Archive for July, 2005

  • eBay Keeps Going
    , July 21st, 2005 at 1:30 pm

    eBay had a great earnings report. I’m simply amazed at how well this company performs. Sales jumped 40%, and net income rose by 53%. All [...]

  • Free the Yuan (and Katie too!)
    , July 21st, 2005 at 1:05 pm

    It finally happened: The Yuan is free! Well, not entirely free. But more free, nonetheless. The Chinese government officially ditched its peg to the U.S. [...]

  • Lucent’s Word of the Day
    , July 20th, 2005 at 5:01 pm

    The Newark Star Ledger: Generally speaking, we had a good, solid quarter. This is a tough industry,” Lucent Chairman and Chief Executive Patricia Russo said [...]

  • Tom Brown on BofA
    , July 20th, 2005 at 3:32 pm

    I always enjoy reading Tom Brown. He’s one of the sharpest banking analysts around. Here’s a sample of his feelings about the Bank of America/MBNA [...]

  • Your Guide to Earnings Season
    , July 20th, 2005 at 12:15 pm

    I know earnings season can be a bit confusing for investors, so here’s my effort to make this trying time a little less confusing. First, [...]

  • The Bond Bubble
    , July 19th, 2005 at 1:05 pm

    How come we never hear about a Bond Bubble? I’m always being told that we’re in a housing bubble. You certainly don’t have to look [...]

  • China’s Economy
    , July 19th, 2005 at 10:04 am

    Tomorrow, the Chinese government will report how well their economy did in the second quarter. We all know the economy in China is booming, but [...]

  • Google Watch
    , July 19th, 2005 at 8:46 am

    Isn’t Google just adorable? Those new fangled Web folks refuse to play by the Wall Street’s rules, and that’s why the Street doesn’t like them. [...]

  • Idiot Award
    , July 18th, 2005 at 5:19 pm

    If you plan to fax out bogus stocks tips to one million people, it’s a good rule to avoid faxing the Securities and Exchange Commission. [...]

  • Stocks Vs. Real Estate
    , July 18th, 2005 at 10:30 am

    The Apprentice #3, Kendra Todd, was on yesterday’s Bulls & Bears. I admit, I was hoping to see her cry again, but alas, no such [...]

  • CNOOC & Unocal
    , July 16th, 2005 at 5:38 pm

    This is starting to look bad. Now, CNOOC is meeting with Unocal’s board to get them to change their mind and support CNOOC’s bid. On [...]

  • Procter & Gamble Wins European Union Approval to Buy Gillette
    , July 15th, 2005 at 2:18 pm

    The EU has approved the Gillette/P&G merger. It all came down to toothbrushes. To placate the Eurocrats, P&G decided to sell its SpinBrush line of [...]

  • Looking for a Bubble?
    , July 15th, 2005 at 9:29 am

    If you’re looking for an investment bubble, you might want to consider shipping stocks. The Holy Grail of the shipping industry is something called the [...]

  • S&P’s Four-Year High
    , July 15th, 2005 at 8:56 am

    The S&P 500 closed at a four-year high yesterday. And why not? Earnings are up and bond yields are down. That’s your formula for higher [...]

  • GE’s Earnings
    , July 15th, 2005 at 8:24 am

    GE reported earnings of $4.65 billion, a 24% increase over the $3.75 billion it earned last year. The company’s sales increased 13% to $41.56 billion. [...]

  • Apple’s Earnings Update
    , July 14th, 2005 at 1:04 pm

    Apple Computer reported very strong earnings yesterday. Profits jumped fivefold, and sales rose by 75%. Apple earned 37 cents a share, six cents more than [...]

  • Jim Cramer’s Geography
    , July 14th, 2005 at 9:59 am

    I saw Jim Cramer’s Mad Money TV show last night. During the “lightening round,” a caller asked him his thoughts on PetroKazakhstan (PKZ). The stock [...]

  • Small-Caps Shine
    , July 13th, 2005 at 3:10 pm

    What’s been the hottest sector on Wall Street? Small-cap stocks. The Russell 2000 Index of small stocks has been outperforming the S&P 500 since April [...]

  • CNOOC’s Bid for Unocal
    , July 13th, 2005 at 2:05 pm

    There’s growing concern over CNOOC’s bid for Unocal. The problem is that CNOOC is 70%-owned by the Chinese government. ChevronTexaco is interested in Unocal as [...]

  • Ebbers Gets 25 Years
    , July 13th, 2005 at 1:28 pm

    See ya in 2030! 2027 for good behavior.