Archive for June, 2007

  • The Buy List’s Performance for the First Half
    , June 29th, 2007 at 4:56 pm

    We’re halfway done with 2007 (and three-fourths done with this decade), so let’s look at how the Buy List is doing. The Buy List is [...]

  • Shareholder Urges Fair Isaac to Explore Possible Sale
    , June 29th, 2007 at 10:25 am

    MarketWatch reports: Investment management firm Sandell Asset Management Corp. on Friday disclosed a 5% stake in Fair Isaac Corp., and urged the company to hire [...]

  • The Fed Holds Again
    , June 28th, 2007 at 2:15 pm

    No change on rates. Here’s the Fed’s statement. The Federal Open Market Committee decided today to keep its target for the federal funds rate at [...]

  • Ditch Quarterly Guidance?
    , June 28th, 2007 at 1:27 pm

    The Committee for Economic Development says it’s time to drop quarterly guidance. “Quarterly guidance is at best a waste of resources and, more likely, a [...]

  • Biomet: First Horseman of the Apocalypse?
    , June 28th, 2007 at 10:18 am

    A reader pointed out this item at FT’s Alphaville about how the market could get spooked if a major private equity deal fell apart: In [...]

  • The New World of Recruiting
    , June 28th, 2007 at 9:47 am

    Bloomberg looks at how business recruiting is done today: “Recruiting is absolutely critical right now,” Dimon says. “I send senior people to campuses now, and [...]

  • Q1 GDP Grew By 0.7%
    , June 28th, 2007 at 8:52 am

    The government revised first-quarter GDP growth up to 0.7% from 0.6%. For the last four quarters, the economy grew by just 1.91%. In the report, [...]

  • But Then Again
    , June 28th, 2007 at 6:34 am

    The New York Times June 25, 2007 So much for the argument often made by managers of hedge funds and mavens of private equity that [...]

  • Five Homebuilding Stocks
    , June 27th, 2007 at 5:34 pm

    It hasn’t been a good two years.

  • Carly Fiorina on CNBC
    , June 27th, 2007 at 4:39 pm

    This is strange. Maria asks Carly Fiorina about the behavior of corporate boards. Yet every single part of her answer was a not-so-hidden dig at [...]

  • Bed Bath & Beyond Earns 38 Cents a Share
    , June 27th, 2007 at 4:18 pm

    Bed Bath & Beyond (BBBY) just reported earnings of 38 cents a share (technically, 37.6 cents). Sales were up 11.3% to $1.553 billion. Steven H. [...]

  • Georgetown Photo Gallery
    , June 27th, 2007 at 11:59 am

    I’ll take a quick break from stock talk. On Sunday, I strolled down to Georgetown with my camera. Here are a few shots.

  • BBBY Below $37
    , June 27th, 2007 at 10:47 am

    C’mon! Earnings for Bed Bath & Beyond (BBBY) are due later today and the Street obviously expects lousy news. The company already said to expect [...]

  • The Put Write Index
    , June 27th, 2007 at 10:09 am

    I learned something interesting from Roger Nusbaum’s site, as I usually do. The CBOE has created a Put Write Index, which you can see quoted [...]

  • Quote of the Day
    , June 26th, 2007 at 4:21 pm

    Bill Gross from the PIMCO Web site: Well prudence and rating agency standards change with the times, I suppose. What was chaste and AAA years [...]

  • U.S. Home Prices Fell for the 17th Month in a Row
    , June 26th, 2007 at 12:24 pm

    Wow. U.S. home prices fell for the 17th month in a row with all regions showing the effect of the housing slowdown, according to a [...]

  • Lennar’s Earnings
    , June 26th, 2007 at 11:09 am

    This morning, Lennar (LEN) reported earnings (or lack thereof). The company lost 22 cents a share and that doesn’t include a huge $1.33 a share [...]

  • The Fed Should Cut Rates By 0.25%
    , June 26th, 2007 at 10:00 am

    The Federal Reserve is meeting this week, as it’s almost universally expected that nothing will happen. I agree, the Fed won’t raise or lower rates, [...]

  • That Was Quick
    , June 25th, 2007 at 3:14 pm

    Blackstone (BX) is about 10% below today’s open.

  • News Items
    , June 25th, 2007 at 1:17 pm

    Here are a few news items over the past few days: I’ll start with a positive article on Jos. A. Bank (JOSB). JOSB has been, [...]

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