The 52-Week Low Club (AIG, GAIA, HANS, LORL, PLA, RCL, SCUR)
Today was a larger day on the wall of shame in the 52-week low club. There were some new names and some old familiar names. American International Group (NYSE: AIG) was down almost 2%…
All Work
Douglas A. McIntyre
GM (GM) Sells Off As Market Wakes Up To Troubles
It did not take a story in The Wall Street Journal to let Wall St. know that it would be a hard year for GM (GM) and its peers in the US. Perhaps the…
IPO FILING: Synthesis Energy Systems, Inc.
Synthesis Energy Systems, Inc. has filed to come public today via an initial public offering, and it will take the proposed ticker of "SYMX" on NASDAQ. The two underwriters listed in an offering for…
Satyam Broadens GE Pact In Alliance (SAY, GE)
Satyam Computer Services Ltd. (NYSE: SAY) has partnered with General Electric Co. (NYSE: GE) unit GE Healthcare to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software. The companies will jointly…
New Apple (AAPL) iPhone Rumor: June 9 Launch
Perhaps the reason those Apple (AAPL) 2.5G iPhones are so hard to come by is that the launch date for the 3G versions is set for June 9. Why have a lot of inventory…
Investors Await Intuit’s Key Quarter (INTU)
Intuit Inc. (NASDAQ: INTU) reports earnings after the close of trading today. The tax and business software provider is expected to post $1.33 EPS on $1.29 Billion in revenues. As this is the quarter…
Oppenheimer Won’t Lay Off Bad News On Banks (C)(BAC)
Oppenheimer now puts out a negative report on banks stocks every other day, like clock work. Today’s reports says that money center financial firms "may write off more than $170 billion of additional reserves…
Target Sails By Estimates (TGT, JPM, WMT)
Target Corporation (NYSE:TGT) has reported its Q1 net income of $602 million, down from $651million in the same quarter in 2007. It saw a 1.4% drop in earnings per share to $0.74 EPS on…
T. Boone Pickens: $150 Oil (EP, SD, XCO, CLNE, YHOO)
CNBC just hosted oil magnate T. Boone Pickens this morning in a sit down interview with Becky Quick. Now that his $125 target on oil has been hit, he’s making a new prediction on…
Goldman Sachs Drops Specialty Apparel Names (COLM, NKE, UA, LULU, FL, GCO, FINL, KSWS)
Goldman Sachs has noted that an analyst named Brad Cragin has left the firm, and his former targets and ratings in specialty apparel names are no longer in effect. These are some of the…
Lehman Trims European I-Bankers (UBS, CS, DB)
In a call overseas earlier this morning, Lehman Brothers decided to cut its target prices on some select European investment banks. Here are three of the investment bankers that are traded in the U.S.:…
Top 10 Pre-Market Analyst Calls (ASMI, ATAI, CCI, EMC, GNA, NFLX, NRG, PDS, TER, WGOV)
These are not the only analyst calls out there, but these are ten calls affecting stocks this Tuesday morning: ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies. ATA Inc. (NASDAQ: ATAI) started…
Home Depot (HD) Gets Dragged Beneath The Waves
It was impossible for Home Depot (HD) to post good earnings. It relies too much on the troubled housing industry. But, its earnings were cut by a huge amount, a signal that home building…
GE (GE)’s Asia Play Moves Off Track
Part of the long-term thinking at GE (GE) has been that, as the US economy slowed, emerging markets in Asia would drive double-digit returns. GE’s international business would more than make up for any…
Netflix (NFLX): On More Box For The Top Of The TV
In many homes, the TV is topped by a cable box, a DVR, a satellite box, a PC, a Slingbox, and an Unbox from Amazon (AMZN). Netflix (NFLX) thinks that television can hold the…
Banks: Brother Turns Against Brother (C)(WB)
Banks are supposed to be one another’s friends. The all have the same problems now. They are all lobbying for the same relief. They often share customers. When they compete, the Marguess of Queensbury…
New Survey: Airline Passengers Hate Airlines
Sometimes surveys are unnecessary. The results are foregone and obvious. Saying that airline passengers hate the carriers that take them around for business and pleasure is plain to anyone who has boarded a plane…
US Government Low-Balls Food Inflation Numbers
The US government now says that food prices will rise 5.5% this year. The previous forecast was 4.5%. According to The Wall Street Journal "The forecast released Monday by the Agriculture Department is the…
Eating Yahoo! (YHOO) Piece By Piece
Microsoft (MSFT) could not buy Yahoo! (YHOO), so now it is proposing to purchase just a piece. It wants to get the portal company’s search engine business and leave Yahoo! with its content portal…
A Sale Of Lehman (LEH)? More Jobs Lost On Wall St.
What is for sale on Wall St.? It depends on who one wants to believe. Some rumors are false and may be planted for nefarious reasons. Others are true, but their truth is not…