Merck’s Reprieve (MRK)(MO)
Merck dodged a bullett. A big one. The courts ruled that plantiffs in suits against the company involving Vioxx cannot gain class action status. That means that each suit against the company over the…
All Work
Douglas A. McIntyre
Pfizer’s Effort To Pound Altria May Work
Stocks: (PFE)(MO) Pfizer’s world headquarters is a five minute walk from the executive offices of Altria, the owner of cigarett behemouth Philip Morris. The two companie, at one level, have become enemies. Pfizer introduced…
Sony Playstation Stumbles Out Of The Gate?
Stocks: (SNE)(MSFT) According to American Research Technoloogy, Sony is already behind the eight ball on intitial US sales of its PlayStation 3. Sony was anticipated to ship 400,000 units on the first day the…
As Wii Sales Growth, Nintendo Become Takeover Target
Stocks: (MSFT)(AAPL)(SNE) The Nintendo Wii Gaming system may have a better holiday season that Microsoft Box or Sony Playstation 3 Based on an analysis published by Breakingviews.com, Microsoft has never made money on sales…
Wall Mart’s Sale Fail As It Helps The Economy (WMT)
Wal-Mart posted it wortst sales month in recent memory, with same-store activity dropping .1% All of the big discounts offered by the chain and its new $4 generic drug program could not pull results…
Evidence of Call Options Getting Even More Expensive
by Jon C. Ogg Stock Tickers: AAPL, TWX, GOOG, RIMM, XOM, DNA, SPY The CBOE Volatility Index ("the VIX") has gotten off the sub-10 readings, but it is still extremely low around 10.75. The…
Taiwan’s Advanced Semiconductor Likely Being Acquired By CEO & Carlyle
by Jon C. OggNovember 24, 2006 Advanced Semiconductor Engineering, Inc. (ASX-NYSE/ADR) issued a press release in Taiwan today stating that the Company has received an indication of interest from a private equity consortium led…
US Pre-Market Stock News (Nov. 24, 2006)
DJIA & S&P Futures down 0.4% to 0.5% on light trading activity as the US Dollar was very weak against the Euro (1.31) and the Yen. (AH) Armor Holdings positive article in Business Week.(ASX)…
European Market Commentary (Nov. 24, 2006)
The Europeans were working today while the US volume is expected to be light with the A-Team traders off either trying to recover from a tryptophan induced coma from turkey consumption or out getting…
Asian Market Recap (Nov. 24, 2006)
Nikkei 225……15,734.60; Down 179.63 (-1.13%) Hang Seng…….19,260.30; Down 5.02 (-0.03%)BSE30(India)….13,703.33; Up 22.50 (+0.16%) While most of us are off and either trying to recover from a tryptophan induced coma or out getting Holiday…
Fresh Bait Shop Updates to Takeover Names (FINL, WDC, ATK, BEAS, IMAX)…Happy Thanksgiving
Stock Tickers: FINL, WDC, ATK, BEAS, IMAX, VAIL, UVN, YCC By Jon C. OggNovember 22, 2006 Yesterday we made several free public BAIT SHOP updates for a small fraction of our BAIT SHOP MEMBERS. …
Catalysts That Make Apple (AAPL) A Buy
By Yaser Anwar, CSC of Equity Investment Ideas There seems to be a lot of buzz around the release of Apple’s new products, especially iPhone, which everyone believes will be announced in Jan 07.…
Coinstar Costs A Pretty Penny
From SinLetter If you have ever had to convert your jar of change into crisp dollar notes, you are probably familiar with Coinstar (CSTR) kiosks found in grocery stores like Albertsons. The fee Coinstar…
Market Wrap (Nov. 22, 2006)….1 hour before close
Market prices as of 3:10 PM EST DJIA 12,321.91; Up 0.32 (0.00%)NASDAQ 2,466.55; Up 11.71 (0.48%)S&P500 1,405.86; Up 3.05 (0.22%)10YR-Bond 4.5680%; Down 0.01%NYSE Volume 1,836,650,000NASD Volume 1,299,031,000 Bonds…
Fresh Bait Shop Updates to Takeover Names (FINL, WDC, ATK, BEAS, IMAX)
Stock Tickers: FINL, WDC, ATK, BEAS, IMAX, VAIL, UVN, YCC By Jon C. OggNovember 22, 2006 Today we are making several free public BAIT SHOP updates for a small fraction of our BAIT SHOP…
Underwriters Do No Justice to SAIC on New Coverage
by Jon C. OggNovember 22, 2006 SAIC (SAI-NYSE) has actually been a good IPO, but the analysts and brokerage firms that initiated coverage just marched SAIC back behind the building and gunned it down.…
Sprint Might Bite The Shorts
Stocks: (S)(MOT)(INTC) Sprint has not exactly been a company that has made its shareholders overwhelmingly happy. Customer retention problems after the NexTel merger, poor earnings, and senior management departures have made Wall St. nervous.…
The Shorts Up Their Bet Against Home Depot
Stocks: (HD)(LOW) Some of Wall St.’s more skilled players are betting against any near-term recovery at Home Depot. Short interest in the company’s shares rose by 7.295 million to 32.79 million at mid-November. Shares…
Pre-Market Stock News (Nov. 22, 2006)
US BOND MKT CLOSES AT 2:00PM EST TODAY, NORMAL HOURS FOR EQUITIES. (AA) Alcoa announced layoffs and restructuring.(ALVR) Alverion sold its cellular unit operations.(AZN) AstraZeneca trading up 1% after earnings and guidance overseas.(BEAS) BEA…
Select Analyst Calls (Nov. 22, 2006)
by Jon C. Ogg AAPL reitr Outperform at Piper Jaffray.AMSG raised to Neutral at B of A.APD raised to Overweight at JPMorgan.CHIC started as Overweight at JPMorgan.CTRN started as Neutral at JPMorgan.DE raised to…