Less Expensive Apple (AAPL) iPhone?
Unwired View is reporting that Apple (AAPL) has applied for patents that might allow the company to sell a cheaper version of the iPhone that can only be used to handle calls and play…
All Work
Douglas A. McIntyre
IPO Filing: Gulfstream International Group
This morning there was a bit of excitement, followed by a let-down, when looking through SEC Filings. Gulfstream International Group, Inc. has filed to come public via an IPO and will trade under the…
Is Murdoch’s Deal With Dow Jones (DJ) Done?
The Business in the UK is reporting that News Corp’s (NWS) deal to buy Dow Jones (DJ) is now complete. We’ll see. One would think the news would have been passed to the editors…
AMD (AMD) Dumps Money Into Transmeta (TMTA)
In a move that is difficult to fathom, AMD (AMD) has put $7.5 million into preferred stock at Transmeta (TMTA). The stock is up 50% on the news to over $1. But, in early…
Goldman Sachs Lowers Microsoft Estimates on Xbox Issues (MSFT)
In a new research note this morning, Goldman Sachs has reacted to the negative news on the recall and warranty charges on Microsoft’s (MSFT-NASDAQ) Xbox 360. This is after the company announced it would…
Pre-Market Analyst Calls (July 6, 2007)
BP raised to Buy at Deutsche Bank.BRG raised target at Deutsche Bank.CACH started as Neutral at JP Morgan.DCEL cut to Hold at Jefferies.HLT downgraded at Jefferies, Citigroup, and at Susquehanna.MSFT cut estimates at D.A.…
Nestle Raises A Warning Flag
The head of Nestle told the FT that long-term food prices were going up, perhaps sharply. He indicated that demand in China and India were one component this trend, and the need for corn…
Europe Markets 7/6/2007
Markets in Europe were up at 6.30 AM New York time. The FTSE rose .6% to 6,674. Barclays (BCS) rose 1.2% to 718.5. The DAXX was up .3% to 8,011. SAP (SAP) was up…
Will Hackers Hurt Apple’s (AAPL) iPhone Deals Overseas
The Wall Street Journal reports that hackers have made their way into the Apple (AAPL) iPhone and done some work to get certain features to work without an AT&T (T) activation. The most important…
Rio Tinto (RTP) Chases Alcan (AL)
Rio Tinto (RTP) has hired Credit Suisse and Deutsche Bank to help it make a run at Alcan (AL). Alcan’s aluminum rival Alcoa (AA) has been trying to set up a merger for months,…
After Long Underperformance, Google (GOOG) Passes Yahoo! (YHOO)
Through most of this year, Yahoo! (YHOO) shares have outperformed Google’s (GOOG). At two points over the period, Google was flat for the year and Yahoo! was up over 30%. One of those run-ups…
Microsoft (MSFT) XBox Charge: More Than One Quarter’s Revenue
The market’s reaction to the $1.1 billion of warranty charges that Microsoft (MSFT) is taking for defective Xbox hardware may have missed the point. The charge covers about 13 billion Xboxs. But, what does…
Media Digest 7/6/2006 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Advanced Medical Optic (EYE) has made a $4.23 billion bid forBausch & Lomb (BOL). Reuters writes that UBS has replaced its CEO after loses at it hedge fund. The Wall Street…
Asia Markets 7/6/2007
Markets in Asia were mixed. The Nikkei fell .4% to 18,141. Canon (CAJ) fell 1.1% to 7200. Hitachi (HIT) fell 1.5% to 875. Sony (SNE) rose 1.2% to 6540. ‘ The Hang Seng rose…
Top 10 Equity Events Next Week (July 9-13, 2007)
Stock Tickers: GE, AA, INFY, YUM, DNA, MAR, BOT, CME Next week is the official launch of earnings season, although as you will tell even though the stocks are important there are not even…
Is $75.00 For Bausch & Lomb the FINAL Offer?
Bausch & Lomb (BOL-NYSE) has received a higher buyout price from Advanced Medical Optics (EYE-NYSE) (or ‘AMO’ hereafter) in a cash and stock merger where Bausch & Lomb’s shareholders would receive $45.00 in cash…
Cramer’s New List of CEO’s That Need To Go (AMD, MOT, ALU)
Tonight on CNBC’s MAD MONEY, Cramer said he has a new set of members for the "Wall of Shame." Cramer said four of his picks have gotten the boot. 3 NEW ADDITIONS:Hector Ruiz of…
Cramer: Don’t let The Bears Shake You Out (July 5, 2007)
On tonight’s MAD MONEY on CNBC, Jim Cramer hosted his first live episode in more than 1 week. Tonight, Cramer said some of the scare and fright he heard while he was out was…
ETF Winners & Losers (July 5, 2007)
DJIA 13,565.84; -11.46 (0.08%)S&P500 1,525.40; +0.53 (0.03%)NASDAQ 2,656.65; +11.70 (0.44%)10YR-Bond …
Microsoft (MSFT) Falls On XBox Sword
Someone at Microsoft (MSFT) probably lost his job today. Or, perhaps it was a few people. The company will take a charge of about $1.1 billion for additional warranty costs on its popular video…