The 52-Week Low Club (CFC)(ETFC)
Countrywide Financial (CFC) Mortgage mess driving shares back down. Hits $7.51 down from 52-week high of $45.26. Jefferies Group (JEF) Investment bank says it will have loss. Trades down to $17.10 from 52-week high…
All Work
Douglas A. McIntyre
As Hope For Tech Spending Fades, VMWare (VMW) Falls
The market things that tech spending is going to get hurt this year. Wall St. can see it in the stock prices of Dell (DELL), AMD (AMD), Intel (INTC), and other "big cap" techs.…
Virgin Media Almost Half of Old Buyout Price (VMED, NWS, CMCSA)
Can you recall at the start of 2006 when Virgin Media, Inc. (NASDAQ:VMED) was deemed as in-play as a buyout candidate and then later in 2006 when it looked like a buyout might occur…
Share Sell-Off In Sirius (SIRI) Shares
Shares in Sirius Satellite (SIRI) are trading down well over 6% today. There has not been any news, but the sell-off has moved the stock as low as $2.88. Has the market heard rumors…
Stock Market Pricing In A Recession? It Already Is
If you want to know what the stock market looks like when it starts to price in a more than a slowdown and more of a chance of an economic recession, just look at…
GM (GM) See 75% Of Sales Overseas, Maybe
GM (GM) says that 75% of its sales will come from outside the US by 2017. “Overseas growth is an absolute necessity if GM is going to compete, not just with Toyota, but with…
Dell Shares Join The Hit List (DELL, INTC, AAPL, HPQ, IBM)
We had an interesting ticker on the 52-week low club this morning right after the open: DELL. Dell Inc. (NASDAQ:DELL) shares traded down more than 2% under $21.60 right after the open today. The…
Will Citigroup (C) Cut 30,000 Jobs?
CNBC is reporting that Citigroup (C) could cut 5% to 10% of its workforce as early as next week. Based on the bank’s current headcount, that could be over 30,000 souls. Douglas A. McIntyre
Consumer Electronics Show Device Launches (AMD, HIMX, LOGI, MCZ, MSFT, PXLW, RNWK, SNE, YHOO)
The Consumer Electronics Show kicked off last night with a keynote from Bill Gates (supposedly his last) and there are many product announcements being shown from large and small tech companies alike. Here are…
Top Pre-Market Stock News (January 7, 2008)
Below is a snapshot of some of the key impact news affecting stocks in pre-market trading this Monday, January 7, 2008: AllianceBernstein (AB) noted as a hidden gem in Barron’s cover story. Answers Corp.…
Markets Bet Heavily That Oil Will Move to $200
The facts about demand for crude staying strong in India, China, and the US are catching up to the market. So are concerns about unstable governments in Africa, the Middle East, and South America.…
Top 10 Pre-Market Analyst Calls (A, BBBY, BBY, DTV, ECL, EP, IBM, NTAP, LRCX, MOT, CRM)
These are not the only impact analyst calls affecting stocks this morning, but these are the ones that 247WallSt.com is focusing on: Agilent (A) raised to Buy at Banc of America. Bed Bath &…
GM (GM): A Car That Will Drive Itself, But No One Will Buy
GM (GM) is about to announce that it is building a car that will drive itself. It can park, accelerate, break, and drive around traffic congestion. According to The New York Times "the automaker…
As Dividend Cuts Rise, Some Companies May Increase Pay-Out
A number of experts say that companies, especially financial services firms, will cut dividends in 2008. CNN Money writes that "dividend cuts or suspensions will continue to pick up among financial services firms in…
Consumer Electronics: Thousands Of Products, One Consumer (MSFT)(SNE)(YHOO)(CMCSA)
This is the list for just one day. The wild paroxyxm of announcements at the Consumer Electronics Show has begun. Yahoo! (YHOO) says it will open up the software for its mobile products allowing…
McDonald’s (MCD) New Coffee Play: End Of Starbucks (SBUX) As Growth Company
McDonald’s (MCD) will open coffee bars at 14,000 of its US outlets. According to The Wall Street Journal the "locations will install coffee bars with "baristas" serving cappuccinos, lattes, mochas and the Frappe, similar…
A Hostile Takeover At CNET (CNET)
Hostile takeovers have come to the online content world. A group of outside investors have taken a major piece of CNET (CNET), the internet tech content company, and will try to push out the…
Media Digest 1/7/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Yahoo! (YHOO) is pushing the mobile handset as the next major target for its products. Reuters reports that analysts are trimming forecasts for the first and second quarter of this year…
Asia Markets 1/7/2008
Markets in Asia were down with several markes closed. The Nikkei fell 1.3% to 14,501. Casio fell 3.5% to 1177. KDDI fell 5.3% to 776000. Softbank fell 4% to 2145. The hang Seng fell…
A Half Point Interest Rate Cut By The Fed?
Some Wall St. analysts believe that the Fed will cut rates a half a point this month. That may raise the expectations high enough so the a smaller cut could send marketing into a…