Alcatel-Lucent Rises From The Grave
Last weak, Goldman Sachs said Alcatal-Lucent revenue was in "free fall" due to management’s inability to properly manage the merger of the two telecom equiment markers. The ALU stock was at $15.28 in January,…
All Work
Douglas A. McIntyre
Boston Scientific Bad Hair Day: Stent Applications Narrow
A new, very large test, shows that bare-metal stents barely work in patients with chronic chest pain who have their heart disease managed with medicine. Boston Scientific needs stent use to continue to rise…
Pfizer Gets Bitten
Life does not get any easier for Pfizer (PFE). Forget generics. Now other drug firms are ganging up on them. Merck (MRK) and Schering-Plough are going to offer drug that combines their cholestoral drug…
Analyst Research Summary (MAR 26, 2007)
ACS cut to Hold at Jefferies.BEC cut to Mkt Perform at Piper Jaffray.BID raised to Strong Buy at JMP Securities.CVTX cut to Sell at Deutsche Bank.DELL raised to Buy at Goldman Sachs.HNAB cut to…
Europe Market Report 3/26/2007
Markets in Europe were narrowly mixed at 6.35 AM New York time. The FTSE was up.2% to 6,350. Barclays was down 1.8% to 744. BP was up 1.1% to 547.5 BT was down .1%…
What If Citi Gets Sold?
There are several big banks that might like to have Citi’s (C) consumer bank network in the US and abroad. HSBC (HBC) comes to mind. So do BNP Paribus and UBS. The investment banking…
Cutting $1 Billion Is Not Enough For Citi
Citigoup (C) is about to announce that it will cut 15,000 jobs and take a $1 billion charge. For a company that watched expenses rise $7.4 billion last year, it is a drop in…
Can GE Dump Its Albatross?
Late word is that Saudi Basic, the big petrochemical company may buy GE Plastics fro $12 billion. Private equity firms looked at buying the unit, but there were concerns that the US government saw…
Media Digest 3/26/2007 Reuters, WSJ, NYTime, FT, Barron’s
According to Reuters, UPS is launching a service that will allow customers to re-route packages while they are in transit. Reuters writes that Intel (INTC) has made a final decision to build at $2.5…
A Make or Break Week for Dendreon (DNDN)
Dendreon(DNDN-NASDAQ) is going to be one of "THE TOP ISSUES" this week. The company will have and FDA review panel on Thursday, and you should just expect that if you are an active trader…
Asia Markets 3/26/2007 Cathay Pacific Down
Markets in Asian were slightly higher. The Nikkei rose .2% to 17,522. Bridgestone was up down 1.6% to 2440. Canon was down .9% to 6520. Fuji Film was down .2% to 4880. Hitachi was…
Commens From The Stock Masters
Yesterday the finger pointing over the Subprime headache took a turn for the worst when U.S. Senators accused the Federal Reserve and its former chairman, Alan Greenspan, of a "pattern of neglect" that fostered…
The Monday Edition: (1) Europe (Econimics, Earnings, Bonds & Trade) -(2) Insider Buying & (3) Retail Sales
By Yaser Anwar, CSC of Equity Investment Ideas This week I’d like to talk about: 1) Europe ‘s: Economics (mixed signals), Earnings (utilities look strong), Bonds (steepening curve), 2) Insider Buying (L-3 worth noting) and…
Apria Healthcare: Synchronizing Revenues With Services
From AAO Weblog Finally, a “normal” sort of SAB 108 adjustment… normal, at least, in the context of what you’d expect. Home healthcare provider Apria Healthcare Group went the cumulative-adjustment group in their 10-K…
IBD Weekly Top Ranked Medical Stocks
The following list represents the top ten medical stocks ranked according to Earnings Per Share and Relative Strength by Investor’s Business Daily (3/24/07) scores out of 100 (last week’s rank, change in score): 1(1)…
BGI to Launch Private Equity ETF
From World Beta Investors can’t seem to get their fill from the private equity fountain. . . The magazine cover indicator(see below for description) would be screaming to get out of private equity right…
Russia? Think Again
By Vitaliy Katsenelson, CFA As you look at the high-flying Russian stock market, you may feel like you want some of it. But before you dive into Russia consider this: as it is, Russia…
Hester: Why High Profit Margins Are Bad News For Stocks
From Investment Intelligencer Bullish market seers often point to today’s big profits when arguing that there are great things to come. Because today’s big profits are due to today’s record-high profit margins, however, they…
Blackstone IPO Says the Markets Have Peaked For Now
Submitted by CrossProfit Actually it is a trifle more complicated than that. Private equity at first was a way for the wealthy to invest differently than the common man. The ideas was to find…
Additional Dendreon Data Ahead of its Provenge FDA Review
I have received comments on Dendreon (DNDN-NASDAQ) for this week that are both positive and negative on how well its Sipuleucel-T (Provenge) is thought of ahead of the FDA panel review this week. This…