Yahoo! (YHOO): No Rally Caps
Yahoo! (YHOO) rallied like mad going into the close, rising as much as 4% starting around 2.30. It almost looked suspicious. The rally was a mistake. Earnings were inline with expectations, and the stock…
All Work
Douglas A. McIntyre
Intel Margins Playing Against Earnings (INTC, SMH)
Intel Corp. (NASDAQ:INTC) posted EPS at $0.22 on $8.7 Billion in revenues, but there is a $0.03 tax item that increased earnings and there was $82 million in restructuring charges. First Call put expectations…
Cramer’s Chemical/Tech Pairs Trade
On today’s STOP TRADING segment on CNBC, Jim Cramer made a call for a pairs trade on chemical and tech stocks: Cramer said that traders can ring the register in chemical stocks and they…
Yahoo! Earnings: More About Jerry Yang Than Earnings (YHOO, GOOG, MSFT)
Yahoo! (NASDAQ:YHOO) reports after today’s close and this is probably going to be a different sort of earnings report than just evaluating the actual numbers. Estimates are $0.11 EPS and $1.24 Billion, but don’t…
Fox (NWS) Closes Gap With YouTube (GOOG) In Online Video
New numbers from comScore show that Fox Interactive, the only portion of News Corp (NWS) had almost 53 million unique video streamers at its websites in May. Most of these are probably MySpace visitors.…
Harris Poll: Brands Ain’t Stock Prices (SNE)(TM)(KO)
Another study has come out showing the lack of a connection between brand reputation and share price activity. Harris Interactive "best brands" survey was based on a poll of 2,372 adults from June 5…
Intel: Earnings Taking Stock to $27.50 or $25.00? (INTC, NVLS, AMD, SMH)
After today’s close we’ll get to see earnings out of processor giant Intel Corp. (NASDAQ:INTC). Wall Street estimates out of First Call put expectations at $0.19 EPS and $8.54 Billion. Intel shares are up…
Earnings Preview: Schlumberger (SLB, BHI, HAL) (July 2007)
Schlumberger Ltd (NYSE:SLB) is the largest oil field services company in the world and it gives every appearance of keeping its leadership in the field. The stock price has jumped more than 18% since…
Banks Eat Private Equity Debt (JPM)(GS)
Bloomberg is reporting that JP Morgan (JPM), Goldman Sachs (GS) and several other large investment banks have had to keep $11 billion in private equity debt. "The banks have had to dig into their…
Sprint (S): What Happended To The Cellphone?
Perhaps consumers don’t get confused by all of the things that new handsets will do. But, the price of the features may bother them. Take pictures, Download music, Record video. Get on internet. Text.…
Metabasis Therapeutics (MBRX): Another Biopharma Microcap Implodes
Metabasis Therapeutics (MBRX) is off 56% to $3 after its diabetes drug candidate CS-917 failed to significantly lower blood sugar in a mid-stage trial. The company has traded as high as $8.64 in the…
Dell Target Hike (DELL, MSFT, INTC, AMD)
This morning, Credit Suisse is giving a little boost to shares of Dell, Inc. (NASDAQ:DELL). The broker has reiterated its "Outperform" rating on the stock, but has hiked its price target from $32.00 to…
It’s Hard Not To Be Proud of Coca-Cola (KO, PEP)
Coca-Cola Co. (NYSE:KO) has reported $0.85 EPS vs. $0.82 estimate from First Call. The net EPS was $0.80 after a $0.05 in one-time charges. Revenues were the real gainer with $7.73 billion, compared to…
Pre-Market Stock News (July 17, 2007)
(ADTN) Adtran $0.28 EPS versus $0.28 estimate.(AIZ) Assurant CEO and CFO received SEC WELLS NOTICE.(ASD) American Standard noted as a positive ahead of split-up by Cramer on MAD MONEY.(CVO) Cenveo is acquiring Commercial Envelope.(DJ)…
Johnson & Johnson (JNJ) Revenue Up On Pfizer Unit Purchase
Johnson & Johnson’s (JNJ) revenue rose 13% to $15.1 billion in Q2. However, if revenue from the purchase of Pfizer’s consumer healthcare business was accounted for, the topline would have been up only 3.6%.…
Investment Banking Leads Merrill (MER) Higher
Benefitting from the investment banking boom, Merrill Lynch (MER) posted better than expected earnings for Q2. Revenue rose 19% to $9.7 billion. Net earnings rose 31% to $2.1 billion. Revenue at the company’s fixed…
Pre-Market Analyst Calls (July 17, 2007)
AMR raised to Neutral at UBS.BEAS raised to Outperform at Credit Suisse.BHP cut to Hold at Deutsche Bank.BTU cut to Neutral at HSBC.COGN raised to Strong Buy at JMP Securities.CPA raised to Overweight at…
If Dow Jones (DJ) Walks Away: A Lawsuit, $30 Share Price, And Rebuilding
A special committee of Dow Jones (DJ) board has come to terms with Rupert Murdoch. The entire DJ board is likely to approve that as early as today. Then, it goes to the founding…
Google’s (GOOG) New Pay-For-Search Could Open Door For Yahoo! (YHOO)
Google (GOOG) want to start to charge small websites for having its search function available to go through their content and bring back results from content on their sites. According to The Associated Press:…
Europe Markets 7/17/2007
Markets in Europe fell sharply at 6.25 AM New York time. The FTSE was down .9% to 6,637. BHP BIlliton (BHP) was down 2.2% to 1476. Vodafone (VOD) was down .4% to 161.6. The…