Home Depot Earnings: Not A Growth Company Any More
Home Depot’s (HD) sales only rose 4% in the most recent quarter, to $20.27 billion. And same-store sales for the period fell 6.6%. EPS fell from $.60 to $.50. Operating income fell 22%. There…
All Work
Douglas A. McIntyre
Wal-Mart Earnings: Not A Growth Company
Wal-Mart reported its latest quarter today. Earnings rose 9% to $3.94 billion. Revenue was up 11% to $98 billion. The company is relying more and more on international sales, which rose 30% in the…
YouTube Faces Some (Real) Competition
The number of video-sharing sites seems to rise every day. MySpace (NWS) has gotten on board. So has photo site Photobucket. But Google’s YouTube (GOOG) remains the largest. And, several large media companies are…
IRS Wants EBay To Turn On Its Customers
Perhaps the budget deficit is getting too large. The IRS is trying to get Ebay (EBAY) to turn over records on its customers, especially the larger ones, so that the IRS can go after…
Europe Markets 2/20/2006 DaimlerChrysler Down
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe were flat to slightly down 5.25 AM New York time. The FTSE was even with yesterday’s close at 6,444. Barclays was up .2% to 783. BP was down .3%…
Is Palm For Sale?
Engadget is hearing rumbles the Palm (PALM) may be for sale. The argument is that the Treo, one of Palm’s key products is doing OK in the US but not overseas. And, the iPhone…
Media Digest 2/20/2007 Reuters, WSJ, NYTimes, Barron’s, FT
According to Reuters, Sirius (SIRI) will by XM (XMSR) for $4.6 billion in stock. Reuters writes that EMI Music has been approached by Warner Music (WMG) about a possible merger or buy-out. Reuters reports…
Asia Markets 2/20/2007 KDDI, Docomo Up
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)NTT)(DCM)(SNE)(TM) Most markets in Asia were closed for holidays and the Nikkei was flat. The Nikkei stood at 17,939. Bridgestone was down .6% to 2565. Canon was down .2% to 6620. Fuji Film…
Wireless Exec Pans iPhone
Telstra owns the wireless business in Australia. Since the Apple (AAPL) iPhone may not make it to that market for years, the management at the company does not have much of an axe to…
If Oil Gets Much Harder To Find, How Can It Stay Below $100?
The consultants at Wood Mackenzie say that finding new supplies of oil fifteen years from now will be much more expensive and will also require means more likely to harm the environment. According to…
Boeing: Just When It Was Safe To Go Back In The Water
Boeing has rewarded investors handsomely as it has been rival Airbus nearly to death. The 777 Dreamliner and the new 747-8 have picked up orders that Airbus needed for products like is super-jumbo A-380.…
Another Problem With Keeping Citi Costs Down: It Needs More Branches
Poor Charles Prince. He is being threatened by the press, his largest shareholder who he recently visited in Saudi Arabia , and anyone else who is looking for the next whipping boy CEO to…
SNDK: SanDisk Cutting Everything That Doesn’t Count
By William Trent, CFA of Stock Market Beat Now that we’re finally being proven correct in our semiconductor oversupply thesis, it is fair to start wondering when we will close out the trade, metaphorically…
ANF: Abercrombie and Fitch Board Members Don’t Want to Sue Themselves
By William Trent, CFA of Stock Market Beat Ah, those press releases issued after everyone’s gone home for a holiday weekend. In this case, it comes from Mid Cap Watch List and Large Cap…
Oil Outlook- Part 2: Demand Side
By Yaser Anwar, CSC of Equity Investment Ideas Last week I talked about Oil Outlook- Part 1: Supply Side. This week, I’ll be talking about the ‘Demand Side’ and issues affecting it. To understand…
S&P 500 “Top 25” and “Bottom 25” Lists
From Ticker Sense Over the next couple of days, we will be highlighting the best and worst of the S&P 500 based on numerous categories. For our first installment, we take a look at…
JetBlue Airlines (JBLU)
From The Stock Masters JetBlue Airlines (JBLU) has been all over the news lately. Today marked day six of a continuing scheduling nightmare at Kennedy Airport that began after a Valentine’s day storm that…
Short week so what to expect?
From The Stock Masters Good article on TheStreet.com highlighting what to expect during this short 4 day week. The consumer-level inflation report comes out and reporting earnings this week includes: Abercrombie & Fitch (ANF),…
FCC Could Block Sirius Merger With XM
Sirius (SIRI) and XM (XMSR) today announced that the companies would merge in a combination that would give each company’s shareholders 50% of the new firm. The merger has one huge hurdle, the FCC.…
Is A Successful Future For AT&T A Lost Cause?
Given its size and huge customer base, AT&T’s (T) future as a successful public company faces challenges that the firm may not be able to overcome. It has three businesses. One, its land line…