Eddie Lampert Taps Out At Sears (SHLD)
Is Sears (SHLD) getting a little low on cash? A bunch of analysts think so. The cash balance that Sears showed in its last financial statement was a bit light. According to The Wall…
All Work
Douglas A. McIntyre
VMware’s Last Hurdle: IPO Lock-Up Expiration (VMW, EMC, INTC, CSCO)
VMware, Inc. (NYSE: VMW) has already taken its hit from the earnings expectations getting high enough that the stock just couldn’t hold up to expectations after a monumental IPO. There is always a key…
Exxon (XOM) Picks Hugo Chavez’s Pocket
Just as unstable Venezuelan president Hugo Chavez thought he was making off with $12 billion in Exxon assets the world largest oil company got him into court. The Exxon property was being taken as…
China Finds A Way Around US Investment Concerns
The US Congress is nervous about sovereign funds from places like China and the Middle East owning too many US banks and financial companies. Some how these firms are "strategic assets" which need to…
The “Green” Movement Takes It On The Chin
Ethanol is supposed to be good for the environment. It throws off less greenhouse gas that carbon-based sludge like oil and coal. OPEC has even asked the US to slow down development of alternative…
The Justice Department Gives Apple (AAPL) A Hand
Perhaps Steve Jobs has a relative as The Justice Department. The four largest music labels including Warner Music (WMG), Universal, and BMG want to band together and start a music download operation called Total…
Alcatel-Lucent (ALU) Eviscerates Its Investors
The merger of Alcatel and Lucent was lame-brained from the start. It joined two weak companies in a troubled industry which includes also-rans like Nortel (NT). It is an ugly group of firms which…
Media Digest 2/9/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush. Reuters writes…
Asia Markets 2/8/2008 (SNE)(TM)
Many markets in Asia were closed for a holiday. The Nikkei dropped 1.4% to 13,017. NEC dropped 2.9% to 401. Sony (SNE) dropped 1.9% to 4,620. Toyota (TM) dropped .3% to 5,880. Data from…
comScore’s Own Guidance Measured Short By Traders (SCOR)
It appears that Internet audience measurement service comScore Inc. (NASDAQ: SCOR) is being treated roughly on its guidance after earnings this evening. The company just posted revenues of $25.3 million, compared to its $25.0…
The 52-Week Low Club (NT)(GSK)(IAR)(IFX)
Idearc (NYSE: IAR) Big earnings miss mugs shares, Down to $11.21 from 52-week high of $38. Infineon Technologies (NYSE: IFX) German company posts weak numbers. Sells off to $7.89 from 52-week high of 18.74.…
Can Alcatel-Lucent Get One Right? (ALU)
Alcatel-Lucent (NYSE: ALU) will report earnings tomorrow morning. By now we have seen almost every large technology company either say cautious things going forward, or we’ve seen their stocks get hammered over fears of…
Smartphone Trends Favor Apple (AAPL) And RIM (RIMM)
Handset users are throwing away their old phones in favor of smart phones from shops like Apple (NASDAQ: AAPL and Research-in-Motion (NASDAQ: RIMM). According to a survey by ChangeWave seventeen percent of people planning…
Another Recession Victim, Tully’s Coffee Pulls Its IPO
Tully’s Coffee Corporation has withdrawn its filing for an initial public offering that was originally filed on July 26, 2007. The reason is simply "because of unfavorable market conditions." This was never going to…
The Best Of The Very Best Mutual Funds
Deciding which mutual funds make the best investments is especially hard because there are thousands to pick from. Some are load and some are no-load. Some do well over a year, but poorly over…
Verizon Expands 100 Million Share Buyback Plan (VZ)
Verizon Communications Inc. (NYSE: VZ) has announced that its Board of Directors has approved the buyback and repurchase up to 100 million shares of its common stock. This replaces the previous 100 million share…
Analyst Upgrade Shows Value & GARP At Cisco Systems (CSCO)
It’s always expected that you see analyst downgrades any time you see disappointing news out of a company. This morning we did see at least two downgrades on Cisco Systems (NASDAQ: CSCO) after its…
Solar IPO FILING: Real Goods Solar (RSOL, SPWR)
Real Goods Solar, Inc. has filed to come public via an initial public offering. For filing purposes the company has a proposed maximum offering set at $57.5 million. It will have the proposed NASDAQ…
Goldman Sachs Boots Stocks From Lists (MYL, HPQ, CVLT)
Mylan Inc. (NYSE: MYL) has been removed from the Goldman Sachs Conviction List, although the firm is not downgrading its official rating. Goldman Sachs has maintained its Buy rating and $19.00 price target and…
Level 3 Surges (LVLT)
Level 3 Communications, Inc. (NASDAQ: LVLT) posted results with earnings coming in at -$0.06 EPS from a $91 million net loss on revenues of $1.10 Billion. First Call had estimates -$0.11 EPS and $1.08…