GE (GE): The Bear Case
Barron’s writes that GE’s (GE) stock, which has been trading in the mid-$30s could go to $50. The magazine’s article is fairly convincing. The company has sold off dogs like plastics and insurance. More…
All Work
Douglas A. McIntyre
The Thugs At GlaxoSmithKline (GSK)
After bad-mouthing research attacking its diabetes drug Avandia, word now comes from The New York Times that GlaxoSmithKline (GSK) attempted to intimidate a well-known diabetes researcher, Dr. John Buse. The doctor had raised concerns…
Harry Potter, The Stock Investor (SCHL)
Scholastic Corp. (SCHL-NASDAQ) made an announcement after Friday’s close that the company was starting a $200 million accelerated share buyback plan via Deutsche Bank. The company expects to repurchase an estimated 14% of its…
Cramer Thinks Navteq Could Get a Bid
Last night on CNBC’s Mad Money, Jim Cramer had an interesting thought regarding merger rumors and speculation. it was his ‘Speculation Friday" after all. He surmized that Navteq Corp. (NVT-NYSE) is potentially in-play. Because…
Google (GOOG) Boosts Ad Operation By Buying FeedBurner
Google (GOOG) has bought RSS feed giant FeedBurner. The company serves 400,000 publishers by feeding their content to desktops and wireless devices. Feedburner works extensively with blog sites. Google may be able to add…
Avaya (AV): About To Be Sold
It appears that Avaya (AV), the enterprise telecom equipment maker, is about to be sold to Nortel (NT) or private equity firm Silver Lake. The stock trades at about $16 and it looks like …
Labopharm (DDSS): The 52-Week Low Club
Labopharm (DDSS) Drug being delayed by FDA review. Stock down by more than half to 52-week low of $2.83 from 52-week high of $9.07. Point Therapeutics (POTP) After putting drug trial on hold, cuts…
Einstein Noah Coming Back As a Stock Next Week?
Stock Tickers: NWRG, BAGL, PNRA New World Restaurant Group, Inc. (NWRG-PINKSHEET) is back to the old Einstein Noah Restaurant Group, Inc. name and will trade under the ticker "BAGL" on NASDAQ after this awaited…
Cramer’s Making Tech Picks (EMC, DELL, NOK, SHLD)
On today’s STOP TRADING segment on CNBC, Jim Cramer focused on Dell inc. (DELL) again. He is very positive on the company and he thinks Michael Dell is the real deal. Last night he…
Toyota (TM) and GM (GM): May Car Sales And The Price Of Incentives
The headlines were about unit sales. The critical issue was incentives. GM’s (GM) May vehicles sales in the US rose almost 10% to over 371,000. The company showed increases in cars and light truck.…
CKX, Inc.: Taking American Idol, Elvis, Ali Mostly Private (CKXE)
It is very frequent that ‘going private’ transactions are bad for shareholders, or at least not rewarding enough. That does not appear to be the case today in CKX, Inc. (CKXE-NASDAQ) as Robert Sillerman…
Wal-Mart Proves ‘Less Bad’ Is Really Good (WMT)
Wal-Mart (WMT-NYSE) finally remembered that they are a public company today because they have held their annual shareholder meeting. This proves that the company is truly owned by the investors for at least one-day…
Dendreon Kicked By Banc of America
Banc of America has noted that yesterday’s ‘positive data’ is actually not new and that the interim data will not be available until the second half of 2008. Mitchell Gold, MD/PhD/CEO of Dendreon, detailed…
Labopharm (DDSS) What Goes Up, Must Come Down
Labopharm (DDSS) supplies yet another demonstration of investing in small biotechs. Information given to the FDA on painkiller tramadol was viewed as insufficient. As The Associated Press said: "The FDA stated that the company…
Sirius and XM, Lowering Expectations of a Deal (SIRI, XMSR)
Stifel Nicolaus has issued a broker research note calling the expectations for a successful and approved merger between Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) as now being less than 50%. This…
Pre-Market Stock News (June 1, 2007)
(AAPL) Apple noted as a “sell some of the position by Cramer on his Sell Block” on CNBC’s Mad Money last night.(BKC) Burger King announced a 4100M share buyback plan.(BOT) CBOT reported that May…
Pre-Market Analyst Calls (June 1, 2007)
ALV cut to Neutral at Prudential.BYD raised to Outperform at Wachovia.CELL started as Outperform at Piper Jaffray.CPLA started as Outperform at BMO.CPK cut to Neutral at Baird.DRH cut to Neutral at Baird.EMMS cut to…
RealNetworks (RNWK), CBS (CBS): Financial Blog Comments
Business 2.0 writes that the new RealPlayer (RNWK) will make it easier for consumers to share big media video files, out-doing YouTube. TechCrunch writes that EMI music videos will begin to run on YouTube.…
Europe Markets 6/1/2007
Markets in Europe were higher at 6.15 AM New York time. The FTSE rose .3% to 6,641. BP (BP) fell .4% to 562.5. GlaxoSmithKline (GSK) dropped .9% to 1298. Vodafone (VOD) was up 1.5%…
Dow Jones (DJ): Other Bidders
In its announcement that it would meet with Rupert Murdoch to discuss his $5 billion bid for Dow Jones (DJ), the founding Bancroft family said it would look at other bids. Bluff? Perhaps. But,…