Intel’s second quarter results reflect improving conditions in the PC market segment. – Paul Otellini, CEO, Intel Everybody is gonzo about Intel’s (INTC) second quarter earnings report after today’s close but I just don’t see what’s so great about it. They…
Leading cruise operating Carnival Cruise Lines (CCL) reported solid fiscal year 3rd quarter earnings this morning. EPS of $1.33 a share beat their previous guidance of $1.15-$1.19 and they raised their full year forecast from $2.00-$2.10 to $2.16-$2.20. On a constant…
“Investors finally woke up to the fact that US corporate demand’s not that strong right now. [Cisco] was that wakeup call.” – Richard Parower (subscription required), Global Technology Fund Manager, J&W Seligman The leader of the ferocious rally we saw from…
“…. the basic forces that propel markets your editor believes to be momentum and value…..” – James Picerno, “A Short Treatise For A Two-Factor World”, May 14, 2007, The Capital Spectator “In 2007, by far the biggest driver of US…
Tesla (TSLA) reported a disappointing quarter after the close Wednesday and shares are currently -11%. I like trading TSLA because it’s a high quality company whose shares fluctuate far more than its intrinsic value. For example, at the end of…
Earlier this week, banks underwriting the buyout of Allison Transmission, an auto parts supplier, were able to sell $1 billion of a planned $4.2 billion in debt to investors (subscription required). The debt was sold at 96 cents on the…