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Daily Archives: July 29, 2008

Top Pre-Market Analyst Downgrades (ANF, AEO, ANN, CHS, CWTR, ENTR, IGT, MSA, OVTI, VNDA)

These are some of the analyst downgrades and negative calls we are seeing early this Tuesday morning:Abercrombie & Fitch (ANF) Started as Neutral at Goldman Sachs.American Eagle Outfitters (AEO) Started ...
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Top Pre-Market Analyst Upgrades (ARO, AMGN, DPS, EDS, ENR, PCAR, PBR, RAH, SAP, URBN, V)

These are some of the analyst upgrades and positive calls we are seeing early this Tuesday morning:Aeropostale (ARO) Started as Buy at Goldman Sachs.Amgen (AMGN) Raised to Buy at Citigroup.Dr. ...
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Merrill

Merrill Lynch (MER) Meets The IMF Head On

In an ironic bit of sloganeering, the current Merrill Lynch (MER) corporate promotion is "Even In Today's Economy, There Are Smart Places For Your Money." It may not be lost ...
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Alcatel-Lucent’s (ALU) CEO-For-Life Walks Toward The Sunset

Alcatel-Lucent (ALU) CEO Pat Russo survived a string of quarterly losses and catastrophes at her company that would have put a lesser person down. She remained bloodied by unbowed as ...
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Fdic

FDIC Chief Whistles Past The Graveyard

FDIC Chairman Sheila Bair, perhaps looking for a break in the relentless storm of the financial crisis, said that only 13% of banks on the agency's watch list actually fail. ...
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Jetblue

JetBlue (JBLU) CEO Takes Haircut

In an 8-K filed with the SEC, JetBlue (JBLU) announced that CEO David Barger "voluntarily amended" his employment agreement to "reduce his base salary by fifty percent, from $500,000 per ...
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Media Digest 7/29/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Merrill Lynch (MER) said that it would sell $8.5 billion in stock and take large write-downs. Reuters report that KKR says the market slump is a good ...
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Asia Markets 7/29/2008 (SNE)(TM)(LFC)(CHL)

Markets in Asia were off sharply. The Nikkei fell 1.6% to 13,141. Ricoh was off 3.5% to 1697. Sony (SNE) was off 3.2% to 3210. Toyota (TM) was off 2.6% ...
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