Michael Mauboussin on M&A
By David Polonitza Over the past 12 months, the M&A landscape has been more active than in almost any other period of time. While some might point to this trend as being an excellent…
All Work
Douglas A. McIntyre
CME Earnings
From Ticker Sense CME is trading down almost $18 this morning after reporting EPS which were 7 cents short of analyst forecasts. On a percentage basis however, the stock is only down about 3%. …
Winning and Losing Streaks; Is CVH Due for a Bounce?
From Ticker Sense Below is a list of the S&P 500 stocks that have been up or down the most consecutive days. Coventry Health Care (CVH) is one that currently stands out. It has…
The Altria Mystery: Split Up Or Acquire?
It is very old news that Altria (MO) will spin off its Kraft (KFT) food operations to the public. But, there is much debate about what happens next. Recent comments in the Financial Times…
GM Better Than Expected?
Calyon, a research and banking arm of Credit Agricole, believes that GM only burned through $500 million in cash in its automotive operations in Q4. That would be better than most Wall St. expectations.…
Break-Ups Values: Apple And Disney
24/7 Wall St. is preparing break-up values for several dozen companies that have market caps of $10 billion to $100 billion. The larger number is considered to be the high water mark of what…
24/7 Wall St. 2007 Break Up Values Disney $39+ (Current Value $34.70)
By Ryan Barnes. Edited by Douglas A. McIntyre Disney Corporation (DIS) $39 It is an exercise in irony to conduct a breakup analysis on Disney now, when they are finally executing on their strategy…
24/7 Wall St. 2007 Break Up Values: Apple $84 (Current Price $86)
By Ryan Barnes. Edited by Douglas A. McIntyre Apple Computer (AAPL; $85.94, breakup value $84) Apple is another company that would likely never be split up; it receives a premium in the market because…
Verzion And AT&T Put On The Boxing Gloves
Verizon (VZ) and AT&T (T) have been losing land line customers for a long time now. The old customers move to VoIP from the cable companies, or they just get a cell phone and…
Intel Take AMD Server Share
For the first time in a long time Intel (INTC) picked up a lot of share in the server market, at the expense of AMD. Mercury Research issued its report on Q4 activity of…
Goldman Sachs Research Excerpts
The big turnaround call out of Goldman Sachs today is RadioShack (RSH-NYSE). It was raised from Neutral to Buy and next year fiscal EPS estimates are $1.20 instead of $0.95. Goldman believes the stock…
Delta Air Lines Secures $2.5 Billion Exit Financing (Note ‘Standalone’)
Delta Airlines (DALRQ-NASDAQ/OTC) has announced this morning that it secured a $2.5 Billion exit financing facility, making it one step closer to exiting bankruptcy in spring as a strong well-capitalized standalone carrier. Six institutions…
Pre-market Analyst Calls (JAN 30, 2007)
AEL started as Buy at Citigroup.ATRS cut to Hold at Deutsche Bank and cut to Neutral at SunTrust Robinson Humphreys.CCU cut to Neutral at B of A.EROC cut to Mkt Perform at Wachovia.FRT raised…
Pre-Market Stock Notes (JAN 30, 2007)
(AEP) American Electric Power $0.38 EPS vs $0.37e.(ALTH) Allos Therapeutics priced 9 million shares at $6.00.(AMGN) Amgen noted as fallen angel that can be bought by Cramer on MAD MONEY.(BDK) Black & Decker $1.38…
Sony Steps From The Shadow Of Playstation
Sony’s (SNE) quarterly results had one overwhelming message. Consumer electronics and handsets are the future of the company. Playstation is moving toward the background. Sony’s operating profit dropped 15% to $1.5 billion, but revenue…
Microsoft Turns It Guns On Google
Microsoft (MSFT) has had enough of Google’s (GOOG) success and plans to do something about it. MSFT CEO Steve Ballmer claims that his company is the world’s No.3 seller of online advertising and has…
Europe Markets 1/30/2007 Vodafone Down, Siemens Up
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 slightly at 5.15 AM New York time. The FTSE was down .3% to 6,222. Barclays was flat at 751. BP was down .2% to 537.5. BT was…
Media Digest 1/30/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Microsoft (MSFT) rolled out the consumer version of its new Vista OS with a marketing blitz across 70 countries. Reuters writes that Sony’s (SNE) Q3 profit was down on sales of…
Asia Markets 1/30/2007 Sony Down, China Mobile Up
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(SNE)(TM)(CHU)(CHL)(CN)(HBC)(PCW) Markets in Asia were higher The Nikkei rose 1% to 17,490. Bridgestone was flat at 2635. Canon was down 1.7% to 6390. Fuji Film was up 2.1% to 4790. Hitachi was down…
What is the Sign of The Cross?
From Ticker Sense From time to time in our posts we have mentioned the technical term golden cross and its counterpart the iron cross. For those who are unfamiliar with the term, a golden…