Level 3 Falls Completely Apart
If you bought Level 3 (LVLT) shares a year ago, you lost. The stock closed at $5.68 last May 2. It now trades at $5.38. When the stock hit $6.76 in February, it all…
All Work
Douglas A. McIntyre
Microsoft (MSFT) Looks At Buying 247RealMedia (TFSM)
Now that Google has bought Doubleclick and Yahoo! (YHOO) has sucked up Right Media, it appears that Microsoft may be the buyer for 24/7 RealMedia (TFSM). The deal would be much better than the…
Liz Claiborne: The Worst Retail Earnings This Quarter (LIZ)
Liz Claiborne Inc. (LIZ-NYSE) is indicated down 20% now in pre-market activity after a severe earnings blunder, and this is so bad that it really looks like perhaps the worst earnings release of any…
Pre-Market Stock News (MAY 1, 2007)
(AMED) AMEDISYS $0.51 EPS vs $0.50e.(AVP) Avon Products $0.34 EPS vs $0.28e.(BP) BP has new documents that surfaced on corrosion and the company not spending to fix pipelines.(BSX) Boston Scientific names new CFO.(CC) Circuit…
Sirius Satellite Radio Earnings Q1 2007
(SIRI) Sirius Satellite Radio $204M revenues and net loss was -$0.10; Estimates were $212 million revenues and -$0.10 EPS. Its subscribers rose 556,490 to about 6.6 million; Churn rate was 2.3% and subscriber acquisition…
Earlybird Analyst Calls (MAY 1, 2007)
AMED raised to Buy at Jefferies.AMR cut to Reduce at UBS.AWRE started as Buy at Merriman Curhan Ford.CACH started as Overweight at Thomas Weisel.CAL cut to Neutral at UBS.CC downgrades: cut to Hold at…
Trouble In Video City: Too Many Players
Venture capital firms put $682 million into video start-ups in 2006. That was almost double the year before. The $1.65 billion that Google (GOOG) paid for YouTube helped start the fire.According to the FT:…
Carl Icahn Will Oust Motorola’s Ed Zander
"I love my job. I hate my customers." What a quote from Motorola (MOT) CEO Ed Zander, picked up by The Wall Street Journal. If is the kind of statement a CEO cannot survive.…
Housing Will Wreck Detroit’s Turnaround For The Year
Most of the media’s attention regarding the car industry is directed at how badly sales will be in April. That is just the beginning of what could be a catastophic downturn in auto sales…
Media Digest 5/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Yahoo! (YHOO) has signed a deal with Comcast (CMCSA) to sell advertsing for its portal, comcast.net. Reuters writes that Oracle (ORCL) has asked a court to have SAP (SAP) preserve documents…
Asia Markets 5/1/2007
Chinese markets were closed for a holiday. The Nikkei fell .7% to 17,275. Canon (CAJ) fell 1.2% to 6670. Honda (HMC) fell 1.5% to 4070. NTT (NTT) fell .7% to 592000. Docomo (DCM) rose…
VZ: Verizon Finally Growing Again
By William Trent, CFA of Stock Market Beat
RadioShack Earnings Prove Naysayers Wrong Again
By Chad Brand of Peridot Capitalist
Monday’s Top Biotech & Medical Stocks
by H.S. AyoubBioHealth Investor.com
StreetInsider.com After-Hours Movers 04/30
Circuit City Stores (NYSE: CC) 10% LOWER; The company is withdrawing its previously issued guidance for the first half of fiscal year 2008 Intevac (Nasdaq: IVAC) 9.5% LOWER; reports Q1 EPS of $0.44 (including…
Cramer Goes to Baxter (BAX)
Jim Cramer’s third pick as a defensive medical industrial complex stock that he thinks can’t get hurt by the economy is Baxter International (BAX), but he would only buy it if it pulls back…
Cramer Backs Becton Dickinson (BDX)
Jim Cramer’s Second defensive stock on CNBC’s MAD MONEY in medical devices as a portfolio of last resort is Becton Dickinson (BDX). It is a safe traditional medical device and diagnostics company. They even…
Cramer Sing’s a Bard’s Tune (BCR)
On tonight’s MAD MONEY on CNBC, Jim Cramer said he’s seen enough earnings from big companies and he is fed up with the Fed sitting around while the US economy is slowing. He wants…
Yahoo! Gets A New Friend
Comcast (CMCSA) is trying to build up its web portal, and, among other things, it has been adding more video to the site. Join the club. But, it is a big destination already. Comcast.net…