GM and Ford: A UAW Ultimatum
The UAW is being threatened by Ford (F) and GM (GM). Agree to cost cuts, or we move production overseas. The sight of the gallows focuses the mind.The UAW is being asked to gut…
All Work
Douglas A. McIntyre
Housing Collapse To Burn Cable/Satellite, Analyst
From Silicon Alley Insider Sanford Bernstein cable and satellite analyst Craig Moffett foresees bad news for TV giants like Comcast (CMCSA), Cablevision (CVC), Time Warner Cable (TWC), and DirecTV (DTV): the depressed U.S. housing…
This Week on StockHouse August 20 to 24
Publisher, executive editor Darin Diehl invited (http://www.stockhouse.ca/shfn/editorial.asp?edtID=20110) StockHouse members to discover their inner journalist. User generated content is going to be a big part of the new StockHouse. Check out the article, or write…
52-Week Lows: Sonic Solutions (SNIC); Roxio Isn’t Working
Sonic Solutions (NASDAQ:SNIC) didn’t just hit a new closing low over the last 52 weeks today. It closed at a low not seen since 2003. Shares have actually been weak most of this year,…
Today’s Stock Buybacks (Aug. 24, 2007) (RKT, TSRA, HPOL, BKC)
These are not all of the buybacks and you can see how there were many more buybacks announced yesterday. But here are some of the buybacks from today and this morning: Rock-Tenn Company (NYSE:RKT)…
More Cramer Picks (AAPL, LEH, CROX)
On today’s STOP TRADING segment on CNBC, Jim Cramer was in ‘a good Friday mood’ with several stock picks: Lehman (NYSE:LEH) call buying is so large that it’s off the charts, according to Cramer…
IPO FILING: Precision Therapeutics
Precision Therapeutics is a life sciences company developing and commercializing tests intended to assist physicians in individualizing cancer therapy in an effort to improve treatment outcomes unde the name ChemoFx test. ChemoFx is a…
The Big Event Next Week: Dell’s Earnings (DELL, HPQ)
Next Thursday we actually have a big report as Dell Inc. (NASDAQ:DELL) will post earnings after the close (Aug. 30). This may be an actual report rather than a preliminary report, but it would…
Are The Big Three Breaking Ranks In UAW Talks?
For decades GM (GM), Ford (F), and Chrysler have essentially negotiated as a block. Not so this year, according to Bloomberg. Chrysler, now privately held and without a rich parent, is trying to get…
What Options Trading Signals For Arena Pharmaceuticals’ Lorcaserin Safety Review (ARNA)
Business Week noted Arena Pharmaceuticals Inc. (NASDAQ:ARNA) as one of its three "Inside Wall Street" weekly stock picks this morning, and frankly it was the only pick with any sizzle to it. Arena Pharmaceuticals…
Chinese Putting Money Into Wal-Mart
Wal-Mart’s (WMT) shares are running. After a tough quarter, they dropped to under $43, but are moving toward $44 today, up 1.7% on rumors that a Chinese institutional investment fund could buy as much…
Tribune Monthlies Show Neverending Carnage (TRB)
Tribune’s (NYSE:TRB) consolidated revenues for the July (7th) period were $467 million, Down 5.9% from last year’s $496 million. As youread through the numbers you’ll see that there is really only one bright spot,…
Pre-Market Stock News (August 24, 2007)
(AMWD) American Woodmark announced a $100M buyback.(ANN) Ann Taylor $0.50 EPS vs $0.48 est.(ASIA) AsiaInfo raised EPS guidance but reaffirmed revenue targets; thinly covered stock.(BKC) Burger King $0.29 EPS vs $0.27 est.(BKHM) Bookham Tech…
Pre-Market Analyst Calls (August 24, 2007)
ACF cut to Sell at Goldman Sachs.AKS started as Neutral at Credit Suisse.APH started as Buy at Jefferies.APOL raised to Buy at Sun Trust Robinson Humphrey.BRCD raised to Outperform at JMP Securities.EYE raised to…
Europe Markets 8/24/2007
Markets in Europe were down slightly at 6.10 AM New York time. The FTSE was off .1% to 6,188. MAN Gourp was down 2% to 480.25. Royal Bank of Scotland was down 1.2% to…
Video Games Have Good July
According to NPD data, US sales of video game consoles were fairly strong in July. The Sony (SNE) PS3 sold 159,000 units, well up from previous months. SNE has just cut the price for…
Microsoft: Xbox Ablaze
There is a lesson in the smoking controllers that work with the Xbox 360. Microsoft (MSFT) "will send out replacement parts for its Xbox 360 Wireless Racing Wheel after 50 reports that the video-game…
Ford Joins The Beggars Banquet
Helping the economy should be a "priority" for the Fed, according to the head of Ford (F), Alan Mullaly. He tells the FT that "economic and credit conditions were a “big headwind” to his…
Media Digest 8/24/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, several Asian banks disclosed that they had exposure to US sub-prime mortgages. Reuters writes that Monster (MNST) took five days to disclose the theft of personal data on 1.3 million job…
Asia Markets 5/24/2007
Markets in Asia fell. The Nikkei was down .4% to 16,249. Nissan was down 1.1% to 1121. Yahoo Japan was down 2.9% to 38,650. The Hang Seng fell .6% to 22,840. Cinha Uniicom (CHU)…