GM: A Long, Cruel Strike And Fuel For A Recession
The media said there would be no strike by the UAW. GM (GM) management seemed to indicate that talks on a new contract were getting close. But, now the union is out, and it…
All Work
Douglas A. McIntyre
Media Digest 9/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales. Reuters writes that the UAW struck GM (GM) as contract negotiations failed. Reuters reportst that Echostar (DISH)…
Asia Markets 9/25/2007
Markets in Asia were mixed. The Nikkei rose .6% to 16,402. NEC (NIPNY) rose 1.4% to 555. Toyota (TM) rose 1.2% to 6640. The Hang Seng fell .9% to 26,316. China Construction Bank fell…
Halo’s Next Generation (or Halo 4) Already Guarded (MSFT, GME, BBY)
The lines are out. The costumes are on. Halo 3 is on imminent release. 10 minutes for the east coast. Halo 4, or the next version/series of Halo, is already under development. Have I…
Cramer’s Weak US Consumer Play (BBY, CC, LOW)
On tonight’s MAD MONEY on CNBC, Jim Cramer said some companies fail for many reasons. If you have to have to US consumer spending, the rate cuts might not help. Cramer has two companies…
Cramer Ready For Profit Taking (AAPL, RIMM, GOOG, AMZN)
On tonight’s MAD MONEY on CNBC, Jim Cramer said he expects a correction soon from an expected 1% to 2% pullback. He wanted to review his FOUR HORSEMEN OF TECH, and says you want…
Lowe’s (LOW) Cuts Forecasts To The Bone
Lowe’s (LOW) management must not have wanted the Target (TGT) people to feel all alone when they cut their same-store sales forecasts. Lowe’s chopped its earnings estimate after the market closed. The AP writes…
Target (TGT) Cuts Way Back
Target’s (TGT) forecasts for September were off, way off. Instead of a 4% to 6% increase in same store sales, the big retailer is giving out a number of 1.5% to 2.0%. According to…
Is Facebook Worth Half as Much As Yahoo! ?
The Wall Street Journal writes that Microsoft (MSFT) is in talks to buy 5% of social network website Facebook, putting a valuation on the whole company of $10 billion. Alley Insider makes the point…
Lennar Earnings Will Throw Out The Kitchen Sink Too (LEN, SPF, XHB)
Lennar Corp. (NYSE:LEN) is set to report earnings on Tuesday, September 25, 2007. If you can find any great positive calls ahead of this it is only from an analyst named Pangloss. If the…
CMGI Earnings Expectations (CMGI, SFE, ICGE)
CMGI (NASDAQ:CMGI) is set to report earnings after the market close on Tuesday, September 25, 2007. As a reminder, one of the recent quarter earnings did actually come out ahead of the market close. …
The 52-Week Low Club
Circuit City (CC) After announcing weak financials, can’t get off the list. Down to $8.07 from 52-week high of $29.31. Standard Pacific (SPF) California homebuilder said it would stop paying a quarterly dividend and…
Is Facebook Worth More to Microsoft Than Others? (MSFT, GOOG, YHOO)
The WSJ (wsj.com) (subscription required for full access) has reported that Microsoft (NASDAQ:MSFT) may be making an investment into Facebook that would supposedly value Facebook at $10 Billion. That doesn’t mean this is a…
Cramer Re-Reviews ‘New Four Horsemen Of Tech’ (AMZN, GOOG, AAPL, RIMM)
On today’s video segments of TheStreet.com, Jim Cramer was going back over his "NEW FOUR HORSEMEN OF TECH" and was still positive on all of them. We have only included a couple comments on…
The Business Day In Global Warming (AEP, ARSC, SPLS, AKNS, JNPR, PWER, MCEL, YGE)
We noted ourselves today how some of these ethanol stocks are trading at new 52-week lows again. Some of these are hitting new stock lows each day. Some Ethanol Names Drowning In Their Own…
Some Ethanol Names Drowning In Their Own Tanks (USBE, PEIX, VSE, AVR)
Some of these ethanol stocks are almost becoming permanent members on the list of 52-week lows. Some of these were major hi-flyers that went to flying under the radar to merely being hitchhikers. Pacific…
A Motorola (MOT) Rally
Motorola’s (MOT) shares are up almost 10% since late last month. RBS recently upgraded the shares due to a strengthening handset market and improved products, according to Barron’s. Cowen upgraded the stock last week.…
OPEC Catches Up To American Airlines
AMR (AMR), the parent of American Airlines, is off almost 12% today and trading at $21.44. Last last week the company announced that passenger unit revenue would rise between 4% and 5% in the…
Sonus (SNUS) Gets Slaughtered
Sonus Pharmaceuticals (SNUS) said that its drug candidate Tocosol Paclitaxel failed in a late-stage study aimed at treating breast cancer, according to AP. The company was trashed by investors, who moved it down 85%…
How Investors Are Looking at Halo 3 (MSFT, GME, ATVI, TTWO, BBY)
By now, everyone on earth knows of the launch of Halo 3. Microsoft’s (NASDAQ:MSFT) Bungie Studios is launching this at Midnight tonight. This should pretty easily surpass the $125 million in first-day sales from…