Full Research Summary (MAY 3, 2007)
BRE raised to Buy at Deutsche Bank.CNET started as Buy at B of A.CVC cut to Neutral at Oppenheimer.CYTC cut to Neutral at Sun Trust Robinson Humphreys.DNDN started as Hold at AGEdwards.GNV started as…
All Work
Douglas A. McIntyre
Pre-Market Stock News (May 3, 2007)
(AIZ) Assurant $1.42 EPS vs $1.20e.(AMD) Adanced Micro Devices holds a shareholder meeting today.(APKT) Acme Packet $0.08 EPS vs $0.07e.(BARE) Bare Escentuals $0.22 EPS vs $0.19e.(CAI) CACI International $0.59 EPS vs $0.59e.(CBS) CBS $0.33…
GM Auto Income OK
GM was hurt by mortgage results at its financial operations. But automotive operations showed some strength. Net income from GM’s global automotive operations totaled $304 million on an adjusted basis, in the first quarter…
Dunkin Donuts Want Starbucks Customers
Dunkin Donuts has 5,300 stores in the US. It wants to turn them into coffee houses. Sounds like they are joining McDonald’s (MCD) in going after Starbucks (SBUX) customers. But, as the head guy…
Europe Markets 5/3/2007
Markets in Europe were narrowly mixed at 6.25 AM New York time. The FTSE rose .4% to 6,508. Barclays (BCS) was up .1% to 732.5. BP (BP) was up 1.4% to 573.5. BT (BT)…
JDSU Goes To The ICU
JDS Uniphase (JDSU) is supposed to be one of the leaders in the optical network equipment that is helping to drive high-speed network deployments by big telephone and cable companies. But, it may be…
No Rally For Dell (DELL)
PC giant Dell (DELL) got a nice spike up in its share price when a memo from CEO Michael Dell was leaked to the press. In it, Mr. Dell made a point of saying…
AT&T And Verizon: No More New Highs
AT&T (T) is very near its 52-week high of just over $40. That puts it up 50% over the last 12 months. Verizon (VZ) is right there as well, just below its 52-week high…
GM: The UAW Has To Settle
GM’s (GM) sales were off 9.5% in April, but the stock rose 3.6% the next day. April was a tough month for all of the car companies, so GM’s slide was nothing special. Bear…
Britain’s ITV Up Ante On Web TV
It may not be news in the US yet, but the UK’s largest commercial broadcaster is going all web all the time. ITV is launching a service that will stream its channels live over…
Media Digest 5/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Research In Motion (RIMM), is introducing a new, lighter version of its handheld to be called the Blackberry curve. The multimedia device is meant to broaden the company’s customer base. Reuters…
Asia Markets 5/3/2007
Markets in Japan and Shanghai were closed for holidays. The Hang Seng was up 1.5% to 20,691. China Life (LFC) rose 1.2% to 24.45. China Mobile (CHL) rose 2% to 72.4. HSBC (HBC) rose…
DNEX: Dionex Takes A Breather
By William Trent, CFA of Stock Market Beat
JDSU: JDS Uniphase Out of Phase
By William Trent, CFA of Stock Market Beat
Itron Announces First Quarter Results: Financial News – Yahoo! Finance
By William Trent, CFA of Stock Market Beat
RNWK: Real Networks Makes Investors Real Happy
FRom William Trent, CFA of Stock Market Beat
When Transports Underperform
From Ticker Sense Yesterday morning UBS downgraded all of the airline stocks based on increased fuel prices. Yes oil prices can be and have been volatile, but we looked back over this current bull…
Wednesday’s Top Biotech & Medical Stocks
by H.S. AyoubBioHealth Investor.com
StreetInsider.com After-Hours Movers 05/02
YM BioSciences Inc. (AMEX: YMI) 20% HIGHER; announced top-line results from its randomized, placebo-controlled Phase IIb trial of AeroLEF in opioid naive patients with post-operative pain following orthopedic surgery. AeroLEF met the primary endpoint…
Cramer Defends Level 3 Communications (LVLT)
Tonight on CNBC’s "Mad Money," Jim Cramer also came out in defense of Level 3 Communications (LVLT-NASDAQ) since this stock has been shelled in recent days. In just the last 5 trading days, LVLT…