Not a living soul expected The New York Times Company (NYT) to turn in good July results for its core newspaper group. The conventional wisdom was right about that. But, internet revenue for the…
This week may be lightly attended by traders and investors, but Dell Inc. (NASDAQ: DELL) is set to report earnings on Thursday, August 28, 2008 after the close. We’ll get to see if Hewlett-Packard…
London-based Rio Tinto (NYSE:RTP) reported earnings for the first six months of 2008, and the numbers were very impressive. Net earnings reached $6.9 billion, up 113% from the first half of 2007. The company’s…
AMD (AMD) sold its TV chip business to Broadcom (BRCM). It was not much of a bone to throw AMD shareholders. The company is still over-leveraged and faced with potential debt service problems. The…
VSInvestor has several volume trading alerts today. Thornburg Mortgage (TMA), a highly risky mortgage company stock is up sharply. Several chip firms lead by Marvell Technology (MRVL) are down on negative brokerage reports. American…
These are some of the top analyst calls we are seeing this Tuesday morning: Comverge (COMV) started as Buy at Jefferies. Salesforce.com (CRM) Raised to Buy at Citigroup. Visa (V) started as Outperform at…
Almost any time a company’s stock drops by half, management claims its goals are misunderstood and that the shares are cheap. This often leads boards to start buy-backs to drop the size of the…
GM (GM) may be able to add humiliation to the list of losses and indignities it has had to suffer over the last year as a recession and rising fuel prices have ruined its…
The evidence is thin, but at least it is available. Freddie Mac (FRE) and Fannie Mae (FNM) could raise money on their own and without a government bail-out which would wipe out common stockholders…
It is hard to make money when your own government has policies that prevent it. PetroChina (PTR) followed China Petroleum (SNP) to the earnings wood shed. According to the AP, PTR is expected to…
The Wall Street Journal declares that "Coach Will Buy Back $1 Billion of its Stock." Coach (COH), on the other hand was less optimistic. After noting that it had recently completed its $1 billion…
According to Reuters, Singapore sovereign fund Temasek say it sees value in US and UK stocks. Reuters writes that two large bond investors may get involved in raising capital for Fannie Mae (FNM) and…
Markets in Asia fell The Nikkei dropped .8% to 12,779 Yahoo Japan rose 2% to 41750. Yamaha rose 3.2% to 1859. The Hang Seng fell 1.2% to 20,859. Cathay Pacific fell 2.2% to 6.86.…
On tonight’s MAD MONEY on CNBC, Jim Cramer said that a stock you can buy that didn’t even have to buy off politicians to do well is Clean Energy Fuels Corp. (NASDAQ: CLNE). This…
Anadarko Petroleum Corporation (NYSE: APC) has authorized a rather large stock buyback plan, and it appears to be onbe of the larger buybacks we have seen in the sector on a relative basis and…
Coach, Inc. (NYSE: COH) has just authorized a new share buyback program for the repurchase of up to $1 billion of its outstanding common stock. The plan is set to expire on June 26,…
American International Group (AIG) Analysts predicting yet another losing quarter. Stock drops to $18.64 down from 52-week high of $70.13. Supervalu (SVU) No news. Falls to $23.60 from 52-week high of $43.30. Quest Resource…
Somehow the people who run Southeastern Asset Management got it into their heads that Sun Microsystems (JAVA) is a good investment. Southeastern now owns $1 billion of Sun stock. According to the The New…
The board of directors of Grey Wolf, Inc. (AMEX:GW) has been trying to sell the company for at least a couple of months at a higher price. Today, they appear to have gotten their…
Healthways (HWAY) CEO Ben Leedle had a base salary of $685,000 for the company’s latest fiscal year. Healthways managed to miss it guidance and get downgraded by Jefferies & Co. Those factors took the…