Today we’ll see earnings out of Borders Group, Inc. (NYSE: BGP). The estimates from First Call are $1.42 EPS on $1.34 billion in revenues. Next quarter estimates are -$0.40 EPS on $759.44…
Douglas A. McIntyre New data from ChangeWave Research point to a huge drop in spending on consumer electronics. The most recent data was taken from a survey of 4,427 consumers between February 19th and 25th.…
Below are the top analyst upgrades and downgrades we are looking at this Tuesday morning: Altria Group (NYSE: MO) Started as Buy at UBS. Amazon.com (NASDAQ: AMZN) started as Buy at Canaccord…
According to Reuters, Google (GOOG) lost a key executive to Facebook. Reuters reports that losses at Credit Agricole were worse than expected Reuters reports that OPEC indicated that it would leave production…
News Corp’s (NYSE: NWS) MySpace social network which has about 110 million registered users is near a deal to offer music downloads. Instead of members paying for songs, they will be advertising…
The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is…
This morning Amazon.com (NASDAQ: AMZN) has announced that it is retiring debt and will buy back common stock. Bezos & Co. has authorized a debt repurchase program that it may repurchase, redeem…
Douglas A. McIntyre Google (GOOG) joined the list of big online companies that disappointed just about everyone with its earnings. Revenue rose 51 percent to $4.827 billion. That just wasn’t enough. Google’s share will probably…
Audible Inc. (NASDAQ: ADBL) is finally being acquired. Amazon.com (NASDAQ: AMZN) will pay some $11.50 per share of Audible in an all-cash buyout. Including Audible’s cash on hand, this transaction is valued…
Douglas A. McIntyre Wall St. has gone through the looking glass into Wonderland with Alice. The world is upside down now. Awful results at firms like E*Trade (ETFC) and Countrywide (CFC) can make shares rally.…
According to Reuters, Amazon’s (AMZN) financial results show that its profit margins were squeezed in the last quarter. Reuters writes that Starbucks (SBUX) will close 100 stores and say 2008 could bring…
After the close of trading on Thursday, the beloved Google (NASDAQ: GOOG) will report earnings for Q4-2007. This is the last of the internet giants to report earnings. Interestingly enough, all of…
Amazon.com (NASDAQ: AMZN) posted earnings with net income at $0.48 EPS on net sales of $5.67 Billion. First Call had estimates pegged at $0.48 EPS and $5.37 billion in revenues. Interestingly enough,…
Douglas A. McIntyre Amazon.com (NASDAQ: AMZN) is set to report earnings after the close today. First Call has estimates pegged at $0.48 EPS and $5.37 billion in revenues. Next quarter’s estimates are $0.35 EPS and…
Douglas A. McIntyre Web 1.0 started long before the Nasdaq crash of 2000. In 1995 companies like Yahoo! (YHOO) started to show up. So did Lycos, Geocities, Altavista, and Swtichboard. Most of those companies are…
