Google (GOOG) And Yahoo! (YHOO): Newspapers Are Not Dead
Yahoo! (YHOO) has made a big deal about its deal to sell online advertising for almost 200 US newspapers. It will also index their content to run on the big portal. According to The…
All Work
Douglas A. McIntyre
A Vonage (VG) Settlement Does Not Save The Company
Vonage (VG) settles a patent dispute with a larger company about once a month. The latest one was with Nortel (NT), a broken telecom equipment supplier which has plenty of problems of its own.…
PHH (PHH): Another Private Equity Deal Falls Apart
The Blackstone (BX) and GE (GE) buy-out of mortgage and vehicle leasing company PHH fell apart. The reason given was lack of availability of financing. In truth, PHH (PHH) is in a business that…
Qualcomm (QCOM) Loses A Big One
A Federal judge has told Qualcomm (QCOM) that it can no longer make chips based on three patents held by rival Broadcom (BRCM). According to The Wall Street Journal "the chips are used in…
Backward & Forward, Cramer In 2007 To 2008
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer. …
Merrill Lynch (MER) To Raise More Capital? Or Sell BlackRock Stake?
Press reports are saying that Merrill Lynch (MER) may have to raise more capital to offset huge Q4 losses. Merrill Lynch & Co. is in talks with Chinese and Middle Eastern sovereign-wealth funds to…
Europe Markets 12/31/2007
Markets in Europe were mixed at 7.20 AM New York time The FTSE fell .5% to 6,444. Barclays (BCS) was down 1.1% to 501. BHP Billiton (BHP) was down 1.1% to 1544. The CAC…
Biggest Change In US Markets: “Small Ball” Companies Rise To The Top
Over in the world of baseball where steroid-built great apes hit 60 home runs a season, there is still a place for what is known as "small ball". That approach to the game is…
Banks Go To Market To Raise Money In Record Numbers
The FT writes "according to data from Dealogic, commercial and investment banks raised equity worth $83bn in the final six months of 2007 – an increase of more than 20 per cent on the…
Markets In Europe And Japan Fall Apart For The Year, The US Holds Its Own
The Nikkei 225 will end the year down about 11%. The FTSE 100 will be slightly better than flat. The Swiss market will be down 3% and a number of other indices in Europe…
Nintendo’s Secret Weapon: The DS
The Nintendo DS is three years old. By the standards of video game consoles, that is a life time. But, according to The New York Times in the US "the hand-held DS outsold the…
This Week on Stockhouse December 24 to 28
Markets wrapped up the final full trading week of the year on a minor note as the credit crunch of 2007 continued to play out. Major financial institutions began to look at covering credit-related…
Media Digest 12/31/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Singapore says that it has no interest in controlling UBS (UBS) in which it has made a large investment Reuters writes that IBM (IBM) is in talks to buy Israeli start-up…
In 2008, A Train Wreck For Car Sales (GM)(F)
The final month of 2007 looks pretty bad for car sales, and going into next year, things could get worse. According to MSNBC "December sales are expected to fall around 4 percent, which would…
Why Are So Many Turnarounds Failing? (EK, PFE, RAD, TYC)
We compiled a list of many companies that just haven’t been able to turn themselves around. On some we offered a road out and on others we feel sorry for the management because getting…
52-Week Low Club (December 28, 2007)
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end we also…
Macy’s: Growth Through Closures.. Expect Others To Follow (M, KSS, SHLD, TJX, JCP)
In a slowing retail environment, Macy’s (NYSE: M) has decided it’s time to close some stores. This may not sound like a great ‘growth strategy’ for a retailer, but some companies reach the size…
Shaw Group’s SEC Inquiry Ends (SGR)
The Shaw Group Inc. (NYSE: SGR) has just announced that it has received notification from the Securities and Exchange Commission that the SEC’s Division of Enforcement has completed its informal inquiry. The company first…
2008 Tech Kickoff: Macworld Versus Consumer Electronics Show, CES (MSFT, AAPL, INTC, MCZ, S)
January is always an interesting month for gadget lovers, techies, programmers, computer geeks, gamers, and more. The year is always kicked off with the biggest event of the year as the Consumer Electronics Show,…
Technology CEO’s Who Need to Go in 2008 (ALU, AMD, BBND, CC, SYMC)
2007 has been a volatile year in the stock market, but there are many key technology CEO’s who just aren’t making a passing grade. 247WallSt.com has issued a brief list of some recognized CEO’s…