Can GM Survive Without The US Market?
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% of the American market.…
All Work
Douglas A. McIntyre
Media Digest 7/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Obama says healthcare reform is essential to the recovery. Reuters: CIT (CIT) bond advisers will push for Chapter 11. Reuters: Democrats will fight with banks on consumer agency. Reuters: Amazon (AMZN) bought Zappos…
Asia Markets And Europe Open 7/23/2009
Markets in Asia were higher. The Nikkei rose .7% to 9,793. Sony (SNE) jumped higher. The Hang Seng moved up 2.7% to 19,783. The Shanghai Composite was up 1% to 3,328. At the open…
Buffett Dumps Moody’s (MCO, BRK-A)
Moody’s Corporation (NYSE: MCO) just got a rather interesting insider selling shares, none other than Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). The listed entities were Berkshire itself, National Indemnity, OBH, and GEICO. The…
$2 Billion IPO Filing: JBS USA Holdings (JBS)
JBS USA Holdings, Inc. has just filed for an initial public offering of common stock an an amount of up to $2,000,000,000.00. This consists of an international offering in the United States and other…
SanDisk Made Money… Can It Be? (SNDK)
Flash memory giant SanDisk Corp. (NASDAQ: SNDK) posted a surprise profit. Earnings were $52.5 million, or $0.23 EPS, but its non-GAAP earnings were $0.36 EPS. That compares to a loss of $73.75 million a…
E*TRADE Looks A Tad Brighter (ETFC)
E*TRADE Financial Corporation (NASDAQ: ETFC) posted some fairly poor earnings considering the improvements seen elsewhere. The good news is that these earnings are actually better or less-bad than estimates. Its loss was -$0.22 EPS…
VMWare Slows, Yet Stock Soars (VMW)
VMware Inc. (NYSE: VMW) is showing that the limitless growth of virtualization either does have some limits or that the recession put a real cap on its growth. The virtualization leader posted $0.20 in…
Amazon Becomes Shoe Deity, Takes Over Zappos (AMZN)
This will seem like a no-brainer when you consider it. Amazon.com Inc. (NASDAQ: AMZN) is acquiring online shoe leader Zappos.com in a deal said to be worth some $807 million consideration after shares, options,…
Ebay (EBAY) Earnings: PayPal Saves The Day
Ebay (EBAY) rallied into the close and ended up 2.75% to $19.45. It would be greedy for shareholders to complain. The shares are up almost 15% in the last three months. The market’s expectations…
ASP’s Hit QUALCOMM (QCOM)
QUALCOMM Inc. (NASDAQ: QCOM) has just posted $0.54 non-GAAP EPS on $2,75 billion in revenues versus the Thomson Reuters targets of $0.52 EPS and $2.73 billion in revenues. Unfortunately, the company’s effective tax rate…
Goldman Sachs Now Entirely Free From Treasury, On The Cheap (GS)
It has only been a week since everyone was drawing that TARP repayment by Goldman Sachs Group, Inc. (NYSE: GS) as being on the cheap after the investment banking firm, a.k.a. bank holding company…
At Least The Chinese Stimulus Works For The American Economy
Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But there’s no doubt that China’s plan is working for us. In the many rounds…
Solar Subsidy Realities Sink In (LDK, STP, TSL, CSUN, JASO)
The excitement in solar shares yesterday is already being met by selling and quick profit taking this morning. Yesterday’s news of the China subsidy that may bring in another 500-MW over the next two…
Gold Trends Ahead of Miner Earnings (ABX, GG, GOLD, AU, GLD)
Ben Bernanke thinks the risks of inflation may be overstated or those fearing major inflation may be misguided. But that feeling is still not shared by many on Wall Street and also not shared…
Top Day Trader Alerts (CIT, ONXX, HGSI, WINN, OFG, AAPL, AMD, YHOO, SBUX, AMLN, GILD)
The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:…
Record Earnings at Buffett’s Bank, Yet Problems Prevail (WFC, BRK-A)
Wells Fargo & Company (NYSE: WFC) just posted a record quarter for earnings. The headline numbers are considerably better than estimates. This might make Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) happy as…
Morgan Stanley (MS) Earnings: Results Only A Mother Could Love
Morgan Stanley’s (MS) stock fell 5% the moment it released its earnings for the last quarter. The firm was lucky that the drop did not become a plunge. Morgan reported a loss from continuing…
Analysts Upgrade Major Stocks (CSCO, INTC, KFT, LMT, SBUX, SY)
We have seen several impact calls from analysts this Wednesday morning. These are major stocks which have been given positive research calls and upgrades. Cisco Systems (CSCO) Raised to Outperform at Baird. Intel (INTC)…
Amazon (AMZN) Kindle Rival Gets AT&T (T) Help
Amazon’s (AMZN) Kindle e-book reader has access to the Internet through the Sprint (S) network. The e-commerce firm’s rival, Barnes & Noble (BKS), has done the Kindle one better. It will connect to the…