Priceline.com Braced For Earnings (PCLN)
This afternoon after the market closes, we’ll get to see earnings out of Priceline.com Inc. (NASDAQ: PCLN). The estimates from First Call for the online travel company are $0.84 EPS on $329.3 million in…
All Work
Douglas A. McIntyre
Icahn’s Top Holdings (APC, BEAS, BIIB, CSX, LEA, M, MOT, JCP, REGN, TIN, TWX, TWC, UNM, WMB)
Billionaire activist investor and financier Carl Icahn has released the total holdings in an SEC filing for the period end December 31, 2007 for ICAHN CAPITAL, LP. As Carl Icahn and his friends are…
Geeks on Call: New ‘Public’ Competitor to Best Buy’s Geek Squad (GOCH, BBY, TKO)
Geeks On Call Holdings, Inc. (OTCBB:GOCH) has completed a merger transaction and the closing of a $3.0 million private placement. There was an SEC filing showing the details of the financing. Trading in the…
Splitting Bond Insurers In Half–Nice Solution (ABK)(MBI)
New York State Insurance Superintendent Eric Dinallo has come up with the lame-brained idea of taking bond insurers like MBIA (NYSE: MBI) and Ambac (NYSE: ABK) and "breaking them in half." According to MarketWatch…
Level 3 (LVLT): Worst Stock Of The Year
Every time Wall St. looks at Level 3 (NASDAQ: LVLT) it sees promise. The company provides broadband pipes all over the US and some abroad. In a world where high-speed data, video, and voice…
Bernanke On Recession Watch, Inflation In The Wings
A close look at Ben Bernanke’s testimony in the Senate today show that the man is profoundly worried. He just know how to couch in complex terms. The chairman hints at what he believes…
As Market Despairs, Second-Tier Techs Fall Further Behind
The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is off almost…
TorreyPines Therapeutics: Forget Morale, The Beatings Continue (TPTX)
TorreyPines Therapeutics (NASDAQ: TPTX) has announced its strategic plan for 2008. Unfortunately it doesn’t look or sound very promising. The company will focus on clinical development activities to maximize the value of the company’s…
Genoptix Insiders & Backers Cutting Stake in Secondary Offering (GXDX)
The venture backers and the officers and insiders Genoptix (NASDAQ: GXDX) have filed to sell 4.2 million shares of common stock in a secondary offering, which could be up to 4.83 million shares of…
Venoco Filed For Spin-Off (VQ, VAC)
Venoco, Inc. (NYSE: VQ) has filed for a spin-off of a unit called VENOCO ACQUISITION Co. via an initial public offering that it has applied to take ticker "VAC" on the NYSE. Venoco Acquisition…
MAKO Surgical Slashes IPO Terms (MAKO)
MAKO Surgical originally filed to come public back in September 2007. It filed to sell up to $86.25 million in securities. Recently it had indicated a price range of $14 to $16 per share…
Top 10 Pre-Market Analyst Calls (AMT, CCI, SBAC, BEAV, GWR, HOLX, SWY, KNOT, MDCO, UBS, VCLK)
Below are the top 10 pre-market analyst we are looking at this Thursday morning: American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), and SBA Communications (NASDAQ: SBAC) all initiated as BUY at Jefferies. Baidu.com…
Comcast (CMCSA) Turns On The After-Burners
Revenue at Comcast (CMCSA) grew 14% in the fourth quarter to over $8 billion and operating income was up 20% to almost $1.5 billion. EPS came in a $.20, up 54%. Analysts had been…
An FHA Bail-Out Of Bank Mortgage Loans?
It is a time-honored tradition. When big US companies get in trouble, they turn to the US government for financial help. Even Chrysler got big loans from Uncle Sam three decades ago. Cerberus is…
UBS (UBS): A Canary For US Banks
UBS (UBS) had an awful quarter. The Swiss financial firm reported a fourth-quarter loss of 12.45 billion Swiss francs ($11.3 billion), compared with profit of 3.41 billion francs in the year-earlier period. Worse, according…
Baidu (BIDU) And The Death Of China Internet Growth
By any measure, Baidu (BIDU), the Chinese search engine company had a spectacular quarter. For the three months that ended December 31,the firm earned 219.8 million yuan ($30.1 million), or 6.32 yuan (87 cents)…
Eliot Spitzer And The “Financial Tsunami”. (ABK)(MBI)
Eliot Spitzer, former prosecutor and now governor of New York State, will ape comments made by Deutsche Bank (DB) Chief Executive Josef Ackermann. If bond insurers fail its will create a "financial tsunami". Spitzer…
Baxter (BAX) Takes On Mattel’s (MAT) Mantle
Mattel (NYSE: MAT) may have feared it would wear the China "kick me" sign forever. Until Baxter (NYSE: BAX) came along. The new poster boy for not keeping an eye on China suppliers has…
Media Digest 2/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy will not…
Asia Markets 2/14/2008 Big Rally (SNE)(SNP)
Markets In Asia were up sharply with the Nikkei making is largest move in five years. The Nikkei rose 4.3% to 13,626. Sony (SNE) rose 4% to 4820. Toppan Printing rose 10.1% to 1111.…