Asia And Europe Markets May 28, 2007: Shanghai Up Sharply
Markets in Asia rose with Shanghai up over 2%. The Nikkei rose .6% to 17,588. Toyota (TM) rose .3% to 7300. Sharp rose 2.2% to 2305. The Hang Seng rose a fraction to 20,530.…
All Work
Douglas A. McIntyre
Nasdaq’s (NDAQ) Bid For OMX Get Competition
Perhaps the folks running the Nasdaq Stock Market (NDAQ) are like the gang who couldn’t shot straight. After their several bids for the London Stock Exchange were rejected, it appeared that they had cut…
US Newspaper Industry Gets A Break, A Small One
According to the Newspaper Association of America, online advertising in websites operated by US papers rose 22% in the first quarter to $750 million. That brings it to about 7% of total ad revenues…
Alcan’s (AL) New Suitor: The Game Gets Expensive
Reports out of Australia indicate that metal giant Rio Tinto (RTP) has hired a banker to advise the company on a possible purchase of Alcan (AL). Alcoa (AA) has already made an offer, which…
Apple’s (AAPL) Illogical Run
On April 25, Apple (AAPL) announced the results for its most recent quarter. The numbers were good. During that quarter, Apple sold over 1.5 million Macs, up 36% from the same quarter a year…
Japanese Can’t Sell Cars In Their Home Market
Lead by Toyota (TM), Japanese car companies have had their way in the American markets. It is now estimated that the largest car company in the world will have 15% of the US market…
BBC Calls Business Reporters Amateurs
A report done for the management of the BBC boiled down to one conclusion–the broadcaster’s business reports need to get back to school Sir Alan Budd, the former chief economic adviser to the UK…
This Week on StockHouse May 21 to 24
Sean Mason and Keri Korteling compiled a list of lists for a quick rundown of the Top Five (http://www.stockhouse.ca/shfn/article.asp?edtID=19757 ) posters, features and other popular features on StockHouse. StockHouse premiered a new column this…
AMD and their quiet comeback, you can’t dismiss them yet
Advanced Micro Devices, Inc. (AMD) shares have moved up 11% since May 9th including the 5% fall since Wednesday (5/23). So what’s all the fuss about? Do you care? Should you care? Jon Ogg…
Video Gamers Short Interest May 2007
The video game sector was a bit weird this month as far as short selling goes. There was no clear direction at all, so there is no real robust call here. The one point…
More Buyout Predictions
On CNBC’s Stop Trading segment today, Jim Cramer talked with Alexander Goldfarb from UBS about Archstone Smith (ASN) on a potential buyout. An industry newsletter said that Tischman may be in talks to do…
Sharper Image (SHRP) Founder Dumps Shares
Former Sharper Image (SHRP) CEO Richard J. Thalheimer has sold almost all of his shares in the company. In early May, he had almost 20% of the company’s stock. Thalheimer apparently sold the share…
Wal-Mart (WMT) Takes Incoming
The woman fired as head of Wal-Mart’s (WMT) marketing operations, allegedly for having an affair with an employee and accepting gifts from suppliers, claims that the WMT CEO got his son a job with…
Shorting Internet Security Stocks May 2007
How long has it been since we have received worldwide web reports of a massive web attack, or a DNS attack, or a major virus, or a Trojan Horse? It’s been some time, so…
Shorting Web Stocks (May 2007) (GOOG, YHOO, EBAY, AMZN, BIDU, MNST)
Stock Tickers: GOOG, YHOO, EBAY, AMZN, BIDU, MNST Short sellers in the online search and content names are not showing any real significant pattern. The short interest actually fell in Google (GOOG), so maybe…
Mixed Bag in Online Travel Short Sales (May 2007) (PCLN, EXPE, TZOO, CTRP)
Stock Tickers: PCLN, EXPE, TZOO, CTRP The online travel sector is a bit of an odd bird. The travel sector itself is of course very cyclical and one of the first expenses that can…
Short Sellers Line Up Against CMGI & Incubators (May 2007) (CMGI, ICGE, SFE)
Stock Tickers: CMGI, ICGE, SFE The short sellers are lining up their bets against CMGI (CMGI-NASDAQ). To add fuel to the fire, the shorts are also lining up bets against the other two ‘incubators’:…
Shorts Up Against Online Brokers (May 2007) (ETFC, AMTD, SCHW, NITE, OXPS, TRAD, IBKR)
Stock Tickers: ETFC, AMTD, SCHW, NITE, OXPS, TRAD, IBKR The short interest in online brokers is often a guage as to what traders are thinking about the markets because it is one of the…
Crazy Short Sellers in Online Advertisers (May 2007) (VCLK, AQNT, TFSM)
Stock Tickers: VCLK, AQNT, TFSM We have frequently noted how the short sellers are often motivated by different factors and have a longer-term outlook than Joe Q. Public. We wanted to look at the…
Sony (SNE): Fold Your TV And Put It In Your Wallett
Sony (SNE) has never lacked for engineering prowess. It latest gadget proves that is still true. The company has launched a video screen that is thinner than most credit cards. And, the screen is…