A Tale of Two IPO’s: Hertz Versus KBR
Hertz Global (HTZ) and KBR (KBR) are two very different IPO’s, although both come out from under a cloud.Hertz (HTZ) priced its 88.2+ million share IPO at $15.00 per share, under the $16 to…
All Work
Douglas A. McIntyre
China Mobile: It’s Good To Be King (CHL)
Stocks: (VZ)(S)(CHL)China Mobile has almost 300 million customers. It also has plans about how it will get more. The CEO of the world’s largest cell company want to make his phones a “Swiss Army…
Semiconductor Industry Association Forecasts to 2009 Slightly Lower Than From June Projections
The Semiconductor Industry Association has forecast sales of $321 Billion by 2009.The new annual forecast projects that sales will reach $248.8 Billion in 2006, up 9.4 from 2005. Back in June it had forecast…
Pre-Market Stock News (Nov. 16, 2006)
(AAPL) Apple is a buy according to Jim Cramer on MAD MONEY as Zune is D.O.A. and not a threat to iPod.(ALLT) Allot Communications 6.5M share IPO priced at $12.00,above the $9 to $11…
Select Analyst calls (Nov. 16, 2006)
ARB cut to Peer Perform at Bear Stearns.ARXT started as Buy at First Albany.ATMI cut to Neutral at JPMorgan.ATVI started as Peer Perform at Bear Stearns.BEAS cut to Sell at Merrill Lynch.CBRL started as…
Internet Ad Revenue Slows: Where Will MSN, Yahoo!, And AOL Go?
Stocks: (GOOG)(YHOO)(TWX)(MSFT)Internet ad revenue grew 33% year-over-previous-year in the third quarter. It hit $4.2 billion for the three month period.That is the headline and the Internet Advertising Bureau is sticking to it. But, from…
Europe Market Report 11/16/2006 Alcatel, VW, DaimlerChrysler Up
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UL)(VOD)(BAY)(DCX)(DB)(DT)(SI)(ALA)(AXA)(FTE)(V)Markets in Europe were narrowly mixed at 6 AM New York time.The FTSE was up .1%% to 6,236. Barclays was down .5% to 704. BP was up .3% to 598.5. BT was up…
XM’s $150 Million GPS (XMSR)(SIRI)(MSFT)(AAPL)
XM Satellite Radio got a nice run-up in its stock yesterday. The company’s shares moved from $14 to almost $14.80 and traded above $14.90 for part of the day.The move added over $150 million…
Who Will Replace Rollins At Dell? (DELL)(HPQ)(INTC)(MO)
The Vegas odds are that Kevin Rollins will be out as CEO at Dell. It may be a couple of months, but his fate may already be sealed.The SEC has accelerated its investigation into…
While GM Fiddles In China, Detroit Burns
Stocks: (GM)(TM)(F)GM is boasting that its sales in China will grow 15% next year, slightly faster than the overall growth rate in the Asian country. Great.But GM’s sales in China grew over 37% in…
Sprint And Microsoft: Also-Rans Team Up
Stocks: (S)(MSFT)(GOOG)(YHOO)(VOD)(VZ)Sprint and Microsoft have announced a strategic alliance to provide search functions on Sprint cell phones. Microsoft has been trying to get into this business in the US for some time. Microsoft is…
Media Digest 11/16/2006 Reuters, Wall Street Journal, New York Times
Stocks: (JNJ)(AMGN)(V)(TWX)(MSFT)(S)(MRK)(DELL)(GM)(T)According to Reuters, VW’s stock is up on speculation that Porsche could make a bid for the entire company. Porsche is already the largest shareholder.Reuters writes that Hertz IPO raised $1.32 billion.Reuters reports…
Asia Markets 11/16/2006 PCCW, Cathay Pacific Up, China Netcom Down
Stocks: (CAJ)(FUJ)(HIT)(NIPNY)(NTT)(HMC)(TM)(CHL)(CN)(PCW)(HBC)Asian markets were narrowly mixed.The Nikkei was down .5% to 16,164. Bridgestone was down .8% to 2,480. Canon was up .2% to 6250. Daiwa Securities was down 1.2% to 1281. Fuji Film was…
Farallon Capital Discloses Confidentiality and Standstill Agreement with Mills (MLS)
From 13D TrackerIn an amended 13D filing on Mills Corp. (NYSE: MLS) 10.9% holder Farallon Capital disclosed a Confidentiality and Standstill Agreement with the company.The firm said at the request of the Company and…
SAC Capital’s Latest Adjustments
From 13D TrackerAnother 13F filing of interest. This one from one of the world’s largest and most well respected hedge funds SAC Capital, which is run by Steve Cohen.SAC is not a buy and…
Changes in Buffett’s Berkshire Hathaway Holdings
From 13D TrackerWhile certainly not an activist investors, Warren Buffett’s moves are always newsworthy:Here are his latest from a quarterly 13F filing yesterday.:The firm showed a new 10 million share position in Western Union…
Analog Devices Conference Call Review
By William Trent, CFA of Stock Market BeatHaving had a chance to review the Analog Devices (ADI) conference call, we came away with a few observations. We’ll start with the commentary from CEO Jerald…
Buffett’s Latest Portfolio Moves & Soros Takes Major Stake in AMD, Chipotle & Cisco
By Yaser Anwar, CSC of Equity Investment IdeasNote: Dear Readers- The analysis below was taken from an email newsletter by MoneyNews.Warren Buffett’s Berkshire Hathaway made some adjustments to its investment portfolio in the third…
Catalysts That Make Rayoneir (RYN) A Buy
By Yaser Anwar, CSC of Equity Investment IdeasOn October 23rd, I highlighted Rayoneir for its timberland assets. Since then the stock has barely moved & is still attractive. Here’s why:Rayonier owns 1.6 million acres…
Cramer Says The Canadian Trusts Are Oversold, Buy the Canadian Oil Trusts
Cramer on MAD MONEY said you can now BUY the Canadian oil trusts after they took a huge beating from the Canadian tax changes.Canetic Resource Trust (CNE) with a 19% yield;Enterra Energy Trust(ENT) with…