Eric Savitz(Barron's) submits: Credit Suisse Internet analyst Heath TerryFriday raised his estimates on Netflix (NFLX), asserting that the company is going to benefit from a change in strategy at Blockbuster (BBI), its primary rival in the DVDs-by-mail business.Complete Story »
Eric Savitz(Barron's) submits: Thursday, ON Semiconductor (ONNN) announceda deal to acquire AMIS Holdings (AMIS) for $915 million in stock. Wall Street seems to hate the deal.Complete Story »
Dan Farber (ZDNet) submits: The New York Timeshas a story on the battle brewing between Google and Microsoft. The story doesn?t add anything new orGoogle (GOOG) knols tothe converging paths of the two companies. Google?s CEO Eric Schmidtsaid 90 percent of computing action??almost everything you do in acompany, almost everything a knowledge worker does,?he said?will moveto the cloud.Complete Story »
Carl T. Delfeldsubmits: It is a foregone conclusion that Mr. Lee Myung-bak, the former Mayorof Seoul and construction magnate is going to win South Korea?spresidential election on December 19th. The question is what does thismean for the Korean economy and the iShares MSCI South Koreaexchange-traded fund? (EWY)Complete Story »
Carl T. Delfeldsubmits: According to the FT,Irish banks were particularly hard hit by profit-taking after lastweek?s bounce. They were dealt a further blow when Merrion, theDublin-based brokers, said slowing domestic growth was behind itsdowngrades from ?buy?to ?hold?of Bank of Ireland and Anglo Irish Bank.Complete Story »
Carl T. Delfeldsubmits: (IBM), a bit behind the curve, announced that it is ramping up focuson emerging markets that investors are already investing actively inthrough exchange-traded funds. This is a significant change in thinkingfor a firm that has always focused on traditional markets.Complete Story »
Vitaliy N. Katsenelson, CFAsubmits: Jos A Bank (JOSB)reported decent numbers last week: Sales grew10%. It?s not a blowout number but a respectable number for thisenvironment.Complete Story »
China OTC Playersubmits:On 12/13, the Chinese Ministry of Agriculture announced that it is looking into the question of how much land it will allow forthe planting of biofuel crops. This is in light of the worry over localgrain supply amid fast-rising international commodity prices.Complete Story »
Colin Petersonsubmits: Last month, I predictedthat Downey Financial (DSL) non-performing assets [NPA] would be sharply higher in their next data release. Complete Story »
Roger Ehrenbergsubmits: Google (GOOG) has become the new EF Hutton: when it speaks, people listen. So when I first heard about Google KnolI was curious and intrigued: a true competitorto Wikipedia?A new spin on expert networks? An easier way to discover high valuecontent? These are all areas about which I have a high degree ofinterest and some degree of knowledge. Complete Story »
Smart Guy Stockssubmits: Permabulls accept the end of a bull run at eithertwo points: never or long after the market sours. However, theseeternal optimists can help us spot a market downturn long before theyaccept reality because they offer a signal of fear.Complete Story »
Last week American Dairy (ADY) dismissed its auditor, Murrell Hall McIntosh, and announced it has been under informal SEC investigation since Q3 2007.Complete Story »
