Financial Statement Analysis

• Buffalo Wild Wings reiterates 2008 outlook- Buffalo Wild Wings reiterates 2008 outlook
  
  Tue Jul 8, 2008 4:05pm EDT
  
  BANGALORE, July 8 (Reuters) - Restaurant operator Buffalo Wild Wings Inc (BWLD.O: Quote, Profile, Research, Stock Buzz) reiterated its estimate of a 25 percent net income growth in 2008 at the Oppenheimer consumer growth conference on Tuesday, as it sees lower spending on new restaurants for the remainder of the year.
  
  The company said it had taken most expenses related to opening new restaurants and the conversion of eight Don Pablo restaurants in the first two quarters of the year. Buffalo Wild Wings expects more of the year-over-year net income growth to be realised in the second-half of the year, excluding one-time costs related to an acquisition of Las Vegas restaurants, CEO Sally Smith said.
  
  ...
  
  The Minneapolis-based company does not plan to raise menu prices in the third quarter when it will be bringing out a new menu design.
  
• This Buds For You - And By You, I Mean InBev- As a former Missouri native going up in the suburbs of the St. Louis area, I had come to think of Anheuser-Busch and the Clydesdale's as part of my identity, even before I was old enough to drink. Along with McDonnell-Douglas (now gone and replaced by Boeing), AB was part of the fabric of St. Louis. Just about every person you knew either worked for Mac or AB, or at least had a family member or friend who did. When McDonnell-Douglas was finally taken over by Boeing, it felt like the city was losing its security blanket, even though most of the employees and operations stayed. Now that Anheuser-Busch may fall victim to a takeover attempt by InBev, it feels more like potentially losing a friend.
  
• CNEH - Technical & Fundamental-

  As I alerted TIMalert subscribers with 30 minutes to go before the market close on Friday, I bought 1,500 shares of China North East Petroleum Hldng Ltd. (CNEH) at $4.60—mainly because it’s the single most perfect breakout chart pattern I’ve seen in a very long-time (was considering buying ShengdaTech, Inc. (SDTH) on its own meaningful breakout above $10, but that move was too quick for me.)

  And that’s just the beginning of the story (I always do research ahead of time as this popped up on my watchlist two weeks ago)

• AIG - Not good- Isn't this the 2nd CEO they've canned in the last couple years? Billions in losses and an SEC investigation... and most damning of all, this chart. I did this chart as part of a personal project as I have policies with this company. AIG had a monthly close below the last vestige of what could be called major support. That resistance zone will not be overcome any time soon. This is a scary chart that tells us the 'credit crisis' - as the media likes to call it - is far from over.