Can Best Buy Earnings Save Its Stock? (BBY, CC)
On Wednesday we’ll get to see earnings out of Best Buy Co. Inc. (NYSE: BBY). The estimates from First Call are $1.65 EPS on $13.18 billion in revenues. Next quarter estimates are $0.39 EPS…
All Work
Douglas A. McIntyre
Agriculture Earnings Duel: Mosaic vs. Monsanto (MOS, MON, MOO)
This week we’ll get to see two important earnings reports out of agriculture leaders. Wednesday we’ll get to see earnings out of Monsanto Co. (NYSE: MON). Two key calls of late are that Goldman…
Research In Motion, This Week’s Earnings Spotlight (RIMM, AAPL, PALM)
On Wednesday afternoon we’ll get to see earnings out of Research In Motion Ltd. (NASDAQ: RIMM). The estimates from First Call are $0.70 EPS on $1.85 billion in revenues. Next quarter estimates are $0.74…
Apple (AAPL): 3G iPhone A Month Out
One of the things that has kept some consumers from buying an Apple (NASDAQ: AAPL) iPhone is that it only runs on AT&T’s (NYSE: T) 2.5G network. That makes the device’s connection to the…
UBS (UBS) To Mark-Down Value Of Auction-Rate Securities
In a move that will bloody a number of its customers, UBS (UBS) will mark down the value of auction-rate securities held by its customers. According to The Wall Street Journal the bank "began…
Barry Diller Gets Wish To Hammer IACI (IACI) Shareholders
Barry Diller and John Malone went after one another in court over whether Diller could get shareholders in IAC/Interactive (IACI) to approve breaking the company into five piece. Each would be traded as a…
Northwest (NWA) To Push Deal, Cause Pilot Strike
Northwest (NWA) could not get pilots in line for a merger with Delta (DAL), so it is going to try to move forward without them. It can get ready for a pilot’s strike that…
Fraud Hits Lehman (LEH)
Lehman Brothers has been the victim of fraud to the tune of $250 million. According to The Wall Street Journal "swindlers used forged documents from one of Japan’s biggest trading companies." The money taken…
Cramer Speculates on Dialysis Drug (AMAG, XCR)
On tonight’s MAD MONEY on CNBC, Jim Cramer said he had a speculative biotech stock. His pick in the sector is AMAG Pharmaceuticals, Inc. (AMAG) because of its soon to be approved ferumoxytol, a…
Investools Files Shelf Registration (SWIM)
Investools Inc. (NASDAQ: SWIM) has filed to sell up to 3,083,178 shares of common stock in an open shelf registration. None of the shares are going to the company as this was filed on…
The 52-Week Low Club (MPG)(MTG)(WLP)(APOL)(WOOF)
Maguire (MPG) Possible sale of the company fails. Shares sell down to $12.42 from 52-week high of $38.08. MGIC (MTG) Company closes common stock offering, dilution. Stock off to $9.60 from 52-week high of…
Corel Holder Wants To Take It Private (CREL, CAPA)
Corel Corp. (NASDAQ:CREL) has announced today it has received an unsolicited proposal from Corel Holdings, L.P., which is controlled by an affiliate of Vector Capital Corporation, the holder of 69% of Corel’s outstanding common…
Optimer Pharmaceuticals Files $100 Million Shelf (OPTR)
Optimer Pharmaceuticals, Inc. (NASDAQ" OPTR) has filed an open shelf registration last night with the SEC that will allow it to sell up to $100 million in any of the following types of securities: …
ETF Launch: iShares MSCI Israel (EIS, ISL)
There is a new ETF that has launched and it is geared for US investors to invest in Israel. iShares MSCI Israel Capped Investable Market Index Fund (NYSE: EIS) seeks to track the MSCI…
ETF Launch: iShares MSCI Turkey (TUR, TKF)
There is a new ETF that has launched and it is geared for US investors to invest in Turkey. iShares MSCI Turkey Investable Market Index Fund (NYSE: TUR) seeks to track the MSCI Turkey…
ETF Launch: iShares MSCI Thailand (THD, TTF, TF)
There is a new ETF that has launched and it is geared for US investors to invest in Thailand. iShares MSCI Thailand Investable Market Index Fund (NYSE: THD) was designed to track the MSCI…
Why Wall St. Hates Starbucks (SBUX)
Starbucks (NASDAQ: SBUX) has been a disappointment recently. Same-store sales in the US slowed over the last couple of quarters. The company pushed down its guidance. Founder Howard Schultz kicked out his CEO and…
Fremont General Teeters (FMT)
Fremont General Corporation (NYSE: FMT) has received a regulatory letter from the Federal Deposit Insurance Corporation, of the FDIC, with an order to recapitalize itself. Fremont does business primarily through its wholly-owned bank subsidiary,…
J C Penney Slashes Guidance (JCP, DDS, M)
J. C. Penney Company, Inc. (NYSE:JCP) has just revised its sales and earnings guidance for the first quarter. Of course it is to the downside. The guidance reflects incremental weakness in the consumer spending…
Chesapeake Energy Secondary Priced At Slight Discount (CHK)
Chesapeake Energy Corporation (NYSE: CHK) has priced a public secondary offering of 20 million shares of common stock at $45.75 per share. Before any overallotments and before fees, the net proceeds of this deal…