Dell (DELL): No Turnaround For Now
Michael Dell told a group at a company product launch that Dell (DELL) still has a long way to go before its solves its sales and market share problems. The stock had gotten ahead…
All Work
Douglas A. McIntyre
Earnings Preview: Infosys Technologies (INFY) (July 2007)
Expectations for Infosys Technologies Ltd. (NASDAQ:INFY): $0.40 EPS and $909 Million Revenues; next quarter $0.44 EPS and $982 Million Revenues. If you outsource IT or if you utilize overseas programmers in a very large…
Yahoo! (YHOO) Picks Up Ground In Games And Photos
Yahoo! (YHOO) is showing some real strength in a couple of critical vertical markets where the portal and most of its competitors have a presence. In the online photo storage and sharing segment, Yahoo!…
Another 52-Week Low: Circuit City (CC); Any Value Yet?
How fast the world can change in retail, particularly when you are a troubled technology retailer. Circuit City (NYSE:CC) is hitting yet another 52-week low this morning. The company stock is down with the…
Apple (AAPL) Will Not Introduce A Cheaper iPhone: A New Rumor
The market of Apple (AAPL) watchers grows larger by the day and looks for the smallest hint of new news from the inventor of the Mac and the iPod. The most recent frenzy is…
First Solar: Dueling Analyst Calls (FSLR)
This morning shares of First Solar, Inc. (NASDAQ:FSLR) are trading lower after dueling analyst calls. AmTech/JSA Research has removed its sell rating and raised the stock to a ‘Neutral.’ It had a sell rating…
Depomed (DEPO): Another Small Cap BioTech Implodes
Depomed (DEPO) is down over 60% today to $1.85, a new 52-week low. The stock has been as high as $5.83 during the period. It is yet another small cap biotech that was a…
The Internet Helps Wal-Mart (WMT)
Wal-Mart (WMT) started a clever program in 3,300 of its stores recently. Customers could order merchandise online and pick the items up at their closest store. Saves on shipping. The largest retail chain says…
EMC & VMWare: SEC Filings & Developments Confirming Hot IPO Status (EMC, VMW, INTC)
EMC (EMC) is getting closer and closer getting the VMWare (VMW) spin-off and IPO out the door to Wall Street. Some interesting developments have happened: Intel (INTC) has taken a $218.5 million stake in…
Pre-Market Stock News (July 10, 2007)
(AA) Alcoa $0.81 EPS vs $0.81e; will likely have to sweeten Alcan bid before getting any approval from Alcan.(BOT) CBOT holders approve the CME merger offer.(CACS) Carrier Access lowered guidance.(CAKE) Cheesecake Factory put revenues…
Pre-Market Analyst Calls (July 10, 2007)
ACAD started as Outperform at FBR.ALC started as Outperform at RBC.ARUN started as Buy at Jefferies.ATVI started as Buy at First Albany.AZ raised to Buy at UBS.CHA cut to Hold at Deutsche Bank.DRIV raised…
Microsoft (MSFT) And Oracle (ORCL): Software No One Wants
Oracle (ORCL) has launched its new "database management system" software’s latest version. But, a number of customers have indicated that they will not upgrade, maybe for a couple of years. The software has a…
Big Jumps In Amazon (AMZN) And Level 3 (LVLT) Signal Tech Hopes
Amazon (AMZN) rose 4% yesterday on no news. So did Level 3 (LVLT). Odd that both happened on the opening day of earnings season. Other tech firms like Google (GOOG) are also moving up…
Gemstar (GMST) In Pieces: Dump TV Guide
Gemstar-TV Guide (GMST) says that is may put itself up for sale. As would be expected, shares jumped 17% after hours to $6.27. That would put it well above its 52-week high and up…
Charter’s (CHTR) Big Year
Bulls on Charter Communications (CHTR) would argue that the company was almost out of business less than two years ago and that the shares deserve to have had a run. The other side of…
Growing Alarm About Oil Prices: The $100 Barrel
The International Energy Agency report on oil supply and demand over the next few years showed up in the FT a couple of days ago. Even though it was played big at the paper,…
Home Depot (HD): It Will Get Even Worse
Home Depot (HD) cut almost all of its numbers for the fiscal year. That would include earnings, same-store sales and revenue. The biggest surprise is not the revision, it is that it took so…
Media Digest 7/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa (AA). Reuters…
Asia Markets 7/10/2007
Markets in Asia were mixed. The Nikkei fell .1% to 18,253. Kubota rose 4% to 1070. Docomo (DCM) fell 1.7% to 189000. Sony (SNE) fell 1.1% to 645. The Hang Seng rose .1% to…
The 52-Week Low Club
Lexmark (LXK) Printer company lowers guidance. Hits $43.50, down from $74.68. Quaker Fabric (QFAB) Getting near a liquidation. Down to $.09 against 52-week high of $1.66. Childrens Place (PLCE) Same store sales off 4%.…