Trying to Find a Bottom: Melco PBL Ent. (MPEL)
If there was a stock with a hot story and lousy performance, it is Melco PBL Entertainment Ltd (MPEL-NASDAQ). As the only pure-play into casino operations in Macau, and after Las Vegas Sands (LVS-NYSE)…
All Work
Douglas A. McIntyre
The 52-Week Low Club
Beazer Homes (BZH) No surprise here. Down to $22.50 from 52-week high of $48.60. KB Home (KBH) Down to $37.44 from 52-week high of $56.08. Journal Register (JRC) Another victim of newspaper woes. Drops…
NASDAQ & AMEX ETF’s: Who Will Win The ETF Wars?
This week there has been more talk of the ongoing attempts of NASDAQ (NDAQ-NASDAQ) trying to win more of the ETF markets by making new listings cheaper. On Monday, the exchange announced it was…
Facebook Takes Off
Facebook’s May numbers show that the social network site has grown 89% in one year in terms of unique visitors. Page views have more than doubled during that period, according to comScore. The rapid…
Cramer’s Back; Sticking with Apple, R-I-M, And More
Today on TheStreet.com video (link here), Jim Cramer was interviewed after being out on vacation and he is sticking with Apple (AAPL-NASDAQ) and Research-in-Motion (RIMM-NASDAQ). This is a bit different than the prior Apple…
Will Sirius (SIRI) Miss?
Research outfit Janco believes that Sirius (SIRI) will come in slightly below Wall St’s target of adding 466,000 new subscribers for the quarter. If so, the company’s stock, already under extreme pressure, could go…
China Mobile (CHL): I’ll Have A Beer With That Cellphone
In a move that could change the way that cellular provides market handsets in countries all over the globe, China Unicom (CHU) is giving away 12 bottles of beer to new subscribers. Its larger…
Dendreon Options Trading: Hope or Hearsay?
Dendreon (DNDN-NASDAQ) is trading up almost another 2% pre-market after Tuesday options activity had shares up $0.47 to close at $7.70 per share. The shares actually hit as high as $8.30 on Tuesday, which…
Pre-Market Stock News (July 5, 2007)
(APOL) Apollo Group received notice from the SEC that its investigation has been completed and they do not intend to recommend any enforcement action.(BOT) CBOT is sticking with recommendation of a CME merger over…
Ford (F) To Get Bag Of Coal For Jaguar And Range Rover
Late word from the Londay Daily Telegraph is that Ford (F) is seeking about $6 billion for its Jaguar and Range Rover units. But, buyers who have looked at the financial statements for the…
Radio Shack (RSH): An Unlikely Victim Of The Apple (AAPL) iPhone
The research firm Soleil says that its spies have seen a drop-off in wireless product sales and contract renewals at Radio Shack (RSH) stores, probably due to the availability of the Apple (AAPL) iPhone.…
Earlybird Analyst Calls (JULY 5, 2007)
ARRS cut to Neutral at UBS.CSUN started as Hold at Jefferies.GBX cut to Peer Perform at Bear Stearns.GLRE started as Equal Weight at Lehman.GM cut to Peer Perform at Bear Stearns.HLCS started as Neutral…
Problems In China May Be Worse Than They Appear
The Shanghai Composite is down over 15% in the last five weeks. And, The Wall Street Journal writes that: "Nearly one-fifth of the sold-in-China products that were studied failed to meet the country’s quality…
Will Dell (DELL) Go Retail In Asia?
The head of Dell’s (DELL) Asian operation told the AP the sales of PCs and servers in the region "excluding China, Japan and South Korea to grow almost 20 percent in 2007 compared with…
Europe Markets 7/5/2007
Markets in Europe were mostly off at 6.15 AM New York time. The FTSE was flat at 6,674. Vodafone (VOD) was down .8% to 164.8. The DAXX fell .4% to 8,047. Deutsche Telekom (DT)…
Shanghai’s Big Fall
Overnight, the Shanghai Composite dropped over 5%, but that is not the real story. Since June 19, when the index hit an intra-day high of 4,280, it had dropped to 3,616. That is a…
AT&T’s (T) Next Edge
GigaOm is suggesting that AT&T (T) offer free WiFi access at 10,000 locations all of its home 3 megabit DSL customers. The technology news site suggests that, to get an edge of cable broadband…
Did The Apple (AAPL) iPhone Sell Too Many Or Not Enough
Most media and analysts said that Apple (AAPL) sold over 500,000 iPhones and that the figure showed high than expected demand. TheStreet.com writes that Apple’s own goal was one million units and that the…
T-Mobile Tries To Flank Apple’s (AAPL) iPhone
The New York Times writes that T-Mobile, a unit of Deutsch Telekom (DT) which ranks fourth in subscriber in the US cell market, is launching a line of phones that work on its cell…
Boston Scientific (BSX) Wants To Come Back
The Wall Street Journal writes that Moody’s may soon downgrade Boston Scientific’s (BSX) bonds to junk status. As the Journal points out, the company said that its cash flow after the merger with Guidant…