Is Financial Recovery A Mirage?
There is a new feeling suffusing the financial markets that the worst of the credit crisis is over. The Fed has done most of its work. US citizens are about to get their tax…
All Work
Douglas A. McIntyre
China Creates Competition For Airbus And Boeing
Neither Airbus nor Boeing (BA) seem to be able to get their newest airplanes to customers on time. The Airbus super-jumbo A380 has frustrated the company’s customers for the better part of two years.…
Breaking Up Exxon Mobil (XOM) To Create Value
Oil companies are not typically the stuff of break-up actions. What would be the purpose of knocking Exxon Mobil (XOM) or Conoco (COP) into two pieces? Some of the answer to that comes from…
Solar Earnings On Deck (JASO, LDK, CSIQ, YGE)
This week is an extremely important week for solar stocks and alternative energy stocks. JA Solar Holdings Co. Ltd. (NASDAQ: JASO), LDK Solar Co.Ltd. (NYSE: LDK), Canadian Solar Inc. (NASDAQ: CSIQ), and Yingli Green…
Sprint’s Up… Earnings, Merger, or Deals To Dominate (S, CLWR, DT)
Sprint Nextel Corp. (NYSE: S) is set to report earnings on Monday morning, with an earnings conference call to follow at 8:00 AM EST. First Call has estimates at $0.02 EPS on $9.41 Billion…
China Gets Venezuela Oil Deal, Benefits US
The US has plenty of problems with Venezuela’s mentally troubled dictator Hugo Chavez. The most recent confrontation has been over Chavez financing guerrillas in neighboring Columbia. While the two nations throw bricks at one…
News Corp (NWS) Walks On “Newsday” Bid, Cablevision (CVC) Shareholders Likely To Get Fleeced
Rupert Murdoch of News Corp (NWS) pulled his $580 million bid for large Long Island paper "Newsday" currently owned by The Tribune Company. Cablevision (CVC), which has a large portion of its subscriber base…
Wal-Mart Earnings To Show Recession’s Best Friend (WMT, TGT)
Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings this coming Tuesday morning before the open. The company already gave an approximate revenues number of $94 Billion. As you will see below, Wall…
Sirius & XM Investors Hunker Down For Earnings (SIRI, XMSR)
Monday may be quite an interesting day for satellite radio investors. Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) will both report earnings. While everyone will be breaking down the…
FedEx Can’t Stand $126 Oil (FDX, UPS)
FedEx Corporation (NYSE: FDX) came out after the close. Apparently $126 oil is a killer, like no one knew that. When it gave its last earnings warning it was based on fuel not rising…
Will 3G & TV Drive iPhone Demand Even More? (AAPL)
The rumors of launch dates for the new Apple (NASDAQ: AAPL) version of the 3G iPhone are still rampant. Some target mid-June and some comment on early-June. Apple’s Worldwide Developers Conference is June 9…
52-Week Low Club (LNG, CCE, GEOY, HANS, IPAS, KNOT, TDSC, VLO)
Cheniere Energy, Inc. (AMEX: LNG) can thank its earnings or lack thereof today for its implosion. Shares were down well over 20% at last look around $5.78, while its 52-week trading range was $6.46…
Storage Trusts Follow Public Storage Down, Despite U-Store-It Rising (PSA, YSI, EXR, SSS)
Public Storage (NYSE: PSA) is seeing some pressure this morning after earnings. Interestingly enough, its smaller counterpart U-Store-It Trust (NYSE: YSI) rose a sharp 3.5% to $11.99 after its earnings. As u-Store-It was already…
Cheniere(s) Still Facing Issues After Earnings (LNG, CQP)
Last month we reported on a triple whammy that hit Cheniere Energy Inc. (AMEX: LNG). Today, both Cheniere and its spin-off, Cheniere Energy Partners, LP (AMEX: CQP) gave their earnings report. Cheniere Energy Inc.…
Rick’s Revisited, Still Growth & Value Alike (RICK)
Rick’s Cabaret International Inc. (NASDAQ: RICK) may not be one of the most controversial companies out there, but it is definitely one of the stranger stocks out there because of the fact that it…
Charter (CHTR) Gives Away $40 Million In Gas
Yesterday, Charter Communications (CHTR) said it would give up to $100 in gas to all new subscribers or existing subscribers that make some upgrades to their service packages. Investors are worried that they’ll lose…
Anadarko Scores With Western Gas IPO (APC, WES, EP, EPB)
In June 2006, Anadarko Petroleum (NYSE:APC) bought both Western Gas Resources and Kerr-McGee for a total of more than $23 billion. Last night, Anadarko announced that it had priced an IPO of 18.75 million…
Circuit City Finally Capitulates (CC, BBI, GS)
Circuit City Stores, Inc. (NYSE: CC) has finally capitulated. There are two separate announcements this morning, but in reality it is all part of the same issue. This will allow the company to deal…
Can Citi Find $400 Billion in Assets to Sell? (C)
Last night we saw news out of the Financial Times reporting that Citigroup, Inc. (NYSE: C) was on tap looking to unload some $400 Billion. The plan is set for today’s analyst meeting, although…
Citi Analyst On Solar Express (ESLR, FSLR, SPWR)
Citigroup has initiated coverage on several of the solar stocks in new coverage this morning. There may be other stocks attached to this full report, but these are the three we have seen so…