Nintendo’s US Sales Smack Microsoft (MSFT) And Sony (SNE)
New data out from NPD, show Nintendo putting the wood to Sony (SNE) and Microsoft (MSFT) in game console sales during June. PC World provided a table of June sales compared to May: 562,000…
New data out from NPD, show Nintendo putting the wood to Sony (SNE) and Microsoft (MSFT) in game console sales during June. PC World provided a table of June sales compared to May: 562,000…
Apple (NASDAQ:AAPL) is set to report earnings today after the close, with First Call having a target of $0.72 EPS on almost $5.3 Billion in revenues. Estimates for next quarter (its year end) are…
Small biotechs, perhaps the most dangerous shares in the market GPC Biotech (GPCB) is down 33% today to $13.63. It is down by more than half from $37.79, its 52-week high. The company announced…
Shares of Hoku Scientific (NASDAQ:HOKU) are gapping down over 10% this morning. The company posted results after yesterday’s close, although as we noted this one wasn’t really about the earnings. Revenues came in at…
Reveue fell again at The New York Times Company (NYT). Overall revenue fell almost 4% to $789 million. Operating profit excluding depreciation and amortization and special items declined 2.7 percent to $118.5 million from…
(AMZN) Amazon.com trading up over 20% after beating earnings and raising guidance; has 5 upgrades so far.(ASH) Ashland $1.35 EPS vs $1.11 estimate.(BA) Boeing $1.35 EPS vs $1.16 estimate; guidance looks soft if not…
Sirius (SIRI) is trading up in the pre-market on news that its radios will be installed in more than 70% of its vehicle production for the 2008 model year. As subscriber growth at the…
AGP raised to Outperform at CIBC.ALSK raised to Equal Weight at Lehman.AMZN upgraded at Credit Suisse, J.P.Morgan, RBC, Lehman, and Bear Stearns.BER raised to Buy at Citigroup.BIOF started as Overweight at J.P.Morgan; started as…
The diet company NutriSystem Inc. (NASDAQ:NTRI) posted $0.96 EPS on revenues of $214 million last night. Both were up substantially above last year and even above consensus First Call estimates of $0.85 and $194…
Boeing (BA) posted strong earnings and improved guidance, both above Wall St. estimates. The stock rallied in pre-market trading. Second-quarter revenues grew 14 percent to $17.0 billion and earnings from operations rose to $1.5…
Sales of GlaxoSmithKline’s (GSK) Avandia products for diabetes dropped 22% because of health concerns about the drug. And the company’s overall reveue missed analyst forecasts. But, the company announced that it would buy-back almost…
This AM, Amazon (AMZN) was upgraded by four firms. Credit Suisse took that shares from "neutral" to "outperform". JP Morgan took them from "underperform" to "neutral". RBC took them from "sector perform" to "outperform".…
DaimlerChrysler (DCX) shares are down another 2% in European trading to 64.4 euros. Just over a week ago they were closer to 70. It appears that banks involved in the deal for hedge fund…
Markets in Europe were mixed at 6.20 AM New York time. The FTSE was up a fraction to 6,501. Barclays (BCS) was down 1.3% to 729. BT (BT) was up 1.3% to 326.75. The…
Short interest in Level 3 (LVLT) rose 13.4 million shares to 133.4 million in July giving it the largest short position of any stock traded on Nasdaq. Over the last six months, the stock…
Over that last six months, shares in Sun Microsystems (SUNW) are down about 17%. From early 2006 until this April, the stock was running hot and was up over 70% at one point. But,…
It is not enough that the Big Three have to contend with Toyota (TM) gaining market share in the US every month. Honda’s (HMC) earnings and guidance suggested that the company will become a…
Nintendo’s profit increase 4x in the quarter ending in June to $669 million. The company increased guidance for the year and the company raised its profit forecast by 40%. Sales of the company’s Wii…
Below is the short interest for key Nasdaq stocks for July, The figures compare July 13 with June 15. 2007. Company Short Position Level…
According to Reuters, Amazon’s (AMZN) sales and earnings rose and the stock was up almost 20% after hours. Reuters writes that the CEO of XM Satellite (XMSR) will step down next month. Reuters writes…