Amgen Treated Like a Normal Drug Stock
Amgen (AMGN-NASDAQ) posted EPS of $0.90, but $0.71 on GAAP EPS. Revenues were $3.73 Billion versus $3.7 Billion estimates. Revenues are projected for $15.4 to $16 Billion for 2007 and adjusted EPS put for…
All Work
Douglas A. McIntyre
Alsin Touts Georgia Gulf, Gateway, 1-800-Flowers
Stock Tickers: BBI, GGC, GTW, FLWS Arnie Alsin, founder of Alsin Capital Management managed to move several stocks today when he appeared on CNBC around 3:00 PM EST. Normally just a "portfolio manager getting…
Cramer Defends Bruswick (BC)
On today’s STOP TRADING segment on CNBC, Jim Cramer has a was talking about the drop today. On Polaris (PII) with it up almost 2% on its buybacks, on Bronswick (BC) with it up…
American Stock Exchange May Soon Be Public
Stock Tickers: NYX, NDAQ, NMX, ICE, CME The American Stock Exchange has been a laggard in the close nit exchange circles for longer than most could think of and it hasn’t been very well…
Bill Miller Writes About the End of “The Streak”
By Chad Brand of The Peridot Capitalist If you have read about my investment philosophy on peridotcapital.com you will see that I refer to Bill Miller (manager of Legg Mason Value Trust) in comparing…
Nintendo: Would You Like Some News With That Video Game?
In a sign that the video game craze may be getting out of hand, Nintendo will begin offering a free Associated Press news feed to its new Wii gaming platform. Who is going to…
Are Dell’s Shares Still Too High?
Bank of America dropped its price target on Dell (DELL) from $29 to $28 today. Call it a rounding error. The reasons were that sales to corporate customers, the core of Dell’s business, have…
Sony PS3 Sales Going Nowhere
It looks like the analysts at Bank of America has been running around to consumer electronics stories to check Playstation 3 sales. Their conclusion: Bank of America’s Michael Savner this morning says recent checks…
Oil vs. Interest Rates
From Ticker Sense Some of our readers have asked us if there is any relationship between the price of oil and short term interest rates. Namely, do declines in the price of oil foreshadow…
PCAOB Report: What Auditors Miss
From AAO Weblog Upfront disclosure: the PCAOB is a subscriber to The Analyst’s Accounting Observer. (But that doesn’t mean I know any more about them than you.) The PCAOB issued an unusual kind of…
Equity Office Bid Hike Makes Office Values Reach the Sky
Equity Office Property (EOP) is up another 3% at $54.35 on an even higher bid of $54.00 cash from the Blackstone Group. Blackstone is raising its bid by 11% from the $48.50 and is…
Pre-Market Analyst Calls (JAN 25, 2007)
AMD cut to underperform at Credit Suisse; maybe yesterday call, but that may have the worst value of any downgrade out there.ANF raised to Buy at B of A.BBY raised to Buy at B…
Pre-Market Stock Notes (JAN 25, 2007)
(ABI) Applied Bio $0.37 EPS vs $0.34e.(AGR/a) Agere $0.19 EPS vs $0.21e; sees same earnings in Q1.(BAX) Baxter $0.66 EPS vs $0.62e.(BMY) Bristol-Myers $0.19 EPS vs $0.16e.(COL) Rockwell-Collins $0.84 EPS vs $0.76e; unsure if…
Fort Apache Detroit
Edmunds, the car research firm, comes out with projections of US monthly vehicle sales a few days before the car companies announce. The numbers are usually pretty good. Domestic sales are expected to be…
Goldman Sachs Research Summary (JAN 25, 2007) (part 1)
Earnings estimates raised on AngloGold (AU), Newmont Mining (NEM), Paraxel (PRXL), Affiliated Managers (AMG), Unisys (UIS), Air Products (APD), Praxair (PX), Ethan Allen (ETH), ConocoPhillips (COP), Tidewater (TDW), AllianceBernstein (AB), Radian (RDN), Cubist Pharma…
Ford’s Awful Numbers: Getting Smaller Won’t Work
Ford’s (F) fourth quarter report was nothing short of a disaster. The company lost $5.8 billion. Excluding restructuring costs, the number was $2.1 billion. Worldwide automotive revenue for the quarter were $36 billion down…
Europe Markets 1/25/2007 Vodafone, Simens Up, 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 up a fraction at 6.45 AM New York time. The FTSE rose .1% to 6,321. Barclays was up .6% to 762.5. BP was up .1% to 549. BT…
Ebay: Spin Off PayPal
Ebay’s numbers in the latest quarter were good. Very good. The on line auction company even raised its estimates for 2007 for a revenue range of $7.05 billion to $7.3 billion. This means the…
Nokia Proves It Isn’t Motorola
Nokia (NOK) showed increases in revenue and profits for the last quarter of 2006. Sales rose 13% to 11.7 billion euros and net income was up 19% to 1.27 billion euros. Handsets shipped in…
Netflix Still Needs Internet VOD
NetFlix (NFLX) has already announced that it will make movies available over the internet, for free. As long as you are a subscriber to the company’s DVD-by-mail core business. The video rental company’s revenue…