Archive for December, 2006

  • The ‘Wow’ Factor
    , December 24th, 2006 at 12:44 pm

    Eleven months ago, Ford (F) unveiled its “The Way Forward” restructuring plan. Today, George Will takes a look at how things are going: Mulally’s vision [...]

  • CEO Tells Truth, Apologizes
    , December 22nd, 2006 at 1:23 pm

    Seagate CEO: I help people “watch porn” We begin counting, now. One, two, thr… Seagate CEO apologizes for porn remark

  • Dow Flirts with 12,500, Gets Number, Never Calls
    , December 22nd, 2006 at 10:51 am

    Yawn. Talk about light volume, not a trader is stirring. The market is down again today after coming oh-so-close to breaking the elusive 12.5K barrier [...]

  • “Cramer” on WallStrip
    , December 22nd, 2006 at 10:19 am

    Lindsay has a special guest audition. “Shirt on.” Here’s another Cramer outtake.

  • The Stock Market in 3D
    , December 22nd, 2006 at 7:43 am

    From Information Aesthetics: an artistic 3D visualization of New York stock exchange data. “I Deal Solution” uses the spiral metaphor for its ability to translate [...]

  • Coastal Financial Soars on Buyout
    , December 21st, 2006 at 1:36 pm

    As long-time readers know, periodically I’ll write about little-known stocks that have strong businesses, but are unheard of on Wall Street. I’ve never understood why [...]

  • Random Thoughts
    , December 21st, 2006 at 1:05 pm

    I watch CNBC in my office with the sound muted. Strangely, even with no sound, I can always understand what Rick Santelli is saying. Also, [...]

  • 3Q GDP Revised to 2.0%
    , December 21st, 2006 at 10:11 am

    This morning, the government revised third-quarter GDP growth to 2.0%. The initial estimate was for 1.6%. Then it went to 2.2%, and now it’s back [...]

  • Sarkozy Calls Shareholders Hooligans
    , December 21st, 2006 at 9:45 am

    From Nicolas Sarkozy, a candidate for president of France: Our country has to get organised to stop the actions of shareholders who… aren’t entrepreneurs but [...]

  • Biomet PE Group to Bid for Smith & Nephew
    , December 21st, 2006 at 9:33 am

    This is getting interesting. There’s a report that the private equity group that’s buying Biomet is now considering a bid for Smith & Nephew. Just [...]

  • Have Dwight Call Your Friends
    , December 21st, 2006 at 7:16 am

    If you’re a fan of The Office, go to this site. Click on “Get a Call,” and follow the steps from there.

  • Update on Bed Bath & Beyond
    , December 21st, 2006 at 7:07 am

    I’ve had some time to review the Bed Bath & Beyond (BBBY) conference call (see here, via Seeking Alpha). First, the company had a charge [...]

  • In China Feng Shui Guys See Market Top
    , December 21st, 2006 at 6:51 am

    From Reuters: Forget fund flows and profit predictions, 2007 is about “fire sitting on water”. Buy oil, avoid metals, and don’t get your fingers burnt. [...]

  • Bed Bath & Beyond Earned 50 Cents a Share
    , December 20th, 2006 at 4:29 pm

    Bed Bath & Beyond (BBBY) just reported earnings of 50 cents a share, two cents below estimates. Wall Street was expecting earnings of 52 cents [...]

  • Vornado Realty Trust
    , December 20th, 2006 at 11:54 am

    More boring stocks. Today, I give you Vornado Realty Trust (VNO). Over the last 32 years, shares of Vornado are up more than 600-fold. The [...]

  • Blankfein Rakes In $54 Million
    , December 20th, 2006 at 6:46 am

    The WSJ reports that Lloyd Blankein’s, Goldman Sachs’ CEO, bonus was for $54 million, the biggest in Wall Street history. Mr. Blankfein’s pay package reflects [...]

  • An Open Letter to Biomet Shareholders
    , December 19th, 2006 at 2:02 pm

    Vote Against the Private Equity Buyout Dear Shareholders of Biomet, On Monday, the Board of Directors of Biomet (BMET) announced that it agreed to a [...]

  • FactSet Earns 47 Cents a Share
    , December 19th, 2006 at 11:00 am

    FactSet Research Systems (FDS) just reported earnings of 47 cents a share, a penny better than estimates. The company made 38 cents a share last [...]

  • What to Look for This Week
    , December 18th, 2006 at 4:55 pm

    We have two Buy List stocks reporting earnings this week. FactSet (FDS) reports tomorrow. The company already gave guidance for revenues ($106 to $109 million) [...]

  • Moron of the Year
    , December 18th, 2006 at 12:40 pm

    We have a winner: A former UBS PaineWebber employee was sentenced to eight years in prison on Wednesday for planting a computer “logic bomb” on [...]