Apple (AAPL) iPhone Starts Getting Business Software
SAP (SAP) is launching sales force automation products that will work on the Apple (AAPL) iPhone. As much as any initiative so far this begins to move the handset away its role as a…
All Work
Douglas A. McIntyre
IPO Filing: Gushan Environmental, Biodeiesel & In China (GU)
After yesterday’s close, there was quite an interesting IPO filing with the buzz that may ring in many ears: enter Gushan Environmental Energy Limited….. Gushan Environmental is biodiesel player for the alternative energy investors,…
AMD “Chip-Level Problems” in Quad-Core Processors? (AMD, INTC)
Advanced Micro Devices (NYSE:AMD) is gracing us on the new list of 52-week lows this morning, and we have featured this one negatively in the 24/7 Wall St. "10 Stocks Under $10" subscriber letter.…
Another 52-Week Low For AMD (AMD)
AMD (AMD) is making another 52-week low today, trading down to $9.44. Concerns that Dell (DELL) may not be committed to using as many of the company’s chips as they did in the last…
MarketWatch Bringing More New Features (DJ, NWS)
If you regularly use MarketWatch, you’ve probably noticed some additional offerings and additional features of late. If you haven’t noticed you probably will soon. MarketWatch has added "First Take" for more original in-house commentary…
Merck (MRK) Estimates Miss Street
Merck (MRK) is not going to do as well as Wall St. had hoped next year. It guided to $3.28 to $3.38 earnings per share. A Reuters poll puts the number at $3.27. Merck…
Goldman Sachs Casts Doubts On XM & SIRIUS, Merger or No Merger (SIRI, XMSR)
XM Satellite Radio (NASDAQ:XMSR) shares are reeling from a Goldman Sachs downgraded this morning. Goldman Sachs downgraded its Neutral rating down to a new SELL rating with a 26% downside risk to the $11.50…
Finally, 10 Billion Cheers for Dell (DELL)
Shares of Dell Inc. (NASDAQ:DELL) are trading up in pre-market trading on the company’s announcement that it is FINALLY able to resume its share buyback plan. Dell announced that it has authorized a stock…
Pre-Market Stock News (December 4, 2007)
Below are the news items affecting individual stocks in pre-market trading: America’s Car-Mart Inc. (CRMT) indicated up over 13% after beating earnings estimates. Deere (DE) trades ex-split to reflect a 2-1 stock split. Dell…
Lehman Swipes Up Van der Moolen Specialist Ops (LEH, VDM)
The fate of at least one of the exiting specialists has been sealed. Van der Moolen Holding NV (NYSE: VDM) has reached agreement to sell certain assets of its US specialist and market making…
Top 10 Pre-Market Analyst Calls (ATVI, ALTH, BHI, BSC, GS, LEH, COO, CEPH, MRVL, TIF, PAY, XMSR)
These are not the only impact-calls affecting stocks from analysts in pre-market trading, but these are the ones that 24/7 Wall St. is focusing on: Activision (ATVI) raised to Overweight at Lehman. Allos Therapeutics…
Medarex Spreads Its Wings (MEDX, BMY)
Medarex, Inc. (Nasdaq: MEDX) this morning has announced the allowance of two separate investigational new drug applications filed with the FDA for MDX-1342: one for the treatment of chronic lymphocytic leukemia (CLL); and the…
If OPEC is Idle, Oil Goes Back Above $100
Oil prices have come down toward $90 over the last two weeks. There is some indication that US supply is better than thought. There are rumors that OPEC will increase production. Hugo Chavez has…
Merging GM (GM) And Ford (F)
Going back to 1962, GM (GM) sold half of all the cars bought in America. By 1981, it had only dropped to 45%. In 1999, the Big Three still had a 71% share of…
Europe Markets 12/4/2007
Markets in Europe were down at 6.15 AM New York time. The FTSE fell 1% to 6,324. Barclays (BCS) was off 3.6% to 541. Northern Rock was down 3.9% to 104.8. The DAXX was…
A China’s Chery Begins To Export Cars, Auto Companies Face New Competition
Ford (F) and GM (GM) said they would cut back production for 2008. Demand is just not there due to higher fuel prices and a slow economy. But, that is not the entire reason.…
A Chinese Bid For Rio Tinto (RTP)
Rio Tinto (RTP) has rejected advances from larger rival BHP Billiton (BHP). It claims that BHP’s offer is too low, and, because it is in stock, it carries too much risk. So RTP is…
Nokia (NOK) Forecast, A Killer For Motorola (MOT)
Nokia (NOK) issued its annual forecast. Much of it could be predicted. Smartphone sales will be up. Margins will be OK at about 16%. But, total handset sales will rise only 10% worldwide for…
Media Digest 12/4/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the Henry Paulson said that a plan would be ready this week to spare some homeowners from mortgage resets. Reuters writes that November auto sales were weak with GM’s (GM) sales…
Asia Markets 12/4/2007
Markets in Asia were mixed The Nikkei fell 1% to 15,480. Casio fell 4.5% to 1327. NTT (NTT) rose 3.2% to 516000. Sony (SNE) fell 2% to 5840. The Hang Seng rose .8% to…