Middle Class Killing Online Holiday Spending
The great debate over whether online spending its in trouble this holiday season now has another data point. So far in 2007, e-commerce revenue for the period from November 1 throught December 16 is…
All Work
Douglas A. McIntyre
Ford (F) Likely To Pick Tata
Ford (F) looks likely to pick Tata of India to buy Rover and Jaguar. The Times of London says the price for the sale will be slightly over $2 billion. The upcoming sales begs…
Goldman Sachs Likes Citigroup (C) Bonds
Normally taking extra risk onto a bank balance sheet and getting a debt downgrade would not be considered good news. Citigroup (C) brought $49 billion of SIV debt in-house and, for unrelated reasons Moody’s…
Will MBIA (MBI) Lose It “AAA” Rating?
Moody’s is having a look at the "AAA" rating carried by bond insurance firm MBIA (MBIA). MarketWatch writes that "Bond insurers agree to pay principal and interest when due in a timely manner in…
VMWare (VMW) Gets A Challenge From Microsoft (MSFT)
Microsoft (MSFT) is beginning to show beta of its virtualization technology, called Hyper-V. Some in the industry think this will put it on a collision course with market leader and recent IPO VMWare (VMW).…
This week on Stockhouse December 10 to 14
A U.S. Federal funds rate cut on Tuesday failed to brighten spirits or market indices this week. The quarter point cut was followed by a plan by central bankers to inject global banking systems…
The 52-Week Low Club (FNSR)(CNXT)
CDC Corp (CHINA) Ugly earnings. Falls to $4.15 from 52-week high of $11.45. Finisar ((FNSR) No recent news. Fiber optic equipment maker falls to $1.38 from 52-week high of $4.21. Conexant (CNXT) Second day…
When Cold Weather Can’t Even Save Zumiez (ZUMZ)
After perusing the 52-week lows mid-day there was one key standout as the last name on the list: Zumiez (NASDSAQ:ZUMZ). Recently this posted a disappointing sales growth of 5.6% on same-store-sales. Analysts were looking…
Amazon (AMZN) Valuation And The Great E-Commerce Debate
The online e-commerce business is booming this year. The total value of goods bought online is up 19% for the period from November 1 through December 11 to $20.49 billion. This past Monday total…
Nintendo Executives Follow 24/7 Wall St. (NTDOY, MSFT, SNE, GME) (7974.JP)
Just one week ago 24/7 Wall St. suggested that Nintendo (OTC:NTDOY) might try a Hail Mary Pass and offer a voucher with a guarantee if they can ramp more from manufacturing or if it…
A New Goldman Sachs Index? You Bet Your Life (GS)
Goldman Sachs Group, Inc. (NYSE: GS) has launched the first index that will allow the market to measure, manage, and trade exposure to longevity and mortality risks in a standardized, transparent, and real-time manner. …
Did BusinessWeek Lose $20 Million In 2007?
According to Keith Kelly of The New York Post, BusinessWeek magazine will lose $20 million this year on an ad page drop of 17%. It is stunning because the industry has believed that business…
Microsoft’s VMWare Killer is Toothless, VMW Safe–Citi
From Silicon Alley Insider Microsoft (MSFT) has been threatening to mothball the stock-market moonrocket called VMware (VMW) with the launch of its own "virtualization" product Hyper-V. The Redmond team rushed Hyper-V into beta and…
Does OPEC See A Recession?
The people at OPEC are funny. They see no reason to cut oil prices. Their analysis is that global economic growth is slowing which will cut demand for crude. So, why drop prices? According…
Palm (PALM) To Cut 10% Of Staff
According to the AP, Palm (PALM) will cut 10% of its workforce, or about 100 people The company has been troubled by disappointing earnings and slow release of its new smartphone. The board has…
Icahn May Take Another Run At Motorola (MOT)
Carl Icahn may not be done with pushing the Motorola (MOT) board to work on increasing the company’s share price. Icahn told the FT “there is value” in Motorola, and “if that value doesn’t…
Intel’s (INTC) Chip Revenue Growing
Intel’s (INTC) chip revenue is growing faster than the overall semiconductor market. Gartner says that the lare company’s share of the global market will be 12.2% this year compared to 11.6% last year. Reuters…
Top 10 Pre-Market Analyst Calls (AFFX, C, DIS, DSCM, GSIC, JBLU, PNRA, UN, UNTD, DVN, KWK, NFX, EOG, FTO)
These are not the only important analyst calls out there, but these are the top analyst calls that 24/7 Wall St. is focusing on: Affymetric (AFFX) raised to Buy at UBS. Citigroup (C) saw…
China Losing Competitive Edge
The American Chamber of Commerce in Shanghai says that rising prices for doing business in China may be driving companies to move business to India and Vietnam. According to the AP "a new labor…
China Give Money Managers Crack At $200 Billion
Only when it involves money. The Communist Chinese government is looking for Western capitalists to run part of its $200 billion China Investment Corporation assets. One analyst told MarketWatch that this was the largest…