On tonight’s MAD MONEY segment on CNBC, Cramer went over a stock where it was hit because of competition. He said Microsoft (MSFT) just took aim at Apple (AAPL) with Zune’s launch against iPod.Cramer…
Retailer Zumiez announced earnings that looked good on paper. Revenue for the period ending October 28 rose 43% to $82 million. Same store sales were up over 10%, but that slowed a bit from…
DJIA 12,251.71; Up 33.70 (0.28%)NASDAQ 2,442.75; Up 12.09 (0.50%)S&P500 1,396.57; Up 3.35 (0.24%)10YR-Bond 4.615%; Up 0.047NYSE Volume 2,857,269,000NASD Volume 2,074,955,000US Airways (LCC) rose some 16.75% to $59.46 after it made an offer to acquire…
On today’s STOP TRADING segment on CNBC, Jim Cramer discussed how to play the potential Delta/USAir merger and the Blockbuster deals.Jim Cramer said on NYSE (NYX) that the Deutsche Boerse was running scared. Cramer…
From 13D TrackerSpirent Communications Plc (NYSE: SPM) said it considered and rejected a proposal from Sherborne Investors GP, LLC to remove the Company Chairman, the Chairman of the Audit Committee and the Chairman of…
After being pounded in the market when its Linux solution was left out of Microsoft’s alliance with alternative Linux shop Novell, Red Hat has finally gotten a break. Nokia has chosen Red Hat’s Linux…
By William Trent, CFA of Stock Market BeatA couple of months ago, we addressed the prospects of slowing consumer spending by saying, “Slowdown? Maybe. But if you have the right merchandise consumers will still…
By William Trent, CFA of Stock Market BeatEmbraer (ERJ) reported a sales and profit decline due to production problems with the ramp up of its 190 and 195 aircraft. The issue caused deliveries to…
Stock Ticker: RMBSWe have a dual situation in Rambus (RMBS) today. The company is presenting at the UBS Global Communications and Technology Conference at 11:30 a.m. Eastern Time this morning and it has Federal…
Stock Ticker: EFUTThe explosion in trading volume in Chinese micro-cap stock E-Future Information Technology (EFUT) has been mind-boggling. This was one of the stealth IPO’s of only 1.1335 million shares that priced at $6.00.…
Stocks: (MSFT)(CMCSA)(TWX)(GOOG)(T)(VZ)Microsoft has decided to set up free wireless internet in Portland. For everyone. The whole city. Google has looked at a similar initiative in San Francisco.Since Microsoft is providing its IPTV platform to…
(AA) ALCOA names new CFO effective Jan. 1, 2007.(ABG) Ashbury Auto filed to sell 3+ million shares for holders.(ADI) Analog Devices $0.39 EPS vs $0.40e.(ALXN) Alexion filed to sell 2.5 million shares of common…
AMZN started as Buy at Soleil.ASH cut to Neutral at Credit Suisse.ATRS raised to Buy at Jefferies.BBBY cut to Underweight at JPMorgan.BORL cut to Underweight at JPMorgan.CAKE raised to Outperform at FBR.CMVT cut to…
Stocks: (NYX)(NDAQ)(TWX)(YHOO)The large internet sites that deliver financial news object to the fees that Nasdaq and the New York Stock Exchange plan to charge for stock quotes. It would appear, at first glance, that…
Stocks: (BCS)(BP)(BT)(GSK)(UL)(RTRSY)(VOD)(BAY)(DCX)(DB)(BT)(SI)(ALA)(AXA)(FTE)(V)Markets in Europe were up modestly at 5.50 AM New York time.The FTSE was up .4% to 6,214. Barclays was up .9% to 707. BP was flat at 593. BT was up 1.3%…
Microsoft wants its customers and investors to know that the company is no longer a three-legged beast. It has added a fourth appendage, internet delivered software. Perhaps the only people on Wall St. who…
Stocks: (BKS)(LOW)(BUD)(TGT)(NWS)(MSFT)(GOOG)(C)(HD)(TWX)(GE)According to Reuters, Bershire Hathaway added shares in Nike and Lowe’s, but may have reduced positions in Anheuser Busch and Target.The Wall Street Journal reports that Boeing may win up to $10 billion…
Stocks: (CAJ)FUJ)(HIT)HMC)(NIPNY)(NTT)(SNE)(TM)(CHL)(CHU)(PCW)(HBC)Markets in Asia were mixed with the Nikkei off and the Hang Seng up sharply.The Nikkei fell .3% to 16,243. Bridgestone was down 1.2% to 2500. Canon was up .5% to 6240. Daiwa…
Stocks: (GM)(TM)(F)(DCX)The CEOs of the Big Three went to the the CEO of the United States. They wanted to discuss their problems. The yen. Labor costs. Medical costs.They left the White House saying that…
McDonald’s same store sales in October were not just good. They were much better than those of their direct competitors. But why? With more stories and higher market penetration, in theory smaller fast food…