Sprint (S) CEO Forsee Under Seige
Sprint Nextel (S) CEO Gary Forsee may be lingering in his office these days. Heading outside could be dangerous. Relational Investors LLC, which owns almost 2% of Sprint’s shares, is being less than polite…
All Work
Douglas A. McIntyre
Cramer’s Overlooked Medical Billing Solutions IPO (ATHN, MDRX, QSII)
athenahealth (NASDAQ:ATHN) is a Web 2.0 version of medical billing, and it is like Allscripts Healthcare Solutions (NASDAQ:MDRX) and Quality Systems Inc. (NASDAQ:QSII). He likes that the company has very high loyalty and renewal…
Were Verizon’s (VZ) Fiber TV Subscriptions Inflated?
In a suit filed in U.S. District Court, an advertising agency has charged Verizon (VZ) with inflating the number of FiOS fiber-to-the-home subscriptions that it has by adding "pending" customers to the count. According…
Cramer’s New Gold Stock (ABX, NEM, AUY, BHP)
On tonight’s MAD MONEY on CNBC, Jim Cramer reviewed a stock that offers both protection and upside: Barrick Gold (NYSE:ABX) has the most upside according to Cramer in gold stocks. The weak dollar is…
NutriSystem Shareholders Lost More Weight Than Their Clients (NTRI)
NutriSystem, Inc. (NASDAQ:NTRI) has lowered expectations for its preliminary financial results for its third quarter. The company simultaneously announced that it authorized a $100 million increase to its existing stock repurchase program and it…
Trimeris Gives Up On Biojector (TRMS, BJCT)
Trimeris Inc. (NASDAQ:TRMS) is feeling a little after-hour pressure. Roche and Trimeris today provided an update on their combined efforts to offer a needle-free device which has been investigated for use with FUZEON® (enfuvirtide).…
The 52-Week Low Club
King Pharmaceuticals (KG) Completes sale of a business unit. Down to $11.25 from 52-week high of $22.25. Worldgate Communications (WGAT) Future of video phone company continues to concern. Falls to $.30 from 52-week high…
Interest in Circuit City Driving Shares (CC, SHLD)
Circuit City (NYSE:CC) is actually seeing its shares trade higher today. This isn’t on the consumer rebirth, and it isn’t on the company turning itself around. Today, Barron’s is reporting on its "Tech Trader…
Merrill Fires Execs Over Fixed -Income Woes
Merrill Lynch (MER) fired the global chief of its fixed-income division and one of his top two U.S. deputies after losses in credit markets, according to Bloomberg. Merrill will not cop to it but…
Globalstar’s Woes (GSAT)
Looking into recent IPO’s is usually more than interesting as far as financial investigations are concerned. There are usually the year’s best performers among the names, but there are also some of the year’s…
China Market Madness: More Shares Rally
It must be something in the water. A broad range of China stocks are up again today. Most are moving on no news. China Architectural (RCH) Up 58% to a new hight of $21.…
Countrywide’s (CFC) New PR Program Get Pounded
24/7 Wall St. is not the only medium that took exception to Countrywide’s (CFC) hiring of Burson-Marsteller to lift employee morale and help the mortgage company look better to the outside world. As The…
Constant Contact IPO: Instant Gapper (CTCT)
Constant Contact, Inc. (NASDAQ:CTCT) has finally opened for trading at what appears to be $26.00 as the first print. This IPO was originally supposed to open at 11:00 AM but faced delays in each…
e-Future Shows Traders Still Chasing Chinese Stocks (EFUT)
e-Future Information Technology Inc. (NASDAQ:EFUT) is seeing shares post huge gains this morning on active volume after announcing that Beijing Tourism Group ("BTG") has licensed e-Future ONE VPM (Visual Process Management) Solution to centralize…
Is Tata The Leader In Race To Buy Jaguar And Rover
With its US vehicle sales down 20% in September, Ford (F) could use some quick cash. It may need it to fund a union controlled health care fund to get the liabilities off of…
OSI Systems Wins More Cargo Inspection Orders (OSIS)
OSI Systems Inc. (NASDAQ:OSIS) announced this morning that it won two separate government contracts worth roughly a combined $30 million. These are cargo screening orders for Rapiscan Eagle Mobile, Rapiscan Eagle Gantry and Rapiscan…
Pre-Market Stock News (Oct. 3, 2007)
(AAI) AirTran load factor rose 6.7% to 68.5%.(BEAS) BEA Systems stake raised to 11% by Carl Icahn.(BOBE) Bob Evans s-s-s rose 0.4%.(CPST) Capstone Turbine received a microturbine order for for $3.8 million in Germany.(CTCT)…
Pre-Market Analyst Calls (Oct. 3, 2007)
AMD started as Underweight at Morgan Stanley.APH started as Buy at B of A.ARW started as Neutral at B of A.AVGN started as Neutral at Credit Suisse.AVT started as Neutral at B of A.CIEN…
Citigroup’s (C) Prince: Fire Them All
The FT writes that Citigroup (C) is investigating why it had $3.3 billion of losses and writedowns in its markets and banking business. No one has lost a big job over the Citi news.…
TechCrunch And Huffington: Who Will Buy The Big Blogs?
The name brand blogs. The big ones. Huffington. TechCrunch. GigaOm. Boing Boing. Ars Technica. SeekingAlpha. AOL has already bought Weblogsinc. It owns popular blogs including flagship Engadget. But, with the internet operations at newspapers…