Cramer Keys in on Altria & AIG
Cramer was out saying earlier today that Altria (MO) and AIG (AIG) are both buys here. Equity investors have forgotten the power of the bond market, and they need to note that companies who…
All Work
Douglas A. McIntyre
Why Oh YRC?
By William Trent, CFA of Stock Market Beat YRC Worldwide Updates Earnings Guidance: Financial News – Yahoo! Finance The company now expects fourth quarter 2006 diluted earnings per share (”EPS”) to be in the…
CEO’s Who Need to Leave: Home Depot’s Bob Nardelli
Home Depot’s (HD) Bob Nardelli…….He’ll probably survive, but there are reasons he should go. Shareholder groups are becoming more activist and this trend will continue in 2007. Private Equity and LBO Groups can only…
International Fight League (IFLI) Stock Launches Again
To say a 40%+ gain is an up day would be an understatement. Traders always look for new stocks that are moving, and this one is a real head scratcher. International Fight League (IFLI-OTC/NASDAQ) …
CEO’s Who Need to Leave: Citigroup’s Chuck Prince
Chuck Prince at Citigroup (C)……. Shareholder groups are becoming more activist and this trend will continue in 2007. Private Equity and LBO Groups can only acquire so many companies, and there are only so…
CEO’s Who Need to Leave: Terry Semel of Yahoo! (YHOO)
Yahoo! (YHOO) Needs to Show Semel the Door Shareholder groups are becoming more activist and this trend will continue in 2007. Private Equity and LBO Groups can only acquire so many companies, and there…
Pre-Market Stocks in the News (DEC 15, 2006)
(AAPL) Apple delayed its 10-K filing over options review.(ADBE) Adobe trading up 6% after beating earnings estimates.(AEZ) American )&G positive in Business Week.(AFFY) Affymax 3.7M underwriting priced at $25.00.(AFFX) Affymetrix CFO resigned to join…
Select Analyst Calls (DEC 15, 2006)
ARRY started as Buy at Oppenheimer.ATEC raised to Buy at First Albany.AVY cut to Neutral at JPMorgan.BAS started as Buy at Jefferies.BEAS raised to Outperform at Piper Jaffray. BG cut to Underweight at HSBC.CHKP…
Intuit Bulking Up, But Seasonality Prevails
By William Trent, CFA of Stock Market Beat Last week Intuit (INTU) offered about $1.35 billion for online banking services provider Digital Insight (DGIN), based in Calabasas, Calif. The deal, expected to close in…
More Dell-ays (CELL)
From Willaim Trent, CFA of Stock Market Beat We recently outlined the somewhat cloudy case for whether DELL is cooking the books. We came away unconvinced, at least with regard to warranty reserve issues.…
Time to Fade Out of Adobe?
By William Trent, CFA of Stock Market Beat Adobe (ADBE) reported revenue and earnings ahead of consensus expectations and guided for slightly better than expected performance in the January quarter. This is rather impressive,…
Is Ford Better Off With More Debt? (F)
"The sight of the gallows focuses the mind." So said Samuel Johnson. With Ford taking on $25 billion in debt, almost doubling its cash and liquid assets, Wall St. has to wonder if the…
Will Chrysler’s Headquarters Move From Germany To China (DCX)
If Chinese car companies are having trouble breaking into the US market, perhaps that could just buy one of the Big Three. As inventories grow and profits disappear at Chrysler, there is more talk…
Last One Into The Pool: Google Offers Web Site Registration (GOOG)
For reasons that would be unclear to almost any observer, Google is entering the business of web site addresses. The company says that it is motivated by its ability to offer customers web-mail, calendar,…
Search Company Baidu Central To US Web Company Plans
Stocks: (VIA)(GOOG)(MSFT)(BIDU) As the largest search engine in China, Baidu is beginning to play a larger and larger roll in the fortunes of US web companies in China. The Chinese search company will begin…
Europe Markets December 15, 2006 France Telecom, BEA, Prudential Rise
Markets in Europe were up at 5.50 AM New York time. The FTSE rose .4% to 6,254, its highest level since 2001 Barclays was up .7% to 727. BEA Systems was up 5.7% to…
Media Digest December 15, 2006 Reuters, NYTimes, WSJ, FT
Stocks: (GAL)(F)(GOOG)(GM)(DCX)(HD)(NOK)(SI)(AMD) According to Reuters, Japan Tobacco agreed to buy UK cigarette company Gallaher for $14.7 billion. Reuters writes that Ford shoke up its top management naming a single global product chief. The Wall…
Asia Markers December 15, 2006 Bridgestone, China Netcom Up
Stocks: (CAJ)(FUJ)(HMC)(NIPNY)(SNE)(TM)(NTT)(CHL)(CN)(PCW)(HBC) Martkets in Asia were up. The Nikkei rose .5% to 18,914. Bridgestone was up 2.9% to 2665. Canon was up .8% to 6700. Fuji Film was down .6% to 4890. Hitachi was…
No Decisive Word on Encysive Pharmaceuticals
From BioHealth Investor Things aren’t looking good. I wrote about Encysive Pharmaceuticals (ENCY) on Friday after their stock jumped on news they were restarting a Phase 2 clinical study on TCB3711. My sugestion then…
Thursday’s Top Biotech and Medical Stocks
From BioHealth Investor Biotechnology SHEFFIELD PHARMACTLS +34.33% IMMTECH PHARM INC +19.09% CYTORI THERAPEUTICS +9.96% VERNALIS PLC ADR +9.09% EMERGENT BIOSOLUTION +5.94% Diagnostic Substances EPIX PHARMACEUTICALS +7.11% SYNOVICS PHARMACEUTL +6.25% MONOGRAM BIOSCIENCES +2.96% ORCHID CELLMARK…