Dell Sails Past Estimates (DELL)
Dell, Inc. (NASDAQ: DELL) came out with a solid quarter today after the close, and shares are seeing some after-hours love. The company showed $0.38 EPS on $16.08 Billion in revenues. First Call had…
All Work
Douglas A. McIntyre
The 52-Week Low Club (TTM)(RBS)
Tata Motos (TTM) Concern about company taking on financial obligationt to buy Jaguar and Rover. Falls to $13.62 from 52-week high of $21.30. Royal Bank of Scotland (RBS) Bank cannot sell its insurance unit.…
UN Wants Genetic Crops (MON)
The UN sees food prices staying high for years.That not only undermines much of the global economy, it means a great many people don’t eat at all. The UN’s solutions are to kill bio-fuel…
Estimates Crept Up Ahead of Dell Earnings (DELL, HPQ, EDS)
After today’s close, we’ll get to see earnings out of Dell, Inc. (NASDAQ: DELL). First Call shows that the computer giant’s earnings estimates have changed slightly since our post over the holiday weekend. It…
Legislation and Risks To Natural Gas Development (CHK, WMB, XTO, OXY, APA, EP, DVN)
The American Exploration and Production Council (AXPC) today released a study by Wood Mackenzie, an energy consulting firm, claiming that costs to the natural gas industry associated with the pending alterations to the Lieberman/Warner…
Rating The Online Financial Sections At The Top 25 Newspapers
The war for newspapers to stay profitable, and, perhaps long-term, to stay viable has become a race between the fall-off in their print advertising and the increase of their online sales. Based on a…
A Dell (DELL) Buy-Out Of Sun (JAVA): Not Likely
There have been rumors that Dell (DELL) may feel it needs to do something with Sun (JAVA), now that Hewlett-Packard (HPQ) has cut a deal to buy EDS (EDS). Dell may need to grow…
Claymore Converts Closed-End Fund to ETF (RYJ)
Claymore Advisors, LLC has announced that the Board of Trustees of the Claymore/Raymond James SB-1 Equity Fund (NYSE: RYJ), a diversified closed-end mutual fund, along with the Board of Trustees of the Claymore Exchange-Traded…
Premier Exhibitions Resolves NY A.G. Inquiry (PRXI)
Premier Exhibitions Inc. (NASDAQ: PRXI) has resolved its Attorney General inquiry with the State of New York. This inquiry was a significant overhang on the company, which has been seen in its share prices.…
Sears Earnings Smear (SHLD)
Sears Holdings Corporation (NASDAQ: SHLD) posted a loss this morning, and it is being reflected in the shares. The retail giant controlled by Eddie Lampert saw a $56 million loss, which translated to -$0.43…
Top 10 Pre-Market Analyst Calls (ALU, CHS, LONG, IFX, JNPR, MAR, MFA, NSC, SNDA, VVUS)
These are ten of the analyst calls we are focusing on this Thursday morning: Alcatel-Lucent (NYSE: ALU) Raised to Neutral from Sell at Goldman Sachs. Chico’s FAS (NYSE: CHS) cut to Sell at Citigroup.…
FCC: Broadband And Socialism
The FCC will have another of its interminable airwaves auctions soon. Telecom and tech companies will run in to buy spectrum so that they can send voice, video, data, and junk without having to…
A Conspiracy To Keep Oil Prices High
The latest theory about high oil prices is that net exporters of oil are shipping less crude while the world needs more. According to The Wall Street Journal, "Fresh data from the U.S. Department…
Interest Rates: Chaos Theory Seizes Economic Policy
According to chaos theory systems that exhibit mathematical chaos are deterministic and are therefore orderly in some sense. Interest rates share something in common with that definition. Lowering interest rates is supposed to put…
GM (GM): Custer’s Last Stand
It is not 1876, and GM (GM) CEO Rick Wagoner does not have long blond hair. But, Mr. Wagoner is in mortal trouble and there may not be much he can do about it.…
The Xbox, The Playstation, And The Holy Grail Of Search (YHOO)(MSFT)(GOOG)(SNE)
Several presentations at the All Things Digital conference this week made it clear that Microsoft (MSFT) has probably lost its appetite for buying Yahoo! (YHOO). According to Reuters, "Yahoo Inc Chief Executive Jerry Yang…
Media Digest 5/29/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) says Microsoft (MSFT) is not longer anxious for a merger. Reuters said Exxon (XOM) investors voted to keep the chairman and CEO jobs together. Reuters reports that China will…
Asia Markets 5/29/2008 (SNP)
Markets in Asia were mixed. The Nikkei rose 3% to 14,124. Nikon was up 5.1% to 3310. Mazda was up 7.3% to 513. The Hang Seng rose .2% to 24,285. China Petroleum (SNP) was…
Goldman Sachs SPAC IPO Killed (GS)
Liberty Lane Acquisition Corp. was going to be the first real special purpose acquisition company, or SPAC or blank check company, from Goldman Sachs Group Inc. (NYSE: GS). The key word in there is…
The 52-Week Low Club (ABK)(LCC)(AIG)(WB)(FVRL)(HBAN)
Ambac (ABK) Still dogged by concerns about losses and inadequate capital. Falls to $2.88 from 52-week high of $92.08. US Airways (LCC) Concerns about cost of oil get worse. Drops to $4.06 from 52-week…