Europe Markerts 11/27/2007
Markets in Europe were down at 7.20 AM. The FTSE fell .6% to 6,143. Barclays (BCS) was up 2.3% to 860. Northern Rock was up 4.7% to 115.3. Rio Tinto (RTP) was down 1.3%…
All Work
Douglas A. McIntyre
Six Stocks That Could Go To Zero (CHTR)(JRC)(AMD)(XMSR)
In the current credit environment, there are several fairly big companies that could get in enough trouble that it would wipe out the common shareholders. The ones in the financial industry like Countrywide (CFC)…
Why Breaking Up Citigroup (C) Makes No Sense
Citigroup (C) got a cash infusion of $7.5 billion from the investment arm of the Abu Dhabi government which seems to be taking a piece of every business in the world including local car…
Watch Cable Stocks Rally (CVC)(CMCSA)(TWC)
The FCC wants to further regulate cable companies. The firms have too much power over what programming gets on the air. The big cable firms continue to expands though acquisitions. The monopoly power gives…
Google (GOOG) Plans To Offer Remote Data Storage
Google (GOOG) will offer PC users the chance to store data like word files and videos on its servers instead of individual computer hard drives. It is part of the company’s remote computing system…
Tivo (TIVO) And NBC Link-Up To Target Ads
NBC has decided that it can use the new Tivo (TIVO) system which keeps track of people’s TV viewing behavior to target ads for its big marketing clients. According to The Wall Street Journal…
Media Digest 11/27/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Citigroup (C) is selling up to 4.9 percent of itself for $7.5 billion to the investment arm of the Abu Dhabi government. Reuters writes that retail stocks fell despite information that…
Asia Markets 11/27/2007
Markets in Asia were mixed. The Nikkei rose .6% to 15,223. Daiwa Securities rose 4.2% to 1095. Hitachi (HIT) rose 2% to 765. Sony (SNE) rose 4.5% to 5750. The Hang Seng fell 1.5%…
Abu Dhabi Puts $7.5 Billion Into Citigroup (C)
In a move that may be a victory of hope over reason, the investment arm of the Abu Dhabi government has put $7.5 billion into Citigroup (C). Wall St. may never know how much…
Memo To Asian Investors
Asia markets are likely to open lower based on a sharp fall in US financial shares and concerns about the dollar. “With the U.S. performing so poorly, it can only mean bad news for…
E*Trade (ETFC): Wall St. Price Target Double Current Level
A look at Thomson/First Call securities analyst ratings and price targets for E*Trade (ETFC) shows that, among eleven brokers surveyed, their mean price target is $10.64. The discount broker, which is in deep trouble,…
Analyst Calls On Countrywide (CFC) Still Way Off
A look at a collection of analyst calls on Countrywide Financial (CFC) shows that the mean target share price for the company is still above any level that makes sense. CFC closed today at…
The 52-Week Low Club (C)(CFC)(ETFC)(WM)
Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57. Countrywide Financial (CFC) Senator asks for probe of borrowing. Concerns…
A Troubling Look At Analyst Calls On Citigroup (C)
After the beating that Citigroup (C) has taken and with all of the trouble that may still be ahead, investors would think securities analysts would have a negative outlook on the company’s stock. It…
$30 Critical For Citigroup (C)
Citigroup (NYSE:C) has probably been covered to death, but the 5% drop and the flirt with $30.00 puts this one at a severe risk today. The last time shares were down here right above…
A Wild Ride For Circuit City (CC)
Circuit City (CC) has been a dog of a stock for months. But, this morning the shares jumped to over $7 after running up Friday from a low of $5.57. But, the stock shifted…
24/7 Wall St. Turns A Year Old
24/7 Wall St. is a year old this week. Over that period, we have filed over 8,700 stories, almost all of them written by in-house staff and we began to offer only exclusive content…
Punk Ziegel & Co Says Super SIV Fund May “Defraud Investors”
Citigroup (C), JPMorgan (JPM), and Bank of America (BAC) want to raise a fund worth $80 billion to make short-term loans to SIVs that do not currently have a market for many of the…
Stocks Under $10: Alvarion (ALVR)
Alvarion (ALVR) This company is a leader in building WiMax infrastructure. The shares trade at $9.60, down from a 52-week high of $15.21. An analyst writing in The New York Post thinks the stock…
This Week’s 24/7 Wall St. Media Newsletter
Attached it this week’s edition of the 24/7 Wall St. Media Newsletter covering Martha Steward (MSO), McGraw-Hill (MHP), Cablevision (CVC), Motorola (MOT), and Gatehouse Media (GHS). If the information in the newsletter is valuable,…