Updated: 31 October 2008 Not all companies and industries will be hit equally hard by the consumer credit crisis. Operations such as Procter & Gamble (PG), McDonald’s (MCD), and Wal-Mart (WMT) may…
Unfortunately there is no real clear trend in the Internet sector stocks in the short selling from mid-August to late August as you will see below. Internet …
The evidence that sales at many companies are struggling and that employment will suffer are almost everywhere. Recently, a division of GMAC said it would let 5,000 people go. According to MSNBC,…
The good thing about the Apple (AAPL) iPod is that the company has sold 160 million of them. That is the bad thing about the device as well. Apple ships about 10…
If you think the long-gone uptick rule or naked shorting was important for financial stocks, you might wonder what was going on in technology stocks with short sellers. In the major NASDAQ…
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.
Shares of Amazon.com Inc. (NASDAQ: AMZN) ar responding favorably to its earnings announcement. The internet retail giant posted $0.37 EPS and $4.06 Billion in revenues versus estimates of $0.26 non-GAAP EPS on…
Douglas A. McIntyre After the close of trading today we’ll get earnings out of Amazon.com Inc.(NASDAQ: AMZN). The internet retail giant’s estimates from First Call are $0.26 non-GAAP EPS on $3.96 Billion. Estimates for next…
Douglas A. McIntyre According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
According to Reuters, the FBI is probing IndyMac (IMB) for possible fraud. Reuters reports that Ebay’s (EBAY) outlook knocked its shares down. Reuteres writes that Merrill Lynch (MER) will sell its Bloomberg…
Sony (SNE) will add the ability to download and play movies as the latest service for its PS3 video console product. Several companies like Amazon (AMZN) and Apple (AAPL) began offering similar…
According to Reuters, the government is considering taking over Freddie Mac (FRE) and Fannie Mae (FNM). Reuters writes that Google (GOOG) thinks that an independent Yahoo! (YHOO) would be better for the…
Shares of Amazon.com (NASDAQ: AMZN) are trading lower in after-hours trading. The company hasn’t issued any new news, but the problem is that United Parcel Service (NYSE: UPS) gave an earnings warning. …
Nokia (NOK) will join the scores of consumer electronics companies which have lost billions of dollars on the Hollywood walk of fame. It is not enough that Nokia has 40% of the…
Standard & Poor’s Ratings Services has raised its corporate credit rating on Amazon.com (NASDAQ: AMZN) to ‘BB+’ from ‘BB’. While this is still junk status, it is now just a notch under…
Douglas A. McIntyre