Sirius Satellite Radio (SIRI) said that it finished 2006 with 82% more subscribers than in the previous year, in-line with the company’s recently lowered projection. It grew from 3.3 million subscribers in 2005-end to…
Home Depot (HD) announced that Bob Nardelli has mutually agreed with the company to step down as Chairman and CEO of Home Depot. If you will recall, Mr. Nardelli was one of the TOP…
by Jon C. Ogg AER started as Outperform at Wachovia.AMAT cut to Sell at Goldman Sachs.AMD cut to Sell at ThinkEquity; AMD cut to Sell at Goldman Sachs.AMZN cut to Sell at Citigroup.APPB cut…
by Jon C. Ogg (AGYS) Agilysys selling unit for almost $500M to Arrow Electronics.(AMLN) Amylin received FDA Approval with Lilly on Byetta.(ALVR) Alvarion CFO is leaving in Q2. (CANI) Carreker gets $206M acquisition offer…
If it were not enough that Qualcomm (QCOM) is fighting with its largest customer Nokia (NOK) and it is in litigation with its rival Broadcom (BRCM) and Texas Instuments (TXN) has filed an antitrust…
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DT)(DB)(SI)(ALU)(AXA)(FTE)(V) Markets in Europe were narrowly mixed at 6.10 AM New York time. The FTSE was down .1% to 8,303. Barclays was up .7% to 781. BP was down .3% to 570.5. BT…
Wal-Mart has decided that it will use computers to match store traffic to the number of workers it has in its stores. The idea is novel, but its puts the burden on the retailer’s…
According to Reuters, The Washington Research foundation has sued several companies including Nokia and Samsung for infringing on a Bluetooth patent. (NOK) The Wall Street Journal writes that Wal-Mart will schedule employees on more…
Several Asian markets were closed, but the Hang Seng rose sharply again. The Hang Seng was up .5% to 20,413. Cathay Pacific fell 4% to 18.84. China Moble rose 1.3% to 70.6. China Unicom…
From BioHealth Investor It seems like Vertex Pharmaceuticals (VRTX) is the subject of the majority of my articles (link one, two, three to past articles) and for good reasons. VRTX is looking to become…
From World Beta In 2003, investors in global equities had just experienced 3 brutal years of negative returns. While many were too shell shocked to commit new (or in many cases, any) capital to…
By William Trent, CFA of Stock Market Beat Last month we were surprised to hear some cautionary words out of Semiconductor Industry Association President and chief cheerleader George Scalise. At the time, we said…
By William Trent, CFA of Stock Market Beat With indications of a consumer spending slowdown building, hopes for real GDP growing at 2.5% must anticipate a fairly significant contribution from business spending (since the…
By William Trent, CFA of Stock Market Beat We already heard from Best Buy (BBY) and Circuit City (CC) that price competition on flat-panel television sets was hurting profit margins. Holidaysales Blog – WSJ.com…
By Yaser Anwar, CSC of Equity Investment Ideas The 4th Q saw strong investment banking and positive trading results. Commodities performed well for most of these firms and the historical seasonal weakness of trading…
Stocks: (GM)(F)(DCX)(TM)(HMC) In flying, going into a flat spin is about the worst news a pilot can get. As the aviation spec books say: "It is very difficult to recover from a flat spin…
Intertainer, which was one of the pioneers in delivering movies over the internet has sued Apple, Google, and Napster. Intertainer was so early into the internet movie business that it folded. Or, maybe it…
A lot of companies in the semi portion of the market have taken a bit of beating. Texas Instruments and Sandisk are on that list. But, there may be some light and there may…
Citigroup downgraded Amazon from "hold" to "sell" saying that the valuation of the company was too high and could not be sustained. The bank is also concerned that Amazon cannot maintain margins, and cut…
At least some of the economists surveyed by The Wall Street Journal believe that problems in the housing industry will "abate" in 2007. Anecdotal information suggests otherwise. Big home builder Lennear (LEN) cuts its…