A Farewell To The Earnings Season
A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their fourth quarter…
All Work
Douglas A. McIntyre
Message From The Heartland: No Recession Here
There is a recession over on Wall St. Bank where brokerage stocks are down 50% and losses keep mounting. But, a great majority of businesses in the US and Europe are not seeing much…
Hugo Chavez Cuts His Own Throat
Venezuela president Hugo Chavez says he will not send anymore crude to Exxon (XOM). The most profitable US company has frozen $12 billion assets from the Latin American country’s state owned oil operation to…
Delphi: No Exit
Wikipedia listing "No Exit", a 1944 play by Jean-Paul Sartre, (see also–Delphi’s Chapter 11 problem.) On the way to getting out of Chapter 11, auto parts company Delphi ran into the credit environment. Its…
As Google (GOOG) Walks Away, Yahoo! (YHOO) Looks To AOL And MySpace
Google (GOOG) always had a problem trying to keep Yahoo! (YHOO) out of the hands of Microsoft (MSFT). The No.1 and No.2 search engine firms would have had 80% of the US market if…
Buffett Puts The Screws To The Banks (C)(ABK)(MBI)
Eric Dinallo, New York State’s insurance regulator, is a clever devil. He has effectively pitted Warren Buffett against the nation’s biggest money center banks to see who will get the chance to rescue the…
Media Digest 2/13/2008 Reuters, WSJ, NYTimes, FT
According to Reuters, GM (GM) offered buy-outs to workers after posting a large Q4 loss. Reuters writes that Warren Buffett offered to insure $800 billion worth of bonds currently insured by monoline insurance companies.…
Asia Markets 2/13/2008 (TM)(SNE)(LFC)(CHL)
Markets in Asia mixed. The Nikkei rose .4% to 13,068. Sony (SNE) rose 2.2% to 4,730. Toyota (TM) fell 1.7% to 5,870. The Hang Seng rose 1.1% to 23,170. China Life (LFC) rose 1.6%…
Will Coke Match Pepsi’s Earnings Fizz? (KO, PEP)
On Wednesday morning, we’ll get to see earnings out of Coca-Cola Co. (NYSE: KO). The estimates from First Call for the world’s leading beverage giant are $0.55 EPS on $7.01 Billion in revenues. Next…
Blue Nile, Red Slaughterhouse (NILE)
Blue Nile Inc. (NASDAQ: NILE) is seeing a total smack-down in after-hours trading. The Seattle-based online jewelry retailer said Q4 net income rose considerably to $7.54 million which translates to $0.45 EPS. This is…
The 52-Week Low Club (VRTX)(NT)(DY)
Dycom Industries (DY) Company lowers forecast. Falls to $15 from 52-week high of $34.13. Nortel Networks (NT) Sel-off at the end of the day. No news. Falls to $10.28 from 2-week high of $31.79.…
Website Pros Remains Top Developing Web Property
Website Pros (NASDAQ: WSPI) just posted what are actually very strong earnings when you consider the current climate right now. The hosting, e-commerce, domain registrar (and more) posted earnings of $0.13 non-GAAP EPS on…
Value & GARP in Buffalo Wild Wings Earnings (BWLD)
Buffalo Wild Wings, Inc. (NASDAQ: BWLD) is not really feeling the pinch of a recession. The company posted EPS at $0.34 on a 9.7% rise in revenues to $91.4 million. First Call had estimates…
Applied Materials Beats Lowered Estimates; No Guidance (AMAT)
Applied Materials Inc. (NASDAQ: AMAT) has just posted earnings of $0.25 EPS non-GAAP (GAAP $0.19 EPS) on $2.09 Billion in revenues; First Call had estimates pegged at $0.20 non-GAAP EPS on $2.01 Billion revenues. …
Best Recent IPO: Titan Machinery (TITN)
If you have been following our IPO index over the last few weeks you have probably noticed that many IPO’s are being withdrawn "due to market conditions" or that SPAC IPO’s are coming out…
SunTrust: A Bank Raising Its Dividend! (STI)
Most banks have been having to be quiet as a church mouse not let their CDO and mortgage operation murder their books all at once. many banks and financials have had to lower their…
Why Apple (AAPL) Won’t Recover
There is too much bad news in the pipeline and no good news likely to appear over the next three months for Apple (NASDAQ: AAPL) to recover much from its current level of $128.…
Boutique Calling For Sirius-XM Approval (SIRI, XMSR)
There is an interesting note out of Stanford Group Company’s Paul Gallant calling for the likely approval of the merger between Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR). The research…
Julius Baer’s Artio Files For IPO (ART)
Julius Baer Americas Inc. has filed for its Artio Global Investors, Inc. to come public in an initial public offering. It has filed for registration purposes a sale of up to $1 Billion in…
Sun Micro Wants Deeper Virtualization (JAVA, CTXS, VMW)
Sun Microsystems, Inc. (NASDAQ:JAVA) has announced that it has entered into a stock purchase agreement to acquire Stuttgart, Germany-based innotek. Sun is calling innotek the provider of the leading edge, open source virtualization software…