Quantcast

Daily Archives: August 8, 2008

Buffett_image

Buffett Still Prints Money (BRK-A, BRK-B)

Posted: August 8, 2008 at 4:31 pm

Berkshire Hathaway Inc. (NYSE: BRK-A) has published its earnings after the close. Unfortunately, traders maybe looking more forward to the new list of public company holdings than anything.  Net earnings ...
Read Full Story »
Sad_clown

The 52-Week Low Club 8/8/2008 (CCOI)(ANAD)(WAVE)(PRX)(CDE)

Posted: August 8, 2008 at 2:55 pm

Coeur d'Alene Mines (CDE) Company posts loss in most recent quarter. Drops to $2 from 52-week high of $5.18.Par Pharmaceutical (PRX) Cuts full-year guidance. Drops to $12.82 from 52-week high ...
Read Full Story »

Russian ADR’s, ETF’s, Funds Hit On Military Actions (TRF, CEE, RSX, MBT, MTL, ROS, VIP, WBD)

Posted: August 8, 2008 at 10:56 am

Russian shares in ETF's, closed-end funds, and ADR's are taking a little beating this morning after Russian forces have rolled in with tanks, troops, and air raids into Georgia's breakaway ...
Read Full Story »

Trouble Brewing in Oil Patch Merger? (SII, WHQ)

Posted: August 8, 2008 at 9:35 am

On June 3, 2008, Smith International (NYSE:SII) and W-H Energy Services (NYSE:WHQ) entered into a definitive merger agreement that would have Smith paying $56.10 in cash and 0.48 common share ...
Read Full Story »
Iphone_logo

Can Apple Put iPhone Rumors To Bed? (AAPL)

Posted: August 8, 2008 at 8:02 am

Usually rumors on new technology items create buzz or create hype for shareholders, but they can also create unrealistic expectations that ultimately hurt the stock.  Apple Inc. (NASDAQ: AAPL) has ...
Read Full Story »
Ronaldmcdonald

No Matter How Hard It Tries, McDonald’s (MCD) Can’t Stop Growing

Posted: August 8, 2008 at 7:26 am

McDonald's (MCD) may be raising the prices on its "Happy Meals" and offering less attractive "Dollar Menus" None of that seems to matter. In July, same-store sales moved up 8%. ...
Read Full Story »
Fanniemae

Fannie Mae (FNM): Misery Loves Company

Posted: August 8, 2008 at 7:20 am

Why should Freddie Mac (FRE), the big banks and large brokerage firms have all the fun losing billions of dollars. Fannie Mae crashed the party today by announcing mind-boggling losses ...
Read Full Story »
Wmt

What Happened To All Of The Safe Haven Stocks? (AAPL)(WMT)(T)(GOOG)(XOM)(GE)

Posted: August 8, 2008 at 7:08 am

After Wal-Mart (WMT) announced its outstanding June numbers, Wall St. said the company was actually “recession proof”. Consumers, beat down by high gas and commodities prices, could turn to Wal-Mart ...
Read Full Story »
Angrybear_2

Analyst Downgrades 8/8/2008

Posted: August 8, 2008 at 6:48 am

Ambac Financial (ABK) Cut To Underweight at JPMorgan.Ann Talor (AMM) Cut to Market Perform at FBRBank of America (BAC) Cut to Neutral at UBSFEMSA (FMX) Cut to Equal Weight at ...
Read Full Story »
Cammonopoly_wideweb__430x3250_2

Analyst Upgrades 8/8/2008

Posted: August 8, 2008 at 6:46 am

Apple (APPL) Started as Outperform at Credit SuisseDell (DELL) Started as Outperform at Credit Suisse.EMC (EMC) Started as Outperform at Credit Suisse (more...) ...
Read Full Story »
China

Like Every Other Company In The World, Nokia (NOK) Turns To China

Posted: August 8, 2008 at 5:22 am

The sun can never set on a day before some large multinational company says that its future is in China. Why should Nokia (NOK) be an exception?Nokia management opines that, ...
Read Full Story »
Boeing

Toilets Delay Boeing (BA) Planes

Posted: August 8, 2008 at 5:03 am

Boeing (BA) has already suffered the ignominy of three delays in the launch of its new Dreamliner jet. The tardiness of the project will cost the company revenue, at least ...
Read Full Story »
Cammonopoly_wideweb__430x3250

The New Economic Stimulus Package: $100 Billion In Tax Rebates A Month

Posted: August 8, 2008 at 4:43 am

Based on GDP figures and June numbers out of retailers including Wal-Mart (WMT), the tax rebate program helped the economy for about 30 days. July retail numbers seem to show ...
Read Full Story »
Angrybear

RBS (RBS): Another Big Bank Ambushed By Write-Offs

Posted: August 8, 2008 at 4:27 am

The safe-house for money center banks closed and locked its doors long ago. The mortgage-related paper crisis rolls on like a mighty river and its latest victim is RBS (RBS). ...
Read Full Story »
Tx00338coilwellgusherodessatexaspos

Still Looking Forward To $200 Oil

Posted: August 8, 2008 at 3:51 am

With oil down to about $120 a barrel it is easy to forget that the dynamics of supply and demand still favor higher prices. That may not be true today, ...
Read Full Story »