Wall St. Research Starts To Turn On Apple (AAPL)
Apple’s (AAPL) shares are up about 225% over the last two years. By way of contrast, Google’s (GOOG) shares are up about 75%. That puts Apple’s market cap at $108 billion, five times sales.…
All Work
Douglas A. McIntyre
SIRIUS: 70+ Day Highs Since Turning Up Fight For Merger Approval (SIRI, XMSR)
This has been an interesting time for SIRIUS Satellite Radio (SIRI-NASDAQ) and XM Satellite Radio (XMSR-NASDAQ). Over the last 10 days Sirius closed on its special financing, but the companies have also been submitting…
Safeguard Scientifics CEO Interview: “Small Cap Value Stock” (SFE, CLRT, CMGI, ICGE)
Stock Tickers: SFE, CLRT, CMGI, ICGE Late last week, 24/7 Wall St. got the chance to interview Peter J. Boni, President & CEO of Safeguard Scientifics, Inc. (SFE-NYSE). Mr. Boni has been President &…
Pre-Market Stock News (June 25, 2007)
(AAPL) Apple’s iTunes passed Amazon.com in music sales to become #3 music seller behind Best Buy and Wal-Mart.(AFOP) Alliance Fiber Optics raised Q2 sales guidance.(AGN) Allergan trades ex-split to reflect a 2-1 stock split…
Hedge Fund Operator GLG Partners Comes Public Via Acquisition (FRH, GLG)
GLG Partners, an alternative asset manager with gross assets under management of over $20 Billion has announced that it plans to access the public markets through a reverse acquisition transaction with Freedom Acquisition Holdings,…
Earlybird Analyst Calls (June 25, 2007)
Stock Tickers: ABI, BBSI, BMY, CAP, CLUB, CVX, FCBP, GM, IPG, OMC, MIG, PER, PIR, SKH, SMSI, TRLG ABI raised to Outperform at Baird.BBSI raised to Strong Buy at JMP Securities.BMY raised to Outperform…
June 2007 Short Interest By Sector
The NYSE short interest for June 2007 is out and we compiled a gatewayfor a breakdown of many of the key sectors. This list isn’t a full sector breakdown,but the main sectors are included.…
Yahoo! (YHOO) At $20
Last October, Yahoo! (YHOO) fell to $23 on concerns that Q4 advertising would be weak. It was. The last time Yahoo! traded below $20 was late 2003, but at the end of last year,…
Europe Markets 6/25/2007
Markets in Europe were off at 5.30 AM New York time. The FTSE fell .3% to 6,547. BP (BP) was up .4% to 586. BT (BT) was off .6% to 315. The DAXX was…
Nintendo’s Market Cap Passes Sony’s (SNE)
Nintendo is now one of the ten largest Japanese companies based on market capitalization. Sony (SNE) is not. Nintendo joins a list that includes Toyota (TM), Honda (HMC), and Canon (CAJ). Nintendo’s Wii and…
Google (GOOG) Gets Into The Phone Business
According to TechCrunch, Google (GOOG) is buying GrandCentral, a company that allows a user to have “one phone number for all your phones, for life.”. The price tag may be as high as $50…
Media Digest 6/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Yahoo! (YHOO) made changes in it advertising sales management, pushing out its head of US sales. Reuters writes that the CEO of DaimlerChryler (DCX) see a good future for the company…
Asia Markets 6/25/2007 Shanghai Down Sharply
Markets in Asia were mixed. The Nikkei fell .6% to 18,087. Hitachi (HIT) was down 1.1% to 890. Mitsubishi was down 2.3% to 3350. Sony (SNE) was down 1.4% to 6460. The Hang Seng…
Yahoo! (YHOO): Be Careful What You Say
Terry Semel, Yahoo!’s (YHOO) seemed to get himself in trouble from time to time by saying how great the company’s new Panama system was and how it would help lift the online company’s revenue.…
Mixed Short Interest in Drug & Medical Stocks (June 2007)
As you will see, the short interest changes in medical and drug stocks of the active NYSE-listed names was a bit of a mixed bag. GlaxoSmithkline (GSK) saw the lagest increase, but its short…
This Week on StockHouse June 18 to 22
What are the qualities that make an investment in a recent IPO (http://www.stockhouse.ca/shfn/editorial.asp?edtID=19874 ) a good idea? The staff at Financially Fit has some advice to help investors choose when to add newly public…
Broadband Growth Rates Bad For AT&T (T) And Verizon (VZ)?
Point Topic, a UK research firm, tracks global broadband growth by country. For the quarter ending in March, the world had almost 300 million broadband subscribers. One of the salient points of their survey…
Apple (AAPL) Becomes Third Largest Music Retailer
Apple’s (AAPL) position as a seller of music improves as each day passes. According to The Associate press, the online music store has passed Target (TGT) and Amazon (AMZN) both of which sell CDs,…
More Battles To Buy Securities Exchanges
The Nasdaq (NDAQ) may try to block the London Stock Exchange’s bid to buy Italian stock exchange Borsa Italiana according to the London Observer. It also may wait to see if NYSE Euronext (NYX)…
Will Pearson (PSO) Sell The Financial Times?
According to the Observer of London, many Pearson (PSO) shareholders want the company to sell the Financial Times. They believe that the paper is worth well over $1 billion, perhaps based on the price…