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Daily Archives: April 29, 2008

Top 10 Pre-Market Analyst Calls (ACS, AEP, CPN, CVX, CTXS, F, POT, SYMC, THC, WB)

Posted: April 29, 2008 at 6:39 am

These are not all of the analyst calls, but these are ten of the top calls affecting shares this morning:Affiliated Computer Services (NYSE: ACS) Raised to Buy from Neutral at ...
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Good News For Dell (DELL) And HP (HPQ): PC Manufacturing Rising

Posted: April 29, 2008 at 6:00 am

The company which builds a large portion of the world's PCs is raising its estimates for the number of units it will build this year. Taiwan-based Quanta Computer, has raised ...
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The Spring Season Comes To Big Oil, Can Excess Profit Taxes Be Far Behind?

Posted: April 29, 2008 at 5:39 am

BP (BP) and Shell produced out-sized profits for the first quarter. BP earnings rose to $7.62 billion from $4.66 billion. Over at Shell the numbers were up to $9.08 billion ...
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Citigroup’s (C) Hedge Fund Refund

Posted: April 29, 2008 at 5:16 am

Citigroup (C) started two hedge funds last year and sold interests in them to well-off retail investors. What those people were not told is that the investments were risky. Now, ...
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“Grand Theft Auto” And The National Economy

Posted: April 29, 2008 at 5:08 am

Take-Two Interactive (TTWO), M&A prey of Electronic Arts (ERTS) will launch its wildly anticipated game "Grand Theft Auto IV" today. The paeon of bad taste, violence, and sexual lust may ...
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Detroit: What Good News? (F)(GM)

Posted: April 29, 2008 at 4:51 am

Ford's stock has gone through a series of spasms the last few days. First the company said it has made $100 million. Almost no one expected that and the stock ...
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Lewis Ranieri: Mortgage Problems Worse

Posted: April 29, 2008 at 4:41 am

Lewis Ranieri, one of the people who started the financial systems for the current mortgage market, believes that they system is worse off than most people know.According to Reuters, "I ...
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Blockbuster’s (BBI) Mad Dash

Posted: April 29, 2008 at 4:37 am

Blockbuster (BBI) continues to put its nose where it does not belong. First it tried to buy Circuit City (CC), a firm which is weaker than Blockbuster is, and Blockbuster ...
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Wolfensohn: Credit Write-Offs Could Hit $1Trillion

Posted: April 29, 2008 at 4:24 am

Former World Bank chief James Wolfensohn thinks the credit crisis will take $1 trillion in losses out of the market. That is a number much higher than most estimates. It ...
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Media Digest 4/29/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 29, 2008 at 2:40 am

According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have asked for a delay of a Texas trial.Reuters reports that ...
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Asia Markets 4/29/2008 (CN)(SNP)

Posted: April 29, 2008 at 2:12 am

Markets in Asia were mostly higher.Tokyo was closed for a holidayThe Hang Seng rose 1% to 25,925. China Netcom (CN) rose 3.9% to 24.05. China Petroleum (SNP) rose 2% to ...
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