Europe Markets 9/21/2007
Markets in Europe are up modestly at 6.20 AM New York time. The FTSE rose .4% to 6,458. BP (BP) is up 1.1% to 596.5. Northern Rock is up 7.5% to 199. The DAXX…
All Work
Douglas A. McIntyre
News Corp’s Fox To Offer Free Shows On Apple iTunes
Not to one to be out-flanked by NBC (GE) or ABC (DIS), News Corp’s (NWS) Fox unit will offer some of its most popular shows free on Apple (AAPL) iTunes. According to the LA…
September NYSE Short Interest: Housing And Retail Under Pressure
The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares short on September 14…
What To Expect From VMware & EMC Analyst Coverage (EMC, VMW)
This weekend may mark the official end of Summer, but VMware (NYSE:VMW) and EMC Corp. (NYSE:EMC) shareholders are going to have to watch the calendar. The brokerage firm and underwriting quiet period for this…
Media Digest 9/21/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Retuers, Alan Greenspan says that housing price will fall much further due to oversupply. Reuters writes that the UAW and GM (GM) will begin bagaining again on Friday. Reuters reports that earnings…
Asia Markets 9/21/2007
Markets in Asia were mixed. The Nikkei fell .6% to 16,313. Sony (SNE) fell 1.8% to 5340. Toyota (TM) fell 1.9% to 6650. The Hang Seng rose .5% to 25,819. China Petroluem (SNP) rose…
September Short Interest Decreases At NYSE & AMEX (NYX, NDAQ)
The short interest data for the NYSE Euronext (NYSE:NYX) and the American Stock Exchange are both out and they are both showing something we haven’t seen for some time: short interest declined, if you…
3COM Seemed Good, But… (COMS)
3Com Corp. (NASDAQ:COMS) posted a net loss of $18.7 million, or -$0.05 EPS, but on a non-GAAP basis outside of restructuring costs it made $12.2 million, or $0.03 EPS. Analysts were expectingg $0.02. Revenue…
Will Saber Rattling Kill NASDAQ/OMX/LSE/Dubai Deal? (NDAQ, NYX, C)
The NASDAQ Stock Market (NASDAQ:NDAQ) has been in a long hunt over how it plans to grow and compete in a new world of mega-exchanges, and frankly its second place status in the U.S.…
Cramer: Buy Yum! On Any Pullback (YUM)
Cramer on CNBC’s Mad Money also came out in favor of YUM! Brands (NYSE:YUM) tonight. He said it is one you buy every time it pulls back. The growth from China is huge, and…
Cramer Back On The Goldman Sachs Wagon (GS, BSC)
On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to review how all brokerage firms aren’t cut from the same cloth. The broker to own is the one Cramer always touts as the best,…
Nortel (NT): Alcatel-Lucent (ALU) Hangover Gets Worse
Barron’s writes that RBC Capital is not looking for a turnaround at Nortel (NOT) anytime soon. The research firm’s opionion–“Investors continue to remains frustrated at Nortel’s pace of improvement and the company has yet…
Apple’s Steve Jobs Subpoena: More Serious Than Sounds
From Silicon Alley Insider WSJ et al reports that Steve Jobs has been subpoenaed to testify in a civil stock-option backdating case the SEC has brought against Apple’s (AAPL) former general counsel Nancy Heinen. …
Oracle Hits Recent Highs, But Guidance Still Pending (ORCL)
Oracle Corp. (NASDAQ:ORCL) posted earnings that Wall Street will have to wait for guidance before reaching a verdict. Ellison & Co.’s first-quarter profit grew to roughly $840 million, roughly 25% growth compared to Q1…
The 52-Week Low Club
Circuit City (CC) Poor earnings and almost certainly more to come. Down to $8.46 from 52-week high of $29.31. Enterra Energy (ENT) Still falling after cutting dividend. Drops to $1.33 from 52-week high of…
Almost 100% IPO Gainer (ATHN)
How long has it been that we saw a fairly small cap IPO more than double on the opening day? Don’t count the greatest virtualization play out there, because last month it instantly became…
Charter (CHTR): Bad News For Cable Catches Up
Recent comments from Comcast (CMCSA)t about the emerging strength of high speed fiber products being sold by Verizon (VZ) and AT&T (T) has pushed the shares of the largest US cable company down. According…
Oracle: Almost Multi-Year Highs Into Earnings (ORCL)
Shortly after today’s close we will see earnings from the king of enterprise-wide software leader Oracle Corp. (NASDAQ:ORCL). This will be one of the key results to watch, and with shares over $20.00 its…
Motorola (MOT) And Nokia (NOK): A Mobile Phone Shortage
Barron’s is reporting that Cowen says there will be a shortage of mobile handsets in the US “the millions of units.” The research firm indicates that this is good news for Motorola (MOT) and…
Circuit City, Wishing They Could Go Back In Time (CC, BBY)
Circuit City Stores, Inc. (NYSE:CC) is feeling the wrath of the trading gods today. At $9.05 it’s also putting in a new 52-week low under the prior $9.43 low, and this is actually a…