6:53am ET
Investing
Pre-Market Analyst Calls (July 31, 2007)
ABM raised to Overweight at Lehman.ARP cut to Neutral at Sun Trust Robinson Humphrey.BLDR cut to Mkt Perform at Pip
Douglas A. McIntyre
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Markets closed
Page 10,096
Douglas A. McIntyre 6:46am ET
Investing
IAC Interactive (IACI): Bad News All Around
IACI (IACI) released second quarter 2007 results , reporting $1.5 billion in revenue, a 6% rate of growth over the prior year, and $136 million in Operating Income Before Amortization, compared to…
Douglas A. McIntyre 6:32am ET
Investing
CBS (CBS): No Good News
CBS (CBS) revenues of $3.4 billion for the second quarter of 2007 decreased 3% from $3.5 billion for the same quarter last year. Operating income before depreciation and amortization ("OIBDA") of $859.4…
Douglas A. McIntyre 6:23am ET
Investing
GM (GM): The General Fights Back
GM (GM) announced net income of $891 million, or $1.56 per diluted share, for the second quarter of 2007, an improvement of $4.3 billion compared with a reported net loss of $3.4…
Douglas A. McIntyre 6:10am ET
Investing
Sirius (SIRI): Getting Subscribers Is Getting Harder
Sirius (SIRI) reported second quarter results, including a 51% increase in revenue from the year ago quarter to $226.4 million, and strong subscriber growth of 561,493 new subscribers during the quarter driving…
Douglas A. McIntyre 5:56am ET
Investing
Lehman (LEH), Merrill (MER), Goldman (GS) And Bear (BSC) Get Junk Status
According to Bloomberg, the debt implied in the credit ratings of Merrill Lynch (MER), Goldman Sachs (GS), Lehman (LEH), and Bear Stearns (BSC) is akin to "junk" status. "Prices of credit-default swaps…
Douglas A. McIntyre 5:13am ET
Investing
Alcatel-Lucent (ALU): The Price of Failure
Shares of Alcatel-Lucent (ALU) are down over 8% in European trading, as they should be. After the much heralded merger, the integration of the two companies has been a disgrace. Revenue in…
Douglas A. McIntyre 5:04am ET
Investing
Europe Markets 7/31/2007 Big Rally
Markets in Europe were up sharply at 6 AM New York time. The FTSE rose 1.6% to 6,306. Barclays (BCS) was up 2.1% to 695. BHP Billiton (BHP) was up 2.6% to…
4:49am ET
Investing
Sun’s (SUNW) Poor Quarter
Sun Microsystems (SUNW) will be up today. Up big. After hours, the stock move as much as 11% on the plus side. That took them to $5.40, still well below their 52-week…
3:25am ET
Investing
Media Digest 7/31/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, a groups lead by an internet entrepreneur is still pressing it case to buy Dow Jones (DJ). Reuters writes that Alcatel-Lucent”s (ALU) loss for Q2 was greater than expected.…
2:58am ET
Investing
Asia Markets 7/31/2007
Markets in Asia were mixed The Nikkei fell .2% to 17,249. NTT (NTT) was down 1.3% to 518000. Toyota (TM) was down 1% to 7,200. The Hang Seng rose 1.5% to 23,090.…
Douglas A. McIntyre 10:18pm ET
Energy
Cameco: Playing Pinocchio or Pangloss (CCJ)
Cameco Corp. (NYSE:CCJ) did something interesting, and it’s a move that most companies do when they aren’t happy about a reaction to a news release. This morning the company issued earnings at…
Douglas A. McIntyre 6:34pm ET
Media
Just In Case…. Cramer Outlines the Doom & Gloom Scenario
On tonight’s MAD MONEY on CNBC, Jim Cramer said he is going at least address the doomsday scenario in the financial markets even though he doesn’t think it is reality. This would…
Douglas A. McIntyre 3:11pm ET
Consumer Electronics
Sun Microsystems Must Love Cheap Component Prices (SUNW)
Sun Microsystems (NASDAQ:SUNW) posted earnings of $0.09 EPS GAAP and $3.835 Billion in revenues. Estimates were $0.05 EPS and $3.84 Billion revenues, but the GAAP EPS also had soem charges in it. …
Douglas A. McIntyre 3:01pm ET
Investing
Unionizing Toyota (TM)
The UAW negotiations with GM (GM), Ford (F), and Chrysler (DCX) has awakened a sleeping dog. Why isn’t Toyota unionized in the US? The media is filled with data on how much…