Intel (INTC) Cuts Its Own Throat
In the world of global anti-trust, Intel (INTC) has become the Microsoft (MSFT) of the early 21st century. It is being chased around the desk by authorities in places are far flung as South…
All Work
Douglas A. McIntyre
Intel’s (INTC) Gift To The Market, A Floor Under Tech
Intel (NASDAQ:INTC) may have had a roaring quarter. Wall St. did not give it back much. The stock barely moved after hours. That is extraordinary given that Intel profits were up 25% from the…
Media Digest 7/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, talks between Time Warner’s (TWX) AOL and Yahoo! (YHOO) and Microsoft (MSFT) are heating up. Reuters reports that GM (GM) is confident that it can compete even after making large cuts.…
Asia Markets 7/16/2008 (CHL)(SNP)
Markets in Asia were mixed. The Nikkei rose .1% to 12,761. Dentsu rose 2.3% to 220000. Japan Tobacco rose 2.6% to 428000. The Hang Seng rose .5% to 21,277. China Mobile (CHL) rose 2.3%…
Seagate Tanking Disk Drives & Storage (STX, WDC)
Seagate Technology (NYSE: STX) is seeing some pain after the storage device and disk drive maker said results were going to fall short of current Street estimates. The company said income fell 70% to…
Altera Benefits from “Beat & Raise” (ALTR)
Altera Corp. (NASDAQ: ALTR) reported earnings of $0.32 EPS on a 7.1% revenue gain to $359.9 million. First Call consensus estimates were $0.27 and $346.7 million. It also issued upside guidance for Q3 with…
Intel says, “What Recession?” (INTC)
Intel Corp. (NASDAQ: INTC) has reported its earnings. The chip and processor giant posted $0.28 EPS and $9.5 Billion in revenues. Gross margin was 55.4%. First Call estimates were $0.25 EPS on $9.32 Billion…
Sun Microsystems (JAVA): Better Than Expected, But Still Awful
Sun (JAVA) turned in better-than-expected preliminary earnings, but they were poor nonetheless. Wall St. staged a relief rally. Shares moved up from a close of $8.80 to $9.57 after hours. Sun expects to report…
The 52-Week Low Club 7/15/2008 (NWS)(CBS)(DAL)(UAUA)(WB)(MS)(AIG)(C)(MER)(GHS)
Gatehouse Media (GHS) Newspaper company down again. Falls to $1 from $19. Merrill Lynch (MER) More write-off fears. Sells off to $23.64 from 52-week high of $89.23. Citigroup (C) Bad Q2 on the way.…
Sprint About To Be Acquired? (S, SKM)
Sprint Nextel (NYSE: S) just saw a rather large surge in volume as per our report at Volume Spike (VSInvestor.com). We saw a surge in trading and price based upon a CNBC report from…
Ex-Lehman CFO Erin Callan Heads To Credit Suisse (CS, LEH)
Credit Suisse Group (NYSE: CS) has announced that Erin Callan will be joining the bank as a Managing Director and Head of its Global Hedge Fund Business in a newly created position based in…
Tech Traders Bracing For Intel Earnings (INTC)
Intel Corp. (NASDAQ: INTC) is set to report earnings after the close today, and this report is likely to influence everything around chips, processors, computers, and almost anything tech-related. The chip and processor giant’s…
Singapore Now Holds 7.9% of UBS (UBS)
UBS AG (NYSE: UBS) has a filing today showing that based on action of July 10 the Government of Singapore Investment Corporation Pte. Ltd. effectively now holds a 7.9% stake in the company. The…
Merrill Lynch: Commodities May Have Peaked (MER)
If you have been worried about inflation and the price of things such as metals, energy, food, and more, Merrill Lynch (NYSE: MER) may have some hopes for you. In fact, if you have…
Stocks That Cost Less Than A Starbucks Cappuccino (NCC)(F)(Q)(SIRI)(LVLT)(FRE)(WM)(ETFC)(SBUX)
A venti cappuccino costs $4.85 at a New York City Starbucks (SBUX). There may be some tax on that. Starbucks trades at $13.57, so it still has a value well above the cost of…
Blackstone Goes Into Wind Energy in Germany (BX)
The Blackstone Group (NYSE: BX) has announced that it will form a partnership with Windland Energieerzeugungs GmbH to complete the development and construction of Meerwind. This is billed as one of the North Sea’s…
Barrick Gold’s Energy Hedge: Buy an Oil Company (ABX)
With energy prices on a seemingly never-ending upward trend, it makes sense to hedge against future price increases in any available manner. Barrick Gold Corp. (NYSE:ABX) proposed to do just that by offering C$6.00/share…
Trina Solar Files Securities Shelf (TSL)
Trina Solar Limited (NYSE: TSL) has filed a mixed securities open shelf registration to allow it to raise capital in the near future if it desires. The company has listed that it may sell…
GM (GM): No Size Is Right Size, Dividend Or Not
GM’s (GM) problem is that there is no "correct" size for its North American operations. While it is in fine shape overseas, especially in Latin America, Russia, and China, there is no way for…
Evergreen Solar Scores Another Major Contract (ESLR)
Evergreen Solar, Inc. (NASDAQ: ESLR) has signed a new long-term sales contract of roughly $1.2 Billion with IBC SOLAR AG in Germany. This contract runs through 2013 and brings Evergreen’s total contractual backlog to…