Home Depot Takes A Skinning
Home Depot (HD) may sell its supply unit, for $1.2 billion less than was originally planned. The initial price was about $10.3 billion. The problem now is that the deal may still not get…
All Work
Douglas A. McIntyre
Cramer New Value & Momentum Picks (EMC, VMW, AYR)
On tonight’s MAD MONEY on CNBC, Cramer noted there are two ways to profit from a recovering market like we are seeing today. After a 5-day rally, today was just profit taking. He has…
Share Buyback Announcements Still Coming (HLF, GPS, WABC, JRN)
Today we continued to see companies announcing new or adding to existing share buyback plans. These were the main announcements, although it may be worth noting that this does not include companies that have…
Gapping Gap Earnings & Buybacks (GPS)
Gap Inc. (NYSE:GPS) reported $0.21 EPS (before a $0.02 charge) on revenues of $3.69 Billion, and First Call estimates were $0.19 EPS on $3.7 Billion in revenues. Keep in mind that the company’s revenues…
Marvell (MRVL) Earnings No Longer “Preliminary”
Marvell Technology Group Ltd. (NASDAQ:MRVL) posted earnings of $0.06 non-GAAP EPS on revenues of $656.7 million, compared to estimates of $0.06 EPS on revenues of $645.5 million according to First Call. The coming quarter…
Hard Drive Makers Competing With Flash Drives, With Flash Drives (STX, WDC, KOMG, SNDK)
It has hardly brought any real coverage today, but the flash drive competition to hard drives in PC’s and devices may have died before they were even walking on their own. Flash drives are…
The Economy: Up The Down Staircase
The CEO of CountryWide Financial (CFC), Angelo Mozilo, could not just take the $2 billion his company got from Bank of America (BAC) and have a nice day. He had to mention that he…
Cramer’s Mortgage Winner (NLY, CIM)
On today’s STOP TRADING segment on CNBC, Jim Cramer noted how recent news out of the mortgage environment is a help but not necessarily an all-clear sign. He still thinks rate cuts would help,…
Sun Microsystems Trying The Ticker Change Trick (SUNW, JAVA)
Sun Microsystems (NASDAQ:SUNW) is willing to try just about anything to get its shares moving or at least thought of differently. The company is CHANGING ITS STOCK SYMBOL….to "JAVA." Yep, the lame stock ticker…
52-Week Low: Wall Street Tells Candela ‘Seeing Is Believing’ (CLZR, PMTI, ELOS)
Candela Corp. (NASDAQ:CLZR) is one of the cosmetic/medical laser companies that has seen better times than recent trading, and it showed up in the 52-week low club in a screen today. The company posted…
Viacom: MTV Goes Critical
The MTV unit of Viacom (VIA), which makes up most of the revenue in its Media Networks operation, is in trouble. And, it has been coming on for some time. For the first six…
Earnings Preview: Gap, Inc. (GPS)
Gap Inc. (NYSE:GPS) reports earnings after today’s close, and First Call estimates are $0.19 EPS on $3.7 Billion in revenues. The coming quarter is expected to post $0.21 EPS on revenues of $3.88 Billion. …
Marvell Tech Set For Earnings (MRVL, BRCM)
After today’s close we’ll get earnings out of Marvell Technology Group Ltd. (NASDAQ:MRVL). The company is expected to post $0.06 EPS on revenues of $645.5 million according to First Call. The coming quarter is…
GameStop’s New Highs After Earnings & Guidance (GME)
GameStop (NYSE:GME) is trading up 7% pre-market on what will be new yearly highs and all-time highs after posting earnings. A quick summary is $0.13 EPS on revenues of $1.3382B versus $0.09/R$1.2B estimates (prior…
Pre-Market Stock News (August 23, 2007)
(AHR) Anthracite Capital announced a $100 million Convertible Note offering.(ANF) Abercrombie & Fitch $0.88 EPS vs $0.87 est.; shares up 1%.(BKE) Buckle Corp $0.38 EPS vs $0.32 est.(BKS) Barnes & Noble expected to report…
Pre-Market Analyst Calls (August 23, 2007)
AIZ started as Outperform at Wachovia.BPA started as Buy at Oppenheimer.BR cut to Neutral at JPMorgan.CFC raised to Mkt Perform at Wachovia; raised to Mkt Perform at FBR.CN raised to Neutral at UBS.DHX started…
Akamai, LimeLight, And Level 3: Is Internet Video Growth Slowing?
Shares in content delivery networks like Akamai (AKAM) and LimeLight (LLNW) have sold off sharply. So has the stock of internet infrastructure network Level 3 (LVLT). The market believes that fierce price competition has…
Europe Markets 8/23/2007
Markets in Europe were higher at 6.05 AM New York time. The FTSE rose 1.1% to 6,264. Barclays (BCS) rose 1.5% to 642.5. GlaxoSmithKline (GSK) rose 1.4% to 1305. The DAXX rose 1.1% to…
Sony: Can TV Save The PS3?
Sony (SNE) is launching a service in Europe that will allow users of its beleaguered PS3 to download TV shows and move them to the portable SNE PSP portable device. TV-to-go. As The Wall…
Facebooks’s Privacy Invasion
One of the board members at social network Facebook likes to walk around town saying that the company is worth $10 billion. Industry experts believe that the company will make $30 million this year…