Cramer’s Weak Dollar Play 2 (TXT, HON)
Another pick that Cramer gave on CNBC’s MAD MONEY tonight as the "escape from the dollar and the U.S. consumer" and corporate refugee series is: Textron (NYSE:TXT) now at 40% of international sales coming…
All Work
Douglas A. McIntyre
Cramer’s Restaurant Buyback Play (CBRL)
On tonight’s MAD MONEY on CNBC, Jim Cramer noted about yesterday’s call for a pullback. His bounceback candidates were the FOUR HORSEMEN OF TECH and he still thinks that, but he has another he…
CMGI Traders Focusing On Results (CMGI)
We had previously noted for CMGI Inc. (NASDAQ:CMGI) that the core results were going to be closely looked at more than all the sideshow items, and that appears to be the case. The company…
The Business Day In Global Warming (WMI, AMSC, BP, RDS, COST, ENCS)
Waste Management, Inc. (NYSE: WMI) announced a major national initiative to expand its roster of landfill gas to energy (LFGTE) facilities. The program will result in the creation of an additional 60 renewable energy…
Will Another Vonage Lawsuit Loss Threaten Its Viability? (VG, S, VZ)
Vonage Holdings Corporation (NYSE:VG) is a company where it seems like nothing ever goes right. A jury has ruled in favor of Sprint Nextel (NYSE:S) patent lawsuit where it found that Vonage infringed on…
Microsoft (MSFT): Why A Rally?
Microsoft (MSFT) has moved from $28.65 to $29.52 over the last day-and-a-half. But, the move is largely on "soft" news, which means the stock may not stay up for long. The company has released…
CarMax & AutoNation Enter Hall of Shame (AN, KMX)
After perusing the daily 52-week lows, there were two names that make perfect sense on the list if the consumer is slowing and if auto sales (new and used) are heading south: CarMax (NYSE:KMX)…
AT&T And Verizon Keep Move Up As Comcast Hits 52-Week Low
Comcast (CMCSA), the nation’s largest cable company, hit a 52-week low today at $23.13. AT&T (T) and Verizon (VZ) are within pennies of their annual highs. It was not supposed to work out this…
Sears Holdings Makes 52-Week Low
Sears Holdings (SHLD) was supposed to be the next Berkshire Hathaway. It does not seem to be working out that way. After a poor earnings performance and rough same-store sales, SHLD hit a new…
Virgin Mobile Sets IPO Terms (VM, S)
The awaited IPO of Virgin Mobile is much closer to coming out. The company has set terms at 27.5 million shares, with 25.55+ million coming from the company itself. Virgin Mobile has taken the…
Green Private Equity Fund, With a Hockey Twist
Michael Richter, former All-Star goalie for the New York Rangers, has announced the formation of Environmental Capital Partners, LLC as a private equity firm focused exclusively on the environmental industry. “ECP” has formed a…
Qualcomm (QCOM) Raises Forecasts
It seems that its legal problems with the likes of Broadcom (BRCM) and Nokia (NOK) are not hurting Qualcomm’s (QCOM) short-term business. The company said it anticipates fourth fiscal quarter Qualcomm pro forma revenues…
Focus Media’s New Highs on Filing & Audit Committee Findings (FMCN)
Shares of Focus Media Holding Limited (NASDAQ:FMCN) are trading up 10% in pre-market trading. The company announced that it had filed its previously delayed annual report on Form 20-F together with the audited financial…
EchoStar Restructuring Worth Only 1.6%? (DISH, DTV)
EchoStar Communications Corp. (NASDAQ:DISH) has announced that its board of directors has directed management to pursue a possible separation of its businesses into two distinct publicly traded companies. EchoStar recently submitted a request to…
Pre-Market Analyst Calls (September 25, 2007)
ACLI cut to Hold at Cantor Fitzgerald.ARRS cut to Mkt Perform at FBR.BKR cut to Neutral at Oppenheimer.BRCM cut to Mkt Perform at FBR. BZH started as Sell at UBS.CAKE started as Outperform at…
UBS Starts Coverage of Homebuilders (BZH, CTX, DHI, HOV, KBH, MTH, PHM, RYL, SPF, LEN, LOW)
Lennar posted earnings and as expected these were just ugly. The loss was $3.25 per share after charges, although this includes charges of $3.33 per share. Revenues were $2.34 Billion. Lennar’s home sale revenue…
Microsoft (MSFT) Considers A Public Offer For Yahoo!
According to sources inside Microsoft (MSFT), the New York Post is reporting that if the world’s largest software company does not conclude a deal to buy part of Facebook, it may take the offer…
Europe Markets 9/25/2007
Markets in Europe were off sharply at 6.35 AM New York time. The FTSE fell 1% to 6,401. Barclays (BCS) was down 3.9% to 592. BP (BP) was down 2.8% to 573. The DAXX…
Lennar (LEN): Housing Gets Much Worse
Lennar (LEN), one of the largest home-builders, reported a third quarter net loss in 2007 of $513.9 million, or $3.25 per diluted share, compared to third quarter net earnings of $206.7 million, or $1.30…
BP: Blame Old Management
The new CEO of BP (BP) says that the next quarter will be "dreadful". According to the FT, results could be the worst the company has posted since 1992-1993. Margins in the company’s refining…