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Daily Archives: August 19, 2008

Early-Bird Analyst Upgrades & Downgrades (DKS, IDXX, MA, WIT, ACS, ADP, CHT, FMCN, NT, PTI, TSS)

These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning:Dick’s Sporting Goods (DKS) Raised to Outperform at Baird.IDEXX Laboratories (IDXX) Started as Buy ...
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Another Strong Vote For Rising Oil Prices

The tug-of-war over oil prices has been going to the bears recently. Even with a storm near the Gulf of Mexico, crude moved down toward $112.Some experts are taking the ...
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House

Home Depot (HD) Says Housing Will Hold The Line

Home Depot (HD) had a fairly poor quarter, but it was a bit better than expected.What was more important is that it held to its guidance for the rest of ...
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Car Quality Drives Out Of Detroit (GM)(F)(HMC)(TM)

The quality of American cars was supposed to be getting better. Perhaps that was an illusion.Part of the reason that investors thought GM (GM) and Ford (F) could come back ...
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TDAmeritrade (AMTD), Oppenheimer (OPY), And Raymond James (RJF) Try To Dodge Auction-Rate Buy-Backs

Several of the modest-sized investment houses say they should not have to buy back auction-rate securities which they sold to their customers. The dog ate their homework. (more...) ...
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Another Prediction A Large Bank Will Fail (LEH)(WB)(WM)

Nouriel Roubini, the NYU economist, has predicted the US is moving into its worst downturn since the Great Depression. He forecasts that hundreds of banks will fail. But, he is ...
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Newspaper

Media Digest 8/19/2008 Reuters, WSJ, NYTImes, FT, Bloomberg

According to Reuters, Lehman (LEH) is considering selling it Neuberger Berman asset management unit.Reuters writes that bail-out concerns pushed down stocks in Fannie Mae (FNM) and Freddie Mac (FRE). Reuters ...
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Jap

Asia Markets 8/19/2008 (LFC)(CN)

Most markets in Asia were down.The Nikkei fell 2.3% to 12,865. Casio fell 3.7% to 1229. Bridgestone rose 2.1% to 1890.The Hang Seng fell .8% to 20,757. China Life (LFC) ...
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