Does Palm Deserve Its Tenfold Rise? (PALM, AAPL, RIMM)
Palm, Inc. (NASDAQ: PALM) has been on a tear of late. It was just Monday that shares were hitting fresh 52-week highs and that was after being one of last week’s winners on a…
All Work
Douglas A. McIntyre
Evermore Shares at Evergreen Solar (ESLR)
Solar panel maker Evergreen Solar, Inc. (NASDAQ:ESLR) has begun a secondary offering of common stock to raise $60 million. The company plans to offer the underwriter, Piper Jaffray & Co., a 30-day option on…
SolarWinds IPO Debuts With Strength (SWI)
SolarWinds, Inc. (NYSE: SWI) is set to debut in an initial public offering this Wednesday morning. We got a premium pricing at $12.50 for 12.11 million shares, which is higher than the $9.50 to…
Top Analyst Upgrades (ADI, IRE, COST, NOK, PG, PLD, RDS-A, SOLF, TSN)
These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning: Analog Devices (ADI) Raised to Buy at Deutsche Bank; Raised to…
Cellphone Sales Down, But Not For Apple (AAPL)
Cellphone sales dropped worldwide in the first quarter, but concerns that Apple (AAPL) iPhone sales may have been hurt appear to be overblown. According to IT research firm Gartner, cellphone sales dropped nearly 9%…
NetFlix (NFLX) Flanks Its Competition Again
NetFlix (NFLX) is making another move to keep it ahead of rivals including Amazon (AMZN) and Blockbusters. It will adding its video-on-demand service to the Microsoft (MSFT) Window Media software. According to CNET, “For…
Intel (INTC) Intends To Bite The Hand That Feeds It
Intel (INTC) plans to introduce a PC operating systems for low-end machines. The software is based on Linux, an open source platform that allows developers to create products that are often less expensive than…
Vulture Investors May Be The Key To Arresting Falling Home Prices
The housing market and housing starts are still facing deep and intractable problems. Mortgage rates may be low, but bank standards for home loans are higher. No financial firm wants to be stuck owning…
Hewlett-Packard (HPQ) Forecast Goes Beyond PCs And Printers
The market was disappointed by Hewlett-Packard’s (HPQ) forecast for the next quarter. The technology company’s results for the past quarter were in line with Wall St. estimates. Analysts look to H-P as a proxy…
Congress And Credit Cards: The Death Of Privacy, The Sunset Of Lying
The development and growth of technology has had some unexpected and unpleasant side effects. One is the death of privacy. People with cell phones snap pictures and take videos of strangers. Webcams make online…
Media Digest 5/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Treasury is keeping banks guessing about when they can repay TARP funds. Reuters: Bank of America (BAC) has raised more than $13 billion in share sales. Reuters: Hewlett-Packard’s (HPQ) financial outlook disappointed…
Asia Markets And Europe Open 5/20/2009
Markets in Asia were mixed. The Nikkei rose .6% to 9,344. The Hang Seng fell .9% to 17,388. The Shanghai Composite fell .9% to 2,651. At the open in Europe, the FTSE fell .3%…
What Will The World Do With More Search Engines? (MSFT)(GOOG)(YHOO)
Microsoft says it will introduce its new search engine within the next few days. The world’s largest software company has called the project “Kumo.” It may change that name before the public sees it.…
Does Reg. FD Exist Anymore? (BAC)
There is an interesting question that we would like to pose after hearing about an 800 million share or 825 million share secondary coming from Bank of America Corporation (NYSE: BAC). If you were…
Saving Hollywood
Even with Pirate Bay convicted, the studios need to figure out a digital strategy. By Chris Thompson of The Big Money Last month, four men who run the Pirate Bay, perhaps the largest movie-piracy…
H-P Earnings Tone, No Major Jump Over Tech Peers (HPQ)
The key earnings report from Hewlett-Packard Company (NYSE: HPQ) is now out, and it appears that the company is seeing the same trends as other technology giants. A firm recovery might not be there…
Should Banks Exiting TARP Still Pay Dividends to Government? (COF, USB, BK, BBT, STT, GS, MS, JPM, BAC)
It is no secret that the banks that can pay the money back want out from under the Troubled Asset Relief Plan, or the TARP. It is also no secret that the Treasury, the…
H-P Earnings, Charts May Be Biggest Tell (HPQ, IBM, DELL, INTC)
We are expecting the key earnings report from Hewlett-Packard Company (NYSE: HPQ) after the close of trading today. This should mark the 30th DJIA component reporting earnings this season. Because of the EDS buyout,…
VIX Breaks 30, Kills VIX ETF/ETN Trades (VXX, VXZ)
The CBOE Volatility Index, or the beloved ‘VIX’ or ‘Fear Index,’ has reached a level not seen since September, 2008. While the low yesterday appears to be 30.0, we have not seen this number…
Allstate’s In Good Hands, Without the TARP (ALL)
The Allstate Corporation (NYSE: ALL) has decided to not participate in the Troubled Asset Relief Program, or the TARP, after a careful review by the company. Management believes the company is strongly capitalized without…