ValueClick Inc. (NASDAQ:VCLK) posted revenues of $156.9 million and EPS of $0.17, versus prior forecasts of $156 to $157 million and $0.16 to $0.17 EPS. Third quarter 2007 revenue was negatively impacted primarily by…
Assured Guaranty (AGO) Small bond insurance company. Wall St. hates bonds. Drops to $17.79 from 52-week high of $31.99. AMBAC (ABK) Big bond insurance company in world where bonds are bad. Down to $26.96.…
Yesterday morning 24/7 Wall St. covered how the buyout for Affiliated Computer Services (NYSE:ACS) was for all practical purposes looking like toast, and we wanted to see which other pending deals were at risk. …
GM (GM) had another pretty good month in November. Sales of its cars and light trucks moved up 3.4% to just over 307,000. GM’s stock was off 4.2% to $37.54. Douglas A. McIntyre
Ford (F) had another bad month for sales in its domestic vehicle operations. US units fell almost 10% to just over 195,000 total cars and light trucks. Wall St. thought the numbers would be…
Donald Graham, CEO of The Washington Post Company (WPO) made this comment to Fortune last summer: "If Internet advertising revenues don’t continue to grow fast," he says, "I think the future of the newspaper…
With the markets down so much today on the financial stock fallout after the Citi downgrade/concern and with oil stocks listing lower after the Exxon miss, we wanted to show a brief comparison of…
Ambac (ABK), the bond insurance company is down 19% today to a 52-week low of $30.10. The high for the period is $96.10. Competing firm MBIA (MBI) is already signalling big trouble. According to…
Dell (NASDAQ:DELL) issued a release today with the news that it has received a letter from the Board of Directors of The NASDAQ Stock Market LLC confirming that the company has regained compliance with…
After today’s close, we’ll see earnings out of three video game publishers. Electronic Arts (NASDAQ:ERTS), THQ Inc. (NASDAQ:THQI), and Midway Games (NYSE:MWY) all report today. The key to remember here is that calendar Q3…
United Therapeutics (UTHR) is up 31% to a new 52-week high at $89. The company had a home run quarter. Total revenues for the third quarter of 2007 were $59.0 million, up 46% from…
Smith Micro (SMSI) reported an 81 percent fall in quarterly profit, hurt by mounting operating expenses. Revenue of the wireless communication software products developer rose 38 percent to $20.4 million from a year ago.…
China Precision Steel (CPSL) is selling a few extra shares to raise money. And that has driven the company’s stock down 20% to $6.75. The company announced that it has entered into Subscription Agreements…
Citigroup was indicated lower earlier today on a downgrade to an "Underperform" rating out of CIBC World Markets. CIBC notes that Citi may need to sell assets to raise cash (ouch, some $30 Billion…
Shares of Sprint (S) are off almost 5% to $16.30, a 52-week low. Consolidated net operating revenues in the quarter were $10 billion compared to $10.5 billion in the year-ago third quarter Net income…
ExxonMobil (NYSE:XOM) did actually come in light on earnings as 24/7 Wall St. had worried that the chart was indicating. The world’s largest oil company did post EPS at $1.70, slightly under the $1.75…
(AIZ) Assurant $1.63 EPS vs $1.30 est.(BABY) Natus $0.14 EPS vs $0.13 est.(BDX) Becton Dickinson $0.98 EPS vs $0.97 est.(BPUR) Biopure raised $13 million in stock and warrant offering.(C) Citigroup trading down 1.6% after…
CNET Networks Inc. (NASDAQ:CNET) is being maintained with a Sell, but the target is being cut from $8.00 down to $7.30. The time frame here is being rolled forward to year-end 2008 based on…
AAI cut to Neutral at Credit Suisse.ALU cut to Neutral at B of A.AMLN cut to Underweight at Lehman.BAC cut to Sector Perform at CIBC.BRE cut to Hold at Deutsche Bank.BRY cut to Neutral…
Cisco Systems (NASDAQ:CSCO) has announced an initiative aimed at strengthening its business commitments and long-term corporate strategy in China. The program defines a three- to five-year plan of increased investment in China in alignment…