Pre-Market Analyst Calls (August 13, 2007)
AMB cut to Sell at Citigroup.ARW raised to Buy at Citigroup.ARUN started as Neutral at JPMorgan.AVT raised to Buy at Citigroup.BEAS raised to Buy at B of A.BMC raised to Buy at B of…
All Work
Douglas A. McIntyre
Europe Markets 8/13/2007
Markets in Europe were up at 6.30 AM The FTSE rose 1.8% to 6,147. GSK (GSK) was down 1% to 1263. Vodafone was up 3.1% to 156.3.2% The DAXX rose rose .8% to 7,402.…
Microsoft (MSFT) Hopes New Game Can Salvage Xbox
One very popular video game is only available on the Microsoft (MSFT) Xbox. Halo, a violent space game, has sold 15 million units of its first two versions, according to The New York Times.…
Media Digest 8/13/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Asian central banks put $5.1 billion into the credit markets on Monday to calm fears. Reuters writes that Motorola (MOT) won $394 million worth of contracts to supply telecom gear to…
Asia Markets 8/13/2007
Markets in Asia were modestly higher. The Nikkei rose .2% to 16,800. NEC (NIPNY) was down 1.4% to 550. NTT (NTT) was up 1.4% to 503000. The Hang Seng was up .3% to 21,867.…
Apple’s (AAPL) Odd Share Price Drop
A list of the most actively traded stocks last week turns up two companies with shares in fairly sharp declines. Not Bear Stears (BSC) or Goldman Sachs (GS), but Apple (AAPL) and Qualcomm (QCOM).…
Detroit’s Quality Improvement Myth (TM)(GM)(F)(HMC)
The press gave extensive coverage to the fact that GM’s (GM) Buick division tied Toyota’s (TM) Lexus group in the latest JD Power 2007 Vehicle Dependability Survey. The next spot on the list went…
Apple (AAPL) Gets Into Social Networking
Apple (AAPL) has created several "widgets" which will make it easy for iTunes users to show what they have bought, what they listen to, and what they think of their music. TechCrunch writes that…
Where Did All Goldman Sach’s (GS) Money Go?
Bloomberg is reporting that $8 billion Global Alpha hedge fund is down 26% this year and 40% since July 31. The fall is going to cost Goldman Sachs (GS) a lot of money. The…
Politician And Pundits Look To $100 Oil
The prevailing wisdom is that oil prices will move down. They have already dropped from over $78 to $72, and most observers think that is only the beginning. Troubled financial markets and the potential…
Massive 52-Week Lows (Aug. 11, 2007)
ALU AMGN ANN BBW BECN CC CKEC DNA FINL HAUP HILL HLYS INSP MAQ NAPS NTES NWY OPWV PMI RVI TRAC TI TMA TRB VECO WYE 52-week lows are always an interesting lot. We…
Verizon (VZ) FiOS And The Corning’s (GLW) Miracle Fiber
GigaOm pointed out yesterday that Verizon (VZ) now has about 1.1 million FiOS fiber-to-the-home customers being delivered voice, broadband and TV. The telecom is adding 2,600 customers a day. For those in the media…
The Future Of Linux Still Dark (NOVL)(IBM))(MSFT)(RHT)
A federal judge ruled yesterday that Novell (NOVL) is the owner of the critical copyrights for the Unix operating system. Another company SCO Group (SCOX) had claimed these rights. As The New York Times…
This Week on StockHouse August 6 to 10
In his From the Horse’s Mouth (http://www.stockhouse.ca/blogs.asp?page=viewblog&blogid=245) blog, 3cpxbro reports about company meetings and investment conferences. The Victoria Resource Corp (TSX: V.VIT) General Meeting (http://www.stockhouse.ca/shfn/article.asp?edtID=20060) was covered in great detail. Reporter Robert Arber noted…
Qualcomm (QCOM): Double Trouble, Time For CEO To Go
It was hard to imagine that things could get worse for Qualcomm (QCOM) but they have. The company announced strong earnings this month and guided higher, but all of the other news around the…
Top 5 Earnings For This Coming Week (BX, AMAT, WMT, DE, HPQ)
This coming week is going to be dominated by 5 top earnings. We have included the name and a link through to a full earnings preview we did for each on Friday, although we…
Citigroup (C) Has $500 Million Credit Loss
Chuck Prince is likely to be on the hot seat again, but, his troubles may be worse than in the past. According to The FT the bank "lost more than $500m in credit business…
Earnings Preview: Deere & Co. (DE)
On Wednesday August 15, we’ll get earnings from Deere & Co. (NYSE:DE). First Call estimates are $1.99 EPS and $6.65 Billion revenues. Next quarter will mark the end of its fiscal year and estimates…
Paint-By-Numbers: Why Newspapers Are Screwed (NYT)
From Silicon Valley Insider It’s easy to say that the New York Times (NYT) and other newspaper companies are screwed, but sometimes it helps to actually run the numbers. Do you know why they’re…
Earnings Preview: Blackstone Group (BX)
The Blackstone Group, LP (NYSE:BX) will post earnings for its units on Monday morning, August 13. First Call looks like the estimates were $0.46 EPS, but investors should be cautious on any set number…