPQ) has just joined the list of stocks which hit new 52-week lows, but it gets worse. These were actually the lowest levels seen since late in 2006. This was intra-day,…
Biotech Implosion: Dynavax (DVAX)
Dynavax Technologies Corp. (NASDAQ: DVAX) is the latest biotech implosion as shares are down some 75% today. The company gave an update on an FDA clinical hold on its investigational vaccine HEPLISAV with partner…
SanDisk Comes Under Fire From All Sides (SNDK)
SanDisk Corp. (NASDAQ: SNDK) is now under fire from all sides as the stock is sliding to new 52-week and multi-year lows. The company’s recent losses looked like one of the worst quarterly reports…
The Daily Stock Double: ICO Global Communications (ICOG, BA)
ICO Global Communications (NASDAQ: ICOG) is indicated to open up more than 100% this morning after announcing a major court win. The small cap mobile satellite services company was awarded "at least $371 million"…