Microsoft (MSFT): Vista Price Cuts
No one in Redmond wants to admit this, but Apple’s (NASDAQ: AAPL) new Leopard OS may be getting the better of Vista, at least in enough cases to make it hurt. Almost all evidence…
All Work
Douglas A. McIntyre
Media Digest 2/29/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Paulson believes that the current proposal to help homeowners is too broad and may help speculators. Reuters writes that Microsoft (NASDAQ:MSFT) has cut the price of Vista to encourage upgrades. Reuters…
Asia Markets 2/29/2008 (HMC)(CHU)(PTR)
Markets in Asia were mixed. The Nikkei fell 2.3% to 13,603. Casio fell 3.6% to 137. Honda (HMC) fell 3% to 3260. The Hang Seng fell 1.1% to 24,332. China Unicom (CHU) fell 4.3%…
Cramer On Agriculture, Interviews Deere CEO (DE)
On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to feature agriculture by interviewing Deere & Co. (NYSE: DE). If you want to own a company that wins off of food for fuel and…
Gap’s ‘Less-Bad’ News Not All Bad (GPS)
Gap, Inc. (NYSE: GPS) is seeing a 5% rise after the ailing casual apparel retailer reported earnings. The company posted $0.25 EPS with a 5% revenue drop to $4.67 Billion, and First Call estimate…
Dell’s Turnaround Is A Slow Turn, H-P Stays Much Stronger (DELL, HPQ)
Dell Inc. (NASDAQ: DELL) posted earnings of $0.34 EPS outside of charges on revenues of $15.99 Billion, while First Call had estimates at $0.36 EPS on revenues of $16.27 Billion. After items, Dell’s net…
The 52-Week Low Club (S)(NT)(GCI)
Nortel (NT) Nine-to-one this dog never hits bottom. Down to $9.05 from 52-week high of $30. Mylan (MYL) Market unhappy about quartery results. Sells off to $12 from 52-week high of $22.90. Gannett (GCI)…
Leveraged Gold ETN/ETF Launches (DZZ, DGP, DGZ, GLD, GDX, DGL, DB)
Deutsche Bank AG (NYSE: DB) has launched three new Exchange Traded Notes (ETN’s) that will track the performance of certain index moves inside the Deutsche Bank Liquid Commodity Index – Optimum Yield Gold ™. …
eBay Gets Rid of MercExchange Patent Suit (EBAY)
eBay Inc. (NASDAQ:EBAY) has agreed to a settlement with MercExchange, L.L.C. to dismiss all claims and appeals in the patent lawsuit filed by MercExchange in September of 2001. These two companies had been involved…
SPAC IPO FILING: United Services Management Corporation
We have yet another blank check company or SPAC (special purpose acquisition company) that has filed to come public via an IPO. United Services Management has filed for an initial public offering of up…
Previewing Dell’s Turnaround Earnings (DELL, HPQ, IBM)
Dell Inc. (NASDAQ: DELL) is set to report quarterly and fiscal earnings after the close of trading today. on last look, First Call had estimates at $0.36 EPS on revenues of $16.27 Billion. Those…
The Business Day In Global Warming (BP, GE, RZ, CCTC, SAI, ASTI, TTEK)
BP plc (NYSE: BP) announced that it has moved into full construction of Phase One of the Sherbino Wind Farm, a 150 megawatt renewable wind energy project that is roughly 30 miles east of…
Dell’s (DELL) Retail Hell
Evidence, anecdotal or stronger, is emerging that Dell (NASDAQ: DELL) machines are selling poorly at retailers like Wal-Mart (NYSE: WMT) and Best Buy (NYSE: BBY). The lines of people looking for a new PC…
CardioNet Sets IPO Terms (BEAT, SIVB)
CardioNet, Inc. has set the terms for its IPO in an amended SEC filing. The systems provider for monitoring real-time patient information intends to sell some 6.6 million shares in a price range of…
XM Satellite Earnings Less Monitored Than Merger Hopes (XMSR, SIRI)
XM Satellite Radio just posted earnings of a net loss of $239 million on a 20% rise in revenues to $308 million. The net loss on an EPS basis was -$0.78 EPS, but that…
CVR To Spin-Off Fertilizer Partners LP Unit in IPO (CVE, CVI)
CVR Partners, LP has filed to come public via an initial public offering, and it will have the proposed ticker of "CVE" on the NYSE. The prospectus calls for a sale of 5.25 million…
Top 10 Pre-Market Analyst Calls (A, BBBY, BBY, DTV, ECL, EP, IBM, NTAP, LRCX, MOT, CRM)
These are not all of the calls affecting stocks, but these are the top analyst calls that 247WallSt.com is looking at this Thursday morning: Blockbuster (NYSE: BBI) raised to Overweight at JPMorgan. Borg Warner…
Sprint (S) Kills Dividend
Sprint (NYSE: S) announced consolidated net operating revenues in the quarter were $9.8 billion, compared to $10.4 billion in the fourth quarter of 2006. The net loss for the quarter was $29.5 billion or…
Europe Markets 2/28/2008 (VOD)(BAY)(AXA)(SI)
Stocks fell in Europe at 6.55 AM New York time. The FTSE was off .8% to 6,033. Whitbread rose 7.1% to 1313. Vodafone (VOD) fell 1.1% to 162.4. The DAXX dropped .8% to 6,941.…
Sears (SHLD) Customers Hybernate, Buy-Back Eats Cash
Sears (SHLD) spent all of its money on stock buy-backs, which leaves it low on cash. Sears reported net income of $426 million, or $3.17 per diluted share, for the fourth quarter ended February…