According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast. Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter. Reuters writes that…
Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) just saw shares tank intra-day. The Wall Street Journal has reported that an FCC member has voted against the merger making…
Douglas A. McIntyre Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR) are both trading higher pre-market on reports that the last FCC commissioner will back the merger if the companies…
Douglas A. McIntyre A venti cappuccino costs $4.85 at a New York City Starbucks (SBUX). There may be some tax on that. Starbucks trades at $13.57, so it still has a value well above the…
Short sellers seems to think the either the merger between Sirius (SIRI) and XM Satellite (XMSR) will not go through or that it will be too late for the financially crippled companies.…
Douglas A. McIntyre The short interest in most financial and industrial companies rose sharply for the period ending June 30. Shares sold short in Washington Mutrual (WM) rose 21.6 million to 276.4 million. Short interest…
We already saw the first projections yesterday from Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR). We also saw the resounding thud that the markets greeted the…
Douglas A. McIntyre According to Reuters, global companies may start to issue profit warnings as business slows overseas. Reuters reports that InBev is sticking to it offer to buy Anheuser-Bush (BUD). Reuters reports that Chrysler…
Sirius (SIRI) told the world how things would look at the company after its proposed merger with XM Satellite (XMSR). The world greeted the forecast with scorn. The company called the savings…
Sirius (SIRI) staged an odd rally late Friday, moving up 15%. the rise began after 2 PM. The sharp increase in the shares was may on tremendous volume, nearly 47 million shares.That…
Douglas A. McIntyre XM Satellite Radio Inc. (NASDAQ: XMSR) and its XM Satellite Radio Holdings Inc. announced in a filing today that (on June 26, 2008) it has entered into a Credit Agreement relating to…
Douglas A. McIntyre Oshkosh (OSK) Comes out with extremely week outlook. Sells down to $22.20 from 52-week high of $65.83. GM (GM) Big sell rating and possible credit rating downgrade. Economy catches up to Detroit.…
Even with the news that the FCC is almost certain to approve the Sirius (SIRI) merger with XM Satellite (XMSR), shares in the company hit a 52-week low of $1.97. The stock…
Thornburg Mortgage (TMA) Worries about going out of business. Down to $.22 from 52-week high of $27.82. Huntsman (HUN) Apollo walks on buy-out deal. Falls to $12.15 from 52-week high of $28.40.…
