Quantcast

Daily Archives: September 16, 2008

Ingram_micro_logo_2

Ingram Micro, Skydiving Without A Parachute (IM, TECD)

Posted: September 16, 2008 at 7:56 am

Ingram Micro (NYSE: IM) is trading down about 7% pre-market after the company warned about its results ahead.  The technology product distribution company noted that soft economies globally are going ...
Read Full Story »

UBS Gets Its Turn In The Barrel (UBS)

Posted: September 16, 2008 at 7:38 am

UBS AG is back in the barrel this morning.  Investors have more concerns about write-downs, adding pressure to the stock today.  It looks like shares were even halted.  They opened ...
Read Full Story »
95129c

Goldman Sachs (GS) Holds The Thin Line

Posted: September 16, 2008 at 7:30 am

Strong earnings out of Goldman Sachs (GS) would probably reverse the market's perception that all is lost and prove the best companies on Wall St. can handle the pressure of ...
Read Full Story »
Aig

AIG (AIG) Dying

Posted: September 16, 2008 at 6:25 am

AIG (AIG) shares are off 40% in pre-open, to $2.85. ...
Read Full Story »
Dell20logo

Dell (DELL) Sails To Dark Waters

Posted: September 16, 2008 at 6:12 am

Perhaps it is just a bad week for news and it is not going to get better.Dell (DELL) said it is seeing further softening in global end-user demand in the ...
Read Full Story »
Tx00338coilwellgusherodessatexaspos

Rise In Oil Not Over: Nigeria, Venezuela, And Storms Out At Sea

Posted: September 16, 2008 at 5:02 am

Oil has hit a point where many analysts believe that it could move below $90 and stay there. If this were to happen, the boon to the economy should be ...
Read Full Story »
Fed

Fed Rate Cut: No Guts, No Glory

Posted: September 16, 2008 at 4:20 am

The Fed may still be concerned about inflation given that the UK said consumer prices there had a core increase of 4.7%. Even with that news, the oil and commodities ...
Read Full Story »
Newspaper

Media Digest 9/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 16, 2008 at 2:42 am

According to Reuters, the markets will now turn their attention to AIG (AIG) which is struggling to survive.Reuters report that the Fed will probably hold interest rates steady and signal ...
Read Full Story »
China

Asia Markets 9/16/2008 Most Indexes Down 5%

Posted: September 16, 2008 at 2:12 am

Stocks in Asia sold off sharply.The Nikkei fell 5% to 11,610. Mizuho Financial Group was down almost 10%. Canon and Toyota (TM) both sold off.The Hang Seng was down 5.4% ...
Read Full Story »