Reuters Rumor Alert: Will GM Buy Chrysler?
Reuters is reporting the GM (GM) may have been in talks with DaimlerChrysler (DCX) about buying the Chrysler Group. Few deals would make more sense and GM battles Toyota (TM) for the place as…
All Work
Douglas A. McIntyre
Cramer on Applebee’s & A Fed Rate Cut in MAY
On todays Wall Street Confidential video on TheStreet.com Cramer said that Bernanke’s verbage today is laying the groundwork for what may be a fed cut in May. On Chrysler: The demand for autos is…
Is Halliburton’s Discount Warranted?
By Chad Brand of The Peridot Capitalist As energy investors are aware, shares of Halliburton (HAL) have been trading near historically low valuations for much of the recent past. I have largely dismissed the…
Top Rated Analysts Change Opinions on NDAQ
From Ticker Sense For people who watch and monitor analyst actions, today we had a relatively rare event occur. The two analysts (as tracked by Bloomberg) with the best track records on Nasdaq (NDAQ)…
Blank Check IPO Filing: Inter-Atlantic Financial
Another blank check company has also filed to come public via an IPO today. Inter-Atlantic Financial has filed to sell 7.5 million units at a propsed $60 million capital raise, but the IPO filing…
JMP Securities’ Parent Files for IPO
JMP Group, a boutique investment banking firm and asset manager in San Francisco, has filed to come public via an IPO this morning. It has listed its own JMP Securities, Merrill Lynch, and Keefe…
CheckFree Pays Too Much For Corillian
CheckFree (CKFR) agreed to buy online bank software provider Corillian (CORI) for $245 million, or $5.15 a share. Someone must not be thinking clearly. In the most recent quarter CORI did revenue of $16.4…
Ciena: Multiple Upgrades (CIEN)
As The Wall Street Journal pointed out today, being in the optical capacity business these days does not get any better. Video and data needs are driving demand for upgraded infrastructure through the roof.…
Coke Still Bubbles (KO)
Coke had a good quarter. Revenue rose 7% to $5.93 billion. The WSJ said that investors expected $5.78 billion. The really impressive growth came from overseas Unit case volume was up 6% outside the…
The Next Version After Vista: Vienna (MSFT)
Word has been circulating for several days that Microsoft (MSFT) is already well along in work on the OS that will come after Vista. Steve Ballmer has promised that future Windows versions will not…
Full Research Notes (FEB 14, 2007)
ACS raised to Outperform at RBC and raised to Neutral at Credit Suisse.ADLR started as Outperform at FBR.AMAT raised to Buy at First Albany.APPB raised to Buy at Jefferies.BSCraised to Outperform at Credit Suisse.BWLD…
Pre-Market Stock Notes (FEB 14, 2007)
(ABAX) Abaxis announces distribution agreement with Cardinal Health.(ALTR) Altera guided Q1 sales slightly lower; but $0.30 EPS vs $0.25e.(AMAT) Applied Materials now indicated up almost 5% after beating earnings.(ASML) ASML Holdings said it will…
Goldman Sachs Analyst Summary (FEB 14, 2007)
1-800-FLOWERS.Com (FLWS-NASDAQ) cut to Sell at Goldman Sachs.HSBC (HBC-NYSE/ADR) cut to Sell at Goldman Sachs.VeraSun Energy (VSE-NYSE) cut to Sell at Goldman Sachs. Goldman Sachs raised estimates on Applied Materials (AMAT), Atmos Energy (ATO),…
Nvidia’s Bad News (NVDA)
Nvidia (NVDA) had a hell of a quarter. Then the CFO said revenue would decline quarter-over-last-quarter. For the quarter ending in January, both earnings and revenue rose. The topline hit $879 million up from…
Europe Markets 2/24/2007 DaimlerChrysler Up Almost 5%
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe were slightly higher at 6.40 AM New York times. The FTSE was up .1% to 6,385. Barclays was up .7% to 780.5. BP was up .1% to 535. BT…
Detroit Ostrich Farm: Building What Customers Want?
A week ago, the head of car mega-dealer AutoNation, called on Detroit to build cars configured the way that customers want them. The big dealer’s concern is that American car companies design vehicles for…
Is Chrysler Being Repaired Or Sold
Reuters says that the German media Handelsblatt and Frankfurter Allgemeine Zeitung are reporting that DaimlerChrysler (DCX) is seriously considering spinning off its troubled Chrysler unit. The report goes so far as to say that…
Qualcomm’s Dangerous Bet
Qualcomm (QCOM) has told the delegates at the huge 3GSM World Congress that the company’s legal battle with its largest customer Nokia (NOK) will continue. According to BusinessWeek: "Should Nokia refuse to sign the…
Suits Against Google News Will Disappear
The BusinessWeek headline reads "Belgian Court Deals Google A Bombsheel". Hardly. A court in Belgium has ruled that Google (GOOG) needs to take down news titles and summaries that are covered by copyright and…
Has Sony Won The HD DVD War?
Engadget reports that Sony (SNE) is declaring victory in the war between the new Blu-Ray and HD DVD. Sony claims that disk sales for its Blu-Ray platform were 2-to-1 better than the competing format.…