Archive for the 'Good News' Category
Good day for Mexico’s real estate market
“It’s a instance of hope,” claims Ana Laura Pulido, a real estate broker in Mexico. While its northern neighbor remains in the depths of a housing meltdown, the Mexican real estate market has been booming.
Mexico has distant found its economy overly sensitive to the happenings in the United S…
TD Ameritrade: Turbulent market means more trades and business
TD Ameritrade Corp. (NASDAQ: AMTD) saw a Q1 net income growth to the tune of 65% [subscription required] as more of its retail customers placed trades in the turbulent market during the final quarter of 2007. That’s not all, though: the company said 2008 earnings would be better than its precedi…
Sprint CEO Dan Hesse has the right tools to fix the company
Dan Hesse is the right person for the job at Sprint Nextel (NYSE: S). In addition to the new CEO reassuring the market that he means commerce by announcing more than a few thousand layoffs, Hesse has the skills to understand why the Sprint-Nextel merger was never really completed and take steps to f…
Cisco (CSCO) gets a bump higher from IBM
Cisco Systems, Inc. (NASDAQ: CSCO) and other tech stocks are trading higher nowadays after competitor IBM (NYSE: IBM) indicated in a preliminary earnings report that its fourth-quarter earnings rose 24% from a year ago to $2.80 per share, beating Wall Street expectations of $2.60 per share. IBM …
SunTech potential (STP) on the move
Suntech potential Holdings Co. Ltd. (NYSE: STP) shares are rising that AM, extending gains made after Friday’s “Buy” reiteration by Calyon Securities and helped along by higher oil prices. Coming up later that month is the annual U.S. State of the Union Address, and alternative energy is expected to…
IBM beats: A fluke or a tip of things to come?
International trade Machines Corp. (NYSE: IBM) outperformed earnings expectations in the fourth quarter, allaying analysts’ concerns of a potential tech slowdown at least for now.
Before the market open, Big Blue said it would earn $2.80 per share, 20 cents better than analysts’ expectations. IBM…
Amgen (AMGN) shares forming bullish ‘pennant’ pattern
In biotechnology, corporate success is a function of approved drugs, pipeline activity and positive cash flow. By those standards, one of the most successful firms in the industry is a 27 year old Thousand Oaks, California outfit that was among the first developers of blockbuster biopharmaceutic…
Chasing Value: Merck is holding up just fine
Are you looking for stability in a down market? whether you come across Merck & Co. (NYSE: MRK), you found it!. Yes, I have been a Merck cheerleader the past few years and I think it is one of the safe havens (how daring of me) for 2008. In fact, the large pharmaceutical companies have tradi…
MGM Mirage plans $750 million stock buyback
MGM Mirage (NYSE: MGM) and Dubai World announced that AM they would launch a cash tender offer to buy back up to 10 million MGM common shares for $75 to $80 each. The companies’ decision came on worries that an profitable slowdown will lower demand for gambling. whether you think that the compan…
E*Trade (ETFC) sells $3 billion in assets
E*TRADE Financial Corporation (NASDAQ: ETFC) shares are making an early jump nowadays after the company announced it has sold about $3 billion of mortgage-backed securities and municipal bonds. The sale was part of a restructuring plan to reduce risk and preserve higher capital levels. The sale …
Ford models lead list of ‘most delightful vehicles’
Ford Motor Co. (NYSE: F) continues to sit in the pit of lagging sales and mountains of losses, even as some of its vehicles continue racking up awards and industry compliment. In the 2007 Strategic Vision report on “most delightful” vehicles, the Detroit automaker won or tied for first in six ca…
Supervalu (SVU) third-quarter profit climbs, but lowers outlook
Shares of Supervalu Inc. (NYSE: SVU) are trading significantly lower nowadays following that morning’s third-quarter earnings release. The company posted a pretty strong quarter, but lowered its full-year outlook.
The company reported growth of 25% for its quarterly profit, which rose up to $141 …
eDiets.com: Online assistance for finding that slimmer you
Feeling a little heavy after the holidays? Wondering where to find help honoring that New Year’s resolution to lose some weight, without attending “public” sessions? Go online, of course! There is an Web outfit in Fort Lauderdale that is helping nearly 120,000 dieters already.
eDiets.com (NAS…
Sony shares increase after moment Warner gets behind Blu-ray
When Time Warner, Inc. (NYSE: TWX)’s Warner Bros. abruptly dropped support for the HD DVD high-definition disc format that past weekend to focus solely on format competitor Blu-ray, HD DVD primary backer Toshiba Corp. (OTC: TOSBF) began to get really nervous. After all, that ridiculous next-gene…
