The Consumer Electronics Show kicked off last night with a keynote from Bill Gates (supposedly his last) and there are many product announcements being shown from large and small tech companies alike. …
The tech sell-off is accelerating. It may be that Intel (INTC) got downgraded or that Motorola (MOT) may have had a weak Q4. But, the problem is probably worse than that. Tech…
Georgia Gulf (GGC) No news. Homebuilder exposure? Down to $4.90 from 52-week high of $21.90. Rite Aid (RAD) Bad same-store sales. Down to $2.26 from 52-week high of $6.74. AMD (AMD) Goes…
Last year AMD (AMD) issued its 2006 full-year results on January 23. It is probably a good guess that 2007 calender numbers will come out at the end of the third week…
Douglas A. McIntyre A recent poll from Reuters showed that analysts believe that earnings growth rates will go negative in the fourth quarter. It is the first time that has happened since the poll was…
Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others. With no surprise, airlines followed…
It is unusual to see this many 52-week lows in big cap stocks, but many of these are credit or oil-price related. US Air (LLC) down to $13.50. Northwest Air (NWA) down…
These are not at all the only impact analyst calls kicking off the new year, but these are the calls we are focusing on this morning at 247WallSt.com: Advanced Micro Systems (AMD),…
AMD (AMD) has already fallen as much as almost any stock traded on the NYSE during 2007. Now it has been downgraded to "sell" at Banc of America. According to MarketWatch the…
Douglas A. McIntyre As the year turns two pieces of unrelated news may turn out to be part of the same fabric. Kuwait has announced that its sovereign fund will begin to cherry pick US…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end…
2007 has been a volatile year in the stock market, but there are many key technology CEO’s who just aren’t making a passing grade. 247WallSt.com has issued a brief list of some…
For the December 14 period, short interest in financial stocks sky-rocketed compared to figures on November 30. Shares sold short in Citigroup (C) grew 20 million to 104.9 million. Shares short in…
Saudi Arabia is sick of the big sovereign funds in China and Abu Dhabi kicking sand in its face. The country plans to put a fund in place that will "dwarf Abu…
