Autodesk Not On Auto Pilot (ADSK)
Autodesk, Inc. (NASDAQ: ADSK) came out this morning with an updated guidance, and you can guess that the guidance was lowered like it has been at so many other established technology and software firms. …
All Work
Douglas A. McIntyre
Top Pre-Market Analyst Upgrades (AER, AGU, CF, GVA, MFLX, OMRI, PM, PFG, TRA)
These are some the top pre-market upgrades from analysts we have seen with more than two hours until the market opens this Tuesday morning: AerCap (AER) Raised to Buy at Citigroup. Agrium (AGU) Raised…
Top Pre-Market Analyst Downgrades (STD, XOM, HOC, ICON, TROW, VLO)
These are some the top pre-market analyst downgrades we have seen with more than two hours until the open this Tuesday morning: Banco Santander (STD) Cut to Sell at UBS. Exxon Mobil (XOM) Cut…
Dark Star Nouriel Roubini: China Will Fall Apart
Economist Nouriel Roubini has as dark a vision of the economy as any man with an IQ over 140. His latest prediction is that China will fall apart. Not much of a prediction given…
Intel’s (INTC) New Chip: When Is Enough Enough?
Intel’s (INTC) new Intel Core i7 chip is a miracle of modern science. It is much faster than all of the company’s older multi-core chips. And it uses less energy than some but not…
Why The Election Doesn’t Matter To The Economy
There is plenty of conventional wisdom about why the recession will not be helped or hindered by the results of the presidential and congressional elections. The first and foremost among these is that the…
Saving The Car Industry One Sale At A Time (GM)(F)
John Dingell and other slippery congressmen and governors who get free meals and martinis from car company lobbyists went to the Federal Reserve and begged for $10 billion to help GM (GM) finance a…
Media Digest 11/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion in the first ten months of the year. Reuters writes that the Treasury is…
Asia Market and Europe Open 11/4/2008
Markets in Asia were mixed. The Nikkei rose 6.3% to 9,115. Mitsubishi UFJ Financial. Nissan was down on a profit warning. The Hang Seng moved down 2% to 14.420. The Shanghai Composite dropped .8%…
Sirius (SIRI): With Half Of Subscriptions From Car Companies, Satellite Radio Heads To Oblivion
Approximately half of the subscribers to Sirius (SIRI) satellite radio originally came though new car sales. That channel accounted for about 80% of sales last quarter. With US car sales down 30% last month,…
New Yahoo! (YHOO) Deal With Google (GOOG): Saving Face, Little Value
Once it became clear that The Department of Justice would take dim view of Google (GOOG) selling search advertising for Yahoo! (YHOO) under a 10-year partnership, it looked as though the proposed deal would…
Coldwater Creek Up You Know Which Creek (CWTR)
Coldwater Creek Inc. (NASDAQ: CWTR) has issued an earnings warning after the close of trading. Its preliminary third quarter results show sales of approximately $225 million. But that is only the start of it. …
The 52-Week Low Club (MCK)(VSE)(ATRC)(CLZR)
McKesson (MCK) Sales slowdown and downgrade. Drops to $35.81 from 52-week high of $68.43. Verasun Energy (VSE) Chapter 11. Sells down to $.20 from 52-week high of $17.75. Atricure (ATRC) Department of Justice probe.…
Foreign & US Autos, A Nursing Home Beauty Contest (GM, F, TM, HMC)
It was no secret that US auto sales were going to be down the drain. Frankly, it is hard to find many who really expect any sudden recovery. The election on Tuesday and lower…
GM’s (GM) Stock: Now Just A Junk Bond
GM’s (GM) stock can no longer be viewed as equity in the sense that it would be at most companies. It does trade on the NYSE, at an average volume of 28 million shares…
Insight In Most Active Options (PG, HUN, GE)
We have evaluated several options trades today which struck us as rather unusual and may be indicative of speculative bets. We have put links through to each full story over at VSInvestor.com where we…
Will Gears of War 2 Challenge Halo 3 Records? (MSFT, GME)
There is another blockbuster gaming event this week on November 7: the release of "Gears of War 2 " The game published by Microsoft (NASDAQ: MSFT) Game Studio’s unit and developed by Epic Games…
Store Closings Aside: Circuit City (CC) Can’t Make It To 2009
Today’s financial news headlines and stories are about how Circuit City (CC) is closing 155 stores in the hope of staying in business. The real story is in the fine print. Based on the…
Today’s Most Remarkable Moment On Financial TV Today: CNBC And Ryanair
CNBC interviewed remarkably pompous Michael O’Leary, CEO of European discount airline Ryanair. O’Leary described why a recession is great for the economy. He called other airlines "rubbish" and explains how he is ruining British…
Shareholders Fighting SIRIUS XM To The Core (SIRI)
If you are one of the hundreds of thousands of investors following penny stocks and low-priced stocks such as SIRIUS XM Radio Inc. (NASDAQ: SIRI), then you will not be surprised to learn that…