Archive for the ‘Stock Highlight’ Category

SEC Asked To Looking Into Insider Trades

Thursday, October 11th, 2007

The SEC is being asked to look into case of insider trading at CountryWide Financial, the troubled lender. The subprime mortgage crisis has been tough on almost everyone in the financial industry, but not so for Countrywide CEO Angelo Mozilo. Now, some would like his trades investigated. ...

Chrysler Workers Walk Off Job

Wednesday, October 10th, 2007

Apparently the UAW is in a striking mood these days. Workers at Chrysler have now walked off the job, much like their counterparts did at GM. It would be the first UAW strike against Chrysler since 1997, when one plant was shut down for a month, and the first strike ...

Lengthy Strike Could Hurt GM

Tuesday, September 25th, 2007

From the "Department of the Obvious": a prolonged strike at General Motors lasting more than a few weeks could really hurt the company an easily cost them billions. GM had about a 65-day supply of cars and trucks as September began, versus a 71-day supply at the same time ...

Wachovia, WaMu Say Credit Woes Might Hurt Earnings

Monday, September 10th, 2007

Two more major lenders are worried that the credit woes that continue to plague the financial services industry might take a bite out of their earnings. Wachovia and WaMu, which are two of the nation's largest lenders, are concerned about losses related to crumbling credit conditions, due to consumers ...

Bank Of America Puts $2 Billion Into Beleaguered Countrywide

Thursday, August 23rd, 2007

Countrywide Financial's shares rose 7% today as investors decided the $2 billion infusion of capital from Bank of America is proof that the company will survive. Countrywide, like many other subprime lenders, has been hanging on by a thread as the bad loans pile up.

Virgin America Adds Capacity To Airline Industry

Wednesday, August 8th, 2007

Virgin America is coming to the skies near you, adding capacity to the airline industry, which has been trying to cut back on its' size due to expenses. Of course, the additional capacity will likely cause pressure on pricing for the industry at large.

Is Google Stock Overpriced?

Tuesday, July 24th, 2007

That's a question that a lot of people have had for a very long time. And every step of the way the answer has appeared to be a resounding "Yes". Somehow, though, the company has defied negative expectations and the stock price has remained upwards of $500 per ...

Is the personal computer boom over? Dell slumps

Friday, July 21st, 2006

Dell is slumping as PC sales seem to be tanking. I'm not sure this trend is reversible. Every day I see more and more units of devices like UMPCs and SmartPhones moving out to the masses, and I wonder: "will people really want to chain themselves down to ...

Google earnings are in - what do the numbers say?

Thursday, July 20th, 2006

Google has enjoyed another very successful quarter, and their earnings are quite high, but when you pick through the numbers a bit, you wonder if the ebullience currently being exhibited by investors in Google might cool quick. There's a few trends you can notice right away: Other Cost of Revenues ...

Google spending on the rise

Tuesday, July 11th, 2006

From all of the plans that Google has been announcing this year, you can be sure of a few things. One is that expense are going way up at the company, as they continue to derive most of their revenue from search engine advertising. They've expanded into tons ...