Wal-Mart Stores Inc. (WMT-NYSE) reports earnings Tuesday morning, but the truth is that the company already tempered expectations with last week’s sales numbers. First Call expectations put the results at $0.68 EPS and $87.08…
Microsoft (MSFT) wants more control of making the Zune, so it is putting up a factory in China, of all places. Perhaps labor costs are low there. The Zune multimedia player has not sold…
Sina (SINA) reported after hours. Revenue rose 10% to $51.3 million. Income from operations was up modestly to $7.5 million. Both numbers were off sharply from the immediately previous quarter. Sina is one of…
Delta (DAL) Not public for long. Fuel prices hurting everyone in industry. Down to $18.75. The high was $21.95. Amerigroup (AGP) Drug maker GeoPharma Inc ended benefit management program with the company. Jefferies has…
Cramer thinks a lot of the Wal-Mart (WMT-NASDAQ) bad news has already been priced in and the eBay (EBAY-NASDAQ) Skype news could be big. Cramer also said that the signal Charles Schwab (SCHW-NASDAQ) is…
Now tell me that wasn’t the most ridiculous headline you ever read? However after reading Reuter’s headline this morning of ‘Organic milk seen flooding market, I couldn’t resist. America’s fascination with Organic foods is…
Mylan Labs (MYL-NYSE) is seeing its shares take a beating because it is acquiring Merck KGaA’s generic unit and Mylan is the acquirer in what is a very leveraged buyout. It isn’t just the…
Microsoft (MSFT) says that open source Linux violates 235 of its patents. And, the world’s largest software company wants royalties. Perhaps the whole thing will end up in court. The Linux OS is used…
Motorola (MOT) management probably thought they would get a couple of weeks of restful sleep now that Carl Icahn has been dispatched. But, no such luck. Rival Nokia (NOK) says it expects it global…
Share in Shares of Critical Therapeutics (CRTX) Inc are up 40% to after "the drug developer received Food and Drug Administration approval for a respiratory treatment it will market with Dey LP, an affiliate…
Wal-Mart (WMT-NYSE) is increasing it electronic sales, but this morning the press release was specific to Pre-Paid Skype cards now being available in 1,800 Wal-Mart Stores. Shoppers can purchase a $20.00 pre-paid card and…
Last week I wrote about how ethanol was increasing milk costs and how this will impact the bottom line at Starbucks (SBUX). Today we need to look at biodiesel. Currently Brazil is famous for…
Ford Motor Co. (F-NYSE) was up 2% and then almost 4% pre-market on Bloomberg and Reuters reports that the founding family of Ford was considering a sale of part of their stake. The exact…
The Wall Street Journal (Yahoo! preview) is the latest media outlet going after General Electric (GE-NYSE) for it to uncover some value. This report is suggesting a tie up between GE’s NBC unit and…
(ACL) Alcan’s buyout bid by Alcoa is reportedly getting big interest from larger names such as Rio Tinto and others.(BRLC) Syntax-Brillian filed to sell 25.6M shares, although the shelf was telegraphed with earnings last…
ACOR reiterated Buy at Lazard.AIG reitr Outperform at FBR.ALU raised to Outperform at Credit Suisse.AXCA raised to Outperform at CIBC.CHRT raised to Neutral at HSBC.ETEL started as Outperform at Baird.GOL raised to Buy at…
DaimlerChrysler (DCX) shares rose almost 5% on news that it had sold Chrysler. At 5.40 AM New York time, the FTSE was down .2% to 6,554. BP (BP) was down .2% to 559. BT…
According to Reuters, private equity firm Cerberus has won the bidding for DaimlerChrysler (DCX) US unit, Chrysler Motors. Bloomberg reports that the Ford family is considering selling some of its controlling interest in Ford…
Markets in Asia rose. The Nikkei was up .7% to 17,678. Honda (HMC) rose 1.2% to 4080. KDDI rose 3.4% to 1020000. NTT (NTT) fell 6.6% to 566000. Sony (SNE) rose 1.4% to 6540.…
By Yaser Anwar, CSC of Equity Investment Ideas