All Work

Jon C. Ogg

Nike Earnings Just Did It (NKE)

Nike Inc. (NYSE: NKE) has now reported its earnings of $1.20 earnings per share and $5.8 billion in sales.  The footwear and apparel giant had estimates from Thomson Reuters of $1.16 EPS on $5.8…

Jon C. Ogg · 15 years ago

Micron Squeezes By on Earnings, Comparables Weak (MU)

Micron Technology, Inc., (NASDAQ: MU) has announced its quarterly earnings report.  The DRAM giant reported a wider net loss attributable to shareholders of $224 million, or -$0.23 in earnings per share.  Net sales were…

Jon C. Ogg · 15 years ago

Durata Therapeutics Files For IPO (DRTX)

A company called Durata Therapeutics, Inc. has filed to come public via an initial public offering.  While no terms have been set, the paperwork filed at the Securities and Exchange Commission is for up to…

Jon C. Ogg · 15 years ago

All 3 IPOs Go Hot (ET, VNTV, CSTE)

On a day that the broad market is in the red, you might not expect the world of initial public offerings to be too great.  As it turns out, it is.  All three of…

Jon C. Ogg · 15 years ago

Can Asian Franchise Growth Save RadioShack? (RSH)

RadioShack Corporation (NYSE: RSH) is putting its hope that international growth will drive a long overdue and hoped-for turnaround.  The company has announced a very large franchise growth pact under a master development agreement…

Jon C. Ogg · 15 years ago

Odds Increasing of Monster Buyout, Maybe (MWW)

Monster Worldwide Inc. (NYSE: MWW) may be “back for sale” in the minds of investors and speculators.  The company is currently under a strategic review to maximize shareholder value, but there has been a…

Jon C. Ogg · 15 years ago

AEP Formalizes Plant Closures, Power Grid Trouble Ahead? (AEP)

American Electric Power Company (NYSE: AEP) is making its closure plans official.  The power generator and utility has made its notifications to the PJM Interconnection and Southwest Power Pool to retire more than 4,600 megawatts…

Jon C. Ogg · 15 years ago

Randgold, a Mali Coup, and the Price of Timbuktu (GOLD)

Randgold Resources Limited (NASDAQ: GOLD) is paying a price for where it does business.  The political situation in the African nation Mali is in a coup.  The gold mining outfit has extensive exposure to…

Jon C. Ogg · 15 years ago

Analyst Kicks The Irish While They Are Down (IRE)

The Bank of Ireland (NYSE: IRE) is getting hit hard this morning.  Today’s move is not due to new developments in the lands of the PIIGS, is not on a new development of creditor…

Jon C. Ogg · 15 years ago

Leading Indicators Pointing Up

The Conference Board’s index of leading indicators for the month of February has been released and the February figure shows a reading of +0.7%.  Bloomberg had a consensus reading of +0.6%.  This was one…

Jon C. Ogg · 15 years ago

Trader Inquiry… Playing RIMM Down To Under $10 (RIMM)

It is far from a secret that Research-in-Motion Ltd. (NASDAQ: RIMM) is in trouble.  It is a classic value trap rather than a value stock.  I recently  had an interesting conversation with a trader…

Jon C. Ogg · 15 years ago

Fed Calls For Break-Up Of Too Big To Fail Banks

The Dallas Federal Reserve is calling for what would effectively be a break-up of the big banks in an effort to end the Too Big To Fail banking risks.  An annual report titled “Choosing…

Jon C. Ogg · 15 years ago

Kraft Identifies New Names & Units (KFT)

Kraft Foods Inc. (NYSE: KFT) today announced plans to change its corporate name to Mondelez International, Inc.  Does this name sound silly?  It does here, but you can decide for yourself at the end…

Jon C. Ogg · 15 years ago