Earnings on Deck: VMware & EMC (VMW, EMC)
After the close of trading today, we will get a look at the earnings report from VMware, Inc. (NYSE: VMW). The company’s former parent and still-majority shareholder (by far) is EMC Corp. (NYSE: EMC),…
All Work
Douglas A. McIntyre
AGA Medical Debuts During Cautious IPO Market (AGAM)
It was just over the weekend that we noted how cautious the initial public offering market has become. What a difference a couple months can make. Today marks the debut of AGA Medical Holdings,…
DOE Mixed Inventory Driving Oil Prices (OIH, DIG, USO, OIL)
The Department of Energy’s weekly energy inventories data is giving another mixed picture similar to last week. The difference is that this was more in-line with expectations that what we saw last week. We…
Is Buffett Becoming A Lagging Indicator? (BRK-A)
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) was out yesterday talking up “enormous progress” that has been made since a year ago. His comments came from an interview and an opening address at…
Today’s Best Market Rumors (10/21/2009) (TWX)(AAPL)(BKS)
Updated throughout the day. Updated at 1.11 PM EST: Bank of America (NYSE:BAC) will sell First Republic for $1 billion. (The Deal) Updated 1.05 PM EST: Google (NASDAQ:GOOG) may be teaming up with record…
Top Day Trader Alerts (YHOO, ISRG, PLCM, SNDK, FNM, FRE)
These are this morning’s top pre-market day trader alert stocks for Wednesday. We have more detailed analysis and data on each stock linked through to VSInvestor.com: Yahoo! Inc. (NASDAQ: YHOO) is trading up at…
Mixed Earnings Picture At Buffett’s Banks (WFC, USB, BRK-A, V)
This morning’s banking reports from Wells Fargo & Co. (NYSE: WFC) and US Bancorp (NYSE: USB) might as well be called the Warren Buffett banking reports, or the banking earnings for Berkshire Hathaway Inc.…
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…
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…