All Work

Douglas A. McIntyre

Warren Buffett Isn’t The Answer For CIT (CIT, BRK-A, LUK)

Here comes another weekend, and here comes another round of questions about the fate of CIT Group, Inc. (NYSE: CIT).  While there were reports that Warren Buffett via Berkshire Hathaway Inc. (NYSE: BRK-A) and…

Douglas A. McIntyre · 17 years ago

Rig Counts Climb With Higher Oil (BHI, USO, OIL)

Baker Hughes Incorporated (NYSE: BHI) has released its newest data on rig counts for the last week, and it seems that oil and gas producers might finally be increasing their rigs with higher prices…

Douglas A. McIntyre · 17 years ago

Trading The Minimum Wage For Inflation

The federal minimum wage gets a boost to $7.25 an hour today, a move that may hurt the low-wage earners the Obama administration is trying to help. The result may help send us back…

Douglas A. McIntyre · 17 years ago

Rigel’s Troubled Arthritis Treatment

Biotehc firm Rigel’s (RIGL) rheumatoid arthritis drug candidate R788 did not meet its primary endpoint in Phase IIb clinical trial, probably putting in question the company’s goal of securing a R788 partner by the…

Douglas A. McIntyre · 17 years ago

The Death of the Carbon Fund ETF (ASO)

There are ETF and ETN products for just about everything.  Equities, commodities, and more.  This is even one for “Eu Carbon Allowances,” but not for long.  XShares Advisors LLC has determined to liquidate its…

Douglas A. McIntyre · 17 years ago

No Struggle In China IPO Market

The local stimulus package may be causing a bubble in the Chinese stock market. Investors may simply have unprecedented access to capital. The market may also be reacting well to the fact the GDP moved…

Douglas A. McIntyre · 17 years ago

Sunset For Ma Bell

AT&T (T) appropriately makes the point that its earnings now are driven by its cellular business and its new fiber broadband. The company now has 79.6 million wireless subscribers. The Apple (AAPL) iPhone is…

Douglas A. McIntyre · 17 years ago

Microsoft (MSFT) Has To Get Smaller

Microsoft’s (MSFT) revenue dropped 17% in the second quarter, and worse, sales dropped in all five of the firm’s operating units. The recession and the decline in PC sales are to blame for the…

Douglas A. McIntyre · 17 years ago

Dow 14,000

The media made a big deal of the fact that the DJIA rose above 9,000 for the first time in nearly eight months. The index was under 6,550 in early March, do the advance…

Douglas A. McIntyre · 17 years ago

Media Digest 7/24/2009 Reuters, WSJ, NYTimes, FT. Bloomberg

Reuters: Microsoft’s (MSFT) results and forecast were weak. Reuters:   CIT (CIT) may sell its aviation finance business. Reuters:   Fatigue at the Fed is leading to questions about its expanded role. Reuters:   Twitter will pitch…

Douglas A. McIntyre · 17 years ago

Asia Markets And Europe Open 7/24/2009

Markets in Asia were mostly higher. The Nikkei rose 1.6% to 9,945. The Hang Seng was up .5% to 19,913. PetroChina (PTR) moved up with th eprice of oil. The Shanghai Composite was up…

Douglas A. McIntyre · 17 years ago

Cramer Divides the Palm and Apple Tie (PALM, AAPL)

Jim Cramer came on CNBC’s MAD MONEY with a call that many will agree with and many will be upset about because he has been positive on the mobile internet sector.  Cramer said Apple Inc.…

Douglas A. McIntyre · 17 years ago

Microsoft (MSFT): Really Awful

Microsoft did not do as well as Wall St. had hoped. The company posted revenue of $13.1 billion and EPS of $.34 . Analysts were looking for $.36 on $14.38 billion in revenue,  A year ago, the world’s largest…

Douglas A. McIntyre · 17 years ago

Amazon.com…. Earnings Disappointment (AMZN)

Online retail giant Amazon.com Inc. (NASDAQ: AMZN) just reported earnings of $0.32 EPS and revenues of $4.65 billion, Thomson Reuters had estimates for Bezos & Friends pegged at $0.32 EPS (rounded up) on $4.69…

Douglas A. McIntyre · 17 years ago