Investors Get Ticked At Starbucks (SBUX)(MCD)
Wall St. took shares in Starbucks down by over 5% after hours as the company announced a 21% improvement in quarterly revenue to $2 billion. The company forecast that it would open 2,400 stores…
All Work
Douglas A. McIntyre
Hewlett-Packard (HPQ) Earnings: Red Flag On Slowing Tech
The market was not unhappy about HP’s earnings, but the applause was muted.HP’s revenue rose 7% in its fiscal Q4 to $24.6 billion. The company forecast that annual sales for its 2007 fiscal year…
Media Digest 11/17/2006 Reuters, Wall Street Journal, New York Times
Stocks: (QCOM)(DCX)(HPQ)(SBX)(SHLD)According to Reuters, Delta is seeking the help of its creditors to fight off a bid by Delta Airlines to acquire the bankrupt carrier.Reuters writes that the CEO of Qualcomm stated that investors…
Asia Markets 11/17/2006 PCCW, Fuji Film Up, Softbank, Yahoo Japan Down
Stocks: (CAJ)(FUJ)(NIPNY)(HMC)(NTT)(TM)(CHL)(CH)(PCW)(HNC)Markets in Asia were narrowly mixed.The Nikkei was down .5% to 16,092. Bridgestone was up 1.4% to 2515. Canon was up 1% to 6310. Daiwa Securities was down 1.4% to 1263. Fuji Film…
Sears Holdings Drops 5% After Earnings
By Chad Brand of Peridot CapitalistIt’s the same old story with Sears Holdings (SHLD). In fact, I feel like I’m just repeating myself a lot. However, I have long been positive on the stock,…
Interview With Steven Drobny- President, Drobny Global Advisors & Author of ‘Inside The House of Money’
By Yaser Anwar, CFA of Stock Market BeatAn in-depth discussion pertaining to; Hedge Fund Industry- Implications of M&A boom on Hedge Funds, HFs as Asset Managers, Industry’s Marketing Gimmicks, Risk/Reward Trade-offs, Regulation and Correlation…
Cramer Goes Back for Sears Holdings, Again
Last night on CNBC’s MAD MONEY Cramer also went over one of his long-standing favorite retail plays: Sears Holdings (SHLD).He implied that SHLD stock is no different than investing in a company with a…
Cramer Backs Nike and Under Armour
Last night on CNBC’s MAD MONEY, Jim Cramer reviewed two stocks in the same sector that are both buys. He said which one you should own depends on your preference.He said if a company…
Genetech Wins FDA Approval For Herceptin For Breast Cancer
Genentech (DNA) announced that the FDA approved its Herceptin cancer treatment for an expanded use for adjuvant treatment of HER2-positive node-positive breast cancer. The studies showed a 52% reduction in the recurrence of breast…
Autodesk Up and On Auto Pilot
Autodesk (ADSK) just reported record quarter revenues of $457 million, just under the $457.25 million consensus estimate. It is not providing EPS because of the ongoing options review. ADSK closed up 1% at $27.00…
Starbuck’s Decaf (SBUX)
Starbuck’s missed Wall St.’s revenue target and had poor earnings to boot. Some was due to changes in the company’s accounting practices. Investors wanted revenue of $2.02 billion and the coffee retailer did $2…
HP Earnings: Revenue Growth Light (HPQ)
HP announced earnings after the close. Revenue rose only 7% to $24.6 billion. Non-GAAP operating income rose from $1.5 billion in the quater a year ago to $1.9 billion. Desktop sales were flat while…
Market Wrap (Nov. 16, 2006)
DJIA 12,305.82; Up 54.11 (0.44%)NASDAQ 2,449.06; Up 6.31 (0.26%)S&P500 1,399.76; Up 3.19 (0.23%)10YR-Bond 4.655% Up 0.04NYSE Volume 2,738,514,000NASD Volume 2,031,971,000Today was another record high on the DJIA. We had another drop in Consumer Prices…
Cramer Thumbs Down on Pepsi (PEP); Positive on NYMEX IPO Again
On today’s STOP TRADING segment on CNBC, Jim Cramer started on the snack topic.Cramer said he is still anti-Pepsi (PEP) because of the snackfood business. Cramer said that Pepsi did address his comments, but…
A Tribute to Milton Friedman
There are numerous media reports today of the passing away of Milton Friedman, perhaps the greatest and most influential economist of the modern era.There are genuinely too many ways to describe and too many…
How Many Times Will Applied Materials Call the Bottom?
By William Trent, CFA of Stock Market BeatLast month we wrote a piece asking someone (anyone) to tell Applied Materials (AMAT) CEO Mike Splinter there’s a slowdown coming for semiconductor equipment manufacturers. Apparently someone…
Bogeying Hewlett-Packard Earnings; Dell’s Problems Act As A Gift
Stock Tickers: HPQ, DELLHewlett-Packard (HPQ) was given a gift with all of the problems at Dell (DELL) as far as what they have to show today. As for earnings, the street is looking for…
Evergreen Solar’s $250 Million Securities Shelf; Why Did They Wait So Long?
Evergreen Solar (ESLR) has made a filing with the SEC to sell up to $250 million in mixed securities, otherwise known as a shelf offering. The stock has fallen 2% pre-market because of the…
Will The Companies Bought By Private Equity Get Turned Back To The Shareholders
A novel class action suit is brewing. Shareholders in several public companies take private by big private equity firms like Blackstone and KKR say that these firms conspired to get good prices in the…
Another Problem For Dell: Acer (DELL)(HPQ)(WMT)(AMZN)
Unlike most other PC manufacturers Acer is in high-growth mode. Acer’s shipments last year went up 22%, a rate more than double the industry’s. Acer’s growth in the third quater of this year was…