Genesco Braces For Earnings (GCO, FINL)
Thursday morning we’ll get to see earnings out of Genesco Inc. (NYSE: GCO). The estimates for the footwear company from First Call are $1.01 EPS on $485.82 million in revenues. Next quarter estimates are…
All Work
Douglas A. McIntyre
Cramer’s Piggy Call (HRL, SFD)
On tonight’s MAD MONEY on CNBC, Jim Cramer was going over his play on how to win from lower hog prices. Apparently pigs and hogs were not slaughtered enough and the breeding drove up…
Agriculture ETF Wars: Commodity ETF Beats Stock ETF (MOO, DBA, TITN)
Investors seem to not be able to get enough when it comes to investing in agriculture now. This used to be a dead boring sector but it’s now the top performer with earnings visibility…
The 52-Week Low Club (AMR)(KLAC)(HUM)
Progenics Pharmaceuticals (PGNX) Clinical trials fail. Drops to $4.33 from 52-week high of $27.59. Divx Inc (DIVX) Bad 2008 forecast. Shares sell off to $6.12 from 52-week high of $23.76. Immucor (BLUD) Buy-out of…
NASDAQ Furthers Options Interest (NDAQ, NYX)
The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) has received approval from the SEC that will allow the exchange to launch its equity and index options market. The new exchange will be called the NASDAQ…
Microsoft Acquisition Furthers Virtualization Efforts (MSFT, VMW, CTXS)
Microsoft Corp. (NASDAQ: MSFT) has announced its intended acquisition of Kidaro. This is said to be a leading provider of desktop virtualization solutions for enterprises. Microsoft noted that combining Kidaro’s virtualization with the "Microsoft…
IPO FILING: CyDex Pharmaceuticals, Inc. (CYDX, PFE, BMY, AZN)
CyDex Pharmaceuticals, Inc. has filed to come public via an IPO in what it lists for filing purposes as up to $50 million in securities sales. It has applied to have the common stock…
No Nasty Surprises in GE’s Annual Report (GE)
General Electric (NYSE: GE) issued its annual report, which Wall Street considers as a Bible for public companies. We normally peruse 10-k filings (annual reports) for all sorts of tidbits on companies and use…
Boeing (BA) Slows Deliveries Of Dreamliner
Boeing (NYSE: BA) calls it the Dreamliner but a name with "nightmare" in it would have been more appropriate. After two major delays, there are now press reports that Boeing will only deliver 45…
SPAC IPO FILING: J.W.Childs Acquisition I
J.W. Childs Acquisition I Corp., yet another SPAC, or special purpose acquisition company, has submitted an IPO filing. The filing shows a $200 million target for 20,000,000 units at $10 each. Each unit will…
Karmazin Optimistic On Merger Approval (SIRI, XMSR)
Mel Karmazin, CEO of Sirius Satellite Radio Inc. (NASDAQ: SIRI), has commented at the Bear Stearns Media Conference that he continues to be "very optimistic" over receiving proper regulatory approval for its pending merger…
$5 Gas By Labor Day
If gasoline prices move from their current average price of $3.20 to $5, the cost of fuel for a family that spends $50 a week for gas would move up over $1,000 a year.…
Heritage-Crystal Clean IPO Set For Trading (HCCI)
Heritage-Crystal Clean Inc. (NASDAQ: HCCI) has priced its initial public offering for 1.9 million shares priced at $11.50. This was in the mid-point of its IPO range that had been designated as $10.50 to…
Medco Health Solutions Files Shelf Registration (MHS)
Medco Health Solutions, Inc. (NYSE: MHS) has just made an SEC Filing that will allow the company to raise capital in the near future if it chooses. While this could be a large offering,…
WellPoint Warned, Now Humana… Blame The 2008 Election (HUM, WLP, AET)
First we saw an earnings warning out of WellPoint (NYSE: WLP) which hurt that stock and most shares in the health insurance field yesterday. WellPoint cited several factors, including medical costs, lower fully insured…
TiVo Bringing YouTube to TV (TIVO, GOOG)
TiVo Inc. (NASDAQ: TIVO) has reached an agreement with Google (NASDAQ: GOOG) to bring videos from YouTube to the television set. It will offer access to videos stored on YouTube directly to televisions that…
Suntech Power Hikes Raised Funds in Convertible Offering (STP)
Suntech Power Holdings Co., Ltd. (NYSE: STP) has priced $500 million of 3.00% Convertible Senior Notes that are due in 2013 in a private offering to qualified institutional buyers. What is interesting about the…
Could Display Advertising Put Another $2 Billion In Google’s (GOOG) Pocket
Now that Google (GOOG) has a green light to buy ad serving firm DoubleClick, it is making a foray into display advertising. Currently the company makes almost all of its money off text links…
Goldman Sachs Shovels Coal (ACI, CNX, KOL)
Goldman Sachs is panning the coal sector again this morning. It sees downside to coal stocks after a run since the start of 2008 as coal production will come online faster than many bulls…
Top 10 Pre-Market Analyst Calls (DVR, GHDX, KLAC, KR, LCAPA, LOW, NOK, PBT, TMA, UBS)
Below are the top calls that 247WallSt.com is focusing on in pre-market trading this Wednesday: Cal Dive International (NYSE: DVR) Raised To Overweight at JP Morgan. Genomic Health (NASDAQ: GHDX) Cut To Neutral at…