The Incredible Shrinking Tivo (TIVO)
Tivo (TIVO) ended the quarter with fewer subscribers than it had a year ago–4.34 million compared with 4.42 million. The company gave a number of reasons why this was a good thing. DirecTV (DTV)…
All Work
Douglas A. McIntyre
Europe Markets 5/31/2007
Markets in Europe were up modestly at 6.40 AM New York time. The FTSE rose .5% to 6,632. BEA Systems was up 2.5% to 447.25. GlaxoSmithKline (GSK) was down .7% to 1319. Vodafone (VOD)…
Glaxo: Why Does The News Come So Late?
GlaxoSmithKline (GSK) has come out with a ton of information that say its diabetes drug Avandia is safe for the heart. Big companies seem to be masters of releasing key information late, especially when…
CMGI Earnings Preview For June 5, 2007 (CMGI, ICGE, SFE)
CMGI, Inc. (CMGI-NASDAQ) has an important few days ahead itself. The company is reporting earnings next week (Tuesday June 5, 2007, after the close) and every single investor who has purchased shares any point…
Ebay’s (EBAY) Ad Auction Program Still In Limbo
Limbo has sort of been abandoned by the Catholic church which started the whole concept as a place between heaven and hell. But, Ebay (EBAY) has brought it back with its TV advertising auction…
Google (GOOG) Finally Launches Something Important
Jobs and Gates got the tech headlines. So did the joint venture between YouTube and Apple (AAPL) TV. But, Google (GOOG) released the star application, one which is likely to change the way that…
Media Digest 5/31/2007
According to Reuters, Morgan Stanley’s (MS) real estate unit will buy Australia real estate firm Investa Properties for $3.9 billion. Reuters writes that Google (GOOG) will introduce software the will allow for web search…
Asia Markets 5/31/2007
Markets in Asia were up sharply. The Nikkei rose 1.6% to 17,876. Honda (HMC) rose 2.1% to 4280. KDDI rose 4.1% to 1040000. NTT (NTT) rose 2.7% to 573000. The Hang Seng rose 1.8%…
Wal-Mart Prepares For The Annual Shareholder Meeting (WMT)
Ahead of the upcoming shareholder meeting and webcast to analysts and institutional holders this Friday, Wal-Mart (WMT-NYSE) has some final decisions to make and they could actually decide to be proactive for a change.…
Biotechs & Pharmas Bracing For ASCO Annual Meeting
This weekend we have the mother of all future cancer treatment conferences: ASCO, or The American Society of Clinical Oncology. Cancer stocks in the last few weeks have been seeing a muted response ahead…
Cramer Calls For A Yahoo! & eBay Merger
Cramer came out tonight on CNBC’s MAD MONEY proposing that Yahoo! (YHOO) and eBay (EBAY) should get together and merge. He is calling for this because the growth is slowing in both areas and…
Dow Jones (DJ): T Rowe Prices Wants To Take The Money And Run
The head investment officer of money management firm T Rowe Prices, wants Dow Jones (DJ) to take Rupert Murdoch’s money before it goes away. The firm does have some leverage. It is the largest…
Novell Makes A Few Cents, Sort Of (NOVL)
Novell Inc. (NOVL-NASDAQ) has turned in earnings of $0.03 non-GAAP EPS and revenues of $239 million, compared to First Call estimates of $0.01 and $235.1 million. The company managed to lose $110,000.00 on a…
Apple (AAPL) And YouTube: Another Product No One Wants
Fortune magazine recently called Apple (AAPL) TV a tech dog. The publication listed four pretty damaging short-comings. Today Apple took the somewhat challenged electronics product and said it would now stream YouTube video to…
Yahoo! Loses Its CTO, Unfortunately Not Its CEO
Yahoo!’s (YHOO-NASDAQ) Head of Technology and Chief Technology Officer, Farzad Nazem, is leaving the company effective June 8, 2007. The filing says he will "continue to provide services including transition services between the Agreement…
Motorola (MOT): You Can’t Cut Enough
Motorola (MOT) cut another 4,000 people on top of its earlier "down-sizing" to knock out another $600 million in costs. The company said all the usual things about making money for shareholders and having…
Solarfun Power (SOLF): The 52-Week Low Club
Journal Register (JRC) Another newspaper company makes a low. Down to $5.41 from 52-week high of $10.23. Applied Biosystems (ABI) Had a rough first quarter and apparently is still paying for it. The maker…
Farewell Kinder Morgan, Or At Least Catch You Later (KMI, KMP, KMR)
Today was the last trading session for Kinder Morgan Inc. (KMI). The acquisition of KMI by investors including Chairman and CEO Richard D. Kinder has closed. Additional investors include co-founder Bill Morgan, board members…
Lazard Less Bullish on Solar Stocks, Supply Issues May Be To Blame
Stock Tickers: ESLR, ENER, FSLR, SPWR, SOLF Lazard Capital Markets has issued a special report today on the Alternative Energy & Industrials sector. Sanjay Shrestha, Managing Director and Senior Analyst at Lazard, is lightening…
Valence Technology (VLNC): Big Move On No News
There is something odd about small cap stocks that make unexpected runs on big volume. Take Valence Technology (VLNC). The stock is up over 30% on no news and has already traded five times…