Business

Goldman Sachs Oil Call Overshadows ExxonMobil Earnings (XOM, SLB, BP, BHI, TSO, XLE, OIH)

Goldman Sachs may not be reversing its entire bullish stance on oil after oil traded over $93.00 per barrel on Monday, but it is recommending some old fashioned profit taking.  ...
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Why Wall St. Hates Starbucks (SBUX)

Starbucks (SBUX) broke below $25 today, not too far from its 52-week low. Less than a year ago, the shares traded over $40.The last significant analyst call on the company ...
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RealNetworks Earnings Expectations (RNWK, TIVO, VIA)

RealNetworks Inc. (NASDAQ:RNWK) is set to report earnings after today's close.  First Call has estimates at -$0.01 EPS on revenues of $143.4 million, but there are some estimates with a ...
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Best Buy (BBY) Goes Video

Since every other company in the world from NBC to Wal-Mart (WMT) to Amazon (AMZN) is in the video distribution, why not Best Buy (BBY)?Why not, indeed. Today the company ...
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Coca-Cola (KO) Shown Disrespect For Desani Water

Consumers International give out annual prizes for the world's worst products. Perhaps someone from Coca-Cola (KO) showed up a the award dinner to collect its prize. According to the AFP ...
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EA To Reap Rewards From LucasArts (ERTS)

LucasArts and BioWare Corp. today announced that they have entered into an agreement to create an interactive entertainment product.  Normally we wouldn't cover this because both are private companies.  But ...
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Finally, Merrill Lynch Announced the Inevitable (MER)

Merrill Lynch (NYSE:MER) has finally announced a part of the inevitable.  Stan O'Neal is retiring effective immediately, which we all know is a mutual resignation and firing after the worst ...
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Countrywide (CFC) Won’t Make Money In Q4

After Countrywide (CFC) reported its third quarter loss last week, the company said that it would make money in Q4 and next year. There is really no way for the ...
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Media Digest 10/30/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Alan Greenspan say that the demand for subprime mortage securities is down. Reuters writes that the UAW is gearing up for tough talks with Ford (F).The Wall ...
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Under Armour Suiting Up For Earnings (UA, NKE)

On Tuesday morning (Oct. 30), we'll get the awaited earnings report from Under Armour (NYSE:UA).  Q3 is expected to see $0.34 EPS on $190.95 million revenues according to First Call's ...
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XM Satellite (XMSR) Shares Out-Performing Sirius (SIRI)

Shares in XM Satellite (XMSR) should be trading in tandem with shares in Sirius (SIRI). They are, after all, planning to merge. For much of the year, the two stocks ...
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WellCare Analyst Hopes….. Either Genius Or Just Crazy (WCG)

Shares of WellCare Health Plans (NYSE:WCG) are up marginally in pre-market trading Monday.Jefferies & Co. issued a report that, despite the FBI raids, the company probably won't lose its Medicare ...
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UAW Deal Done, GM (GM) Looks To China

Now that GM (GM) has its UAW deal in hand, it is hinting that getting its North American business back in shape still may take several years. "It has a ...
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Humana’s Earnings Surge Continues (HUM)

Humana is seeing shares up at new year highs in pre-market trading this morning.  The health insurer posted $1.53 EPS versus the $1.48 estimate on revenues of $6.32 Billion versus ...
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Gap’s (GPS) PR Problem

One of Gap's (GPS) factories in India is employing children as young as 10 years-old. According to MarketWatch, "In a statement released later Sunday, Gap said it was only informed ...
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