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Daily Archives: October 14, 2008

Johnson & Johnson (JNJ) Beats

Posted: October 14, 2008 at 7:08 am

The market needed Johnson & Johnson (JNJ) to come though with big numbers to show that the consumer goods and medical devices markets, which to a large extent depend on ...
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Top Pre-Market Analyst Upgrades (AOC, BAC, CR, DOV, FSLR, HPT, MMM, MMC, MA, SPWRA, TROW, V, WU)

Posted: October 14, 2008 at 6:55 am

These are some of the top analyst upgrades we are seeing in early hours of pre-market trading this Tuesday morning:AON Corp. (AOC) Raised to Buy at Goldman SachsBank Of America ...
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Angrybear

Bad Start For Earnings: Pepsi (PEP) Tanks

Posted: October 14, 2008 at 6:22 am

The early wave of third quarter earnings stepped on a banana. Pepsi (PEP) numbers were awful and they cost a lot of people their jobs.Globally, approximately 3,300 positions will be ...
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Yahoo_logo

Time For Google (GOOG) To Dump Yahoo! (YHOO) Deal

Posted: October 14, 2008 at 5:41 am

Yahoo! (YHOO) needs the deal for Google (GOOG) to sell search advertising for the portal company more than Google needs it. The world's largest search firm may make a modest ...
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R218533_855025

Merck (MRK): More Trouble With Vioxx

Posted: October 14, 2008 at 5:24 am

A lot of people believe that Merck (MRK) knew a lot more about the dangers of its arthritis drug Vioxx than the company ever let on. Heart problems were apparently ...
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Maps

Earnings On Deck: Only Nine Companies Will Matter

Posted: October 14, 2008 at 5:16 am

Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index ...
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Treasury

Paulson’s New Plan: The Good Guys Get Gored (JPM)(MS)(GS)(C)

Posted: October 14, 2008 at 4:37 am

One size fits all. That is the reasoning behind Treasury's plan to invest money in a number of large banks by purchasing preferred shares.Jamie Dimon of JP Morgan (JPM) and ...
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Newspaper

Media Digest 10/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 14, 2008 at 2:52 am

According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26 billion each. Merrill Lynch (MER) and Bank of America (BAC) ...
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China

Asia Markets 10/14/2008 Furious Rally

Posted: October 14, 2008 at 2:14 am

Markets in Asia were up sharply. The Nikkei rose 14.3% to 9,456. Mitsubishi UFJ was up 14%. Toyota (TM) rose 15.5%. Honda (HMC) rose 17.8%.The Hang Seng moved up 4.4% ...
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