Archive

Year: 2008

All Year: 2008 Articles

Newest first · Page 87

Day Trader Alert: Syneron medical (ELOS)

Syneron Medical Ltd. (ELOS) is generally a thin volume stock, although it may see more active trading as the opening bell gets closer.  Shares are indicated lower on an earnings warning.  It sees $0.11…

Douglas A. McIntyre · 18 years ago

Low On Cash For Chrysler Merger, GM (GM) Can Turn To Fed

There is an arcane rule in the Federal Reserve charter that allows it to provide funding to organizations outside the banking system. It is buried under dust and cob webs somewhere in the basement…

Douglas A. McIntyre · 18 years ago

Bank Accounting: Moving The Goal Posts

How often do companies get to defy the rules of GAAP? The answer is almost never. Accountants defend it like they would the Holy Grail, if they could find it. GAAP is, to a…

Douglas A. McIntyre · 18 years ago

Circuit City (CC): A Chapter 11 Or Just Massive Cuts?

The Wall Street Journal reports that Circuit City (CC) is finally addressing just how desperate its situation is. The company is reportedly considering a plan to close 150 stores and slash jobs in an…

Douglas A. McIntyre · 18 years ago

China: When 9% GDP Growth Is A Recession

China’s big stock index, the Shanghai Composite, has fallen from a 52-week high of over 6,000 to 1,974. Idiot math would say that is equivalent to the DJIA trading at 4,600. That may be…

Douglas A. McIntyre · 18 years ago

Media Digest 10/20/2008

According to Reuters, a number of retailers are cutting back holiday hiring as they anticipate lower sales. Reuters reports that GM’s (GM) interest in Chrysler’s cash is helping move a merger forward. Reuters reports…

Douglas A. McIntyre · 18 years ago

Asia Markets And Europe Open 10/20/2008

Markets in Asia were sharply higher. The Nikkei rose 3.6% to 9,006. The Hang Seng was up 5.7% to 15,385. The Shanghai Composite was up 2.3% to 1,974. In Europe, the FTSE opened up…

Douglas A. McIntyre · 18 years ago

A Theory That Wells Fargo (WFC) Numbers Are Bogus (C)(JPM)(BAC)

Analysts often as about "earnings quality". How accurate are quarterly numbers? Are they being "managed" to make a company’s fortunes appear better than they actually are? The question has come up in relationship to…

Douglas A. McIntyre · 18 years ago