Short Interest In Microsoft (MSFT) Spikes
The most visible shift in short interest in the new Nasdaq figures as of October 31, is the sharp increase in shares sold short in Microsoft. From October 15 to the end of the…
All Work
Douglas A. McIntyre
Two Deals Could Help BHP Billiton (BHP) Bag Rio Tinto (RTP)
At first, the offer by mining giant BHP Billiton (BHP) to buy Rio Tinto (RTP) looked improbable. The $140 billion price seemed quite rich and offering an all stock arrangement might not be attractive…
Mickey Mouse Goes To Japan (DIS)
Japan hardly needs more cellphone services, The market is already crowded with offerings from Docomo, Softbank, and KDDI. Price cutting by cell services to pick up market share is the business practice of the…
Airbus Picks Boeing’s (BA) Pocket
Just when Boeing (BA) was beginning to think it had a leg up on Airbus and its troubled A350 and A380 programs, Emirates, the biggest Arab airline, gave the European company a $31 billion…
This week on Stockhouse November 5 to 9
The bears were back in full force this week, but contributors found ways to focus on opportunities throughout the investing landscape, including plays in oil, gold, nickel, uranium and silver. littleguy123 turned his attention…
The Bank Super Fund Goes Nuts (C)(JPM)(BAC)
Citigroup (C), JP Morgan (JPM), and Bank of America (BAC) are closer to setting up their "super fund" to supply short-term loans to structured investment vehicles, pools of money which are made up primarily…
Exxon (EOM) And Chevron (CVX): The Safey Of Big Oil In A Bad Market
Some on Wall St. are concerned that, as the price of oil reaches closer to $100, Big Oil will not do as well as the rising price of crude would indicate. That is, to…
Visa Files For IPO
Visa filed for its IPO after the close. The S-1 is here. For the nine months ending June 30, 2007, revenue for Visa was $3.727 billion compared with $3.908 billion in the year before.…
E*Trade (ETFC) Crashes After Hours
E*Trade (ETFC) are off 12% after hours to $7.55, below their 52-week low. The brokerage reported that it has observed continued declines in the fair value of its $3.0 billion asset-backed securities portfolio, predominantly…
Nasdaq Short Interest: October 31, 2007
Below is the short interest in certain stocks traded on Nasdaq. The figures are as of October 31 and compare to numbers posted on October 15, 2007 Largest Short Positions Company …
JP Morgan (JPM) And Bank Of America (BAC): More Bad News
According to Bloomberg "JPMorgan Chase & Co., the third- largest U.S. bank, said it held $40.6 billion in leveraged loans and unfunded commitments as of Sept. 30 that are difficult to hedge and “further…
The 52-Week Low Club
Citadel Broadcasting (CDL) Big charge in last quarter on write-down of radio assets. Down to $2.31 from 52-week high of $11.01. Metropcs Communications (PCS) Potential merger candidate Leap has bad quarter. Down to $15.83…
The Week of Stock Buybacks & Repurchase (COH, FIC, MIR, AVCT, HOT, AGO, HEES, CBG, TER, FDO, RWT, LH, VIGN, CSCO)
Coach (NYSE:COH) has decided that the recent stock crush is a good opportunity to announce a $1 Billion share buyback plan. This represents roughly 30 million shares, or 5-times average volume; $12 Billion market…
VMWare (VMW) Says “Ouch”
VMWare (VMW) looked good out of the box. After its IPO, shares went from under $52 to over $125. But, as the stock hit $84.60 today, one-third of the peak value of the company…
Fannie Mae’s Filings & A Climate For Guidance Coma (FNM, FRE, BCS, WB, C, AIG, MER)
Fannie Mae (NYSE:FNM) is seeing shares trade much lower after net income fell by more than half in the first nine months now that SEC filings for Q1, Q2 and Q3 have been caught…
Pre-Market Stock News (November 9, 2007)
Allscripts (MDRX) traded down 25% after missing earnings estimates and after lower guidance for 2007 and 2008. American Tower (AMT) replacing Alltel (AT) in S&P. ARM Holdings plc (ARMHY) trading down about 4% pre-market.…
Barclays (BCS) Denies Damaging Rumors
According to Reuters "British bank Barclays Plc categorically denied rumors it was about to announce a $10 billion writedown and see its top management quit, after the market talk sent its shares tumbling over…
Top 10 Pre-Market Analyst Calls (ABH, ALKS, AMAT, DEO, EBAY, KNXA, MMM, PWAV, TKC, NRG, EIX, ETR)
Credit Suisse downgraded key power stocks: NRG Energy (NRG), Edison(EIX), and Entergy (ETR) all downgraded to Neutral on valuation afterlarge runs. The top 10 individual analysts calls 24/7 Wall St. is looking at today:…
Wachovia (WB) Hit Hard By Losses
Wachovia (WB) is down 5% in the pre-market. According to Reuters the fourth-largest U.S. bank, said on Friday that it expected increased loan losses in the fourth quarter. In addition, the company estimates the…
Tech Stock Values For Dummies
Yesterday’s sharp sell-off in the Nasdaq showed the market something. In a downturn, the Apples (AAPL) and RIMMs (RIMM) of the world have an Achilles Heel. They have run up too much. At one…