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Daily Archives: December 3, 2007

Top 10 Pre-Market Analyst Calls (AXL, JCI, RATE, CBEY, DISCA, ETFC, FNM, KBR, RIMM, UAUA, VNR)

These are not the only impact analyst calls this morning, but these are the ones that 24/7 Wall St. is focusing on:American Axle (AXL) & Johnson Controls (JCI) both downgraded ...
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Europe Markets 12/3/2007

Markets in Europe were mixed at 7 AM New York time.The FTSE fell .3% to 6,417. Northern Rock is down 4.7% to 112.6. Rio Tinto (RTP) is down 2% to ...
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Citigroup (C) Economist Sees Big Rate Cut

According to Reuters "the Federal Reserve will cut interest rates by 100 basis points before June to help the housing market, Citigroup's (C) chief economist, Lewis Alexander, said on Monday."Douglas ...
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E*Trade (ETFC) Cut At Bank Of America

According to MarketWatch, "Bank of America downgraded online discount brokerage firm E-Trade Financial (ETFC) to sell from hold, saying it no longer believes the value of its retail brokerage business ...
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A Huge Bail-Out for Citigroup (C)

Going back a year, it would be inconceivable that a large American bank might need to be bailed out. But, Citigroup (C) is facing two daunting problems. One is that ...
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Lennar (LEN) Sells Some Valuable Real Estate

It is never good news when a home-builder sells a big portion of its real estate. Lennar (LEN) sold 11,000 home sites for $525 million. A company controlled by Morgan ...
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FedEx (FDX) Chief Looks For Big Down-Turn

Fred Smith, the long-times CEO of FedEx (FDX) thinks that the global recession can't be avoided. The American economy is not growing, and its multinational companies won't find enough business ...
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Shoppers Wait Out Retailers On Price Cuts

Over 50% of holiday shoppers are wandering through malls baiting retailers. They are saying "We are here, but we ain't buying yet." Reuters writes that consumer-behavior marketing firm America's Research ...
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Dell’s (DELL) Slow Decision On Marketing.

It may appear good that Dell (DELL) has finally cut a deal with WPP, the UK-based ad company to set up a JV which will handle as much as $4.5 ...
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Media Digest 12/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, a study by America's Research Group says most shoppers will wait to buy until late in the month, looking for sales.Reutes writes that Nasdaq (NDAQ) has opened ...
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Asia Markets 12/3/2007

Markets in Asia were narrowly mixed.The Nikkei fell .3% to 15,629. NEC (NIPNY) fell 1.9% to 509. Yahoo Japan rose 1.9% to 54300.The Hang Seng rose .1% to 28,658. China ...
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