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Daily Archives: October 17, 2008

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The Next Stocks That Could Go Under $1 (CHTR)(SIRI)(F)(LVLT)(ABK)(AIG)(NCC)(C)

Posted: October 17, 2008 at 10:15 am

A year ago, it would have been hard to find people who would believe that Sirius XM (SIRI) or Charter Communications (CHTR) would trade below $1. Sirius had a 52-week ...
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Warren Buffett’s Likely New Personal Investments (BRK-A, WFC, GE, GS, KO, KFT, NKE, BNI)

Posted: October 17, 2008 at 9:14 am

The New York Times has a new writer, at least for a day.  Warren Buffett has written an op-ed piece for the paper titled "Buy American. I Am." to shore ...
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Rite Aid Problems Mounting (RAD)

Posted: October 17, 2008 at 8:14 am

The problems are mounting for Rite Aid Corporation (NYSE: RAD).  Yesterday, the  drug store operator received a non-compliance letter from the NYSE over its shares trading under $1.00 for the ...
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Housing Starts Tank

Posted: October 17, 2008 at 7:50 am

According to The Wall Street Journal, "Home construction took its third tumble in a row during September, falling to the lowest level in 17 years, and a sign points ...
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Day Trader Alert: Baidu.com (BIDU, GOOG)

Posted: October 17, 2008 at 7:32 am

Baidu.com, Inc. (NASDAQ: BIDU) is seeing a rather large surge in its shares this morning.  The frequently analogized "Chinese Google" has no news of its own.  But the real Google ...
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Top 10 Pre-Market Analyst Upgrades (BWA, CSTR, ESRX, JNPR, M, MAS, NSR, SKS, SYMC, UNH)

Posted: October 17, 2008 at 6:49 am

These are ten of the top Wall Street analyst upgrades we are seeing from this Friday morning with more than two hours to the open:Borg Warner (BWA) Raised to Buy ...
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Rumor: Yahoo! (YHOO) To Cut 3,000 Jobs

Posted: October 17, 2008 at 6:41 am

Believe what you will. Reports from Valleywag say that stories appeared in Fortune and at Google News saying that consultants from Bain, which is helping Yahoo! (YHOO) look at its ...
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Toyota Goes To “Zero Percent” Financing As Its Sales Go To Hell

Posted: October 17, 2008 at 5:28 am

Toyota is not supposed to have to give out any incentives to sell its cars. They perform better than other vehicles in customer satisfaction tests. They get good gas mileage. ...
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Fed

Armed Robbery At The Fed: Bank Problems Are Getting Worse (C)(MER)(JPM)(UBS)

Posted: October 17, 2008 at 5:09 am

Bank earnings were hit hard this week. Even if the results at Citigroup (C), Merrill Lynch (MER), and JP Morgan (JPM) did not drive the credit system into insolvency, each ...
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Google (GOOG) Earnings: A Perfect Proxy For Small Business

Posted: October 17, 2008 at 4:42 am

Google’s (GOOG) earnings are ancient news now. The search company did much better than expected. The economy did not bring it down like a rhino killed off in the wild.The ...
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Newspaper

Media Digest 10/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 17, 2008 at 2:57 am

According to Reuters, policy makers around the world are trying to deal with the fact that the economy is moving into a deep recession.Reuters writes that Google (GOOG) exceeded forecasts ...
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China

Asia Markets And Europe Open 10/17/2008

Posted: October 17, 2008 at 2:28 am

Markets in Asia were mixed. The Nikkei was up 2.8% to 8,694. NTT DoCoMo rose 7% and NTT was up 8%.The Hang Seng fell 1.4% to 15,012..The Shanghai Composite rose ...
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