Quantcast

Daily Archives: September 30, 2008

Huntsman_logo

Attila the Huntsman (HUN)

Posted: September 30, 2008 at 7:32 am

Huntsman Corp. looks like it may be trading up 50% pre-market after a recent battering.  This chemicals and products maker had been down and out after its private equity buyout ...
Read Full Story »
Siri

Sirius (SIRI): Some Upside

Posted: September 30, 2008 at 7:30 am

Sirius (SIRI) management has been desperate to convince shareholders that the merger of the two satellite radio companies would work. Wall St. has not bought into the pitch, but there ...
Read Full Story »

Conexant One To Watch on Guidance (CNXT)

Posted: September 30, 2008 at 7:20 am

Conexant Systems Inc. (NASDAQ: CNXT) did something unusual even for a small cap stock.  The communications chip company raised its guidance.  It now sees EPS of $0.24 to $0.26 vs. ...
Read Full Story »

Economic Crises Are ‘The Health of the State’

Posted: September 30, 2008 at 7:08 am

By John Tamny, RealClearMarketsEarly 20th century writer Randolph Bourne was probably most famous for proclaiming that war is "the health of the state." Whatever the good or bad of wars, ...
Read Full Story »

Top Pre-Market Analyst Upgrades (ANF, ARG, EMR, LSTR, SPNC, WFC)

Posted: September 30, 2008 at 7:06 am

These are some of the key upgrades from analysts we are focusing on this Tuesday morning:Abercrombie & Fitch (ANF) Raised to Outperform at FBR.Airgas (ARG) Raised to Outperform at Baird.Emerson ...
Read Full Story »

Top Pre-Market Analyst Downgrades (APKT, FITB, GNTX, NYM, PLD, ROK, TSS, VRAD)

Posted: September 30, 2008 at 7:01 am

These are not all of the downgrades, butthese are some of the standout calls early this Tuesday morning:Acme Packet (APKT) Cut to Sell at Piper Jaffray.Fifth Third Bancorp (FITB) Cut ...
Read Full Story »
Tx00338coilwellgusherodessatexaspos

Oil To $60, Speculation On The Way Down

Posted: September 30, 2008 at 5:14 am

Two months ago, it was unimaginable that crude could drop below $100. The stink of $147 oil was still in the air. Eulogies for the car and airline industries were ...
Read Full Story »
Cammonopoly_wideweb__430x3250

Opening The Fed Lending Window To Hedge Funds

Posted: September 30, 2008 at 4:55 am

The poor and middle class like to spit on the rich when they are down. It happens so rarely.The idea of bailing out hedge funds or helping them in any ...
Read Full Story »
Fed

The Fed Needs To Cut Interest Rates To Zero

Posted: September 30, 2008 at 4:25 am

Up until recently, the Fed had a good reason not to cut interest rates. Inflation might catch hold of the economy and undercut the purchasing power of individuals and corporations ...
Read Full Story »
Newspaper

Media Digest 9/30/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 30, 2008 at 2:41 am

According to Reuters, the credit crisis has sharply increased the chances of a deep recession. Reuters reports that the fall in the stock market is pushing investors into safe investments ...
Read Full Story »
Jap

Asia Markets 9/30/2008 Nikkei Off 4% (PTR)

Posted: September 30, 2008 at 2:14 am

Asia markets fell sharply.The Nikkei dropped 4.1% to 11,260. The Hang Seng fell 2% to 17,629. Sun Hung Kai Properties fell as much as 6%. Petrochina (PTR) and CNOOC were ...
Read Full Story »