Cramer & Another Bank Merger Pick
On today’s STOP TRADING segment on CNBC, Cramer said that he went back over the Merrill Lynch (MER-NYSE) conference call and he thinks that the other mergers in the sector have gone well enough…
All Work
Douglas A. McIntyre
Cramer’s Way To Profit Off China Growth
On one of today’s videos of Jim Cramer on TheStreet.com, Cramer reviewed China growing too fast and how to play it….Cramer said this is not new and we’ve seen it before with China pulling…
Could Google Split Its Stock After Earnings?
Google (GOOG-NASDAQ) reports earnings after the close today, but even the remaining few unwired monks in Tibet probably know that by now. Google is expected to post $3.30 EPS & $2.495 Billion in revenues;…
LSTR: Landstar Earnings and Guidance Show Trucking Slowdown Continues
By William Trent, CFA of Stock Market Beat
ASD: American Standard Sets the Standard for Turnarounds
By William Trent, CFA of Stock Market Beat
S&P 500 Stocks Furthest Below 50-Day Moving Average
From Ticker Sense Below we highlight the 8 stocks in the S&P 500 that are trading furthest below their 50-day moving averages.
Click Fraud Getting Worse, Especially on Content Networks
From Internet Outsider Click Forensics, a Texas-based company that tracks click fraud using detailed campaign data from more than 3,500 marketers, reported that industry-wide click fraud increased modestly in Q1 to its highest level…
MetroPCS Rises Despite Other Recent IPO’s
MetroPCS (PCS-NYSE) did manage to be the first $1 Billion+ as far as capital raised in an IPO for 2007. The stock priced its 50 million share IPO at $23.00 per share, and it…
Southwest Airlines: Losing Its Fuel Hedge Competitive Advantages
Southwest Airlines (LUV-NYSE) is one to watch as its fuel hedge advantages are becoming less and less compared to other legacy and discount air carriers. The company reported $0.04 EPS on an 8.9% revenue…
Pfizer Looks Like a Bond Replacement – Earnings Preview (PFE)
Pfizer (PFE) reports on Friday, and just liketearing off a band-aid, investors are hoping the earnings release tobe quick, and relatively painless. Nobody’s expecting anythingspectacular on the “good news” front, while many issues both…
Gannett Holds On By Its Fingers
Revenue at Gannett (GCI) was flat for the quarter. It did have a couple of TV stations in there for the period. They weren’t in last year. Total sales hung around $1.8 billion. Advertising…
Merrill Lynch: More Signs That Investment Banking Rules The Universe
Merrill Lynch (MER) reveue in Q1 rose 24% to $9.85 billion. EPS was up from $1.65 to $2.26 when a charge from last year is taken out. But, the story was investment banking. That…
Altria Raises Guidance
Smoke ’em if you got ’em. Altria (MO) raised guidance for the year to $4.20 to $4.25 per share. Previously, the number had been $4.15 to $4.20. Oh, yes, and net revenue for the…
Avici Systems’ Strategy Change Stumps Investors
Avici Systems Inc. (AVCI-NASDAQ) is in a bit of a pickle this morning. There have only been a bit more than 40,000 shares traded pre-market, but shares are down almost 30% to under $10.00…
Merck Does OK
Merck (MRK) announced what the market expected. On that note, they are already ahead of Yahoo!. Revenue hit $5.8 billion up 7% for the quarter. EPS without restructuring costs, hit $.84, up from $.78…
Pre-Market Stock News (APR 19, 2007)
(AAPL) Apple’s iPhone is not being delayed according to AT&T (Cingular).(ALTH) Allos Therapeutics’s PDX Granted Orphan Medicinal Product Designation by the European Commission.(AME) Ametek $0.48 EPS vs $0.46e.(ARB) Arbitron $0.52 EPS vs $0.50e.(BAC) Bank…
Earlybird Analyst Calls (APR 19, 2007)
AIT cut to Hold at BB&T.ALDN cut to Neutral at UBS.ATHR started as Buy at AGEdwards.BEN cut to Neutral at JPMorgan.CRZO cut to Mkt Perform at Wachovia.CPWR cut to Mkt Perform at Piper Jaffray.CYN…
Nokia’s Home Run
Nokia (NOK) reported that its sales of handsets hit over 91 million units in the first quarter, up 21%. Price per unit dropped 13% to 89 euros as the company sold more phones in…
Europe Markets 4/19/2007 German Market Off
Markets in Europe were off sharply at 6.30 AM New York time. The FTSE was down .7% to 6,403. Barclays (BCS) was down .7% to 738. BP (BP) was down 1% to 568.5. BT…
Microsoft’s New Attempt To Rule The World
The offer sounds very generous. Microsoft (MSFT) will sharply cut its prices to developing countries that offer free PCs to children. It may be a way to avoid some piracy of Windows. If consumers…