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Daily Archives: July 22, 2008

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State Street International Health Care ETF Launch (STT, IRY)

Posted: July 22, 2008 at 8:50 am

State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American ...
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State Street ETF Launch: International Financial Sector (STT, IPF)

Posted: July 22, 2008 at 8:45 am

State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American ...
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State Street ETF Launch: International Consumer Staples Sector (STT, IPS)

Posted: July 22, 2008 at 8:42 am

State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American ...
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State Street ETF Launch: International Consumer Discretionary Sector (IPD)

Posted: July 22, 2008 at 8:38 am

State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American ...
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Nine CEOs Who Will Go By The End Of The Year (CROX)(YHOO)(JAVA)(SIRI)(CBS)(VIA)(GM)(LEH)(Q)

Posted: July 22, 2008 at 8:03 am

Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. ...
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Caterpillar (CAT) Sails To Distant Shores

Posted: July 22, 2008 at 6:52 am

Caterpillar (CAT) said second-quarter net income rose 34% to $1.1 billion, or $1.74 a share, from $823 million, or $1.24 a share in the year-ago period, on strength in its ...
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Wachovia (WB) Blows Itself Up

Posted: July 22, 2008 at 6:48 am

As it announced earnings, Wachovia (WB) told the market that it would have to nearly destroy itself to make a comeback. (more...) ...
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Top 10 Early Bird Analyst Calls (ARTC, AGO, FDRY, IFF, PETS, PDS, CRM, SNDK, TEF, TXN)

Posted: July 22, 2008 at 6:19 am

These are ten of the early bird analyst calls we are seeing this Tuesday morning with over 2 hours to the open:ArthroCare Corp. (NASDAQ: ARTC) Cut to Market Perform at ...
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Do Fannie Mae (FNM) And Freddie Mac (FRE) Know What They Have On Their Books?

Posted: July 22, 2008 at 5:52 am

One of the most odd piece of financial news so far this year is that the federal government is sending in some of its accounting experts to see what the ...
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Europe Rescues McDonald’s (MCD)

Posted: July 22, 2008 at 5:37 am

Europeans must want to eat a lot of fatty food and get heavy like many Americans are. McDonald's (MCD) will probably pick up a big chunk of its Q2 earnings ...
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American Express (AXP) Earnings, Most Important Numbers Of The Quarter

Posted: July 22, 2008 at 5:11 am

While Wall St. was fixated on Apple's (AAPL) numbers and the health outlook for Steve Jobs, American Express (AXP) slipped through the side door with some frightening numbers. Apple's earnings ...
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As Lenovo Falters, HP (HPQ) And Dell (DELL) Sweat

Posted: July 22, 2008 at 4:49 am

Share of large China-based PC company Lenovo were downgraded overnight. According to Reuters, "JP Morgan downgraded Lenovo to neutral from overweight due to a near-term slowdown in revenue growth from ...
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GM (GM) And Ford (F) Late In The Game, Rush To Save Themselves

Posted: July 22, 2008 at 4:32 am

Ford (F) and GM (GM) are each announcing new plans to save themselves from the earnings garbage bin and give their shareholders some needed hope.It is awfully late to get ...
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Media Digest 7/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 22, 2008 at 2:45 am

According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses. (more...) ...
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Asia Markets 7/22/2008 (CHU)(CN)

Posted: July 22, 2008 at 2:18 am

Markets in Asia were mostly higherThe Nikkei rose 3% to 13,185. Canon was up 4.3% to 5,150. Honda (HMC) was up 5.3% to 4600.The Hang Seng moved higher by .6% ...
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