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Daily Archives: May 23, 2008

Why Wall St. Hates Credit Rating Agencies: S&P May Downgrade Airlines (AMR)(CAL)(DAL)(UAUA)(NWA)

Posted: May 23, 2008 at 4:12 am

Based on several pieces of analysis, the US airline industry will lose over $7 billion this year. If jet fuel stays high and a recession cuts passenger counts, the figure ...
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Media Digest 5/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 23, 2008 at 2:50 am

According to Reuters, Ford (F) has given up on its plan to make a profit in 2009.Reuters reprots that Yahoo! (YHOO) nominated its board and delayed its annual meeting.Reuters writes ...
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Asia Markets 5/23/2008 (DCM)(CHL)(CN)

Posted: May 23, 2008 at 2:27 am

Markets in Asia were mixed.The Nikkei rose .2% to 14,012. Komatsu fell 3.3% to 3210. Docomo (DCM) rose 2.6% to 161000.The Hang Seng fell .7% to 24,861. China Mobile (CHL) ...
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