Big Oil’s Dim Future (XOM)(CVX)(COP)
The cat is out of the bag. As oil prices fall below $60, the first of the Big Oil companies came clean by signalling poor result. Conoco said that its quarterly numbers would be…
All Work
Douglas A. McIntyre
Would GE Have Been Better Off With Nardelli As CEO? (GE)(HD)
If you look at the GE and Home Depot charts since Jack Welch left, HD has actually outperformed GE by a bit. That is not taking into account dividends and GE’s Genworth spin-off, but…
Retail Sales: The Consumer Cuts Back (WMT)(BBY)(GPS)
Retail sales for December put shareholders in companies like Target and Gap on suicide watch. Target same store figures were up about 4%, the low end of expectations. Gap same store sales fell 8%.…
Wal-Mart Sticks By Earnings, Foreign Sales (WMT)
Wal-Mart is sticking with its Q4 earnings projections. Since US sales were poor, it margins must have been spectacular, which is unlikely, or sales overseas in markets like China, were excellent. Assume the latter.…
Cisco Systems Acquires IronPort
Cisco Systems (CSCO) is paying out approximately $830 million in cash and stock to acquire privately-held IronPort Systems Inc. This is another data security play so to speak, as the company is a provider…
Pre-Market Stock News (JAN 4, 2006)
by Jon C. Ogg (AAI) Airtran lowered guidance on EPS to modest loss, but traffic was up 20%.(ACAS) American Capital Strategies filed to sell 6 million shares.(AEOS) American Eagle Outfitters s-s-s beat expectations with…
Analyst & Research Notes (JAN 4, 2007)
by Jon C. Ogg AAPL reitr Outperform at Piper Jaffray.ABB cut to Neutral at Prudential.ALLT started as Outperform at RBC.ASBC raised to Buy at Oppenheimer.BPO started as Buy at Deutsche Bank.DASTY raised to Buy…
Costco Sales Up 9%, Did It Lose Money?
Costco’s (COST) same-store sales rose 9% the last five weeks of the year. Net sales rose 14% for the period to $7.24 billion. Analysts had expected less. Before Wall St. bids the stock up,…
Samsung’s Perfect Cell Phone
Stocks: (SIRI)(XMSR)(T)(VZ) Samsung has actually developed a technology that will allow cell phones to pick up local TV stations. No more YouTube idiot videos or NFL highlights. Consumers can watch the local news or…
Will Pfizer Cut Its Own Throat? (PFE)
Pfizer is raising prices on its drugs an average of about 5% going into 2007. Lipitor, the world’s top-selling drug, will see of price increase of at least that much. After the failure its…
Maybe Blockbuster Should Close Its Stores
Blockbuster (BBI) surpassed all expectations by announcing that its had reached 2 million online users, adding 500,000 since the end of Q3. Netflix (NFLX), the largest online movie rental company, should close the year…
Europe Markets 1/4/2007 Deutsche Telekom, Cable & Wireles Up, BMW Off
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(TRTSY)(UN)(VOD)(BAY)(DCX)(DT)(DB)(SI)(ALU)(AXA)(FTE)(V) Europe market were falling at 5.40 AM New York time. The FTSE was down .8% to 6,268. Barclays was down .6% to 756.5. BP was down 1.2% to 562.5. BT was up…
Media Digest 1/4/2006 Reuters, NYTimes, WSJ, FT, Barron’s
Stocks: (TM)(COST)(NWS)(AMZN)(MOT) The Wall Street Journal writes that Toyota is planning to build another plant in the southern US. It would be the eight such facility in this country. Reuters writest that Costco same-store…
Asia Markets 1/4/2007 Hitachi, NEC Up, Toyota, China Mobile Down
Stocks: (CAJ)(HIT)(HMC)(FUJ)(NIPNY)(NTT)(DCM)(TM)(SNE)(CHL)(CHU)(CN)(PCW)(HBC) Asian markets were mixed with the Nikkei up sharply and the Hang Seng down almost 2%. The Nikkei rose .7% to 17,354. Bridgestone was down .4% to 2645. Canon was off .4%…
On Old Posts and a New Year
From Gannon On Investing I started this blog on Christmas Eve 2005 with this post. So, the blog is now just over one year old heading into 2007. In the weeks ahead, I’ll review…
Leasing Revamp Chugs Forward
From The AAO Weblog It’s been a while since I mentioned the FASB/IASB joint revamp of lease accounting. A quick update: On December 7, the FASB and the IASB announced their selection of members…
Wednesday’s Top Biotech and Medical Stocks
From BioHealth Investor Biotechnology INNCARDIO INC +23.76% CYTOKINETICS +11.50% PIPEX PHARMACEUTICAL +11.30% BIONOVO INC +10.74% MEMORY PHARMACEUTICA +10.25% Diagnostic Substances CYTOGEN CORP +9.44% ICAGEN, INC. +6.93% AVIGEN INC +4.17% EPICEPT CORPORATION +3.50% PONIARD PHARMA…
Indian Generic Drug Maker Targets Sad Americans
From BioHealth I read a very well written article penned recently by Nature staff reporter Erika Check for Wired Magazine. Ms.Check profiles a popular nationalist in India by the name of Khwaja Abdul Hamied,…
Analyzing Ebay (EBAY)
By Yaser Anwar, CSC of Equity Investment Ideas Ebay’s size and business model enables them to generate considerable profits. Over the past four years, Ebay has generated 59% growth in FcF each year, which…
Would SLAB Make a Solid Foundation?
By William Trent, CFA of Stock Market Beat We have written several articles about Silicon Laboratories (SLAB). Although we like the company and its technology, it has often been richly priced. We have also…