As Vista Comes To Market, Shorts Flee Microsoft
The short interest in Microsoft fell in February by 30.3 million shares to 78.2 million, a big drop. Investors must have decided that betting against Vista and Xbox was a bad idea. Although Microsoft…
All Work
Douglas A. McIntyre
Home Depot’s Gloomy 2007 Forecast
Home Depot (HD) obviously does not think the housing market is going anywhere good in 2007. In its forecast for the year, it says its own revenue will grow by zero to 2%. EPS…
15 Stocks Management Can’t Fix: Qwest
There are certain companies that probably cannot be turned around no matter who runs them. They tend to be in industries where macro-economic trends are against them, like the buggy whip business 150 years…
Nasdaq Short Interest For February 2007
Below is the short interest is certain stocks listed on the Nasdaq as of February 15,2007. Comparisons in positions are made to those as of January 12, 2007. Largest Short Positions Sirius …
DJIA Seventh Largest Point Decline
From Ticker Sense Today’s 416 point decline in the DJIA represents the seventh largest point decline in its history. It also ends a streak of 1098 trading days without top ten point gain or…
Europe Markets Off At 5 AM New York Time
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe were off sharply at 5 AM New York time. The FTSE is down 1.5% to 6,195. Barclays is down 2.8% to 746.5. BP is off .7% to 531. BT…
News Digest 2/28/2007 Reuters, WSJ, NYTime, FT, Barron’s
According to Reuters, Australia’s Centro Properties Group has agreed to buy New Plan Excel Realty Trust for about $3.4 billion in cash. Reuters reports that mutual fund investors are preparing for a significant drop…
RadioShack 4th Qtr Earnings; Still Bleeding, Just Not Hemorrhaging
RadioShack released fourth quarter and year-end earnings today, and it was a perfect example of leaping over a bar that may have been set just a tad too low. For the fourth quarter, the…
Delving into Durables
By William Trent, CFA of Stock Market Beat January durable goods orders tumble 7.8 percent – Yahoo! News New orders for U.S.-made durable goods fell by a much sharper-than-expected 7.8 percent in January as…
XRX: Xerox Does The Right Thing, It’s Time for Analysts to Follow Suit
By William Trent, CFA of Stock Market Beat When we recently criticized Xerox (XRX) for it’s practice of taking restructuring charges in each of the last seven years while suggesting investors treat them as…
CHRW: CH Robinson Worldwide
By William Trent, CFA of Stock Market Beat We’ve always felt that the non-asset based transportation names were the ones to watch. Now it’s official, as anyone who benchmarks performance against the S&P 500…
VZ: Verizon-Alltel Buyout Rumors Long on Hype, Short on Details
By William Trent, CFA of Stock Market Beat Here’s the rumor. Verizon to Become Largest National Carrier by Swallowing Alltel (Mobile Magazine): The CDMA landscape in the United States may be set for a…
PCG: PG&E Gets Credit
By William Trent, CFA of Stock Market Beat Large Cap Watch List member PG&E CORP (PCG) filed a Form: 8-K detailing changes to its credit facilities: The Restated Utility Credit Agreement increases the aggregate…
PNCL: Pinnacle Earnings a Mixed Bag
By William Trent, CFA of Stock Market Beat Small Cap Watch List member Pinnacle Airlines Corp. (PNCL) reported earnings: Pinnacle Airlines Corp. (NASDAQ: PNCL) (”Pinnacle” or the “Company”) today reported fourth quarter 2006 earnings…
AZO: AutoZone
By William Trent, CFA of Stock Market Beat Large Cap Watch List member AutoZone, Inc. (AZO) reported earnings: AutoZone, Inc. (NYSE:AZO) today reported net sales of $1.300 billion for its second quarter (12 weeks)…
Special Report: Market Breadth, Yen Carry-Trade & The Trades
By Yaser Anwar, CSC of Equity Investment Ideas The extreme market conditions warrant a special report that talks about: 1) Market Breadth, 2) Yen Carry-Trade & 3) The Trades (if a correction ensues) It…
No Gambling Online! Just Everywhere Else
From Internet Outsider The WSJ on the destruction of the former online gambling giant, BetonSports, as well as the Houdini-act of its fugitive founder, Gary Kaplan, whose whereabouts are "unknown." Based on some of…
Tuesday’s Top Biotech & Medical Stocks
From BioHealth Investor Biotechnology CURAGEN CORP +12.36% REPLIDYNE, INC. +5.98% INSMED INC +4.76% LPATH INC +3.85% POLYDEX PHARM LTD +3.31% Diagnostic Substances GENELABS TECH INC +0.57% AVIGEN INC +0.29% Drug Delivery All stocks were…
Generic Companies Hoping MedImmune Solves Bottleneck Problem
by Aaron F. Barkoff We reported last month on a new declaratory judgment action that Apotex filed against GlaxoSmithKline (GSK) in the Eastern District of Virginia. In its complaint, Apotex alleged that Glaxo’s listing…
Florida: the Next Biotech Hub?
From BioHealth Investor On the front page of the Tuesday edition of Investors Business Daily, Reinhardt Krause wrote a great article on the expansion of the biotechnology boom around the U.S. California and Boston,…