Boston Scientific Keeps CEO Tobin But Dumps COO (BSX)
Boston Scientific Corporation (NYSE: BSX) is making a move which may be a questionable one if you have followed this stock for a while. The company said that President and CEO Jim Tobin will…
All Work
Douglas A. McIntyre
Small Businesses Hit By Credit Environment
The Small Business Administration’s most popular small-business loan is down 19 percent nationally in volume from the same time a year ago, based on agency data. According to the St. Louis Post-Dispatch "The reason…
Sherwin-Williams, Too Poor to Paint (SHW)
Sherwin-Williams Co. (NYSE: SHW) is under trading pressure this morning based on an earnings warning the company issued in pre-market hours. The paint and coatings company cited lower sales, housing woes, and of course…
SuccessFactors Secondary Greatly Increases Float (SFSF)
SuccessFactors, Inc. (NASDAQ: SFSF) is exiting that 180-day lock-up period, and the company is going to sell shares along with shareholders according to the SEC FILING. The company filed to sell 7,540,612 shares of…
Top 10 Pre-Market Analyst Calls (ANF, ASTI, ASMI, NILE, CHU, CSX, DPS, LLTC, QCOM, WOOF )
These are ten of the analyst calls we are focusing on this Tuesday morning in pre-market trading: Abercrombie (NYSE: ANF) cut to Market Perform at FBR. Ascent Solar (NASDAQ: ASTI) started as Neutral at…
The Newspapers: Rating The Top 25 Newspaper Websites
The struggle for large daily metropolitan newspapers to stay profitable and survive is based on the race between the drop in their print advertising and the improvement of their online sales. Newspaper industry costs…
Microsoft (MSFT) And HP (HPQ) Gang Up On Google (GOOG)
Microsoft (MSFT) has cut a deal with HP (HPQ) to put its Live Search into the internet tool bar which ships on the hardware companies PCs in the US and Canada. Redmond is, in…
US Government: $100 Plus Oil Forever
The experts in the US government have finally come around to the reality that oil prices are not going to drop. And, they could stay high for a very, very long time. "You’ve got…
Lehman (LEH): Another Financial CEO In Trouble (C)(MER)(WB)
After indicating that the worst was behind it, Lehman (LEH) may have to raise another $3.4 billion. That would be an indication that the brokerage will lose much more than expected in the second…
Yahoo! (YHOO): The Enemy Of My Friend Is My Enemy? (MSFT)(GOOG)
“It’s discouraging to think how many people are shocked by honesty and how few by deceit.”–Noel Coward When Yahoo! (YHOO) tried to run away from a buy-out offer from Microsoft (MSFT), it sought comfort…
As Fundamentals Fall Apart, XM (XMSR) And Sirius (SIRI) Face Bankruptcy
For those who have not noticed, Sirius (SIRI) and XM Satellite (XMSR) are trading near multi-year lows. That is odd since many investors believe that the FCC will approve their merger. The agency may…
Wal-Mart (WMT) Sets Out To Kill The Newspaper Industry
Newspapers have been hit by so many arrows that it is a miracle that they are still standing. As internet ads have taken away much of their revenue and costs of printing and transportation…
Media Digest 6/3/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) rejected a tie up with Google (GOOG) before the Microsoft (MSFT) bid. Retuers writes that loses may force Lehman (LEH) to raise another $3.4 billion. Reuters reports that GM…
Asia Market 6/3/2008 (HMC)(LFC)(CN)(SNP)
Markets in Asia were mostly lower. The Nikkei fell 1.6% to 14,209. Canon fell 2.3% to 5660. Honda (HMC) fell 3.3% to 3490. The Hang Seng dropped 1.8% to 24,374. China Life (LFC) fell…
Senior Housing Selling Shares (SNH)
Senior Housing Properties Trust (NYSE: SNH) has just announced that it has commenced a proposed secondary public offering of 10,000,000 common shares. the company expects to use these proceeds to repay debt and for…
The 52-Week Low Club (GHS)(RBS)(RF)(UCBH)
Gatehouse Media (GHS) Hard period for newspaper stocks. Falls to $3.75 from 52-week high of $20.15. Royal Bank of Scotland (RBS) Fear about more write-offs sends bank stocks down. Drops tpo $4.48 from 52-week…
S&P Knocks the Banks, Again (LEH, MER, MS, BAC, JPM, C, WB)
Standard & Poor’s has come out with a report that is actually weighing down on the entire market even though it is sector specific. The ratings agency has cut ratings on several major brokers…
Templeton Dragon Fund, Staying Closed-End (BEN, TDF)
There was some interesting news over at Franklin Resources, Inc. (NYSE:BEN) today. The company manages the Templeton Dragon Fund, Inc. (NYSE:TDF), a closed-end mutual fund run by legendary emerging market investment manager Mark Mobius…
Final Leg of Huge Natural Gas Pipeline Approved (KMP, SRE, COP)
Rockies Express Pipeline, LLC today announced that it has received certification from the FERC for the third and final phase of it’s 1,697-mile, 42-inch natural gas pipeline running from western Wyoming to eastern Ohio.…
Harris Value Trumps Merger (HRS)
Harris Corp. (NYSE: HRS) is seeing shares down 15% at $55.66 on almost 4-times average trading volume today. This is after the company said it wasn’t for sale after it was believed that offers…