Dell (DELL) Gets Killed, Falls 7.5% After Hours
First Call has estimates at $0.35 EPS and $15.34 Billion in revenues for Dell’s (DELL) last quarter. For the January 2008 quarter Wall St. is expecting numbers to be $0.38 EPS and $15.95 Billion.…
All Work
Douglas A. McIntyre
Wall St. Thinks Level 3 (LVLT) Is Worth $4.50
Level 3 (LVLT), the big communications company, had a tough quarter. It debt is still high. And, investors are getting angry. LVLT share trade at $3.37, down from a 52-week high of $6.80. The…
Memo To Journal Register (JRC) CEO James W. Hall: Sell The Company Assets ASAP
The writing is on the wall now. Journal Register (JRC) is almost certainly worth less than its debt and market cap combined. The company’s debt stands at $642 million as of the end of…
Freddie Mac Moves Into Value Investor Circle (FRE, FNM)
We won’t rehash the credit malaise that has punished shares of Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM). You’ve already seen it, heard it, felt it, and maybe lost money over it. But what…
Wall St. Analysts See Sears (SHLD) As $150 Stock
According to Thomson/First Call, five analysts who cover Sears Holdings (SHLD) have a median price target on the company of $147. Their mean price target is $152.40. After poor earnings, Sears should open around…
Why All The Pumping On HearAtLast (HRAL)?
Almost every day someone named "Wild Bill" at TheCapitalReport.com sends out up-beat news on a small Canadian company called HearAtLast (HRAL). The information comes through an e-mail blast. HRAL puts out a press release…
GDP Posts Best Growth In Three Years
Reuters is reporting that "Gross domestic product climbed at a revised 4.9 percent annual rate instead of 3.9 percent reported a month ago. It was the strongest quarterly growth rate since the third quarter…
Additional Pre-Market Stock News (November 29, 2007) (ENB, EEP, FRED, HNZ, LULU, MHS, MW, VSE, USBE, ULBI, VIP, SIGM)
Below is some of the other top summaries of news we haven’t covered this morning: Enbridge Inc. (ENB) and Enbridge Energy Partners, L.P. (EEP) had a pipeline blow late yesterday that has oil up…
Bidz.com On The Offensive (BIDZ)
Shares of Bidz.com (BIDZ) are trading up 8% pre-market after it announced after yesterday’s close that it was going to investigate possible wrongdoing by Andrew Left of Citron Research after his negative report on…
TOP 10 Pre-Market Analyst Calls (CBEY, DHT, GM, IACI, LVLT, NOV, ONXX, PDCO, TWTC, TIVO)
These are not the only analyst calls that are impacting key shares today, but these are the top ten that 24/7 Wall St. is looking at as impact events on their own: Cbeyond Communications…
Can Dell Escape The Tech Earnings Trap (DELL)
Dell (NASDAQ:DELL) is set to report earnings after the close, and First Call has estimates at $0.35 EPS and $15.34 Billion in revenues. Its January 2008 quarter is expected to be $0.38 EPS and…
Will CEO Aylwin Lewis Be Fired At Sears (SHLD)?
There is no crying in baseball or whining in big business. Sears CEO Aylwin Lewis said, regarding the company’s 99% drop in earnings in the last quarter: "We are very disappointed in our performance…
Southwest Air (LUV): Better Earnings Through Hedging
Herb Kelleher, the legendary CEO of Southwest Air (LUV), is retired now. He made his reputation as the best airline executive of the last 25 years by setting up a low cost airline that…
Europe Markets 11/29/2007
Markets in Europe were mixed at 6.40 AM New York time. The FTSE was off .2% to 6,294. Barclays (BCS) was down 4% to 532. BP (BP) was up 1.5% to 586. The DAXX…
Will Bank Of America (BAC) Buy Countrywide (CFC)
Bank of America (BAC) looks the fool. It put $2 billion into floundering mortgage company Countrywide (CFC), but the drop in the troubled company’s shares have taken the value of that to about $1…
Sears (SHLD) Profit Down 99%
Sears Holdings (SHLD) reported net income of $2 million, or $0.01 per diluted share, for the third quarter ended November 3, 2007, compared with net income of $196 million, or $1.27 per diluted share,…
A 3G iPhone Will Rock Cell Industry Again
According to the head of AT&T (T), Apple (AAPL) will launch its 3G iPhone next year. If the current handset has one major Achilles Heel it is that, working on AT&T Wireless’s 2.5G network…
Oil Price Up 3.5% On US/Canada Pipeline Fire Show Risks Of Price Rise
Is a pipeline fire that might temporarily interrupt the flow of oil between Canada and the US worth a 3.5% rise in global oil prices? The market thinks so. Crude is up well over…
Citadel Saves E*Trade With Huge Investment
E*Trade (ETFC), the big discount broker, was in such bad shape that the market thought a firm like TD Ameritrade (AMTD) would walk in and get the firm for next to nothing. It would…
Media Digest 11/29/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, a fire closed most of the oil pipeline between the US and Canada. Reuters writes that the head of VW said the the Russian car market would eventually be the largest…