The last anyone heard, US companies manufactured goods in China because labor costs were low and the out-sourcing saved money. Yesterday, Mattel’s (MAT) Fisher division recalled about one milion toys. They had…
Someone at the Apple (AAPL) Bar & Grill called for the last round just before closing and the research group at Bank of America wanted a drink. Yesterday the bank started is…
Douglas A. McIntyre Google (GOOG) pushed the FCC to offer open wiresless access as a condition of bidding on spectrum in the next auction that will open more broadband wireless conduits. The idea is to…
According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM (GM) and…
Markets in Asia were mixed The Nikkei rose .7% to 16,984. Canon (CAJ) was upp 3.3% to 6540. Honda (HMC) was down 1.7% to 4170. Sony (SNE) was down 1.3% to 6010.…
On Thursday afternoon, we’ll get to see the first real quarter from BigBand Networks (NASDAQ:BBND). The broadband network-based platform equipment maker has had a rough time of it since coming public earlier…
Douglas A. McIntyre On tonight’s MAD MONEY on CNBC, Jim Cramer said despite a sweet close it isn’t time to celebrate. In a preservation of capital strategy and cutting losses will generate gains anyway. He…
Douglas A. McIntyre Electronic Arts Inc. (NASDAQ:ERTS) has posted results with a gross profit of $229 million, but its actual net loss was $132 million. Its diluted EPS was -$0.42 net and -$0.22 on a…
Starbucks Corp. (NASDAQ:SBUX) has shown its earnings, and the results came in at net $0.21 EPS on revenues of $2.4 Billion. First Call estimates were $0.21 EPS and almost $2.4 Billion in…
Douglas A. McIntyre On today’s STOP TRADING on CNBC, Jim Cramer discussed the myriad of financial-related stocks and anything tied to housing as an area he’d still stay away from. In fact he said he’d…
Douglas A. McIntyre GM’s (GM) US sales fell 22% during July to 320,935. Car sales fell 26% and light trucks were off by 19%. At about the same time that GM announced its results Ford…
Starbucks Corp. (NASDAQ:SBUX) has seen its stock under pressure since the end of 2006. Tonight it reports earnings, and First Call estimates are $0.21 EPS and almost $2.4 Billion in revenues. The…
Motorola (MOT) hit a new 52-week low today. And, at $16.73, it is no wonder. Nokia (NOK), the US company’s larger rival, is expected to say that it sold nearly 100 million…
Douglas A. McIntyre Napster Inc. (NASDAQ:NAPS) is set to report earnings after the close, and First Call pegs estimates for another loss at -$0.15 EPS and just under $32.5 million in revenues. If the company…
Douglas A. McIntyre Sales of Toyota (TM) vehicles fell over 7% to 224,058 in the US during July. Ford (F) and Chrysler (DCX) had significant drop-offs in unit sales last month. The Japanese car maket…