Dell’s (DELL) Stock: 52-Week High Justified?
Dell’s (DELL) shares moved up as much as 6% after hours. The would put them at $28.50. That is about where the stock traded in November 2005. Dell has made remarkable improvements since Michael…
All Work
Douglas A. McIntyre
Media Digest 6/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the family that controls Dow Jones (DJ) has agreed to talkd with News Corp (NWS) about a possible takeover. Reuters writes that Dell’s (DELL) earnings were stronger than expected and the…
Asia Markets 6/1/2007 Shanghai Down
Markets in Asia were mostly higher. The Nikkei rose .5% to 17,957. Hitachi (HIT) fell .7% to 888. Honda (HMC) rose .7% to 4310. Japan Airlines dropped 1.7% to 238. NTT (NTT) fell 1.7%…
Motorola’s (MOT) European Headwind
Ed Zander and the management at Motorola (MOT) did not get much of a bounce in their stock when they fired 4,000 people. The stock closed down .5% today at $18.19. It is not…
Detroit Ostrich Farm: Productivity
The healine at MSNBC said "Detroit Coming Closer To Japanese Rivals In Efficiency". In other words, it took Toyota (TM) 29.93 labor hours to build components and assemble each vehicle. Nissan and Honda (HMC)…
Cramer’s ‘Sell Block’ (CHTR, AAPL, DELL, SHLD)
Tonight Cramer came on CNBC’s MAD MONEY with his SELL BLOCK tonight. He had two 40% gainers, and these are both two very widely traded stocks. Charter Communications (CHTR) he thinks it is timke…
Cramer’s Russell 2000 Index Rebalance Stock Picks
Cramer wanted to talk about the trade of the year that hasn’t happened: The Russell Rebalance. After the picks below is his additional commentary. The rough range expected this year for stocks to be…
Dell Sails Past Estimates, Cuts 10% Headcount
Dell Inc. (DELL-NASDAQ) posted much better than the pessimistic expectations with preliminary $0.34 EPS and $14.6 Billion in revenues versus expectations of $0.26 EPS and $13.95 Billion per First Call estimates. Shares are now…
Cramer: Hail Retail Investors, Plus Ralph Lauren To $120
On today’s STOP TRADING segment on CNBC, Jim Cramer came out discussing if the individual investor is in the market. If retails buys tech like Ciena (CIEN-NASDAQ) and Apple (AAPL-NASDAQ) then they are buying…
Final Review of Dell Ahead of Earnings (May 31, 2007) (DELL, HPQ, GTW)
Dell Inc. (DELL-NASDAQ) is actually back from the depths as far as the stock has been doing since Michael Dell returned to oust Kevin Rollins. Wall Street is expecting $0.26 EPS and $13.95 Billion…
Google (GOOG): YouTube Begins To Crack Content Companies
Google’s (GOOG) YouTube was able to get a deal with music publisher EMI to allow its music videos to be played and shared on the big user-generated video site. According to the company in…
Critical Therapeutics (CRTX): What Goes Up…
Critical Therapeutics (CRTX) is having a hell of a run today. The stock is up 31% to $3.50 on almost 11.8 million shares. At one point, the share hit $4.10. The reason? The Food…
Can ‘Who’s Your Daddy, Inc.’ Be The Next Hot Beverage Play? (WYDY)
Stock Tickers: WYDY, HANS, JSDA, KO, KR The higher-end bottled sport and energy beverages sector is an interesting one, needless to say. After seeing companies like Hansen Natural (HANS-NASDAQ) and Jones Soda (JSDA-NASDAQ) make…
Big List of Private Equity Targets in Financial Services
There is a recent boutique research report from earlier in the week showing a list of potential private equity targets from a specialty brokerage firm that I was very positive on from even before…
Dendreon Catches a Break From The FDA
Dendreon (DNDN-NASDAQ) is benefitting from something that become thought of as a low probability event: an FDA that buckled at least a little to peer pressure. It has received confirmation that the FDA will…
Sears…A Glass Half-Empty or Half-Full?
Sears Holdings Corp. (SHLD-NASDAQ) is trading down over 2% in pre-market activity after its earnings this morning. The company posted $1.40 EPS before items, up from $1.14 last year; but overall Net Income after…
EMC Gets A Minor Roadblock At Its Multi-year Highs (EMC, VMW, MSFT)
EMC (EMC) shares are trading lower by 1% pre-market after Bear Stearns downgraded its Outperform rating to a ‘Peer Perform’ rating based on valuation and performance. Shares are up some 80% from the lows…
Pre-Market Stock News (May 31, 2007)
(AGE) A.G.Edwards gets an $89.50 buyout from Wachovia (WB) in cash and stock.(AGIX) AtheroGenics announces business plan to focus on advancing AGI-1067 in diabetes.(ASML) ASML will return 960 million Euros to shareholders in combination…
Earlybird Analyst Calls (May 31, 2007)
ANDE cut to Neutral at B of A.AVR cut to Sell at B of A.CMI raised to Outperform at Wachovia.DBRN raised to Buy at Merriman Curhan Ford.HTZ started as Buy at B of A.NI…
Wachovia (WB) Buys A.G. Edwards (AGE)
In a move that will create the No.2 broker in the US, bank giant Wachovia (WB) will buy A.G.Edwards (AGE) for $6.8 billion, a 16% premium over where the stock has traded recently. The…