Viacom And CBS Put Money Into Joost
Joost is the new online TV network based on file sharing tech. It was started by the founder of Skype. The start-up has just raised $45 million, and its is interesting to see who…
All Work
Douglas A. McIntyre
Pre-Market Research Summary (May 10, 2007)
ALTR started as Hold at Deutsche Bank.ATW cut to Hold at Jefferies.B raised to Outperform at Baird.CACH cut to Mkt Perform at Piper Jaffray.DNDN cut to Sell at B of A.FVE cut to Hold…
Yahoo! And Microsoft Negotiate In Plain Sight
According to MarketWatch, Terry Semel, Yahoo!’s (YHOO) CEO, spent most of a recent presentation talking about the common interests of his company and Microsoft (MSFT). Semel described why the companies "have a shared interest…
Europe Markets 5/10/2007
Markets in Europe were off slightly at 6.35 AM New York time. The FTSE fell .2% to 6,539. Barclays (BCS) was down .2% to 716.5. GlaxoSmithKline (GSK) was down .8% to 1427. Reuters (RTRSY)…
The Chinese Stock Market Fiction
The FT has written that the value of all stocks traded on exchanges on the Chinese mainland has gone above the figure of all other exchanges in Asia combined. The FT figures on trading…
Does DirecTV’s Success Hurt Cable And Telecom
DirecTV (DTV) had a whale of a quarter. Profits were up 43% to $336 million. Revenue rose 15% ot $3.91 billion. Gross subscription increases rose to 929,000 and the company ended that quarter with…
News Corp Growth Has Soft Foundation
News Corp (NWS) reported increases in both revenue and net in the last quarter. Net income hit $871 million, up from $820 million in the quarter a year ago. Revenue was up 21% to…
Toyota’s Flat Tire
Toyota (TM) has a little bad news for once. In its last reported quarter. Operating profit fell 3%. The world’s largest (or second largest, depending on who is counting) car company is having to…
Media Digest 5/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the CEO of Microsoft (MSFT) said that company would consider a major M&A deal if it would fill in a large strategic hole in the company’s buinesses. Reuters writes that the…
Asia Markets 5/10/2007
Markets in Asia were mostly down. The Nikkei fell .1% to 17,739. NTT (NTT) was off 1.9% to 605000. Sony (SNE) was off 1.5% to 6560. Softbank was off 1.7% to 2570. Toyota (TM)…
Deutsche Telekom Gets VoIP Disease
Deusche Telekom (DT) is beginning to suffer from the same disease that is hitting its US counterparts. It fixed line business is falling apart as customers move to lower costs services. And, in most…
Starbucks Can Fix Itself Before Growth Plans; It Needs To As Well
Back on Monday, we ran some basic observations on Starbucks (SBUX-NASDAQ) based on its aggressive growth plans and based on our own muti-state and multi-site reviews. The long and short of it is that…
Cramer’s Middle East Infrastructure Picks
On tonight’s MAD MONEY on CNBC, Jim Cramer came out not just on a ROW strategy for "rest of the world," but said it’s a BRIC+ME: Brazil, Russia, India, China PLUS the Middle East. …
With Mathstar (MATH) at $1.45 a share, it may be safe to play
Mathstar Inc. (MATH) hit yet another 52-week low today and is currently trading around $1.45 a share. Now that their company stock has fallen 66% in the last 6 months it got me thinking:…
RIMM To Take Out Wireless Carriers
For those of you sick of paying $70, $80, $90 or more a month for wireless service, just get a Blackberry. It was announced yesterday that Blackberry smart phones will be able to utilize…
Whole Foods: Complicated Earnings Report Doesn’t Help Slowing Growth
Whole Foods Market, Inc. (WFMI-NASDAQ) is trading lower by more than 4% in after-hours trading down to $43.83. This earnings release is one of the more complicated earnings releases that this company has made…
Cramer Said Cisco Systems Was Not Bad
On today’s STOP TRADING segment on CNBC, Jim Cramer said he’s toying with a Fed that gave you nothing. He doesn’t know whether to sell in May or Hang Himself. He said that he…
Whole Foods (WFMI) may prove today it isn’t just for hippies (WFMI)
Whole Foods Market, Inc. (WFMI) reports Q2 earnings today after the market close. They have not provided any guidance for the quarter and Thomson Financial is expecting earnings of 36 cents per share on…
Top 10 Mid-Day Movers (MAY 9, 2007)
Stock Tickers: CSCO, DNDN, CMGI, IBM, ISIS, RTP, FWLT, MVSN, TXN, ERTS So far this is turning out to be an interesting day, despite what looks to be very mixed and dull markets ahead…
Cramer Hints at Scam in Qualcomm, But Not By the Company (QCOM)
Cramer has a fairly long video discussing "scams on Wall Street" on TheStreet.com video section. Most of the video is just old reviews but toward the end if you pay attention, Cramer notes a…