Dell (DELL) unloads poor results on its investors and watches as 10% of its value disappears. No significant comment from management they just put the numbers out there and watched the slaughter. All this in the context of buying EDS which supposedly is a game changer. No leadership in communication ... Read more

Time Warner (TWX) decides to sell off AOL. At the same time they announce they will reduce the AOL work force by one third. So basically the board of directors knew they had to cut one third if not more and kept these guys around, destroyed shareholder wealth and are now sufficiently hypocritical by ... Read more

Last Friday the 13 (Nov 13, 2009) a spoof was run by a blooger to see if investors would buy something called SOAR and SINK offering really stupid leverage and gearing ratio's. The blogger Jason Kelly actually received expressions of interest. Proving that there is too much greed out there. Go to ww ... Read more

Williams Sonoma (WSM) announced results and told investors they are pleased despite the current economic circumstances. Howard Lester, Chairman and Chief Executive Officer even played to the gallery by saying that they delivered another consecutive quarter of better than expected results. That start ... Read more

Salesforce (CRM) produced excellent results but disappointed some of their exceptionally greedy shareholder base who expected better. The stock was at or near is 52 week high and reports of 20% increase in revenues in a terrible economy were not satisfactory to this very tough crowd. Who managed tho ... Read more

Home Depot (HD) and Lowes (LOW) all announced much weaker revenues. Home Depot is down 8% and Lowes is down 29.5%. Both are cutting costs and probably doing everything imaginable to salvage the situation. Economic headwinds continue at gale force levels. They will soon realize they have more capacit ... Read more

Canadian Solar (CSIQ) reported improving results and would have you believe that the trend is up and away. After all we are solving the world’s energy crisis. What they do not point out is that despite the corporate name they hardly have any operations in Canada. Most of their revenues come from E ... Read more

ITW (ITW) Illinois Tool Works knows how to finesse their earnings release. First the board of directors declares a dividend on Friday Oct 30, 2009. Then on Monday Nov 16, 2009 they release earnings which show an operating revenue decrease of some 18%. The press release is Reg FD challenged as it did ... Read more

Bershire Hathaway (BRK.A; BRK.B) just let the cat out of the bag with filings dating back to June. Given the amount of media attention I do not blame the guy for using every trick in the book to hide his specific announcements. The issue becomes that of liquidity. They can buy and sell huge blocks o ... Read more

Blockbuster (BBI) gives every appearance of dead man walking. The latest earnings release celebrates their refinancing which was done at loan shark rates. Can they make the vig regularly. In the first nine months they could not break $2 Billion. The arithmetic is all wrong. So when it explodes what ... Read more