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Daily Archives: October 16, 2007

Toyota (TM) Hits 52-Week Low

Posted: October 16, 2007 at 5:36 am

It really does not make any sense. The world's largest and most profitable car company should not be at a 52-week low. But, it is. Yesterday, Toyota (TM) dropped to ...
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Europe Markets 10/16/2007

Posted: October 16, 2007 at 5:27 am

Markets in Europe were down at 6.20 AM New York time.The FTSE fell .4% to 6,616, Barclays (BCS) was down 2.9% to 608.5. Northern Rock was down 5% to 205.5.The ...
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Movie Gallery (MOVI) Goes Chapter 11

Posted: October 16, 2007 at 5:13 am

According to The Wall Street Journal, Movie Gallery (MOVI) has filed for Chapter 11 "under a pre-negotiated deal with key creditors that would convert $400 million of debt into equity ...
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A Big Bear Case Before Intel’s (INTC) Earnings

Posted: October 16, 2007 at 5:09 am

Intel (IN TC) has cut costs and beaten back a push from AMD (AMD) to take some of the larger company's share of x86 chips in PCs and servers. AMD's ...
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Oil Moves To $87 On Its Way To $100

Posted: October 16, 2007 at 4:55 am

Hand it to Al Gore. He was right about all of that energy consumption and fuel burning eating up the ozone and killing the planet. Now citizens will have to ...
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China Citic Bank Wants A Share in Bear Stearns (BSC)

Posted: October 16, 2007 at 4:43 am

Chinese officials confirmed and several media outlets reported that China's Citic Bank would like to buy a piece of Bear Stearns (BSC). Members of Congress will likely mount their soap ...
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Media Digest 10/16/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: October 16, 2007 at 3:19 am

According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation's survey of its members shows retail sales ...
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Asia Markets 10/16/2007

Posted: October 16, 2007 at 2:51 am

Most markets in Asia were down, ,but Shainghai roseThe Nikkei was off 1.4% to 17,138. Hitachi (HIT) fell 3.4% to 770. NTT (NTT) fell 2.4% to 531000. Softbank rose 2.9% ...
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