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Daily Archives: January 23, 2008

Pre-Market Stock News (January 23, 2008)

We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance.  There are of course drug developments and other contracts ...
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Does Martek Hold A Key To Treating Alzheimer’s Disease? (MATK)

Everyone knows about the current and future epidemic of Alzheimer's Disease.  This disease is largely untreated and most current treatments gear around early diagnosis, slowing the onset, or prolonging the ...
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Motorola (MOT) Blows It Again

Motorola (MOT) reported sales of $9.65 billion in the fourth quarter of 2007. That is down from $11.8 million in revenue in the quarter a year ago. Net earnings in ...
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U.K. & E.U. Central Banks Need To Follow With Rate Cuts

Yesterday's FOMC emergency intervention of 75 basis point rate cut to 3.5% was believed to be part of a global coordinated rate cut effort in effort to stave off loan ...
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A Book Of Etiquette For Sovereign Funds

Worries over the actions of sovereign funds from China, Singapore, and the Middle East have government officials in the US and the UK voicing concerns about whether all of their ...
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Starbucks (SBUX) Goes Down-Market With $1 Cup Of Joe

Starbucks (SBUX) will offer a $1 cup of coffee. It will test the product anyway. It will also look into offering free refills for some of its products according to ...
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Steve Jobs, Master Of The Universe, Cannot Save The World (AAPL)

Posit, if you will, that unusually strong Apple (AAPL) earnings, coupled with an upbeat forecast for the next few quarters, might have stopped the sell-off in techs in its tracks. ...
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Pepsi (PEP): Getting Fat Will Avoid The Recession

"Comfort food" is close to recession-proof, at least according to Pepsi (PEP). According to Reuters, Pepsi believes that "its business, based on "comfort foods", to be resilient to a U.S. ...
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NYSE Short Interet In Financial Shares Climbs

Short interest on January 15 showed bets against financial shares listed on the NYSE climbed when compared to December 31 numbers.Shares short in Countrywide Financial (CFC) rose 32.5 million to ...
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Media Digest 1/23/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Apple's (AAPL) forecast for its next quarter disappointed Wall St. sending shares down 13%.Reuters writes that Texas Instruments (TXN) posted higher profits.Reuters reports that Big Oil's rally ...
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Asia Markets 1/23/2008 Big Rally

Markets in Asia were up sharply.The Nikkei rose 2% to 12,829. Honda (HMC) rose 3.3% to 3010. NEC rose 4.1% to 411.The Hang Seng rose 10.7% to 24,090. China Life ...
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