Archive for October, 2007

  • Banking Industry On Hard Times
    , October 31st, 2007 at 2:31 pm

    The Onion: The banking industry is being hit hard by the subprime loan collapse. Bank of America laid off 3,000 workers and Merrill Lynch posted [...]

  • Fed Cuts by 0.25%
    , October 31st, 2007 at 2:01 pm

    Here’s the statement: The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 4-1/2 percent. [...]

  • Dell’s Earnings Restatement
    , October 31st, 2007 at 12:15 pm

    Dell (DELL) has finally restated its earnings for the past few years. As you can see blow, the difference between the restatement and the original [...]

  • Slate to Launch Business Site
    , October 31st, 2007 at 10:40 am

    The New York Observer has the details: Slate deputy editor David Plotz told The Observer he believes there’s a clear opening for Slate’s distinctive editorial [...]

  • Today’s GDP Report
    , October 31st, 2007 at 10:02 am

    Today’s report on GDP growth for the third-quarter was a surprisingly strong 3.9%. This is nearly identical to the 3.8% for the second quarter. My [...]

  • Fair Isaac’s Earnings
    , October 31st, 2007 at 9:46 am

    It’s no secret that Fair Isaac (FIC) has been a disappointment this year. Yesterday’s earnings report appears to be a small bright spot. Fair Isaac [...]

  • Will the 90s Ever End?
    , October 30th, 2007 at 4:47 pm

    Cool! March 14, 2007: BigBand Networks Announces Pricing of Initial Public Offering Wow! May 3, 2007: BigBand Networks Reports First Quarter 2007 Financial Results with [...]

  • Becky and Dylan on Wing Women
    , October 30th, 2007 at 3:52 pm

  • Gender Differences and Mutual Fund Managers
    , October 30th, 2007 at 1:35 pm

    What I’m saying is – and this is not a come-on in any way, shape, or form – is that men and women can’t be [...]

  • Management Matters
    , October 30th, 2007 at 11:36 am

    Some numbers to consider: Both Merrill Lynch (MER) and Bear Stearns (BSC) are 33% below their 52-week high. Lehman Brothers (LEH) is 28% off its [...]

  • Wall Strip on Agrium
    , October 30th, 2007 at 10:56 am

    Howard and Lindsay hit the links to talk Agrium (AGU): Take the Wallstrip survey!

  • ADP’s Earnings
    , October 30th, 2007 at 10:28 am

    Last month, I highlighted Automatic Data Processing (ADP): ADP is starting to catch my eye as a good contrarian stock. (The first step, however, is [...]

  • O’Neal Writedown Erased 20% of Shareholder Equity
    , October 30th, 2007 at 10:08 am

    These numbers surrounding the losses at Merrill Lynch (MER) are staggering: The real damage to shareholders came with Merrill’s $8.4 billion writedown. It is the [...]

  • Least Mature Post of the Day
    , October 29th, 2007 at 2:08 pm

    I think this is why they invented pseudonyms. (Via Luskin)

  • Why Is Stan O’Neal Gone?
    , October 29th, 2007 at 2:00 pm

    This graph might help explain it. Goldman (GS) must be doing something right. The stock is at another new high today.

  • Next Year’s Buy List
    , October 29th, 2007 at 10:22 am

    Each year, I unveil the new Buy List in mid-December, and I’ll start tracking it on January 1. I’m not even close to making the [...]

  • WSJ: O’Neal at Merrill
    , October 28th, 2007 at 2:41 pm

    Not much of a surprise: Merrill Lynch & Co. Chief Executive Stan O’Neal has decided to leave the firm, according to a person familiar with [...]

  • Oil Over $90
    , October 26th, 2007 at 3:30 pm

    Barry Ritholtz has a great post looking at the rise in crude. He identifies five crucial factors: 1. Increasing Global Demand: Booming growth in China [...]

  • Looking at the Credit Crunch
    , October 26th, 2007 at 3:10 pm

  • Goldman Record: 299 New Directors
    , October 25th, 2007 at 11:07 am

    I was passed over. Again. Goldman Sachs promoted a record 299 people to managing director, the company’s second-highest rank after partner. Managing directors are appointed [...]

In partnership with CNN Money Part of the CNN Network