Greenspan Questions Huge Bail-Out Fund (C)(JPM)(BAC)
According to the FT, former Fed chief Alan Greenspan says that the $75 billion plus fund to buy the assets of troubled investment vehicles is a bad idea. The leaders in the push for…
All Work
Douglas A. McIntyre
Chinese Companies Seize Top Of List Of Most Valuable Global Companies (PTR)(CHL)(LFC)
The New York Times was good enough to run a list of the world’s 20 most valuable companies ranked by market cap in 1989, 1999, and 2007. Japan owned the list in 1989. Most…
October Short Interest For NYSE Stocks
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large increases and…
This week on Stockhouse October 15 to October 19
Lackluster earnings reports and bad news from the U.S. housing sector weighed all week on the markets, as oil pushed to record highs, the Canadian dollar climbed and the Dow sank for five days…
The Calls For A Lynching of Countrywide’s (CFC) CEO Increase
The Wall Street Journal writes "CtW Investment Group, a pension-fund advisory group affiliated with seven big labor unions" has sent a letter to the board of Countywide Financial (CFC) asking it to sack CEO…
An AT&T (T) Suit, The Death Of Vonage (VG)
AT&T (T) became the third big telecom company to file a patent suit against Vonage (VG). It follows actions by Sprint (S) and Verizon (VG). Those suits have been settled at a price of…
The 52-Week Low Club: Merrill Lynch (MER)
The list is very long today, so this will have to be confined to the best of the worst. Radian Group (RDN) Company provides services to mortgage lenders. Not a good business these days.…
Market Drop But No Surrender
The Dow was down 370 points, or 2.7%. Nasdaq fell almost the same amount. But, that was not the story. What happened at the end of the day is what was important. The market…
The Business Day In Global Warming (MCEL, ASTI, CSUN, CPST, CMGI, USEY)
Senator Joe Lieberman and Senator John Warner introduce the Climate Security Act to aim for 50% carbon emission reduction in the U.S…… by 2050. Lazard Capital gets even more bullish on key solar names,…
New Brokerage Targets on Google… How Long ‘Til $1,000 Target Issued? (GOOG)
There are enough research reports and notes out today on Google (NASDAQ:GOOG) that the ‘consensus’ numbers ahead and the consensus targets aren’t going to be of any use for a while. We compiled a…
Home & Lending Stocks Continue To Implode (FNM, FRE, C, WM, SOV, HD, LEN, CTX)
After reviewing the 52-week lows today, it was almost the same old trend we have been seeing day in and day out…. Lenders… Banks… Homes… and Consumer…What is obvious is that the FOMC can…
Lazard Gets More Bullish on Solar (STP, SPWR)
Sanjay Shrestha, Managing Director and Senior Analyst of Alternative Energy & Industrials at Lazard Capital Markets has maintained his positive stance on solar companies. Suntech is scheduled to report 3Q07 results on November 15. …
AMD (AMD) Pays The Price
There was a moment after AMD (AMD) released its earnings when the stock actually rose. Gross margins were up a bit. The Q3 loss was less than Q2. There was a below market tender…
Overstock Over The Top (OSTK)
Overstock.com (NASDAQ:OSTK) is seeing a stock surge in its pre-market trading. The controversial online discount retailer posted a narrower than expected loss of $4.7 million on a 3% rise in revenues to $161.9 million. …
DJIA Components 20 Years After The Crash (MO, GM, IBM, MCD, MRK, MMM, PG, UTX) Part 2
Astoday is the 20th anniversary of the 1987 stock market crash, 24/7 WallSt. wanted to go back in time to review how the individual DJIAcomponents held up around the time and how they have…
DJIA Components 20 Years After The Crash (AXP, T, BA, CVX, KO, DD, XOM, GE) Part 1
As today is the 20th anniversary of the 1987 stock market crash, 24/7 Wall St. wanted to go back in time to review how the individual DJIA components held up around the time and…
Appe (AAPL) Mac Market Share Growing
According to Gartner research the big winner in computer sales in the U.S.was Apple (AAPL), which saw shipments rise 37 percent, according to Gartner, to 1.3 million units. That gave it a market share…
Pre-Market Analyst Calls (October 19, 2007)
AZN cut to Sell at UBS.BKUNA cut to Mkt Perform at FBR.CAB cut to Neutral at RWBaird.COF cut to Mkt Perform at FBR.COST started as Mkt Perform at Bernstein.DVA cut to Neutral at Oppenheimer.ELOS…
Key Earnings Reactions (October 19, 2007)
(AMD) Advanced Micro Devices -$0.71 EPS vs -$0.62 est.(BSX) Boston Scientific $0.20 EPS vs $0.07 guidance.(CAT) Caterpillar $1.40 EPS vs $1.43 est.; narrows 2007 guidance.(FITB) Fifth Third $0.71 EPS vs $0.68 est.(GOOG) Google traded…
Boston Scientific’s (BSX) Bleak Outlook
The stent business continues to dog Boston Scientific (BSX) numbers. Several studies have shown that the devices can cause blood clots. BSX sales for the third quarter of 2007 were $2.048 billion as compared…