New York Times (NYT) Launches Blog, Share Hit New Low
The New York Times (NYT) is launching a new blog called "The Board" which will run on NYTimes.com. According to the company the blog will be written by members of The New York Times…
All Work
Douglas A. McIntyre
24/7 Wall St.’s Take on Scripps & Media Break-Ups (SSP, BLC, TRB, JRC)
EW Scripps Co. (NYSE:SSP) is following the media trend of separating its operations into more pure play media sectors. The good news here is that the valuable interactive unit will no longer have to…
Is Google (GOOG) About To Ship G-Phone?
A UBS analyst has confirmed that Taiwanese handset manufacturer HTC will ship about 50,000 cell phones running on a mobile operating system made by the Mountain View, Calif.-based search giant by the end of…
Solar Sector Earnings Preview (FSLR, SPWR, STP, CSIQ, ENER, ESLR)
If you follow solar stocks, you’ve probably seen Lazard Capital Markets covering the sector routinely. Sanjay Shrestha, Managing Director and Senior Analyst of Alternative Energy & Industrials at Lazard Capital Markets, has given a…
Tech Earnings Trifecta: IBM, Intel, Yahoo! (IBM, INTC, YHOO)
It used to be that banks all grouped their earnings around each other. We’ve already started seeing some of the big earnings come out, but today we have a major day from technology giants…
Interpreting Amgen Sales From J&J’s PROCRIT (AMGN, JNJ)
Shares of Amgen Inc. (NASDAQ:AMGN) are under bit of pressure this morning, although not from any direct news from the company itself. Luckily for Amgen, much of the bad news may already be baked…
Ericsson, A True Shocker For The Wireless Group (ERIC, NOK, MOT)
Ericsson (NASDAQ:ERIC) shares are being crushed pre-market after it issued an earnings warning. It’s been a long time since we saw a reaction in Ericsson shares like this, but shares are trading down almost…
Buffett Trims Some Rail Holdings (UNP, NSC, BNI, BRK-A)
It appears Warren Buffett may have cooled a bit toward the railroad sector. An SEC filing Monday evening showed that Bekshire Hathaway (NYSE:BRK-A) trimmed a 10.5 million share stake of Union Pacific (NYSE:UNP) down…
Apple (AAPL) To Ship New Operting System
In a move to take more market share from the PC companies Apple (AAPL) has shipped its latest operating systems. Leopard has more than 300 new features and introduces a brand new desktop with…
Pre-Market Stock News (October 16, 2007)
(ANSV) Anesiva, Inc. trading up over 5% on thin volume after phase III met primary endpoints.(BSC) Bear Stearns may have stake from China CITIC.(CSX) CSX is under attack from The Children’s Fund activist investor…
Wells Fargo’s (WFC) Modest Quarter
Wells Fargo reported Q3 revenue of $9.85 billion was up $919 million, or 10 percent, from a year ago. The bank also reported record diluted earnings per common share of $0.68 for third quarter…
lululemon Feels the Yoga Love (LULU)
lululemon athletica, Inc. (NASDAQ:LULU) is seeing a surge in shares pre-market today. The Yoga apparel and class operator raised its prior guidance. lulu said its comparable store sales are now expected to show percentage…
Delta (DAL) Picks Up The Pace
Rising fuel costs did not kill off a good quarter for Delta (DAL). The airline’s quarterly operating revenue of $5.2 billion for the September quarter was the highest in Delta’s history. Net income for…
DH Horton (DHI) Gets Slaughtered
DH Horton (DHI) reported net sales orders for the fourth quarter ended September 30, 2007 of 6,374 homes ($1.3 billion), compared to 10,430 homes ($2.5 billion) for the same quarter of fiscal year 2006.…
Johnson & Johnson’s (JNJ) Good Quarter
Johnson & Johnson (JNJ) announced third-quarter sales of $15.0 billion, an increase of 12.7% as compared to the third quarter of 2006.Net earnings and diluted earnings per share for the third quarter of 2007…
Pre-Market Analyst Calls (October 16, 2007)
A raised to Overweight at JPMorgan.BIIB cut to Underperform at Piper Jaffray.BRCM raised to Buy at Citigroup.CTXS raised to Outperform at RBC.DPL started as Neutral at JPMorgan.ETN raised to Outperform at FBR.FSLR started as…
Toyota (TM) Hits 52-Week Low
It really does not make any sense. The world’s largest and most profitable car company should not be at a 52-week low. But, it is. Yesterday, Toyota (TM) dropped to $107.68 on the US…
Europe Markets 10/16/2007
Markets in Europe were down at 6.20 AM New York time. The FTSE fell .4% to 6,616, Barclays (BCS) was down 2.9% to 608.5. Northern Rock was down 5% to 205.5. The DAXX was…
A Big Bear Case Before Intel’s (INTC) Earnings
Intel (IN TC) has cut costs and beaten back a push from AMD (AMD) to take some of the larger company’s share of x86 chips in PCs and servers. AMD’s stock is near a…
Oil Moves To $87 On Its Way To $100
Hand it to Al Gore. He was right about all of that energy consumption and fuel burning eating up the ozone and killing the planet. Now citizens will have to pay more for the…