Leading Apps Vendors Compete for Telecom Customers
By William Trent, CFA of Stock Market Beat IBM to buy Vallent for telecom expertise | InfoWorld | News | 2006-11-28 | By China Martens, IDG News Service IBM is looking to better meet…
All Work
Douglas A. McIntyre
Offshorers to Offshore?
By William Trent, CFA of Stock Market Beat We have noted several times how impressed we are with the rapid hiring pace at Indian IT services firms such as Infosys (INFY), Cognizant (CTSH) and…
Europe Markets 11/29/1006 Reuters, Prudential Up
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UL)(VOD)(BAY)(DCX)(DT)(DB)(SI)(ALA)(AXA)(FTE)(V) Markets in Europe were higher at 6.40 AM New York time. The FTSE was up .7% to 6,070. Barclays was up 1.6% to 687. BP as up .2% to 575. BT was…
Yahoo! Works It Phone Strategy
Stocks: (YHOO)(NOK)(GOOG) Yahoo! cut a deal with Nokia, the world’s largest handset company, to put its e-mail and instant messaging functions onto some Nokia models. For a company that now controls about a quarter…
Is Recession Around The Corner?
Stocks: (WMT)(HD)(GM)(F)(DCX) The storm flags are up. The economy is slowing to a walk, or perhaps worse. Deutsche Bank is lowering its Q4 GDP growth forecast to zero. Perhaps it does not come as…
Music Download Business Gets More Crowded
Stocks: (RNWK)(NOK)(MOT)(AAPL)(MSFT)(SNDK) Nokia is talking about starting a music download business. It can now compete with Apple, RealNetworks and Sandisk, Microsoft, and a pack of smaller players like Napster. The huge cell phone company…
Media Digest 11/29/2006 Reuters, WSJ, NYT
Stocks: (TWX)(GM)(PFE)(HET)(COMS)(BAC)(C)(NOK)(LCC) According to Reuters, Time Warner said that it would not sell its British publishing arm IPC and ruled out bidding for European TV assets like ITV. Reuters writes that Fed chief Bernanke…
Asia Markets 11/29/2006 Toshiba, Daiwa Securities, Bridgestone, China Netcom Up
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(SNE)(TM)(CHL)(CN)(PCW)(HBC) Markets in Asia were up sharply. The Nikkei rose 1.4% to 16,076. Bridgestone rose 2.9% to 2490. Canon rose 1.7% to 6080. Daiwa Securities rose 4.4% to 1288. Fuji Film rose 2.9%…
Pfizer: Who Needs Salesmen? (PFE)
Pfizer is going to fire 2,000 salesmen, 20% of its domestic sales force. Lehman Bros estimated that the move could save $440 million a year. The company’s reasoning would appear to be that as…
Wal-Mart’s Hairbrained Video Rentals
Stocks: (WMT)(AAPL)(AMZN)(BBI) Movielink and Amazon just let you download you rental video over the internet. Easy. Convenient. Wal-Mart has come up with the wacky idea that if you want to rent a move, you…
Scottish Re: Damned Either Way You Vote
Submitted by CrossProfit on stocks Scottish Re (SCT) An AP article appearing yesterday ( 11/27/06 ) states as follows; Under terms of the agreement, MassMutual Capital, a member of the MassMutual Financial Group, and…
Cramer Says to Capitol One Should Be in Your Wallet
Stock Tickers: MA, COF Cramer on MAD MONEY also reviewed the credit card sector. While he normally goes after MasterCard (MA) as the mechanism, he thinks Capitol One (ONE) is the one you go…
Cramer: Allergan Makes Your MAD MONEY Wrinkle Free
Stock Ticker: AGN On tonight’s MAD MONEY, Cramer said he thinks the market is still a buying opportunity, which he also keyed in on today. You just have to consider that they could sell…
3Com Buys The Rest of Its Huawei Joint Venture Stake; Wall Street is Skeptical
Stock Tickers: COMS, CSCO by Jon C. Ogg Well, we knew that private equity firms were interested in the Huawei-3Com router venture known in the sector as "H3C." We also knew that because of…
Novell Developers Have Second Thoughts On Microsoft Deal
Stocks: (NOVL)(MSFT)(RHAT) Some of the key developers at Novell are going public with complaints about the company’s deal with Microsoft. The arrangement calls for co-marketing Windows with the Suse version of the Linux open…
US Stock Market Wrap (NOV. 28, 2006)
DJIA 12,136.45; Up 14.74 (0.12%)NASDAQ 2,412.61; Up 6.69 (0.28%)S&P500 1,386.72; Up 4.82 (0.35%)10YR-Bond 4.5090%; Down 0.029%NYSE Volume 2,586,610,000NASD Volume 1,936,522,000 Fed chairman Ben Bernanke gave a speech today…
Cramer on STOP TRADING (DG, UARM)
On today’s STOP TRADING segment on CNBC, Jim Cramer noted that Dollar General (DG) on a fundamental basis: He said Banc of America noted it is good to Buy with a $20 target, but…
Evaluating Cramer’s Picks Versus November Short Interest Data
Stock Tickers: HAL, MO, NYX, GS, MA, SHLD, DE, BA, TWX, CMCSA, CSCO, AAPL, GOOG, RIMM, ORCL, PNRA, TRMP, COST Now that the NASDAQ has its short interest out for November and we can…
A Chrysler Spin-Off?
Stocks: (DCX)(F)(GM) DaimlerChrysler shareholders are so upset with Chrysler’s performance in the US, that many want the unit spun-off. It shows what fools they are in the first place. Of course, Chrysler was a…
What’s Hot On Your Phone , A Victory For Yahoo!
Stocks: (YHOO)(GOOG)(TWX) Anything can be measured. At least according to Comscore which has come out with a rating of how websites perform on mobile devices. Intuition should tell us that e-mail and weather applications…