Gap (GPS) same-store sales fell 7% in July. Wall St. expected a 4.9% drop. It must be that US shoppers are upset that the company hired a Canadian to be CEO. Gap…
Douglas A. McIntyre Perhaps it is all of these Dell PCs that it is selling. Or, the new program that allows buyers to order products and walmart.com and pick them up in stores. Wal-Mart (WMT)…
Douglas A. McIntyre Vonage (VG), know in some quarters as the worst IPO in history, had a decent earnings announcement. Revenue for the second quarter 2007 grew to a record $206 million, a 43% increase…
Douglas A. McIntyre AA raised to Outperform at FBR.AHR raised to Buy at Jefferies.CHK cut to Mkt Perform at Wachovia.CMRG cut to Neutral at JPMorgan.CNC raised to Hold at Jefferies.CVC cut to Mkt Perform at…
Douglas A. McIntyre Verizon (VZ) is trying to take business from cable companies like Comcast (CMCSA) and Time Warner Cable (TWC) using its new $23 billion fiber-to-the-home project. The cable guys are trying to take…
Markets in Europe were down sharply at 6.10 AM New York time. The FTSE fell .9% to 6,338. Barclays (BCS) was down 3% to 691. BP (BP) was down 2.2% to 545.5.…
Wal-Mart (WMT) has signed a deal with Facebook that will allow college roommates to use the social network to help decorate their dorms. The users will take a quiz and then match-up…
Douglas A. McIntyre Google (GOOG) has announced that people who have written content used in Google News of subjects covered in articles in the service will be able to comment on the content. It is…
Douglas A. McIntyre Toyota (TM) is the hybrid company. The Prius is the hybrid car. The Japanese car company has used that reputation to build a hybrid business in the US that no domestic company…
Blockbuster (BBI) bought Movielink, a premium video content download service owned by several Hollywood studios. The price was rumored to be $20 million. The move is almost certainly two years too late.…
According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios. Reuters writes the net income and sales rose at News Corp (NWS). Reuters reports that Wal-Mar (WMT)…
Markets in Asia were mixed. The Nikkei rose .8% to 17,171. Canon (CAJ) rose 1.1% to 6490. Docomo (DCM) rose 2.9% to 176000. Toyota (TM) fell .5% to 7270. The Hang Seng…
Douglas A. McIntyre American International Group, Inc. (NYSE:AIG) posted earnings ahead of estimates with $1.64 EPS on $31.15 Billion, which compares to First Call estimates of $1.61 EPS & $30.1 Billion revenues. On an adjusted…
Douglas A. McIntyre News Corp’s (NWS) interactive unit made money last quarter, driven by advertising and search revenue at MySpace. For the quarter ending June 30, the entire company had net income of $890 million…
Douglas A. McIntyre Uranium Resources, Inc. (NASDAQ:URRE), the speculative uranium explorer and miner, has made several executive change decsions today. The stock has been up most of the day and shares are still up more…
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