GM (GM): The Little Problem Of Delphi
Delphi, the former parts operation of GE (NYSE:GM) wants out of Chapter 11. It had a $6.1 billion exit package, but the credit markets have crushed that. Now GM is faced with having to…
All Work
Douglas A. McIntyre
Military Tanker Award May Have Served US Interests (GE)(BA)(NOC)
A number of politicians and other patriots were worried that the US military awarding of a contract to build tankers may not have been good for US industry. The contract went to American firm…
Implications Of Warren Buffett Panning Insurance Industry (BRK/A, BRK/B, ABK, MBI, AIG, RE, HIG, CB, PGR)
It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the planet. Any time…
Starbucks (SBUX): Coffee Costs Give Margins Another Squeeze
Starbucks (NASDAQ: SBUX) retrained most of its store workers last week. Howard Schultz, the returned founder and CEO, has replaced a number of the lame-brains in senior management. It would be hard to tell…
Stocks Which Had The Worst Of It In February (T)(VZ)(S)(AIG)(GM)(MSFT)
No matter how bad the markets were in February, they were worse for some stocks than for others. Shares in Microsoft (NASDAQ: MSFT) dropped 16% during the second month of the year, which shows…
Fuel-Tech Readies For Earnings (FTEK)
On Wednesday we’ll get to see earnings out of Fuel-Tech, Inc. (NASDAQ: FTEK). The estimates for the combustion engineering solutions provider (cleaner coal) from First Call are $0.17 EPS and $28.04 million in revenues. …
Urban Outfitters: Rare Retail Winner Ahead of Earnings (URBN)
On Thursday morning we’ll get to see earnings out of Urban Outfitters Inc. (NASDAQ: URBN). The estimates for the specialty retail company from First Call are $462.28 million in revenues. Next quarter estimates are…
Clothing Retailers Wait For Chico’s FAS Earnings (CHS, CWTR)
On Tuesday afternoon we’ll get to see earnings out of Chico’s FAS Inc. (NYSE: CHS). The estimates for the specialty womens retailer from First Call are $416.93 million in revenues. Next quarter estimates are…
Chip Stocks Brace For Marvell & National Semi Earnings (NSM, MRVL)
By now, we’ve seen most major tech earnings and we’ve already seen most major chip earnings. If it was a movie, the last earnings and guidance would be called "The Poor and the Fair"…
Short Sellers In Big Lots Ahead of Earnings (BIG)
On Wednesday morning we’ll get to see earnings out of Big Lots Inc. (NYSE: BIG). The estimates for the closeout retailer from First Call are $0.84 EPS on $1.41 billion in revenues. Next quarter…
Can Staples Earnings Change The “going sideways” Path?
On Tuesday morning we’ll get to see earnings out of Staples, Inc. (NASDAQ: SPLS). The estimates for the office supplier from First Call are $0.47 EPS on $5.37 billion in revenues. Next quarter estimates…
Clearwire Earnings… Win, Lose, or Draw? (CLWR, S, MOT)
On Tuesday morning we’ll get to see earnings out of Clearwire Corporation (NASDAQ: CLWR). The estimates for the wireless broadband service provider from First Call are -$1.01 EPS on $46.13 million in revenues. Next…
Corporate Bankruptcies Likey To Take Sharp Jump (CHTR)(MNI)(JRC)(LVLT)
It should come as no surprise that companies which has taken on too much debt over the last three years will start to fail and have to file for Chapter 11. Some of the…
Venezuela Say Exxon (XOM) Asset Seizure Based On Fantasy
PDVSA, the state-owned oil company of crack-pot Hugo Chavez’s Venezuelan government, claims that Exxon’s (NYSE:XOM) seizer of $12 billion in assets is based on "fantasy". Lawyers for PDVSA said that the claim "that PDVSA…
Ambac (ABK) Keeps Aaa Rating, Cuts Dividend
Ambac (NYSE: ABK) was able to keep its Moody’s Aaa rating, In the process it had to cut its dividend from $.07 to .01. The bond insurance company said it would also suspend all…
Black Day For Boeing (BA)
Boeing (NYSE: BA) and its stockholders were counting on getting the US military contract to build new refueling tankers. The deal is worth $40 billion, and Boeing is the incumbent. Things didn’t work out.…
The 52-Week Low Club (FMT)(RHD)(S)(JRC)(LLNW)(IACI)
Fremont General (FMT) Threatens more write-downs. Falls to $.73 from 52-week high of $13.80. R H Donnelley (RHD) Downgrades after poor earnings. Hits bottom of $6.26 from 52-week high of $84.49. MF Global (MF)…
Applera & Celera Separation, For Real This Time (ABI, CRA)
Applera Corporation had an SEC Filing today saying its Board of Directors has authorized management to pursue a possible separation of the Celera Group (NYSE:CRA) from Applera. The completion of this proposal is subject…
Sirius & XM Extend Merger Dates (SIRI, XMSR)
Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) hav extended their merger agreement to May 1, 2008. As a reminder, Jim Cramer recently called out all the congressmen that he felt…
Federated Vulturing Into Mortgages Via IPO (FII, PNT)
Point Asset Management, Inc. has filed to sell up to $250 million in an initial public offering and it will trade on the New York Stock Exchange under the symbol “PNT.” Deutsche Bank is…