Here they are...the 10 most widely-read stories on TheStreet.com now:
Futures Point to Higher Open
Robert Holmes
Stocks rose early Friday as traders tried to build on a week of
incremental progress.
Storage Takes the Stage
Kevin Kelleher
More freedom demands more space. That truism has played out so many
times that it's become a cliche -- from the Pilgrims in New England to
the homesteaders in the Old West to commitment-phobes in relationships
today. But it bears repeating at least one more time, because it's
playing out yet again, thanks to digital media.
Santa Has Some Shopping Left
Nat Worden
The bang that greeted the start of the holiday shopping season this
year has faded, and for retailers and the investors who love them,
anxiety is the rule as Christmas approaches. "Everyone on Wall Street
is going to be biting their knuckles until the bitter end on the
holiday season, because a lot of consumers haven't done their
shopping," says C. Brit Beemer, chairman of America's Research Group.
"They better go out soon, or retailers are really going to have to
pull out all the stops."
Oracle Feels Growing Pains
Bill Snyder
Oracle delivered generally in-line earnings and revenue in the second
quarter, but new software license revenue, a key indicator of new
business, fell below the midpoint of the database giant's guidance.
Guidance for the third quarter was on target, and CEO Larry Ellison
said his company is on track to meet his promised goal of a 20% rise
in earnings this year. All in all, the quarter was a mild
disappointment for investors, who bid the stock down in after-hours
trading.
The Five Dumbest Things on Wall Street
Colin Barr
Carl Icahn's putting Time Warner under the microscope. The hedge fund
hard-hitter has spent months demanding action from the New York media
giant. CEO Dick Parsons & Co. have stubbornly stayed the course, a new
and improved $12.5 billion stock buyback notwithstanding. Investors
have mostly tuned out, failing to bid up the stock even as Icahn
promised to hire a bunch of consultants, hook up with M&A titan Bruce
Wasserstein and launch a proxy fight. So it was no surprise this week
when Icahn, criticizing "the lack of integration and vision at Time
Warner," hitched his creaky wagon to former AOL Chairman Steve Case.
He Said What?
The Four Horsemen Get Sent Out to Pasture
Cody Willard says he wouldn't be shocked to see Apple more valuable
than Microsoft sometime in 2007.
Jeff Cooper
S&P Gets Indigestion at Resistance
The index displays poor internals after tagging 1275.
James J. Cramer
Push-Pull Action in Altria
There is enough common stock buy interest to buoy it here above $75,
but not enough to propel it higher.
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