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Today’s 52-week low list was full of some of the usual suspects, and you can count airlines as the top group of 52-week lows after that breather in oil prices did not hold. There were also many...
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Martha Stewart Living (MSO) CEO Susan Lyne was asked to leave the table today. Two other executives at the company replaced here. The market did not like the news and pushed the stock down over 3%....
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Advertising-supported cable networks are having a good year, and much of that is at the expense of traditional broadcast operations. The one of those which is a standalone company is CBS (CBS)....
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Short sellers are making significant bets that most financial stocks traded on the NYSE will fall sharply. Data is as of May 15 and compares to information on April 30. Short interest in Countrywide...
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According to Reuters, Microsoft’s (MSFT) Steve Ballmber said his company will not bid for Yahoo! (YHOO). Reuters writes that HP’s (HPQ) operating margin rose to 10% in the last quarter. Reuters...
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It is almost impossible to imagine what the CBS (CBS) management and board were thinking when they bought CNET (CNET) for $11.50 a share or $1.8 billion. CNET has done so poorly that the shares have...
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In a move that makes little sense, a TV network, CBS (CBS) will buy a tech website business, Cnet (CNET). The price was $11.50. Cnet has been under pressure by activist shareholders to sell the...
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Viacom Inc. (NYSE: VIA) posted earnings of $0.44 EPS on $3.12 Billion in revenues. First Call consensus estimates were $0.41 EPS and $2.97 Billion on revenues. This shows that revenues rose 14.7%...
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These are not the only analyst calls affecting shares today, but these are ten of the calls that we are focusing on this Wednesday morning: Angiotech Pharmaceuticals (NASDAQ: ANPI) raised to...
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The torpedoes from Viacom (VIA) ran true and have hit CBS (CBS) right in the boiler room. One of Sumner Redstone’s companies is out to get the other. Fratricide at its finest. Viacom’s Paramount...
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According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash. Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA)...
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According to Reuters, Alcoa (AA) profits fell by half due to high energy costs and a weak dollar. Retuers reports that AMD (AMD) cut guidance and will lay-off 10% of its staff. Reuters reports that...
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According to Reuters, Lehman (LEH) raised $4 billion. Reuters writes that US factory orders probably fell in February. Reuters reports that the Fed approved the JPMorgan (JPM) purchase of Bear...
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The short interest in most large stocks traded on the NYSE increased as measured on March 14. The figures compare to February 29. Car stocks were hit especially hard. Shares short in Ford (NYSE: F)...
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Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as a whole,...
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