Cablevision (CVC) LBO Is Toast
Most LBO’s these days get killed because buyers develop remorse over a high price and the tough borrowing environment. At Cablevision (CVC) all of that has been turned on its head. The founding Dolan…
All Work
Douglas A. McIntyre
Skype (EBAY) And MySpace (NWS): 1+1=0
News Corp’s (NWS) social network MySpace will add Ebay’s (EBAY) Skype voice over IP product to the MySpace instant messaging feature. The two companies say that the deal will promote the use of both…
The High Lay-Off Economy (BSX)(INTC)(CFC)(HPQ)
Workers in industries that are not doing well usually get laid off. But, it is not a good omen when workers in robust sectors of the economy are losing their jobs. Countrywide (CFC) has…
Santa On A Rickshaw: More Chinese Toys For Christmas
Reuters reports that "Li Changjiang, the head of General Administration of Quality Supervision, Inspection and Quarantine, said factory owners in the southern province of Guangdong, China’s manufacturing heartland, told him business was booming.". It…
Media Digest 10/17/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the Mortgage Bankers Association said that mortgage originations will fall next year to the lowest levels since 2000, forcing job losses for at least 30,000 more home finance professionals. Reuters writes…
Asia Markets 10/17/2007
Markets in Asia were mixed. The Nikkei fell 1.1% to 16,995. KDDI fell 2.4% to 902000. Marubeni fell 2.1% to 1008. NEC (NIPNY) fell 2.3% to 564. Docomo (DCM) fell 3.7% to 155000. The…
Earnings Preview: JPMorgan Chase (JPM)
DJIA component and financial giant JPMorgan Chase (NYSE:JPM) is set to report earnings Wednesday morning before the open. We have First Call estimates at $0.90 EPS & $16.6 Billion, but based upon the performance…
Cramer’s ‘Improving People’ Picks (ALGN, SNCI)
On tonight’s MAD MONEY on CNBC, Jim Cramer reviewed a couple stocks on what is basically a "bionic you." Obviously that’s a stretch but these are stocks that are medical or quasi medical products…
The Business Day In Global Warming (FPL, TSSP, LDK, JEF, AA, SOPW, WWAT)
Lazard Capital Markets gives a preview for earnings out of key solar companies this week. First Solar was started with coverage by Pacific Growth Equities with a Neutral rating, and after a 400%+ stock…
Microsoft (MSFT) To Battle Cisco (CSCO) For Business Communications Dollars
Microsoft (MSFT) said it expects its unified communications product — the company’s effort to link e-mail, instant messaging and phone systems over Internet networks — to become one of the fastest-growing segments of its…
Pepsi Scores Tiger Woods For Gatorade (PEP)
PepsiCo’s (NYSE:PEP) Gatorade unit has signed a collaboration with golf megastar Tiger Woods to develop Tiger-inspired sports performance beverages for athletes at all levels. Tiger said in the release, “Gatorade has been part of…
The 52-Week Low Club
Dominos Pizza (DPZ) Quarterly profits drop along with shares. Down to $14.22 from 52-week high of $35.67. Standard Pacific (SPF) Home builder on a day with more bad news about housing sales. Off to…
Seagate Earnings Carrying On (STX, WDC)
Seagate Technology (NYSE:STX) reported disc drive unit shipments of 47 million, revenue of $3.3 billion, diluted net income per share of $0.64 for the quarter ended September 28, 2007. Its non-GAAP EPS was $0.69.…
Yahoo!’s (YHOO) Home Run Quarter
The market bet against Yahoo! (YHOO) today, taking the shares down over 4% to $26.69. It was a bad gamble. Yahoo! (YHOO) revenues were $1,768 million for the third quarter of 2007, a 12…
Intel Margins & Guidance Cause Cheers (INTC)
Intel (NASDAQ:INTC) has reported earnings of $0.31 EPS and $10.1 Billion in revenues, versus First Call estimates $0.30 EPS and $9.62 Billion in revenues. It said microprocessor units set a record and the average…
IBM Earnings Lack Significant Upside (IBM)
IBM (NYSE:IBM) has posted earnings at $1.68 EPS on $24.1 Billion in revenues, versus First Call estimates of $1.67 EPS & $24.07 Billion in revenues; Big Blue usually holds off on formal guidance and…
Microsoft Earnings: Goldman Sachs Must Know Something (MSFT)
Goldman Sachs has one of the more premiere research shops for the bulge bracket firms on Wall Street and investors look to its "Conviction Buy List" with regularity. It might not seem odd that…
Boston Scientific (BSX) Tries To Fire Everyone
Will the last one to leave the building please turn out the lights? Boston Scientific (BSX) will apparently ax up to 3,400 people. It appears that CEO James Tobin and his co-founders Peter Michael…
No Wonder Toyota (TM) Is Near 52-Week Low?
24/7 Wall St. wrote earlier that Toyota (TM) is trading near its 52-week low. Given the relative success of the big car company compared to rivals like GM (GM), the stock price level seems…
McClatchy (MNI) Sees Brighter Future, Debt Pay-Down, Stock Says Otherwise
McClatchy (MNI) has just ended its investor conference call for the third quarter results. In the discussion of paying down debt, there was talk of selling land in Miami and a tax refund on…