Boeing (BA) Earnings: Time For CEO Jim McNerney To Leave
Financial results and news out of Boeing (NYSE:BAC) has been getting worse by the month as the company delay its new 787 and a revamped version of the 747. Today Boeing released results for…
All Work
Douglas A. McIntyre
Top 10 Analyst Upgrades, Downgrades, Initiations (ACE, ADSK, ADP, BCS, EAT, EP, LXK, NRG, PAYX, TRV)
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations which we have seen early on from Wall Street research calls: ACE Limited (ACE) Started as Outperform at RBC Capital Markets. Autodesk (ADSK)…
Macau: The New Las Vegas
Based on industry figures, Las Vegas casinos will only bring in about $4.8 billion this year. Receipts in Macau rose 22% to $3.8 billion in the third quarter. While casino companies lose money in…
The Idea Of Breaking Up The Largest Banks Gains Ground
Former Fed chief Paul Volker has argued that America’s largest banks should be broken up to prevent a situation in which another credit crisis would force the government to spend hundreds of billion of dollars to…
TARP Too Secret, GM Investment A Bust
The Troubled Asset Relief Program inspector Neil Barofsky has almost nothing good to say about the way the Treasury has handled the TARP. He released his latest report to Congress today. His first criticism.…
Larry Ellison Doesn’t Play Chicken
Larry’s Ellison, the founder and CEO of Oracle (NASDAQ:OFCL) does not make idle threats. He does not have to. In most games against his competition he holds the majority of the cards. He has…
Yahoo! (YHOO) And The Miracle Of Cost Cutting
Wall St. was impressed by but not euphoric about Yahoo!’s (NASDAQ:YHOO) third quarter earnings. The company’s net revenue was $1.131 billion, down from $1.325 billion in the period last year. Net income for the…
Media Digest (10/21/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China is having trouble managing supply and demand. Reuters: Geithner said the core programs of the TARP are ending. Reuters: Yahoo! (NASDAQ:YHOO) tripled it profits. Reuters: Sun Microsystems (NASDAQ:JAVA) will cut 3,000 jobs…
Asia Markets (10/21/2009)
Markets in Asia were slightly lower. The Nikkei was down a fraction at 10,333. The Hang Seng was down .1% to 22,372. China Mobile (NYSE:CHL) was down. The Shanghai Composite dropped .5% to 3,071.…
The 100 Hardest Working Brands In The World
There are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company. 24/7 Wall St.…
Yahoo! (YHOO) Cuts Costs, Makes Money–Market Not Impressed
Yahoo! (NASDAQ:YHOO) reported revenues of $1.575 billion for the quarter ended September 30, 2009, a decrease of 12%. Net income was $.13, compared to $.04 for the third quarter of 2008. Marketing services revenue…
SanDisk Smokes Estimates (SNDK)
SanDisk Corp. (NASDAQ: SNDK) was already a screamer as shares were up a massive 300% from their 52-week lows due to a return to profitability in the June quarter (2 quarters early). The flash…
Seagate Sets Tone for Western Digital (STX, WDC)
Seagate Technology (NASDAQ: STX) just gave us earnings ahead of disk drive and storage rival Western Digital Corp. (NYSE: WDC) earnings due on Thursday. Internal guidance from the sector and higher analysts’ estimates had…
3 More IPOs This Week Enter Troubled Waters (AGAM, DOLE, ZSTN)
The IPO market has not been going well. Over the weekend we gave a detailed run down of how many busted IPOs we had seen occur in the last couple of months, and this…
Are SPAC IPO Filings Back in Favor?
GSME Acquisition Co. became the second Special Purpose Acquisition Company (SPAC) this year to file paperwork with the SEC to go public. The blank check wants to assemble a China-based dealmaking vehicle worth about…
Subscriber Growth For Major Chinese Mobile Companies (CHL, CHU, CHA)
Today China Mobile (NYSE: CHL) posted big numbers in its subscriber growth, claiming 500 million mobile users. By this metric, China Mobile can claim the title of the worlds biggest mobile company. However, looking…
7 More DJIA Stocks on Earnings Deck (BA, MMM, AXP, T, MCD, MRK, MSFT, MO, HON)
We have already run the 5 of the 30 DJIA components that reported earnings this morning. But we still have 7 more of the 30 DJIA components reporting during the rest of this week…
24/7 Wall St. TV: Criticism Of Wall St. Bonuses
Senior members of the Administration were out in force on the Sunday TV talk shows to criticize the multi-million bonuses that many Wall St. bankers will get this year. Executives at companies that still…
Chipotle Goes Partly Solar (CMG)
Chipotle Mexican Grill (NYSE: CMG) is trying the solar gimmick, yet this is actually just another step on building upon its social already-respectable image. This morning the company announced that it is partnering with…
Top Day Trader Alerts (AAPL, BPAX, CAT, FNM, FRE, MGM, NVAX)
These are this morning’s top day trader alerts. We have more detailed price and volume data along with added color over with links through to each stock at VSInvestor.com: Apple Inc. (NASDAQ: AAPL) is…