Iomai Corp. (Nasdaq: IOMI) is one of the interesting microcap stocks in the biotech sector with a government twist to its avian flu program. The company has announced positive interim results from a 500-subject…
These are the top analyst calls we are focusing on early this Thursday morning in pre-market trading: Abbott Laboratories (NYSE: ABT) Raised To Outperform at Wachovia. Altria (NYSE: MO) started as Buy at UBS.…
Markets in Europe were off modestly at 7 AM New York time. The FTSE was down .6% to 5,512. BP (BP) was down 1.9% to 505. British Air was up 3.9% to 231.75. The…
Under most circumstances, a drop in demand in the US would bring oil prices down some. The recession should cut the amount of oil consumed here as drivers, airlines, and other big markets for…
Thomas H. Lee and Bain Capital agreed to buy broadcast company Clear Channel (CCU) for $39.20 a share. As usual, several banks are putting up most of the money, an obligation of $18 billion…
Dell (DELL) announced that it will buy $23 billion of components in China this year, up 28% from last year. None other than Michael Dell himself said "China is one of the most dynamic…
Forget about mergers. The US airline industry just has to stay afloat. Rising fuel costs and a recession that will keep people off airplanes like a SARS epidemic have hit the industry mercilessly in…
No wonder the Air Force rewarded its tanker contract to Northrop Grumman (NOC) and EADS instead of Boeing (BA). The US airplane maker can’t deliver products on time. According to the FT Boeing said…
When the most powerful company in an industry says it won’t makes it numbers, the ripples are bound to look like storm-driven waves. Toyota (TM), for so long certain that it would do well…
According to Reuters, the war between Northrop Grumman (NOC) and Boeing (BA) is now going on in Congress and the public. Reuters says Dell (DELL) will buy $23 billion of components in China in…
Thursday we’ll see earnings out of FedEx Corporation (NYSE: FDX). The estimates from First Call are $1.22 EPS on $9.11 billion in revenues. Next quarter estimates are $1.95 EPS on $9.45 billion in revenues.…
Thursday we’ll see earnings out of Carnival Corp. (NYSE: CCL). The estimates from First Call are $0.29 EPS on $3.15 billion in revenues. Next quarter estimates are $0.50 EPS on $3.32 billion in revenues.…
Amicus Therapeutics (NASDAQ: FOLD) had a late afternoon surge, up 7% to $10.73. The 52 week range is $9.00 to $18.22. Baxter International (NYSE: BAX)—contaminant in recalled Heparin identified by the FDA today. Shares…
You’ve always got some weak stocks that hit 52-week lows, particularly in a bear market. But there were many active stand-out names today that normally don’t appear on this screen. 3Com Corporation (NASDAQ: COMS)…
Today we’ll see earnings out of Borders Group, Inc. (NYSE: BGP). The estimates from First Call are $1.42 EPS on $1.34 billion in revenues. Next quarter estimates are -$0.40 EPS on $759.44 million in…
This is just becoming all too familiar in the financial stocks, and the bears are still in charge since we can’t hold a major up-day. Merrill Lynch & Co. (NYSE: MER) is feeling the…
Starbucks Corp. (NASDAQ: SBUX) is holding its annual shareholder meeting today (playing right now), and with shares having slid more than 50% from highs it can’t be any shock that the home of "coffeeflation"…
After today’s close of trading, we’ll get to see the earnings report out of Nike (NYSE: NKE). First Call has estimates at $0.81 EPS and $4.36 Billion in revenues. Next quarter is also its…
Globalstar Inc. (NASDAQ: GSAT) filed for a shelf registration of mixed securities this morning that would allow it to sell up to $700 million. The registration will allow it to sell debt securities, common…
GHL Acquisition Corp. (Amex: GHQ-U), a special purpose acquisition company or SPAC, has announced that it has allowed for the separation in trading of its common stock and warrants. This SPAC will thus no…