Companies That Need to Cut Jobs: Dell
As part of an ongoing look at companies that could announce workforce reductions in the near future, Dell (DELL) is a name that comes up over and over. The end result is going to…
All Work
Douglas A. McIntyre
Companies That Need to Cut Jobs: Citigroup
Everyone has heard the persistent Citigroup (C-NYSE) discussion about reducing workers and streamlining costs and the coming cuts are just more undefined than they are tentative, but how many job cuts are really needed? …
Shorts See Qualcomm Going Down
Short sellers are betting against Qualcomm (QCOM). March short interest in the stock went up 10.7 million shares to 29.7 million. Qualcomm’s litany of problems would certainly be a reasonable cause. The firm’s licensing…
Shorts Up Bet Against Microsoft
Maybe it was Steve Ballmer’s comments about a slow start for Vista. Maybe is was the continuing poor performance of Microsoft’s (MSFT) search products. Or, the launch of word processing and spreadsheet software from…
Aruba Networks IPO Set For Trading Today
Aruba Networks (ARUN-NASDAQ) has priced its IPO for trading today. The company priced 8 million shares at $11.00, above its $8.00 to $10.00 range. Aruba is in the equipment for the wireless local area…
Pre-Market Stock News (MAR 27, 2007)
(AMTD) Ameritrade COO Randy MacDonald will retire on June 1, 2007 following the TD Waterhouse clearing conversion.(AKRX) Akorn signs exclusive distribution agreement with Massachusetts biologic laboratories for tetanus diphtheria vaccine.(ARXT) Adams Respiratory Therapeutics enters…
Pre-Market Research Summary (MAR 27, 2007)
ACS cut to Hold at A.G.Edwards.AEM cut to Sector Perform at CIBC.AMGN started as Hold at Citigroup.CHIP started as Buy at Kaufman.CHS raised to Mkt Perform at FBR.CRZO raised to Buy ay KeyBanc McDonald.DNA…
Goldman Sachs Research Summary (MAR 27, 2007)
Opnext (OPXT) started as Neutral at Goldman Sachs; stock up 10% since IPO and Goldman sees 9% more upside to the stock. Earnings estimates INCREASED for Fifth Third Bancorp (FITB) and Kimberly-Clark Corp (KMB).…
DaimlerChrysler Stock Set For A Fall?
Shares in DaimlerChyrsler (DCX) are up almost 35% this year. By contrast, Toyota’s (TM) stock is flat and GM’s is up 5%. Is Daimler really so much better off? Magna International and some private…
Europe Markets 3/27/2007 DaimlerChrysler Up
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe were modestly higher at 5.40 AM New York time. The FTSE was up .4% to 6,315. Barclays was down 1.6% to 730. BP was up 1% to 584. BT…
Nasdaq Short Interest March 2007
Below is the short internest in major companies listed on Nasdaq. The figures are as of March 15, 2007 compared to February 25. Largest Short Positions Sirius 124…
Linux Group Not Very Bright
The licensing group that controls the Linux open-source operating system is intent on crushing a deal between Microsoft (MSFT) and Novell (NOVL). The partnership would allow the two companies to jointly market Windows and…
AT&T Mobile Banking Not Good From Credit Cards
AT&T (T) is launching a program that allows users of its Cingular wireless service to pay bills online. Wachovia (WB) will be the major banking partner. According to Reuters, the deal is a "step…
Media Digest 3/27/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the non-profit open source group that controls most of the Linux code base will try to prevent (MSFT) and Novell (NOVL) from jointly marketing Windows and Linux. Reuters writes that Merck…
Asia Markets 3/27/2007 Hitachi Up
Stocks: (CAJ)(FUJ)(NIPNY)(HIT)(HMC)(NTT)(DCM)(SNE)(TM)(CHL)(CHU)(CN)(PCW)(HBC) Markets in Asia were down The Nikkei fell .9% to 17,365. Bridgestone was off 1.6% to 2400. Canon was off .8% to 6470. Fuji Film was off .4% to 4860. Hitachi was…
Stock Performance From Top to Bottom to Now
From Ticker Sense The S&P 500 has rallied 4.51% since its lows on March 5th. We broke the Index into deciles to see how the stocks that performed the worst during the correction (from…
SLAB: A Higher-end New Product from Silicon Labs
By William Trent, CFA of Stock Market Beat When Silicon Laboratories (SLAB) announced it was selling its handset chip business, we said it left the company with few options. The main one is to…
Chicago Fed Index Indicates Slowdown Still
By William Trent, CFA of Stock Market Beat Thanks to a tip from the West Coast Whiner, we have decided to start following the Chicago Fed index more closely as an economic indicator.Chicago Fed…
AGR: Agere’s Miss Should Have Been Better Anticipated
By William Trent, CFA of Stock Market Beat Agere Systems Updates Second Quarter Fiscal 2007 Revenue Outlook: Financial News – Yahoo! Finance Agere Systems (AGR) today updated its outlook for the second quarter of…
Patient Investors: Take a Look at Amgen
From Chad Brand at Peridot Capitalist As a value investor, it is often easier to find undiscovered or unloved stocks in the small and mid cap universe. After all, bigger companies are well known,…