What happens when a high-multiple and high-beta stock that has been a high-flyer misses or pre-announces light earnings and revenues? They get crushed. Note Rackable Systems (RACK). Rackable came clean and is projecting a…
Don’t tell the car industry about oil dropping from $78 a barrel to $52. They aren’t buying it long-term. A survey of 100 power-train experts, including CEOs, by University of Michigan Transportation Research Institute…
Intel (INTC) reported earnings at $0.26 EPS and $9.7 Billion in revenues. It was expected to post $0.25 EPS & $9.45 Billion, although whisper numbers had this a tad higher than estimates since the…
I briefly noted that on CNBC’s STOP TRADING segment that Cramer said Bank of America (BAC) may be telegraphing that they are going to buy someone. He said the equivalent of, "Please Don’t Do…
On today’s STOP TRADING segment on CNBC, Jim Cramer was outsaying Ken Heebner was right on real estate. He talked about SL Green (SLG) and CB Richard Ellis (CBG) after KenHeebner was talking them up. Cramer…
Wall St. may have lost track of the fact that Motorola (MOT) is really three large business under one roof. Of the $42 million in revenue that the company is likely to have in…
After tomorrow’s close we’ll get to see how Apple’s quarter turned out, but more importantly we’ll get a first look at the guidance ahead that includes the previously unincluded numbers for the Apple set-top…
On today’s video from TheStreet.com, Cramer said he is sick of the Symantec (SYMC) story as "one that is coming" and he said it is only going to get worse. It reminds him of…
During December, Yahoo! (YHOO) had 131.4 million unique visitor in the US. The Time Warner (TWX)Network finished second with 121 million unique followed by Microsoft (MSFT) at 116.5 million and Google (GOOG) at 112.8…
Holiday e-commerce spending rose 26% over 2005. Online luxury goods sales went wild.Traffic to the website for luxury retailer Coach (COH) rose 25%. Watch company Fossil had a 56% increase in traffic. In the…
By William Trent, CFA of Stock Market Beat Samsung posts strong Q4, drops 2007 capex – 1/12/2007 – Electronic News Samsung has dropped its capex for the coming year. The company said that it…
The Associated Press recently went to great lengths to describe all of the reasons that Cisco (CSCO) would do well in the coming quarters. Increased traffic over the internet due to video and VoIP…
Goldman Sachs this Nokia (NOK) has been bombarded by too much bad news. When Motorola guided downward for the last quarter and said that margins were under pressure from lower cost handset, Nokia’s shares…
Herzfeld Caribbean Basin Fund Inc. (CUBA-NASDAQ), a closed-end investment management company perceived as an investor play and trading instrument that would benefit from the ropening up of Cuba, shares are up 17% out of…
Symantec, the security software company, said that it was lowering its expectation for the quarter ending December 29. The estimate for the current quarter was not so hot either. The news took down Symantec’s…
Landry’s Restaurants, Inc. (LNY) has announced today that it has sent a letter to Smith & Wollensky Restaurant Group, Inc. (SWRG) offering to acquire Smith & Wollensky Restaurant Group for $7.50 per share in…
Cisco Systems Inc. (CSCO) was downgraded to Neutral from Buy at Banc of America Securities, due primarily to valuation. Analyst Tim Long noted that Cisco’s business might currently be as good as it gets…
J.P. Morgan Securities upgraded both satellite radio providers XM Satellite Radio Holdings Inc. (XMSR) and Sirius Satellite Radio Inc. (SIRI) to "Overweight" ratings from "Neutral." The report is citing subscriber growth rates for 2006…
(ALTR) Altera signed GE veteran Timothy Morse as its new CFO.(AMTD) TD Ameritrade trading up 4% pre-market as earnings rose 13%.(ANPI) Angiotech Pharm says its appeal to reverse a previous decision was denied.(ARDM) Aradigm…
ATR started as Buy at Merrill Lynch.AVZ raised to Outperform at CIBC.CDWC cut to Market Weight at Thomas Weisel.CEP started as Outperform at Wachovia.CEPH raised to Overweight at JPMorgan.COF reitr Buy at Jefferies.CSCO cut…