The 52-Week Low Club
Journal Register (JRC) Another newspaper company steps further down the ladder. Down to $4.90 from 52-week high of $9.67. McClatchy (MNI) Second newspaper chain. Two for the price of one. Falls to $25.68 from…
All Work
Douglas A. McIntyre
Airgas Raised Guidance Big (ARG)
Airgas, Inc. (ARG-NYSE) just saw shares launch at the end of the day because the company raised guidance. The guidance wasn’t just a bit, it was by 17%: $0.61 to $0.63 EPS now expected…
IPO Filing: Heritage-Crystal Clean, Inc. (HCCI)
A rather small company called Heritage-Crystal Clean, Inc. has filed to come public via an initial public offering. The only two underwriters listed here are William Blair & Co. and Piper Jaffray, and the…
The Slaughter House, Q2 Earnings Bleeders: Sun Microsystems (SUNW)
A recent article in The Wall Street Journal pointed out that more enterprise servers where moving to Linux. One of the loser is Sun (SUNW) and it Solaris software. Other recent trends would seem…
General Electric’s New Multi-Year Stock Highs (GE)
General Electric Co. (GE-NYSE) is actually putting in new multi-year highs today. All of a sudden, mega-caps are back. This is just a couple months after more than a few ‘overly-hyperactive activists’ were wrongly…
Google Maintains 65% of US Search
There are numerous online measurement services out there, and frankly all of the results are different from source to source. But these are all still looked at by all marketers and advertisers regardless of…
Blackstone Expedites IPO Date (BX)
Blackstone Group LP (BX-NYSE) is now expecting to price its IPO on this Thursday evening for a Friday trade date, one week earlier than originally planned. The company has apparently ended the road show…
Expedia (EXPE): Finally, A Buy-Back That Works
Expedia (EXPE) has announced that it will buy in up to $3.5 billion of its shares. That will be about 42% of the company’s shares. The company is a spin-off of Barry Diller’s IAC/Interactive…
Gabelli Challenging the 24/7 Real Media Buyout Price?
THIS IS A DRAFT ONLY……. The waiting period
YouTube Goes Overseas
In an attempt to broaden its audience, Google’s (GOOG) YouTube will open local language sites in Brazil, France, Ireland, Italy, Japan, the Netherlands, Poland, Spain and the United Kingdom. According to The Wall Street…
Best Buy, Best Effort? (BBY, CC, GME)
Best Buy’s (BBY-NYSE) Q1 2008 was a bit of a disappointment, although that is somewhat par for the course as the mood was fairly sour going into the report. The company posted $0.39 EPS…
Pre-Market Stock News (June 19, 2007)
(ALTH) Allos Therapeutics trading down 20% after its Phase III study of Efaproxyn failed to meet primary endpoint of improvement in overall survival.(BAY) Bayer raised guidance on Schering integration.(BMY) Bristol-Myers: FDA Grants Priority Review…
Biotech Implosion: Allos Therapeutics (ALTH)
Allos Therapeutics, Inc. (ALTH-NASDAQ) is indicated down almost 20% in thin pre-market trading after it announced that top line results from ENRICH, the Company’s pivotal Phase III study of EFAPROXYN plus whole brain radiation…
Today’s & Upcoming Stock Splits (June 19, 2007)
Stock Tickers: CPKI, MRO, STR, PVA, AGN, ESRX, GILD, OMC, YUM TODAY (June 19, 2007)(CPKI) California Pizza Kitchen trades ex-split today to reflect a 3-2 stock Split.(MRO) Marathon Oil trades ex-split today to reflect…
Earlybird Analyst Calls (June 19, 2007)
ACLI cut to Hold at Deutsche Bank.ACOR raised to Buy at B of A.AGO cut to Underweight at JPMorgan.ANAD started as Buy at Oppenheimer.ANET cut to Neutral at Baird.ATHR started as Buy at Oppenheimer.AV…
Microsoft’s (MSFT) Dust Up With Linux Is About To Get Worse
According to The Wall Street Journal, open source operating system, Linux, is getting into more and more enterprise servers. Microsoft (MSFT) has been the largest supplier of software in this field for years, and…
Europe Markets 6/19/2007
European markets were moving down at 5.45 AM New York time. The FTSE fell .2% to 6,689. British Air (BAB) was down 1.4% to 430. GlaxoSmithKline (GSK) was down .2% to 1317. Unilever (UN)…
AT&T’s (T) Cable Beef
AT&T (T) has filed a complaint with the FCC claiming the Cablevision (CVC) will not give its access to local sports programming for its new TV service in Connecticut. Cablevision’s response is simply that…
Buying Alcoa (AA)
Add to all the news about Alcoa (AA) buying rival aluminum company Alcan (AL) the rumor that Australian metals giant BHP Billiton (BHP) may buy Alcoa. BHP could probably afford the deal, It has…
Media Digest 6/19/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Delta (DAL) will buy as many as 125 Boeing (BA) 787 aricraft with a total value of $20 billion. Reuters writes that Boeing’s (BA) CEO said that he expects competition from…