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12:06pm ET
Investing

Is Verizon (VZ) FiOS Hurting Cablevision (CVC)?

Cablevision (CVC) announced earnings today. The most notable piece of news was that Verizon’s (VZ) FiOS fiber-to-the-home business is affecting cable subscriptions at about the rate that Cablevision has been projecting for…

Douglas A. McIntyre
11:28am ET
Cars and Drivers

Ford (F): Profitable Again?

Ford’s (F) Alan Mulally told an industry conference that the company should be profitable again in 2009. At about the same moment, GM (GM) was saying the its was revising its 2007…

F GM
Douglas A. McIntyre
11:01am ET
Investing

How The CheckFree Buyout Killed An ETF (FISV, CKFR, BHH, MER)

Fiserv’s (NASDAQ:FISV) proposed cash buyout of CheckFree (NASDAQ:CKFR) for some $4.2 Billion, did at least make some CheckFree shareholders whole again.  The $48.00 cash buyout price is actually a ‘takeunder’ if you…

Douglas A. McIntyre
8:38am ET
Banking, finance, and taxes

Blackstone’s $21.7 Billion Fund Now Closed (BX)

If private equity is really dead, then why did a $21.7 Billion private equity fund just get closed upon.  The Blackstone Group (NYSE:BX) has sent out notice that today was the final…

BX
Douglas A. McIntyre
8:14am ET
Infrastructure

Infrastructure Earnings Scorecard (MDR, FLR, FWLT, ACM)

If you have watched the infrastructure stock news this week, you will know most of these companies have beat earnings expectations and the industry isn’t seeing any major weakness ahead. Fluor (NYSE:FLR)…

Douglas A. McIntyre
7:48am ET
Investing

The Trouble With Portfolio.com

There has been a lot of press about Conde Nast’s Portfolio magazine. The magazine publishing giant wants something to compete with Fortune and Forbes. A lot of the early reaction has been…

Douglas A. McIntyre
7:44am ET
Retail

Hansen Chugging Earnings (HANS)

Hansen Natural Corp. (NASDAQ:HANS) is gapping up pre-market after the company exceeded earnings estimates.  The company was expected to post $0.36 EPS on $217.65 million in revenues, but the 54% revenies gain…

Douglas A. McIntyre
7:23am ET
Investing

Pre-Market Stock News (August 8, 2007)

(ABTL) Autobytel -$0.12 EPS vs -$0.16 est.(AGU) Agrium $1.70 EPS vs $1.58 est.(ALLT) Allot -$0.01 EPS vs $0.01 est.(BNI) Burlington got an additional 1.6 million shares purchased by Berkshire Hathaway, about a…

Douglas A. McIntyre
7:06am ET
Retail

McDonald’s (MCD) Same Store Sales Jump

Starbucks (SBUX) must feel like someone is walking over its grave. McDonald’s (MCD) same-store sales rose 6.5% in July. The company said the the improvement in the US was due to the…

Douglas A. McIntyre
6:34am ET
Investing

Pre-Market Analyst calls (August 8, 2007)

ACLS raised to Equal Weitght at Lehman.AEG cut to Peer Perform at Bear Stearns.ALXN cut to Neutral at Credit Suisse.CSC raised to Hold at Jefferies.CSCO raised to Outperform at Bear Stearns.DKS cut…

Douglas A. McIntyre
6:09am ET
Investing

Sprint (S) Revenue Rises 2%

Sprint’s (S) net operating revenues of $10.2 billion in the second quarter were 2% above the year-ago period For the second quarter, diluted earnings per share (EPS) from continuing operations was 1…

Douglas A. McIntyre
5:45am ET
Investing

Europe Markets 8/8/2007

Markets in Europe were broadly higher at 6.40 AM New York time. The FTSE rose 8% to 6,349. BHP Billiton (BHP) was up 1.8% to 1388. Vodafone (VOD) rose .3% to 158.8.…

Douglas A. McIntyre