Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey. That means that…
Apple (AAPL) always beats earnings forecasts. In the last quarter, it hit revenue of $6.22 billion and had a profit of $1.01 a shares. It sold 10.2 million iPods, 1.1 million iPhones…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
Below are the major changes in short interest in NYSE listed companies comparing the figures on September 28 with those on September 14. Largest Short Positions Company …
Online retailer Amazon (AMZN) hit a 52-week high last week. So did Priceline (PCLN), Expedia (EXPE), and eBay (EBAY). Even Overstock (OSTK) made the list. On the 52-week low side of the…
Best Buy (NYSE:BBY) is doing a large management suffle. Normally management shuffles spook investors and normally we don’t like to see them in good companies. But if this was being evaluated in…
Douglas A. McIntyre The lines are out. The costumes are on. Halo 3 is on imminent release. 10 minutes for the east coast. Halo 4, or the next version/series of Halo, is already under development. …
On tonight’s MAD MONEY on CNBC, Jim Cramer said some companies fail for many reasons. If you have to have to US consumer spending, the rate cuts might not help. Cramer has…
By now, everyone on earth knows of the launch of Halo 3. Microsoft’s (NASDAQ:MSFT) Bungie Studios is launching this at Midnight tonight. This should pretty easily surpass the $125 million in first-day…
The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares short on…
Circuit City Stores, Inc. (NYSE:CC) is feeling the wrath of the trading gods today. At $9.05 it’s also putting in a new 52-week low under the prior $9.43 low, and this is…
Word is that Wal-Mart (WMT) will offer a sub-$300 back-to-school PC. Early versions may have Microsoft (MSFT) Windows but DeskTopLinux says that it will ship with Ubuntu Linux soon. Having a such…
Below are key short interest statistics for July. The figures are as of July 13 compared to June 15, 2007 Largest Short Positions Company …
Sometimes the media will take a little bit of news and carry it too far. CNN Money recently speculated that because Wal-Mart had good sales in consumer electronics during the four weeks…
According to Reuters, Rio Tinto (RTP) has launched a $38.1 billion takeover bid for Alcan (AL). Reuters writes that customers at JP Morgan have been confused by opposite calls on future plans…