The Airlines Are Flown By Pilots (NWA)(DAL)
The captain of a commercial airline is in charge, no matter what. If things don’t work out, the blame often falls to him. Airline pilots have taken that principle all the way to controlling…
All Work
Douglas A. McIntyre
The Tao Of The Dow (MSFT)(HPQ)(PG)(CSB)(NWS)
As The Wall Street Journal points out, the DJIA is up 6% in a month. That is because, if results from financial firms in the index are backed out, the rest of the companies…
Banks Want Their Earnings Back
One of the nice things about writing down assets is that they often get to be written up later. Big banks and insurance companies have something to look forward to beyond these dismal days…
Paulson Cuts His Own Throat
Henry Paulson, head of Treasury, has decided that legislation to help homeowners with mortgage problems is too broad and will actually help bail out irresponsible people who were careless with their personal finances. It…
Nasdaq Short Interest: Big Bets Against Tech And Telecom
The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January 21. Short…
Media Digest 2/28/2008 Reuters, WSJ, NYTimes, FT, Reuters
According to Reuters, Fed chief Bernanke said the Fed was ready to help the economy if necessary. Reuters writes that financial results at Deutsche Telekom (DT) met expectations for 2007. Reuters writes that Nortel…
Asia Markets 2/28/2008 (HMC)(SNP)
Markets in Asia were mixed. The Nikkei fell.8% to 13,925. Honda (HMC) fell 2.3% to 3350. KDDI rose 2.3% to 627000. The Hang Seng rose .4% to 24,592. China Petroleum (SNP) rose 3% to…
Sears: Bad Earnings Or Just Less-Bad Earnings? (SHLD)
Sears Holdings Corp. (NASDAQ: SHLD) is set to report earnings on Thursday morning. First Call has estimates pegged at $3.10 EPS on $15.26 Billion in revenues. Next quarter estimates are $0.36 EPS on $11.4…
Netezza Ready For Earnings (NZ)
Netezza Corporation (NYSE: NZ) is posting earnings Thursday morning and this will be the first earnings report where the company was public for the entire quarter that doesn’t have those IPO charges lumped in…
Markets Brace For Freddie Mac Earnings Disaster (FRE, FNM)
On Thursday morning we’ll get to see earnings out of Freddie Mac (NYSE: FRE). The estimates from First Call for the government sponsored entity are roughly -$2.34 EPS on what is listed as -$198.30…
Apple (AAPL) Joins Ranks Of Top 10 Handset Companies Worldwide
Apple (NASDAQ:AAPL) has become one of the top 10 handset makers in the world. Research In Motion (NASDAQ:RIMM) also joined the list in the fourth quarter of 2007. Nokia (NYSE:NOK) remains the leader in…
Jim Cramer Interviews Hillary Clinton
On CNBC’s MAD MONEY, Jim Cramer interviewed presidential candidate Hillary Clinton on several economic issues. Keep in mind this was a mere ten minute segment, so this was far from a full economic policy…
Earnings Preview: Sprint Nextel Corp. (S)
If there is one ugly telecom company in the major telecom stocks, it is Sprint Nextel Corp. (NYSE: S). The company reports earnings tomorrow morning. The estimates from First Call are $0.18 EPS on…
Suncor Energy Tries Stock Split Game (SU)
Maybe not all companies want to try the "high price stock" game. Tonight, Suncor Energy Inc. (NYSE: SU) announced it would pursue a two-for-one stock split. With a price at $102.84 it isn’t too…
Strange IPO Filing: Specialty Metals Group Indium Corp. (IND.U, IND)
Specialty Metals Group Indium Corp. has filed to come public via an initial public offering. This is technically not a SPAC and technically not an ETF and technically not a tracking stock, but Specialty…
Despite Multiples, Salesforce.com Shares Rise On Raised & In-Line Guidance (CRM)
Salesforce.com (NYSE: CRM) has just posted a more than ten-fold rise in net earnings with $0.06 EPS on a 50% gain in revenues to $216.9 million. First Call had estimates pegged at $0.04 EPS…
The 52-Week Low Club (NT)(DY)(GCI)(ADSK)(CVTX)
Dycom Industries (DY) Posts loss on lawsuit settlement. Falls to $11.88 from 52-week high of $34.13. Nortel (NT) Big loss and lay-offs. Down to $9.67 from 52-week high of $30.27. Journal Register (JRC) Sells…
SPAC IPO FILING: Orbit Acquisition Corp. (OSW, OSW.U)
Orbit Acquisition Corp., a SPAC, or special purpose acquisition corporation, submitted an IPO filing today. The filing shows up to $250 million in proceeds with a usual SPAC target share price of $10 per…
Earnings Surprise of the Week: S1 Corp. (SONE)
S-1 Corp. (NASDAQ: SONE) managed to be perhaps the biggest earnings surprise of the week. The online platform provider for banking sites reported increased earnings in 2007 with a net income of $19.5 million…
Standard Pacific Looking To Raise Capital (SPF, XHB)
Standard Pacific Corp. (NYSE: SPF) is doing something some might not expect out of a homebuilder. It filed to raise up to $600 million by issuing securities and debt to fund the development or…