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Daily Archives: October 13, 2008

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Top Pre-Market Analyst Downgrades (ALL, DO, DOW, JCG, LULU, SONC)

Posted: October 13, 2008 at 6:11 am

These are some of the top pre-market downgrades we are seeing this Monday morning with more than two hours to the open:Allstate (ALL) Cut to Sell from Hold at S&P ...
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Goldman Sachs Hits Oil Sector (BHI, EP, XOM, KMP, MMP, EPB, MRO, MUR, KGS, SLB)

Posted: October 13, 2008 at 6:00 am

In a perhaps late research call in the oilpatch, Goldman Sachs has downgraded the exploration & production sector to Neutral from attractive and downgraded the oil services sector to Neutral ...
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Can The Market Rally For A Week? It Needs To (PEP)(JNJ)(INTC)(WFC)(JPM)(MS)

Posted: October 13, 2008 at 5:07 am

A big up day in the market, say 4% or 5%, is not a rally, at least not any more. The DJIA has proved that it can move 1,000 points ...
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As UK Bank Rescue Moves Forward Could The US Treasury Own Most Of Citigroup (C)?

Posted: October 13, 2008 at 4:45 am

The UK government is about to become the de facto largest shareholder in two of the country's largest banks, HBOS and The Royal Bank of Scotland (RBS). Given the number ...
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The Caste System At The Core Of The Credit Crisis

Posted: October 13, 2008 at 4:05 am

The great fraud perpetrated by the criminal manipulators at the top of the US financial system was that almost every American could move up a level in the US caste ...
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Sony (SNE) Opts To Let PS3 Prices Stay High For Holidays: Guts On Parade

Posted: October 13, 2008 at 3:37 am

Sony Corp. (SNE) has elected not to mark down the price of its PlayStation 3 system for the holidays. The most basic version of the console, which was released in ...
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Starbucks (SBUX) Goes Into Litigation After Store Closings

Posted: October 13, 2008 at 2:54 am

The turnaround at Starbucks (SBUX) has been tough since Howard Schultz returned as CEO in January. The stock is down nearly 50% year-to-date as the company returns it focus to ...
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Media Digest 10/13/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 13, 2008 at 2:49 am

According to Reuters, world markets are waiting to see how the bailout of banks in Europe and the US will work.Reuters reports that Japan's Mitsubishi UFJ Financial Group is looking ...
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Asia Markets 1/13/2008 Indexes Surge, Europe Opens Up

Posted: October 13, 2008 at 2:15 am

Markets in Asia were sharply higher.Japan was closed for a holiday.The Hang Seng rose 7.1% to 15,847. The Shanghai Composite rose 3.7% to 2,074.In Europe, The DAX was up 5.9% ...
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