Cramer Thinks Sears is the Beneficiary of the Fortress IPO
On tonight’s MAD MONEY on CNBC, Jim Cramer said that the biggest winner from the coming Fortress IPO is Sears Holdings (SHLD). Here is why he thinks this: You might think of it as…
All Work
Douglas A. McIntyre
Broadcom Reaction After Guidance
Broadcom Corp. (BRCM-NASDAQ) expects first-quarter revenue of between $890 million and $900 million, according to acting Chief Financial Officer Bruce Kiddoo in a conference call after earnings. Wall Street is expecting $900 million in…
Energy Conversion Devices Shows Risks in Alternative Energy
Energy Conversion Devices (ENER-NASDAQ): The company reported a net loss of $2.9 million (or $0.07 per share) on revenues of $22.9 million in the second quarter of fiscal 2007. We could discuss estimates, but…
Vista’s Tail
Microsoft (MSFT) Vista may not single handedly save the flagging US PC business, but at least it is off to a good start. According to Current Analysis research, sales of PCs rose 173% the…
Broadcom Reports ‘Clean’ Earnings
Broadcom (BRCM-NASDAQ): Net revenue for the fourth quarter of 2006 was $923.5 million, an increase of 2.3% sequentially and 12.5% year over year. GAAP net income was $45.1M and $0.08 EPS, but non-GAAP was…
DivX Mixed Results
DivX (DIVX-NASDAQ) has shown that licensing media compression players is not a bad model at all, although the gains in after-hours turned into losses in a hurry. The company posted 80% revenue growth for…
Cramer Talks More on Subprime Lenders
On today’s STOP TRADING segment on CNBC, Cramer discussed the subprime sector from New Century (NEW) and from the extra fallout in HSBC (HBC). Cramer said HSBC had really lowered standards, and the New…
How Many Days Can Microsoft Drop?
How many days in a row can Microsoft drop? If you have been around since before 2000 when the tech bubble burst, you know the answer to this can be a painful one. Since…
Cramer Talks on Lender Problems & Retail Winners
Stock Tickers: HBC, NEW, LEND, JCP, RL, JWN, FD, SKS On today’s Wall Street Confidential video on the TheStreet.com, Jim Cramer was on discussing retailers and lenders. HSBC (HBC) is bringing lenders down (HBC…
Sirius Paid Howard Stern $302 Million
Forbes says that Sirius Satellite Radio (SIRI) paid Howard Stern $302 million in 2006. That is a good deal more than Jay Leno or David Letterman. The difference is that they make CBS (CBS)…
A Crude Update
From Ticker Sense As we noted yesterday, the $60 mark for crude is a key price level. Unfortunately for oil bulls, the commodity was unable to break above the top of its downward channel,…
24/7 Wall St. 2007 Break-Up Values: Fedex $130 (Current Price $114.20)
By Ryan Barnes. Edited By Douglas A. McIntyre FedEx Corp. (FDX) – Price $114.20); Break-up Value $130 FedEx obviously dominates in the international air freight space, and given the high capital costs to operate…
NBC Bashes YouTube
According to TechCruch, the new head of NBC Universal (GE) is going after YouTube (GOOG) for lacking proper filtering technology. But, YouTube is not doing it. Why? The TechCrunch theory is that YouTube cannot…
Analyst Double Speak On Apple (AAPL)
Goldman Sachs took Apple (AAPL) off of its prized "conviction buy list". The reason according to MarketWatch is that the stock may be subject to "negative speculation" between now and the mid-year launch of…
Same Store Silliness (WMT)(TGT)(CC)(COST)
No one is likely to be happy with all of the same-store sales coming from the big retailers. Wal-mart (WMT) said its sales in February would be up 1% to 2%. After a decent…
McDonald’s: A Burger In Every Pot
"A chicken in every pot, a car in every garage" — Herbert Hoover McDonald’s (MCD) global same store sales rose 4.9% in January as the huge fast food company continues its mad run. With…
Level 3 Lays An Egg (LVLT)
A number of analysts thought Level 3 should trade closer to $5 than its current $6.57. It seems that they may get their wish. The company announced earnings and EPS was below expectations, about…
Sun (SUNW) Spots
Morningstar carries a "fair value estimate" on Sun Microsystems (SUNW) of $4.50. The research firm says that investors should consider selling the stock at $5.40. That’s pretty harsh. The stock currently trades at $6.59.…
Qwest (Q) In Nowhere Land
Qwest made a profit in Q4. But, its revenue rose .2% to $3.488 billion. It picked up some broadband subscribers, but lost landline customers. While high-speed internet customers rose 44% over the same period…
24/7 Wall St. 2007 Break-Up Values: Anheuser-Busch $56 (Current Price $50.25)
By Ryan Barnes. Edited By Douglas A. McIntyre Anheuser-Busch (BUD) – Price $50.25; Break-up Value $56 Anheuser-Busch has already won the battle to be the largest beer company in the world, hands down. Sales…