A Reprieve For Boston Scientific (BSX)
Put back the crash carts. Boston Scientific is up and walking. A sharp decline in coated drug stents, brought on by studies that they may cause heart problems, has not significantly hurts sales. The…
All Work
Douglas A. McIntyre
The “Sell” Signs On Wal-Mart (WMT)(BBY)
Wal-Mart’s sales may not rebound at all. At least not in the US during 2007. The chain is blaming store remodelling and a large new line of women’s cloths for much of its troubles.It…
Media Digest 12/28/2006 Reuters, FT, NY Tmes, WSJ, Barron’s
According to the FT, the Apple board did not approve CEO Steve Jobs option grants in 2001, but documents were created to make it appear there was an approval. (AAPL) Reuters writes that Citigroup…
Nasdaq Short Interest, December 2006
Below is the short interest for stocks traded on the Nasdaq as of December 15, 2006 as compared to November 15. Wednesday, December 27, 2006 Largest Short Positions Rank DEC 15 NOV 15 CHANGE…
Asia Markets 12/28/2007 NTT Down, China Unicom Up
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NTT)(NIPNY)(SNE)(TM)(CHL)(CHU)(CN)(PCW)(HBC) Asia markets were lead by a strong performance on the Hang Seng. The Nikkei was up a fraction at 17,225. Canon was down .9% to 6650. Bridgestone was down 1.5% to 2630.…
On the Dow’s Normalized Earnings Yields for 1935-2006
From Gannon On Investing Before tackling the subject of what kind of returns investors can expect from the stock market over their lifetime (and what a "fair" value for the Dow might be) we…
Is Cogent A Turnaround Candidate for 2007?
From Value Discipline Beaten down stocks can often be value traps and turnaround candidates often take much longer to turnaround than one expects. The danger of being too early can result in significant underperformance,…
Will Massive Upgrades Be Enough to Counter Product Cycle Blues for Adobe (ADBE)?
From William Trent, CFA of Stock Market Beat We recently took profits on our Adobe (ADBE) position because we have noticed the stock tends to trade down following the release of a major new…
SAP Looks to Improve Productivity – Its Own!
From William Trent, CFA of Stock Market Beat While Oracle (ORCL) has been buying up applications software makers to grow, rival SAP has been bulking up its sales force. Now it expects them to…
Novastar Financial (NFI) & Apple Computer (AAPL)
By Yaser Anwar, CSC of Equity Investment Ideas Novastar Financial (NFI) The US expects to have rate cuts by 2nd half of 07. If that happens you can expect sub-prime mortgage lenders to do…
S&P 500 2007 Price Forecasts
From Ticker Sense Bloomberg surveys a number of equity analysts on a weekly basis for their S&P 500 price forecasts. Below is a list of their most recent 2007 year-end price forecasts for the…
IBM Trading Up on an Upgrade from ThinkEquity
From Ticker Sense IBM is currently trading up about 70 cents on an upgrade from ThinkEquity. The firm raised the stock from a Sell to a Buy this morning and increased their price target…
Is Steve Jobs Worth $30 A Share? (AAPL)(QCOM)(DELL)(HD)(INTC)(SUNW)
What is a CEO worth to a company’s shareholders? The question was raised again for Apple’s shareholder when rumors or facts, one of the other, came out early today that Jobs had hired an…
US Stock Market Wrap (DEC 27, 2006)
DJIA 12,510.57; Up 102.94 (0.83%)NASDAQ 2,431.22; Up 17.71 (0.73%)S&P500 1,426.84; Up 9.94 (0.70%)10YR-Bond 4.654% Up 0.051NYSE Volume 1,626,563,000NASD Volume 1,186,262,000 This was supposed to be another quiet…
Cramer Thinks Chuck Prince of Citigroup Will Go
by Jon C. OggDecember 27, 2006 Jim Cramer has keyed in on many DJIA 30 components with predictions, commentary, and targets you can see HERE. He noted that Citigroup’s (C) Chuck Prince will be…
IPO Filing: BigBand Networks
BigBand Networks Inc. has recently filed for an IPO to raise up to $140 million through the sale of common stock. The Redwood City, Calif.-based company developes, markets and sells network-based platforms that enable…
Select Analyst Calls (DEC 27, 2006)
BIIB started as Neutral at Prudential. EBAY reitrated Buy/Attractive at Goldman Sachs, but no change to estimates. First Solar, Inc. (FSLR) sees its quiet-period for coverage end after its IPO: started as Equal Weight…
Pre-Market Stock Notes (DEC 27, 2006)
(AAPL) Apple’s options probe apparently has potential faked documentation.(BA) Boeing won a $1.5 Billion contract for Apache helicopters.(BIOV) BioVeris announces license agreement with Baxter on meningitis.(BMY) Bristol-Myers Squibb announces licensing agreement with Otsuka Pharma…
Boeing’s Big Year (BA)
With all of the fanfare about Boeing’s recent successe it is hard to believe that 2006 will be the first year that it has outsold rival Airbus. Boeing should ship over 900 planes this…
Europe Markets 12/27/2006 BMW, Diageo Up
Stocks: (BCS)(BAB)(BP)(BT)(DIA)(GSK)(RTRSY)(PUK)(VOD)(UL)(BAY)(DCX)(DT)(DB)(SI)(ALU)(AXA)(FTE)(V) Europe markets were up sharply at 5.45 AM New York time. The FTSE rose .8% to 6,240. Barclays was up 1% to 737. British Airways was up 1.6% to 529. BP was…