BusinessWeek Online’s Weak Audience Numbers
BusinessWeek is the only major business magazine on a weekly cycle (it does have two double issues). It is larger than Forbes and Fortune and brings in more money. But, the McGraw-Hill (MHP) property…
All Work
Douglas A. McIntyre
Avid Tech & Web 2.0: A Savior or Disaster? (AVID, GYI)
In a screen of 52-week lows this morning, a peculiar name hit the list that we haven’t seen under that screen before yesterday. Avid Tech (NASDAQ:AVID) is trading down $0.45 on the day at…
Companies That Management Can’t Fix: Journal Register
Now that results for the first half of the year are out, 24/7 Wall St. is revisiting its feature on companies that management cannot fix. These firms have lost the ability to be turned…
SIRIUS & XM: A Bias Toward The Merger Closing (SIRI, XMSR)
We have been steadily reviewing all of the trading in stock and options in shares of both Sirius Satellite Radio (NASDAQ:SIRI) and XM Satellite Radio (NASDAQ:XMSR) to look at the probability of the pending…
Baidu Makes A New High
Chinese search company Baidu (BIDU) made a new 52-week high of $231.64. That is not extraordinary in and of itself. But, when the 52-week low of $82.24 is taken into account, it is astonishing.…
VMware (VMW) Price Target Raised To $90
Caris has raised its price target on VMware (VMW), the ultra-hot IPO, to $90. The shares trade at $78 now. Caris has a previous price target of $60, which must have been a bit…
Cardica Trumps Wall St.
Shares in Cardica (CRDC) fell of a cliff yesterday as an A.G. Edwards analyst downgraded the stock on muted enthusiasm for its new surgical product. The fellow must feel a bit embarrassed today. CRDC…
IPO FILING: Babcock & Brown Air Limited, Aircraft Lease Operator (FLY)
Babcock & Brown Air Limited has filed with the SEC in the US to list shares. The Bermuda-based company is selling 18,695,650 common shares in the form of American Depositary Shares, or ADSs, and…
New York Times, Another Slow Ad Month In August
There was some good news for The New York Times Company (NYT) in August. Online revenue at its newspapers grew 28.2%. But, its overall audience was 44.2 million unique visitors in the United States…
VMware Stock Options Being Used For Stealth Stock Ownership (VMW, EMC)
VMware’s (NYSE:VMW) stock options trading has been almost as exciting and puzzling as watching the stock in this post-IPO frenzy since EMC Corp. (NYSE:EMC) launched its partial spin-off in last month’s key IPO. In…
Amgen Set To Run (AMGN, JNJ, BIIB)
Amgen Inc. (NASDAQ:AMGN) is seeing shares trade up another 2% pre-market after yesterday’s decision where an FDA panel rejected a proposal to set a specific target for red blood-cell levels in kidney-failure patients being…
Pre-Market Stock News (September 12, 2007)
(AMGN) Amgen trading up another 2% after vote from FDA was not to put additional caps on company.(BRLC) Syntax-Brillian rescheduled earnings from yesterday’s close to today’s close.(CATT) Catapult Communications said its order input for…
August Business Website Numbers: Small Lead For Yahoo! While BusinessWeek And Motley Fool Fade
August audience figures from comScore show that Yahoo! (YHOO) Finance maintains a lead in unique visitors over rivals AOL Money (TWX) and MSN (MSFT) Money, but that the large pageview advantage that it once…
Pre-Market Analyst Calls (September 12, 2007)
AAPL started as Mkt Perform at Morgan Keegan.ALV raised to Buy RWBaird.AMGN raised to Neutral at UBS.AUDC raised to Outperform at CIBC.BBT started as Outperform at Credit Suisse.CYN started as Outperform at Credit Suisse.FFIV…
The Patent Masters Go After Cell Carriers
NTP, the same company that filed patent suits against RIMM, has filed claims against Verizon Wireless, AT&T (T) and Sprint (S). NTP won a $612.5 million judgment against the Blackberry maker. NTP claims, according…
Europe Markets 9/12/2007
Markets in Europe were narrowly mixed. The FTSE fell .2% to 6,269. Barclays (BCS) was down 1.1% to 601. Diageo was down 1.6% to 1042. Vodafone (VOD) was up 1% to 164.7. The DAXX…
Car Companies See Counterfeits in China
BMW is suing Chinese car maker Shuanghuan Automobile for producing an SUV called the CEO, which the Germany company says is a copy of its X5. And, that may not be the end of…
Intel: More Antitrust Charges
The European Union has been looking into whether Intel (INTC) employed unfair practices to gain market share and shut out smaller rival AMD (AMD). According to the FT the European Commission alleged that Intel…
VW Pick-Ups To Come After Toyota And GM
Detroit’s big profit machine is the SUV and pick-up markets. Even through sales in these categories have fallen off, the margin per unit has stayed strong. Unfortunately, Toyota (TM) has moved into the large…
The Death Of Starbucks Growth
According to Bloomberg rising sales of McDonald’s (MCD) coffee prompted Marc Greenberg, a Deutsche Bank Securities Inc. analyst in New York, in June to reduce his Starbucks stock-target price by 14 percent to $32.…