Asia Markets 11/29/2007
Markets in Asia were sharply higher. The Nikkei rose 2.4% to 15,514. Fujitsu rose 7.7% to 787. Mazdo rose 4% to 573. Docomo (DCM) rose 4.7% to 177000. Toyota (TM) rose 3.2% to 6190.…
All Work
Douglas A. McIntyre
The 52-Week Low Club
The Pep Boys (PBY) Cutting stores, cutting jobs. Falls to $12.01 from 52-week high of $22.49. Idearc (IAR) CFO steps down. Drops to $17.83 from 52-week high of $38. The New York Times Company…
Is This V-Bottom For Real? (C, FRE)
It is always a wonder when the markets go from horrible to wonderful in two mere days. If you asked traders, institutions, and brokers last week (or even Monday) what to expect, you would…
Apple’s (AAPL) Cruel War On Vista
Vista is Microsoft’s (MSFT) flagship now. But, in a series of ads Apple (AAPL) and taken a juvenile and merciless approach to news that the new operating system from Redmond may have too many…
Syntax-Brillian: Some Companies Just Can’t Get It Right (BRLC)
Even after a management quasi-shuffle in earlier months, Syntax-Brillian Corp. (NASDAQ:BRLC) has learned to keep disappointing. Early this morning the distributor of Olevia LCD televisions cut its sales targets as its China business changes…
AMD (AMD) News Of The Day
The people at research firm iSuppli had unkind things to say about AMD (AMD). The company reported that Intel (INTC) outperformed the overall semiconductor growth rate of 4.1% this year. Expectations are for AMD…
Abbott’s (ABT) Hammers Boston Scientific (BSX)
Boston Scientific (BSX) has been the leader in sales of stents, those little mess tubes that keep arteries open. Recent studies show that the devices are more dangerous than most doctors had believed. That…
Bidz.com (BIDZ) Short Interest Almost Doubles, Someone Makes A Killing
Well, the shorts made a good call on Bidz.com (BIDZ). They nearly doubled their interest in the shares from October 31 to November 15 taking shares sold short to 1.785 million. Concerns about earnings…
Stocks Under $10: CMGI (CMGI)
CMGI Inc. (CMGI) has just become eligible under the "10 under $10" with yesterday’s drop to $9.97. The shares are slightly above $10 today The company just recently began trading without the "D" as…
With Price Target At $40, Wall St. Still Likes Microsoft (MSFT)
Shares of Microsoft (MSFT) have pulled back a lot recently and now trade at a little over $33. Not long ago, they were are $37.50. A look at the Thomson/First Call analyst estimates for…
New “AOL Finance” A Winner
AOL Money & Finance launched its new quote and chart pages today. They are not only better than the products from Yahoo! Finance and MSN Money; they are probably better than the chart and…
The New York Times (NYT) Cut To “Sell”
According to MarketWatch Banc of America Securities cut its rating on The New York Times Company from "neutral" to "sell". It moved its price target from $21 to $14. What an insult. NYT is…
Europe Markets 11/28/2007
Markets in Europe were modestly higher. The FTSE rose .5% to 6,170. Barclays (BCS) was up 3.2% to 540.5. British Air (BA) was up 3.5% to 328. The DAXX was up .9% to 7,595.…
Bank Of America (BAC) Approached Citigroup (C) About Merger
According to Reuters, "Citigroup Inc got a call from a prominent investment banker suggesting a merger with Bank of America Corp as it was dealing with billions of dollars in mortgage-related losses and the…
A $199 Microsoft (MSFT) Xbox?
The head of video game company Activision (ATVI) has good reason to see the prices on video consoles Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3 come down. If they sell more units, his…
GM (GM) Goes Green In China
According to Reuters, GM (GM) will start to build a hybrid car in China. The problem is that, in a country where the government underwrites that price of gas, there is no demand for…
Nasdaq Short Interest: Big Bets Against Financials And Tech
Nasdaq released short interest in stocks listed on the exchange for the period ending November 15 compared to the numbers on October 31. Short sellers made substantial bets that some financial and tech stocks…
Media Digest 11/29/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, GM (GM) will begin to build hybrid cars in China next year. Reuters writes that BHP Billiton (BHP) is insisting that a merger with Rio Tinto (RTP) will not raise pricing…
Asia Markets 11/28/2007
Markets in Asia were mixed. The Nikkei fell .5% to 15,271. Hitachi (HIT) fell 1.4% to 754. Honda (HMC) fell 1.4% to 3610. NTT (NTT) fell 1.4% to 479000. Sony (SNE) rose 3.3% to…
Cramer Looks At Sympathy Trades (C, HAL, PHG, GLYT, AYI)
Tonight on CNBC’s MAD MONEY, Jim Cramer wanted to discuss some trades off of fresh deals. After Abu Dhabi invested $7.5 Billion into Citigroup (NYSE:C), Cramer wanted to look elsewhere to see what would…