Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(UL)(VOD)(DCX)(DB)(BT)(SI)(ALA)(AXA)(FTE)(V)Markets in Europe were narrowly mixed at 7:50 AM New York time.The FTSE was down .3% to 6,220. Barclays was down .4% to 711.5. BP was up .2% to 600.5. BT was off…
GM says that it will raise prices on some of its models due to rising costs. Somehow the reason does not seem to ring true. Although component parts, like plastic, are more expensive, GM…
The market seemed pleasantly surprised by the Sirius quarterly report. But, it is now clear that it will be almost impossible for the company to hit its year-end subscriber targets.Sirius has 5.1 million subscribers…
Wall St. would think that with 36,000 stores worldwide that McDonald’s sales would begin to slow. But, McDonald’s is not Wal-Mart. Same-store sales at the big food chain rose October same-store sales rose 5.5%.McDonald’s…
Stocks: (NYT)(NVDA)(SI)(MSFT)(TRB)(CSCO)According to Reuters, Lenovo, the largest Chinese PC company posted disappointing earnings with a 16% slide in net income.Reuters writes that Siemens quarter beat forecasts by new orders dropped.Reuters also writes that Cisco’s…
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NTT)(DCM)(SNE)(TM)(CHL)(CN)(PCW)(HBC)Markets in Asia were mixed.The Nikkei was off .1% to 16,199. Bridgestone was down .6% to 2430. Canon was up .5% to 6290. Daiwa Securities was down 1.5% to 1254. Fuji Film was…
From 13D TrackerAccording to reports from Dow Jones News, Carl Icahn has received antitrust OK to boost his stake in Lear (NYSE: LEA). Ichan currently holds an 11.995 million share stake (15.77%) in Lear.In…
From 13D TrackerIn a 13D filing after the close on Gyrodyne Company of America, Inc. (NASDAQ: GYRO), Opportunity Partners LP disclosed a 17.58% stake (218K shares) in the company.The firm also sent a letter…
From 13D TrackerIn a 13D filing on The Mills Corporation (NYSE: MLS), Gazit-Globe Ltd. disclosed a 9.7% stake (5.5 million shares) in the Company. This is up from the 5.1 million share stake the…
By Geoff Gannon of Gannon On InvestingI did not expect to learn anything significant about Overstock.com (OSTK) until the fourth quarter results were in, because the Christmas season is so critical to the company’s…
By Chad Brand of Peridot CapitalistDoug Kass, managing partner of Seabreeze Partners, predicted a Democratic sweep on CNBC’s Kudlow and Company program yestertday afternoon. The result, he thought, would be a severe sell-off in…
By William Trent, CFA of Stock Market BeatWe have been skeptical of the turnaround at Xerox (XRX). Although the company frequently points to the strong growth in their color and digital product lines, it…
By William Trent, CFA of Stock Market BeatWe have been saying that the Airbus A380 superjumbo jet is just too big:The only most successful US airline, Southwest (LUV) earned its success by offering non-stop…
By Yaser Anwar,CSC of Equity Investment IdeasInvestors of CVS have been concerned over Wal-Mart’s USD4 generics programme and potential changes in an industry pricing yardstick, Average Wholesale Price (AWP), seem overdone. I see CVS…
By Yaser Anwar, CSC of Equity Investment IdeasGeorge Soros’ chief advisor on globalization issues, Karin Lissakers, says that she expects the US and the ECB to raise interest rates in the coming months, according…
By Yaser Anwar, CSC of Equity Investment IdeasStocks retreated this morning as it became clear that the Democrats had picked up a significant win in the House but we saw a reversal when Donald…
On CNBC’s MAD MONEY, Jim Cramer hosted Sirius Satellite Radio’s (SIRI) Mel Karmazin. As a reminder, Cramer was positive once already this afternoon on the STOP TRADING segment on CNBC around 2:45 PM EST.…
On last night’s MAD MONEY show on CNBC, Jim Cramer wanted to discuss how the elections could make you money.Boy, this sounds like ‘deja vu’ all over again.Cramer said that corporations may have lost…
I noted that Cisco Systems (CSCO) would need to go above and beyond expectations to impress the street, and that is just what the company did. CSCO closed up 1.05% at $25.10 in normal…
DJIA 12,176.54; Up 19.77 (0.16%)NASDAQ 2,384.94; Up 9.06 (0.38%)S&P500 1,385.72; Up 2.88 (0.21%)10YR-Bond 4.633% Down 0.026NYSE Volume 2,851,515,000NASD Volume 2,041,004,000On a post-election basis an on a day where we are awaiting CSCO earnings, stock…