An Ill Wind Blows For Corporate Debt
Forget mortgage problems. The Wall Street Journal says that corporate debt is running into more trouble. The paper says that "Fitch Ratings says downgrades of corporate bonds rose in the third quarter to $92.1…
All Work
Douglas A. McIntyre
Toyota (TM) Still On Top Of The World
Word was that Toyota (TM) was hurting. Sales in the US have not been robust and they have been falling in the company’s home market of Japan. Car markets are slowing overall in both…
Wal-Mart’s (WMT) Online Business May Show Company Is Better
Sales at Walmart.com have been doing well, and the head of the unit expects a robust holiday season. "Customers are still spending for the holidays. Halloween was very good for us, so I suspect…
Media Digest 11/7/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, profits rose 2.7% at Toyota (TM) and the company raised full-year forecasts. Reuters writes that GM (GM) will take a $39 billion non-cash charge in Q3 Reuters reports that Nasdaq (NDAQ)…
Asia Markets 11/7/2008
Markets in Asia were mixed. The Nikkei fell .9% to 16,097. Nissan was down 2.6% to 1260. Docomo (DCM) was up 1.7% to 177000. Yahoo Japan was down 2.4% to 47950. The Hang Seng…
Cramer’s Alternative Energy & Green Stocks (SGR, FWLT, BWA, OMG, FSLR, FTEK, WFR, TTEK, ZOLT, BP, SPWR, CY, CPST, ITRI)
On tonights MAD MONEY on CNBC, Jim Cramer wanted to pitch in on covering the green-tech stocks. He says he has no politics on his calls because he is just looking at these as…
GM (GM) Takes A $39 Billion Write-Down
GM (GM) will take a $39 billion write-down for Q3 earnings. According to The Wall Street Journal "the move is triggered as the company expects to lose money on an adjusted basis during the…
US Government Expects Oil Price To Stay High
The Energy Information Adminstration branch of the US government released its forecast for the rest of this year and next. The analysis shows that high oil prices are expected to continue. Among the observations…
NYSE Short Interest For October 31, 2007
Below is the short interest for major companies traded on the NYSE and changes from October 15, 2007 to the most current date, October 31, 2007. Company …
Website Pros Shows Why Web.com Was Worth The Acquisition (WSPI)
Website Pros (NASDAQ:WSPI) posted quarterly results. The company posted $17.8 million in revenues, $0.15 EPS non-GAAP, and $0.02 EPS on GAAP basis. First Call had estimates at $17.77 million revenues and $0.13 non-GAAP EPS.…
Answers (ANSW) Disappoints
Wall St. expected Answers (ANSW) revenue to be up 21% to $2.25 million. The EPS loss was expected to be ($.13), worse than the ($.07) last year. The results were a bit off. Revenues…
The 52-Week Low Club
Orbitz Worldwide (OWW) No real news here. Maybe high oil prices could hurt travel. So far, the drop is odd. Down to $8.50 from 52-week high of $15. US Airways (LCC) Bad traffic. High…
Glaxo Avandia Sales Appear To Be Vanishing (GSK)
GlaxoSmithKline’s (NYSE:GSK) Avandia sales might not just weak after the reports of cardiovascular risks were reported. If this research is accurate, the sales might be on the path to vanishing. We have not conducted…
NASDAQ Buying Philadelphia Stock Exchange? (NDAQ, NYX, ISE)
CNBC was just reporting that The NASDAQ Stock Market, Inc. (NASDAQ:NDAQ) is close to purchasing the Philadelphia Stock Exchange for a sum of $500 million to $600 million. This might not make sense to…
Cramer Takes Some Jabs (UA, CAT, XOM, CLB, DE)
On Jim Cramer’s STOP TRADING segment on CNBC, Jim wanted to talk which oil companies were better than others with oil nearing $100/barrel. The ExxonMobil (NYSE:XOM) quarter wasn’t all that bad and shares are…
$100 Oil Doesn’t Do Much For Oil Companies
Christophe de Margerie, Chief Executive of France’s Total, warned that if crude does continue to rise, upward trends on taxes and production costs could worsen. "Coupled with an increasing reliance on lower-margin natural gas…
Blue Nile Earnings Set To Tell All (NILE)
Blue Nile, Inc. (NASDAQ:NILE) is set to report earnings after the close today. The online jewelry retailer is expected to post earnings of $0.16 EPS on $68 million revenues. The estimates for calendar and…
Lazard Calls For Capstone Turbine To Double (CPST)
Shares of Capstone Turbine Corp. (NASDAQ:CPST) are up in early trading after the open, although not as much as one might suspect, on a key analyst call. Sanjay Shrestha, Managing Director and Senior Analyst,…
Nortel (NT): Poor Quarter, But Stock Up
Nortel (NT) turned in less that stellar numbers, but relief that it is not the next Alcatel-Lucent (ALU) sent shares up 7%. The stock still trades fairly near its 52-week low. Nortel had revenue…
Cisco Systems Stock & Options Active Before Earnings (CSCO)
Shares of Cisco Systems (NASDAQ:CSCO) have been trading up at the higher-end of a trading range ahead of the earnings on Wednesday afternoon. First Call consensus was $0.36 EPS on $9.54 Billion in revenues…