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Daily Archives: September 2, 2008

Sad_clown

The 52-Week Low Club 9/2/1008 (CDE)(NFX)(MDR)(INGN)(HERO)(FLEX)

Posted: September 2, 2008 at 2:59 pm

Coeur d'Alene Mines (CDE) Bad day for commodities stocks. Drifts down to $1.62 from 52-week high of $5.18Newfield Exploration (NFX) Crude down $6. Bad day for oil exploration stocks. Falls ...
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Angrybear

War Is Hell, The Markets Turn Down Mid-Session (LEH)(MER)(INTC)(CSCO)(AAPL)(EBAY)(RIMM)

Posted: September 2, 2008 at 1:21 pm

With a $6 a barrel drop in oil prices, this was supposed to be one of the best days of the year for the stock markets. The Nasdaq opened up ...
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Tx00338coilwellgusherodessatexasp_2

Chesapeake Drilling for Cash? (CHK, BP, PXP)

Posted: September 2, 2008 at 12:55 pm

Chesapeake Energy (CHK) announced today that it will create a joint venture with the US division of BP plc (BP) that will give BP a 25% stake in Chesapeake's Fayetteville ...
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Sprint

24/7 Wall St. Exclusive Interview With Sprint (S) CEO Dan Hesse

Posted: September 2, 2008 at 8:26 am

24/7 Wall St. asked Sprint (S) CEO Dan Hesse a few questions.Here are his answers.24/7: Sprint has clearly had trouble with customer service which has shown up in studies like ...
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R218533_855025_2

More Blight For Merck (MRK)

Posted: September 2, 2008 at 8:11 am

Merck (MRK) and Schering-Plough (SGP) make two of the most widely sold drugs in the world. One is cholesterol drug Zetia. Another is a related drug called Vytorin. The sales ...
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Jp_morgan

Commerzbank And A Big American Bank Merger (JPM)(BAC)(WM)(WB)

Posted: September 2, 2008 at 5:14 am

The Commerzbank buy-out of Dresdner Bank was not a shotgun wedding. Neither institution was failing. The severe balance sheet problems facing may other global money center banks were not an ...
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Tx00338coilwellgusherodessatexaspos

Gustav And Oil Pricing’s New Calculus

Posted: September 2, 2008 at 4:33 am

Earlier this year, it did not take much to disrupt the price of oil and send it rocketing up. The market was inclined to believe that almost all news about ...
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Windmill_2_lg

Companies That Slash R&D In Tough Times Hurt Shareholder Returns

Posted: September 2, 2008 at 3:50 am

In his latest column for The New York Times, Mark Hulbert discusses a study that shows that companies that invest aggressively in research and development tend to reward shareholders with ...
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Newspaper

Media Digest 9/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 2, 2008 at 2:59 am

According to Reuters, the manufacturing sector probably did not grow in AugustReuters reports that it appears Gustav did little damage to oil rigs and refineries.Reuters reports that the Korea Development ...
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Jap

Asia Markets 9/2/2008 (LFC)(CN)

Posted: September 2, 2008 at 2:27 am

Markets in Asia fell. The Nikkei was off 1.8% to 12,609. Bridgestone was up 3.5% to 1850. Canon was down 7.3% to 4670. The Hang Seng dropped 1% to 20,689. ...
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Jap

Asia Markets 9/2/2008 (LFC)(CN)

Posted: September 2, 2008 at 2:27 am

Markets in Asia fell. The Nikkei was off 1.8% to 12,609. Bridgestone was up 3.5% to 1850. Canon was down 7.3% to 4670. The Hang Seng dropped 1% to 20,689. ...
Read Full Story »