Will Nortel Buy Tellabs? Hopefully Not
Lightreading is reporting that telecom equipment company Nortel (NT) may be close to buying Tellabs (TLAB). NT may have already made an offer of $14 to $15. According to Lightreading, "Tellabs is seen as…
All Work
Douglas A. McIntyre
More Bad News At Sears
Sears (SHLD) reported a poor quarter this AM. The company reported net income of $176 million, or $1.17 per diluted share, for the second quarter ended August 4, 2007, compared with net income of…
Ciena Jumps Up On Good Numbers
Ciena (CIEN) network specialist, announced results for its fiscal third quarter ended July 31, 2007. Revenue for the third quarter totaled $205.0 million, an increase of 34.4% over the same period a year ago…
Early Research Calls 8/20/2007
Merriman upgrades Taser (TASR) from neutral to buy. Lehman (LEH) upgrades Motorola (MOT) from equal weight to overweight. Sun Trust starts Penn Virginia with a buy and $54 price target. Cowen upgrades Lab Corp…
Intel See Asia Growth: Peanuts For AMD
Intel (INTC) says that its growth in Asia will be robust for the balance of the year, a sign that PC sales in the region are strengthening. IDC expects a 14% increase in PC…
Ford’s Slow Go On Jag And Rover
Ford (F) management won’t say this, but it is in no rush to sell Jaguar or Range Rover until next year. Mahindra & Marhindra, the Indian car conglomerate,TPG Capital, Cerberus Capital Management, Ripplewood Holdings…
Europe Markets 8/30/2007
Markets in Europe were up modestly at 6.15 AM New York time. The FTSE rose .6% to 6,167. BHP Billiton (BHP) rose 1.4% to 1409. BP (BP) rose 1.2% to 549. The DAXX was…
Novell: Why Linux Is The Next Netscape
Novell (NOVL) reported next to no reveue growth in its last quarter. The number was $243 million, up less than 3% from a year ago. According to TheStreet.com, cash flow dropped from $36 million…
Investment Bankers: Coal From Santa
According to Bloomberg, when investment bankers look into their Christmas stockings, all they will see is coal. The news service owned by New York’s mayor writes "Standard & Poor’s said business conditions for securities…
Tivo: Not Much Of A Business
Tivo (TIVO) was, at one point, the next big thing. Recording and time shifting TV programs. Watch them when you want to. Not VCR required. In the last quarter, TIVO has revenue of only…
Yahoo!: Changing Generals After The War
Yahoo! (YHOO) has announced that its head of sales is out. That part of the company will be combined with a business development unit and run by a new chief. It does mean that…
More Competition For Motorola
There is no rule about kicking companies when they are down, and Motorola (MOT) is figuring that out. Recently Samsung caught MOT in global market share, at about 15%. Nokia (NOK) is the leader…
Media Digest 8/30/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Yahoo! (YHOO) has pushed out its top sales executive and combined its sales and e-commerce units. Reuters writes that Microsoft (MSFT) has purchased a corporate group chat provider. Reuters writes that…
Asia Market 8/30/2007
Markets in Asia rose The Nikkei was up .9% to 16,152. Hitache (HIT) fell 1.5% to 724. Sony (SNE) rose 1.1% to 5290. The Hang Seng rose 1.8% to 23,413. China Mobile (CHL) rose…
The Odd Case Of Google Finance
Google (GOOG) Finance launched to a fair amount of fanfare in March 2006. The market assumed that Google’s lead in search could fuel a large audience for the new product. At the time, Jupiter…
If Seagate Won’t Sell, Why Not Buy Western Digital? (STX, WDC, KOMG)
Seagate Tech (NYSE:STX) has been a great performer today after it raised guidance. But it also noted strongly that it wasn’t for sale. This is in the 48 hours after rumors and hopes from…
The 52-Week Low Club
Progressive Corporation (PGR) CEO was spying in church on people who had the sued the company. Seriously. Stock down to $20.23 down from $25.54. Kellwood (KWD) Women’s sportswear maker out of favor. Down to…
US Investment Bank Ratings OK, Or So Says Moody’s (MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WB)
Stocks Tickers: MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WB You will have to have a subscription in order to access the full article, but Moody’s has an article…
A Lot to Chew for Organic Investors (HAIN, UNFI, WFMI, OATS)
This week may be less active in shares traded because of the pre-Labor Day absence of many Wall Street pundits. But it is a very important week for organic food and health(ier) food companies. …
A 360-Degree Review of Dell Ahead of Earnings (DELL, HPQ, GTW, STX, VMW)
Dell Inc. (NASDAQ:DELL) will post earnings after the close this Thursday and analysts, according to First Call, have estimates at $0.30 EPS and $14.63 Billion in revenues for the past quarter. The coming quarter…