Cramer’s 3rd Batch of DJIA Component Price Targets
Stock Tickers: MMM, GM, HPQ, HON, HD, INTC, AMD, SHLD Cramer came out tonight with his next batch of targets on more individual DJIA targets, and he was much less robust with the middle-alphabet…
All Work
Douglas A. McIntyre
The 52-Week Low Club
Alaska Air (ALK) Warns on profits and gets a downgrade. Mush. Drops to $27.35. Down from 52-week high of $45.85. Vion Pharmaceuticals (VION) Late-stage trial of its blood cancer drug has problems. Stock gets…
Business 2.0 Nutty Fastest Growing Tech Co. List
Someone who edits business mags has to change the way they define parameters for their "fastest growing" and "best managed" lists. The new Business 2.0 Fastest Growing Tech Companies list is based on "four…
IPO Filing:The Vitamin Shoppe or VS Holdings
Vitamin Shoppe, Inc. has filed to come public via an IPO under the "VSI" ticker on NYSE. The amount filed for declarartion purposes was up to $150 million in securities, although that is for…
Sirius (SIRI): Key Player Rejects Merger Idea
Democratic Sen. Herb Kohl chairman of the U.S. Senate’s antitrust subcommittee suggested that regulators nix the merger of Sirius (SIRI) and XM (XMSR). His comments were aimed at the Justice Department and FCC. According…
Microsoft (MSFT) Turns Its Back On Yahoo! (YHOO)
Microsoft (MSFT) has everything it needs to be a king in the online advertising business. And, it does not need Yahoo! (YHOO). Its own internet properties and its purchase of aQuantive (AQNT) are enough.…
Boeing (BA): No New News, Competition From China
The CEO of Boeing (BA) was good enough to tell his shareholders, the press, and the rest of the world that the company might have a new competitor beyond Airbus. The company will probably…
The worst could finally be over for Micron Technology (MU)
Since the beginning of September 2006 Micron Technology (NYSE:MU) shares have fallen 34%. Just last fall Micron was trading in the $18’s and today shares are in the $11 range. You would think a…
Level 3’s (LVLT) High Jump
Shares in Level 3 (LVLT) are up almost 15% over the last three days. Telecom equipment stocks including Nortel (NT) and Alcatel-Lucent (ALU) are doing well based on the assumption that network build-outs will…
Lenovo Gets Better, Will Dell (DELL)?
Lenovo, the fourth largest PC maker in the world, surprised most investors by posting a $60 million net against a loss of $116 million in the quarter a year ago. The company said worldwide…
iPhone: Apple (AAPL) Makes The Wrong Moves
After my first post on the iPhone last week in which I opined that the AT&T (T) lockup was a mistake for Apple (AAPL) and that the real winner in all this was AT&T.…
Target, Still Targeting Wal-Mart
Target (TGT) is trading up 4% pre-market after posting higher earnings. It showed $0.75 EPS, up from $0.63 the prior year and above the $0.71 estimates; revenues were $14.04 billion, up from $12.86 billion…
Alcatel-Lucent (ALU) Could Be Good For Motorola (MOT)
Alcatel-Lucent (ALU), the telecom equipment merger disaster, had a bit of good news. It told investors that its cost cutting efforts were on track and that it bookings are improving. Shares in the new…
Cypress Biosciences & Forest Labs Get a Newer Boost, An Understatement (CYPB, FRX)
Cypress Biosciences (CYPB-NASDAQ) is literally a ‘double" in pre-market trading. Forest Labs (FRX-NYSE) and the company released top-line Phase III results that show statistically significant therapeutic effects of milnacipran as a treatment of fibromyalgia…
Northfield Labs Heads Permanently South
Northfield Labs (NFLD-NASDAQ) just faced what may the knockout blow for the company. The company has been working for years now on studies for PolyHeme, its blood substitution product. This product has been touted…
Pre-Market Stock News (May 23, 2007)
(AA) Alcoa trading up 2% on hopes that the Alcan rebuff will put into play.(AL) Alcan denied the Alcoa takeover attempt as “insufficient” and shares up over 3% on hopes for a higher bid.(AEZS)…
Earlybird Analyst Calls (May 23, 2007)
ADI cut to Neutral at JPMorgan, cut to Neutral at Credit Suisse.AEP raised to Overweight at Lehman.ARRY started as Overweight at JPMorgan.AZO cut to Hold at Citigroup.BBEP cut to Hold at Deutsche Bank.BFLY started…
Alcan (AL): The Big Risk Of Saying “No”
Alcan (AL) turned down a buy-out offer from rival aluminum company Alcoa (AA). Rumors are that the Canadian company is now in talks with Australian metal giant BHP Billiton (BHP), and that another company,…
Europe Markets 5/23/2007
Markets in Europe were up at 5.35 AM New York time. The FTSE rose .4% to 6,630. Barclays (BCS) was up 1% to 724, GlaxoSmithKline (GSK) was down 1.5% to 1350. Rio Tinto (RTP)…
Media Digest 5/23/2007 Reuters, WSJ, NYTimes, FT, Barron’s
Reuters writes that Alcan (AL) is in talks with fellow metals company BHP Billiton (BHP) about a merger after rejecting an offer from Alcoa (AA). Reuters also reports that California savings & loan Fremont…