“… intense competition slowed second quarter revenue and subscriber growth…” – Reed Hastings, CEO Netflix “Blockbuster is kicking their butts…” – Michael Pachter, Analyst, Wedbush Morgan “…. competition from Blockbuster has been wreaking havoc with Netflix’s business……” – Derek Brown,…
A month ago the big story was rising interest rates. Everybody was talking about how the economy was holding up while inflation was still a problem and so, far from cutting rates later this year, the Fed’s next move might…
From time to time I’ll write a little report on a stock to keep a record of my own thinking. I just finished one on Taser (TASR) which reports 2nd quarter earnings before the open on Monday (7/23). I thought…
The Dow closed above 14,000 for the 1st time today – at 14,000.41. It’s taken less than three months, only 12 weeks and a day, for the Dow to make the 7.7% climb from 13,000 (which it first closed above…
The Dow Jones Real Estate Index peaked in February and is down about 20% since then. Because the stock market is a leading indicator and a similar peak in homebuilder shares in the Summer of 2005 coincided with the peak…
Foster City, CA based Gilead Sciences (GILD) has been on a tear the last 2 years – up more than 250% – on the strength of its leading suite of AIDS drugs: Truvada, Atripla and Viread. It is also a…
Sacrameno’s best known public company, McClatchy Co. (MNI), owner of the Sacramento Bee, Miami Herald and other major newspapers, has been one of the worst stocks in the entire market the last couple of years. On top of an industry-wide…
Every market needs a sector or sectors to lead it (up or down) and every investor should know what they are. (This is one of the points from William O’Neil’s How To Make Money In Stocks that I’ve really taken…
What a ride it’s been in Blockbuster the last 6 months. On Nov 2, 2006 Blockbuster reported an excellent 3rd quarter. While revenue was down slightly and they posted a loss of $27.5 million they in fact made alot of…
In other news from today, home furnishings retailer Bed, Bath & Beyond (BBBY), an $11 billion, S&P 500 company lowered its outlook for its 1st quarter ended Saturday June 2. It expects to earn between 36 and 38 cents per…