Lenovo Shares Hit As PC World Implodes
So much for the turnaround at Dell (DELL) and the two-year revival at Hewlett-Packard (HPQ). Even overseas PC companies like Lenovo are being hurt by the perception that US demand for computers…
So much for the turnaround at Dell (DELL) and the two-year revival at Hewlett-Packard (HPQ). Even overseas PC companies like Lenovo are being hurt by the perception that US demand for computers…
Countrywide Financial (CFC) Chapter 11 rumors, Denial does not help. Drops to $5.05 from 52-week high of $45.26. MBIA (MBI) Still plenty of panic left in the bond insurance world. Sells off…
Intel (NASDAQ: INTC) is being defended by American Technology Research ("AmTech") on recent weakness today. This isn’t just a "reiterated Buy" rating (even if it is "reiterated Buy") as the direct thesis…
It seems that all of a sudden corporations are deciding to do the right thing by getting rid CEO’s that have put the companies and shareholders in untenable positions. We called CEO…
The market things that tech spending is going to get hurt this year. Wall St. can see it in the stock prices of Dell (DELL), AMD (AMD), Intel (INTC), and other "big…
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…
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…
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…