Archive for April, 2006

  • Junior Wall Street Wannabes
    , April 30th, 2006 at 11:57 am

    The NYT weighs in on the Plotkin/Pajcin case: Wall Street has often been plagued by insider trading scandals in the past, most spectacularly in 1980′s, [...]

  • John Kenneth Galbraith, 1908-2006
    , April 30th, 2006 at 7:43 am

    From the New York Times: He wrote two more major books in the 50′s dealing with economics, but both were aimed at a large general [...]

  • On Top of the World
    , April 29th, 2006 at 3:42 pm

    The Economist looks at Goldman Sachs (GS): By any measure, Goldman Sachs is a formidable company. The bank knocks the spots off its competitors, whether [...]

  • Dell and Microsoft
    , April 28th, 2006 at 2:20 pm

    In less than a decade, Dell (DELL) and Microsoft (MSFT) have gone from growth stocks to value stocks. Shares of MSFT are getting ripped today [...]

  • Supply and Demand
    , April 28th, 2006 at 9:07 am

    Charles Krauthammer is today’s Washington Post. His theory for higher oil prices: something about supply and demand. China has come from nowhere to pass Japan [...]

  • Economy Grew By 4.8% in First Quarter
    , April 28th, 2006 at 8:51 am

    The government just reported that the economy grew by 4.8% in the first quarter. That’s a pretty good number. Inflation actually slowed down some. I [...]

  • Divergence
    , April 27th, 2006 at 2:37 pm

    Look at this divergence between the cyclicals (blue line) and the consumer stocks (red line). These indexes normall track each other fairly closely. Combined with [...]

  • UNH Changes Governance Policy
    , April 27th, 2006 at 2:24 pm

    UnitedHealth (UNH) is in much more trouble than I realized. The stock dipped below $47 a share this morning. The company is in crisis-management mode. [...]

  • The Hard-Hitting Questions
    , April 27th, 2006 at 11:12 am

    From TheStreet.com’s earnings call courtesy of Seeking Alpha. Michael Moncroft – MRM Capital Okay. Let me ask you this question. From the standpoint of valuation, [...]

  • Earnings from Respironics and Fair Isaac
    , April 27th, 2006 at 10:44 am

    The market has flipped-flopped today. The cyclicals, particularly the oil stocks, are feeling the pain. But the consumer and defensive stocks are holding onto some [...]

  • Fiserv Shares Up Despite Analysts’ Worries
    , April 26th, 2006 at 11:29 am

    Fiserv (FISV) is doing well today, but the AP notes that some analysts are worried: Analysts said the company, which caters to the financial services [...]

  • Other Enron Scams
    , April 25th, 2006 at 7:31 pm

    From The Onion:

  • Today Never Happened
    , April 25th, 2006 at 5:40 pm

    Yuck. Not a good day for our Buy List. Let’s just pretend today didn’t happen. What I love about Wall Street is that a new [...]

  • UnitedHealth Under Fire
    , April 25th, 2006 at 9:46 am

    Today is a big day for earnings. AFLAC (AFL), Varian Medical (VAR) and Fiserv (FISV) all report today. The Wall Street Journal reported that the [...]

  • Brown & Brown’s Earnings
    , April 24th, 2006 at 9:12 pm

    BRO earned 36 cents a share for the first quarter, inline with forecasts. Net income per share for the quarter ended March 31, 2006 was [...]

  • Could a computer be the next Buffett?
    , April 24th, 2006 at 4:00 pm

    Money Magazine asks the question: A recent study by Goldman Sachs Asset Management concluded that while over 15 years a human manager can beat a [...]

  • The Penny Bull Market
    , April 24th, 2006 at 11:55 am

    Thanks to the bull market in copper, the penny is about to worth more than one cent. Wow! Our money will be worth something. This [...]

  • Get Ready for the Largest IPO in History
    , April 22nd, 2006 at 10:48 pm

    Coming this summer, the largest IPO in history, and it’s not a tech stock. It’s not even American. Rosneft, the Russian oil company, is set [...]

  • Dell Is Below $27
    , April 21st, 2006 at 1:36 pm

    The bears have it out for Dell (DELL). The stock is down to $26.91 a share. I think this is a good time to remind [...]

  • Yankees 1st Team to Top $1 Billion in Value
    , April 21st, 2006 at 9:17 am

    According to Forbes, the New York Yankees are the first baseball team to be worth over $1 billion. Forbes estimated the Yankees had $50 million [...]