Europe Markets 4/21/2008 (BHP)(VOD)
Europe markets are narrowly mixed at 6.15 AM. The FTSE is up .2% 6,066. BHP (BHP) was up 2.5% to 1835. Vodafone (VOD) is down 2.3% to 152.4. The DAXX is down .5% to…
All Work
Douglas A. McIntyre
Is Boeing (BA) Dreamliner Delayed Again
Perhaps it is a rumor and perhaps not. German magazine Focus has reported that the launch of the Boeing (BA) Dreamliner will be delayed another six months into 2010. The publication says it got…
Circuit City (CC) Should Buy Blockbuster (BBI): The Pac-Man Defense
One the way to buying Circuit City (CC), Blockbuster (BBI) found out it may not have the money to close a deal. Its big shareholder Carl Icahn might help and there is some money…
As NCC (NCC) Raises Money, Bank Shareholders Shafted Again
NCC (NCC) was one of those banks that decided the mortgage business was simply an outstanding way to make money. The price of homes and commercial buildings would rise at 10% per annum forever,…
Viacom (VIA) Movie Deal Wrecks CBS (CBS) Prospects
The torpedoes from Viacom (VIA) ran true and have hit CBS (CBS) right in the boiler room. One of Sumner Redstone’s companies is out to get the other. Fratricide at its finest. Viacom’s Paramount…
Media Digest 4/21/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, National City (NCC) will raise as much as $7 billion. Reuters writes that Viacom (VIA) will launch a pay TV channel to compete with Time Warner’s (TWX) HBO. Its partners will…
Asia Markets 4/21/2008 (HMC)(SNE)(LFC)(PTR)
Most markets in Asia were up. The Nikkei rose 1.6% to 13,697. Canon was up 6.1% to 5380. Honda (HMC) was up 8.8% to 3330. NEC was up 7.3% to 468. Sony (SNE) was…
Looking At Starbucks (SBUX) Quality By Store, 24/7 Road-Trip
It has been one year since 24/7 Wall St. looked at over 40 Starbucks (NASDAQ: SBUX) from Texas to New York. Since then, the company has replaced its CEO with the company’s founder, Howard…
EMC & VMware, An Earnings Differential (EMC, VMW)
We already gave a preview for the stocks we consider the most go-to in tech-land this coming week, but there are other major and key stocks that are grouped in other manners. Two such…
Major Tech Earnings Upon Us (AAPL, AMZN, MSFT, YHOO)
This is going to be an extremely busy week for earnings in all industries, but tech investors will have a foursome that they will be watching ever so closely. These four are Apple Inc.…
The Market Rally Everyone Wanted Can’t Be Sustained (JPM)(ORCL)(IBM)(AAPL)(MER)(RIMM)(BIDU
Wall St. wanted some sign that the the recession might not be pulling the economy under for the next four or five quarters. Some investors still have hopes that the downturn will not be…
Has Barron’s Humiliated Itself With “Top Advisers List” (MS)(MER)(JPM)(UBS)
Once a year, Barron’s publishes its "The Top 100 Financial Advisers List." Much of the research for the article is done by an outfit known as "Winner’s Circle", based in Boca Raton. Most of…
As OPEC Holds Production, Oil Moves Toward $150
Whenever the ministers to OPEC are asked if there is any chance they will raise oil production, the answer is "no." Yesterday, the president of the cartel, Chakib Khelil, said “Any increase in production…
This week on Stockhouse April 14 – 18
Unpredictable week for U.S. stocks on mixed earnings reports Wall Street started the week down, on news of an unexpected loss at Wachovia. Tuesday and Wednesday saw U.S. stocks up on better-than-expected earnings reports…
RBS May Write-Down $14 Billion
The only good news at Royal Bank of Scotland is that the bad news is not worse. RBS will probably write down another $14 billion and raise as much as $12 billion through a…
China’s Stock Market Down By Half, Economy Is Next
There is a fairly widely held theory that moves in the stock market are a good predictor of what will happen in the broader economy two quarters later. The Shanghai Composite, the largest measure…
Stocks Which Could Double In Recession: An Industry Overview
It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply, that the…
Clean Harbors Rallies Despite Share Offering (CLHB)
Clean Harbors Inc. (NASDAQ: CLHB) announced a 2.5 million share follow-on common stock offering after market close in an SEC Filing last night. Goldman Sachs is the underwriter for the offering and is granted…
Meritage Secondary Discounted (MTH)
Meritage Homes Corporation (NYSE: MTH) priced offering of 4 million common shares at $20.50 per share after market close yesterday. The proceeds to the homebuilder from the $82 million offering will be used for…
Teekay LNG Partners Slides on Offering (TGP, TK)
Teekay LNG Partners (NYSE: TGP) priced its follow-on offering of 5million common shares at $28.75 each. The $143 million offering will be used torepay outstanding balances on a revolving credit facility that funded vesselacquisitions.…