Microsoft “Product Of The Week Club”: Competition For RIMM?
These days it seems that Microsoft (MSFT) cannot get enough products out the door. This week it is a new software set that allows high end wireless devices do most of the things that…
All Work
Douglas A. McIntyre
Europe Markets 10/22/20
Markets in Europe were up at 6.20 AM New York time. The FTSE rose 1% to 6,526. BEA Systems was up 2.3% to 494.25. Pearson was up 2.3% to 793.5. Northern Rock was up…
Nike (NKE) Runs Out Of Running Room
Nike (NKE) is buying soccer shoe company Umbro for $583 million. That may seen like a modest deal for the world’s largest athletic apparel company, but it will have to make a lot more.…
Chrysler Gives The UAW An Extra Push
The UAW rank and file are turning down the Chrysler contract. Local by local they are voting against it. Chrysler needs an edge. so it got itself one. It promised to keep some US…
News Corp (NWS) Turns MySpace Into A Portal
News Corp (NWS) today announced a deal with online game company Oberon to provide online fun which will "incorporate features into the MySpace games area that allows users to socialize by inviting friends to…
Apple’s (AAPL) Next Quarter Will Be Its Hardest
Apple (AAPL) always beats earnings forecasts. In the last quarter, it hit revenue of $6.22 billion and had a profit of $1.01 a shares. It sold 10.2 million iPods, 1.1 million iPhones and almost…
Media Digest 10/23/2007 Reuters, WSJ, NYTimes, FT, Barrons’
According to Reuters, Apple’s (AAPL) rose 67% in the last quarter/ Reuters writes that the UAW has a secret deal with Chrysler to make certain products in the US in the hope of getting…
Asia Markets 10/23/2007
Markets in Asia rose. The Nikkei was up .1% to 16,451. NEC (NIPNY) rose 2.2% to 552. Softbank fell 2.5% to 2540. The Hang Seng rose 3.2% to 29,270. China Mobile (CHL) rose 2.5%…
Cramer’s Cheap Expensive Stocks (GOOG, ISRG, BIDU)
On tonight’s MAD MONEY on CNBC, Jim Cramer was touting growth stocks he deems cheap, even though the prices sound high. Google (NASDAQ:GOOG) is Cramer’s first cheap growth stock. With 34% long-term growth, and…
Ultra Clean (UCTT)… Not Really
Ultra Clean Holdings, Inc. (NASDAQ:UCTT) is getting to find out tonight that in-line guidance at the lower end doesn’t cut it. Its press release says "Ultra Clean Technology Reports Third Quarter Revenue and Earnings…
The 52-Week Low Club
Noah Education (NED) New China IPO, gets pulled down by drop in region’s stocks. Drops to $16.50 from recent high of $23.70. Moneygram (MGI) Fitch cuts rating. Falls to $17.67 from 52-week high of…
Target Sales Update, Slightly Off Target (TGT)
Target Corp. (NYSE:TGT) is slightly lowering its comparable sales targets for October, no pun intended. The company previously forecast a 3% to 5% gain for October sales, but now it said in its dial-up…
Texas Instruments, Messy (TXN)
Texas Instruments Inc. (NYSE:TXN) has posted its earnings at $0.52 EPS on revenues of $3.66 Billion; First Call had estimates pegged at $0.50 EPS and $3.66 Billion in revenues. Unfortunately, the results included a…
Apple’s Sweet Core
Apple Inc. (NASDAQ:AAPL) posted earnings of $1.01 EPS on revenues of $6.22 Billion; Wall Street was expecting $0.86 EPS and $6.07 Billion in revenues. The company’s guidance is always deemed overly conservative, but they…
A Nice Quarter For American Express (AXP)
American Express (AXP) had a nice enough quarter. But, it was not stellar and the stock did not get out of hand after hours. Revenue net of interest expense rose 11% to $6.945 billion.…
Netflix (NFLX) Results: Investors Dance In Streets
Wall St. could tell right away that it was a huge quarter. Within seconds of the earnings release, Netflix (NFLX) shares were up 18% to almost $27.20 Revenue for the third quarter of 2007…
If Jeff Immelt Is Buying GE Shares, Should You Follow? (GE)
If a CEO is out buying stock in his company, it usually gets noticed. When it is General Electric (NYSE:GE) and when it is open market share purchases it should get even more notice. …
UAW And Chrysler Get Ugly, Damage To Ford (F)
According to Reuters "ratification of the tentative labor contract between the United Auto Workers union and Chrysler LLC was thrown into jeopardy on Monday after workers at four of the eight assembly plants that…
Apple Earnings Preview (AAPL)
Apple Inc. (NASDAQ:AAPL) reports earnings today after the close and Wall Street is expecting $0.86 EPS and $6.07 Billion in revenues. The company’s guidance usually comes at or under certain targets and is deemed…
Citrix Systems, Officially a Virtualization Play (CTXS, VMW)
Citrix Systems Inc. (NASDAQ:CTXS) has officially become a "virtualization stock" as it announced this morning that it has closed upon the $500 million purchase of XenSource, which was announced in August. The company now…