Archive for April, 2007

• Sysco’s Earnings
  Eddy, April 30th, 2007 at 11:49 pm

  The Dow was in the black for much of Monday, but after about 2:30, it slipped into negative territory and eventually finished 58 points lower. [...]

• 20 of 22 Up Days for the Dow
  Eddy, April 30th, 2007 at 11:02 am

  The Dow is currently up 22 points. If this holds, it will be the first time in the Dow’s 111-year history that it rallied 20 [...]

• Wanted: Berkshire CIO
  Eddy, April 30th, 2007 at 8:13 am

  Get your resumes in! Warren Buffett is hiring his replacement: With Mr. Munger’s help, Mr. Buffett will whittle down the current contenders to about 20 [...]

• Erin Brockovich, Corporate Exec
  Eddy, April 30th, 2007 at 7:47 am

  Here’s a strange one. Remember that Erin Brockovich chick? Julia Roberts got an Oscar for playing her. Anyway, it turns out she’s now a veep [...]

• Taxes around the World.
  Eddy, April 28th, 2007 at 10:15 pm

  Citizens for Tax Justice looks at taxes around the world. (Via Greg Mankiw.)

• Euro So Beautiful
  Eddy, April 28th, 2007 at 10:04 pm

  The euro hit a record high against the dollar. Jurgen Reinhoudt says this is good for the prestige of Europe, but not so good for [...]

• 65 Years Ago Today
  Eddy, April 27th, 2007 at 2:01 pm

  This is a big year for stock market history buffs. In 2007, we’re celebrating the 100th anniversary of the Panic of 1907 (okay, maybe not [...]

• First-Quarter GDP Report
  Eddy, April 27th, 2007 at 9:53 am

  The government reported today that the economy grew at an annualized rate of just 1.26% for the first three months of the year. That’s pretty [...]

• The Cyclical Rally Lives
  Eddy, April 26th, 2007 at 2:43 pm

  The rally in cyclical stocks is still going strong. Last month, I pointed out that on March 19, the ratio of the Morgan Stanley Cyclical [...]

• P/E Ratios Are at a 20-Month High
  Eddy, April 26th, 2007 at 1:55 pm

  Thanks to yesterday’s surge, the P/E ratio of the S&P 500 is up to 16.87 (I use smoothed operating earnings). That’s the highest it’s been [...]

• Even CEO Can’t Figure Out How RadioShack Still In Business
  Eddy, April 26th, 2007 at 12:47 pm

  From The Onion: The retail outlet boasts more than 6,000 locations in the United States, and is known best for its wall-sized displays of obscure-looking [...]

• Earnings: The Good, the Bad and the Very Ugly
  Eddy, April 26th, 2007 at 11:03 am

  This has been a very busy week for earnings. Let’s run down some of the recent reports from the stocks on our Buy List. Graco [...]

• Lindsay San Looks at Stryker (SYK)
  Eddy, April 26th, 2007 at 8:39 am

  Next week, the stock celebrates 28 years since its IPO. Since then, the shares are up 800 fold, or 27% a year, which is even [...]

• Dow 13000
  Eddy, April 25th, 2007 at 4:01 pm

  Wow, what a day! The Dow (^DJI) shot up 135.95 points to break 13000. This comes just 127 trading days after breaking 12000. The index [...]

• Royal Bank-Led Group Bids $98.5 Billion for ABN Amro
  Eddy, April 25th, 2007 at 3:32 pm

  I told you this wasn’t over. Now a group led by RBS is making a counter offer of $98.5 billion for ABN Amro. Barclay’s bid [...]

• Respironics On Wall Strip
  Eddy, April 25th, 2007 at 9:32 am

• The First Global Bubble?
  Eddy, April 24th, 2007 at 9:25 pm

  I don’t necessarily agree with Jeremy Grantham, but here’s an interesting take on the markets. For the last 5 years to this March, in dollar [...]

• Dow Flirts With 13000, Gets Number, Never Calls
  Eddy, April 24th, 2007 at 4:32 pm

  Close. Oh so close.

• SEI Investments Hits New High
  Eddy, April 24th, 2007 at 3:24 pm

  Can’t keep a good stock down. Last year, SEI Investments (SEIC) was the top-performing stock on the Buy List (up 61%). I decided to keep [...]

• W.R. Berkley’s Earnings
  Eddy, April 24th, 2007 at 11:12 am

  WR Berkley (BER) had a decent earnings. For insurance companies, the key stat you want to see is operating earnings. For BER, operating income came [...]