Small Business Saves The Economy’s Bacon
There are a host of reasons why small business employment numbers should have been anemic in July. But, they weren’t. As a matter of fact, small business kept overall job growth from moving into…
All Work
Douglas A. McIntyre
Karmazin Tries To Talk Up Sirius-XM on CNBC Interview (SIRI, XMSR)
Mel Karmazin of Sirius Satellite Radio Inc. (NASDAQ: SIRI) came on CNBC this morning defending the combined Sirius-XM in an exclusive with David Faber. This has shares somewhat higher by almost 4%, but Faber’s…
Fed Extends Brokerage Rescue Deal
In another move to save the finances of almost every man, woman, and child in the US, the Fed has accounced that it will extending a credit facility that it provides for primary dealers…
TOP PRE-MARKET ANALYST DOWNGRADES (ALU, EMN, FDG, GET, TAP, SEPR, SNE, WYE)
These are not all of the analyst downgrades and negative calls we are seeing this morning, but these are some of the stand out calls this Wednesday morning:Alcatel-Lucent (ALU) Cut target at UBS.Eastman Chemical…
TOP PRE-MARKET ANALYST UPGRADES (BWLD, CEDC, CVS, HSC, MER, MYGN, NATI, ORCC, SVVS, SCHN, WAG)
These are not all of the analyst upgrades and positive we are seeing this morning, and many upgrades look merely like "less negative" calls than anything. Here are this Wednesday’s early bird analyst calls:Buffalo…
Nintendo: Wii Uber Alles (MSFT)(SNE)
It has to gall corporate leviathans Microsoft (MSFT) and Sony (SNE) that Nintendo trumps them in the video game console business. The modest Japanese company did it again in the last quarter. The Japanese…
Siemens (SI) Shows It True Colors, A Lesson For GE (GE)
Most of the executives at Siemens (SI) are being dragged off in handcuffs as part of the prosecutions in the company’s bribery scandal. But, the few managers who remain are doing a spectacular job.…
Detroit Bites The Hand That Feeds It (GM)(F)
Chrysler is exiting the car leasing business and GM (GM) and Ford (F) have a foot out the door. All of those SUVs that come back off lease sit on dealer lots because no…
Dell (DELL) Hopes To Hunt And Kill Apple (AAPL) iPod
Dell (DELL) wants to accomplish what no other company has been able to do over the last five years. It wants to hunt down and kill the Apple (AAPL) iPod like a mangy dog.…
Whole Foods (WFMI) Buy-Out Of Wild Oats Back In Limbo
Here’s something you don’t see everyday: a recently completed merger facing more anti-trust scrutiny. But an appeals court has ruled that evidence of antitrust concerns in the Whole Foods/Wild Oats deal must reconsidered. The…
Media Digest 7/30/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, oil is nearing a 20% drop from its peak, moving into bear market range. Reuters writes that HP (HPQ), Yahoo! (YHOO), and Intel (INTC) are looking at ways to make the…
Asia Markets 7/30/2008 (CN)(CHU)
Markets in Asia were mostly higher. The Nikkei rose1.6% to 13,368. Mazda rose 3.3% to 623. Nissan rose 3% to 837. The Hang Seng rose 1.8% to 22,647. China Netcom (CN) rose 3.1% to…
What is Obamanomics?
Presumptive Democratic nominee Barack Obama, who just finished a well-received trip to Europe, is turning his attention to economics .Obama today was scheduled to meet with Federal Reserve Chairman Ben Bernanke to discuss the…
Housing Market Continues To Plunge
The housing market continues to be in freefall. The S&P/Case-Shiller Index plunged 15.8 percent in May, the biggest decline since records began being kept in 2001. All 20 Metropolitan Statistical Areas (MSAs) measured by…
Cramer Attacks John Thain of Merrill Lynch (MER, NYX)
On CNBC’s MAD MONEY tonight, Jim Cramer came out and added the Merrill Lynch (NYSE: MER) CEOJohn Thain to his "Wall of Shame" full of CEO’s that he wants to see go away. He…
Align’s Guidance: Wearing a Retainer in Public (ALGN)
Align Technology Inc. (NASDAQ: ALGN) has just posted some mixed earnings. Regardless of Wall Street’s and Main Street’s love of Invisalign, the stock is being pounded. The company reported earnings at $0.06 EPS on…
Electronic Arts: Earnings Weighed Against Valuation (ERTS, TTWO)
Electronic Arts Inc. (NASDAQ: ERTS) has reported its video game numbers for investors today. The company’s net was -$0.30 in GAAP EPS on $804 million in revenues (misleading numbers). Before a $231 million deferred…
52-Week Low Club (AUO, CVI, DIET, ENTR, FDP, GLBL, OIIM, PCCC, SNE, TNC, TRID, ZRAN)
Today’s list of stocks is somewhat void of financial stocks, yet many of these you’ll recognize. Here are today’s 52-week lows: AU Optronics Corp. (NYSE: AUO) stock rose over prior lows but still looking…
First Solar: Analysts Target $350 to $450 Before Earnings (FSLR)
Despite the drop in oil prices and despite a bear market in general, it is still easy to find those who think some alternative energy stocks are headed much higher. That is still the…
Can Gas Prices Make It Back To $3 This Year?
Through much of the spring and early summer, Wall St. experts and oil analysts said gasoline could break above the $5 barrier as oil moved close to $150 a barrel and vacation travel increased.…