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Daily Archives: October 23, 2008

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Potash Almost Smells Better Than Natural Fertilizer (POT)

Posted: October 23, 2008 at 7:19 am

Potash Corp. of Saskatchewan (NYSE: POT) is seeing a recovery this morning.  The potash and fertilizer giant posted earnings at $3.93 EPS vs. $3.57 estimates on a 136% revenue gain.  ...
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Early Bird Analyst Upgrades (AEO, BPL, GMR, ITRI, PNR, TCK, URBN)

Posted: October 23, 2008 at 6:32 am

These are some of the top analyst upgrades we are seeing from Wall Street firms this Thursday morning with more than two hours to the open:American Eagle (AEO) Started as ...
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Early Bird Analyst Downgrades (ADCT, ACL, AMMD, BGH, CNB, CNW, ERTS, FCX, NAT, OSG, PCU, STM)

Posted: October 23, 2008 at 6:30 am

These are some of the top analyst downgrades we are seeing from Wall Street firms this Thursday morning with more than two hours to the open:ADC Telecommunications (ADCT) Cut to ...
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Dow Chemical’s (DOW) Perfect Pitch

Posted: October 23, 2008 at 5:55 am

Dow Chemical (DOW) reported earnings today. Beyond all the numbers, segment earnings, and geographic data, there was only one important thing.  "In our view, we will likely see a global ...
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Goldman Sachs (GS) Cuts 10%

Posted: October 23, 2008 at 5:40 am

The media is reporting that Goldman Sachs (GS) will cut 10% of its workforce, or about 3,000 people. Since the firm has been at the summit of its industry for ...
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Amazon (AMZN): The Last Big Hope For Consumers This Earnings Season

Posted: October 23, 2008 at 5:30 am

Amazon (AMZN) has two huge advantages as a retailer. The first is that it has no stores. The other is that it has an astonishingly large list of things it ...
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Russia Tells OPEC To Take A Hike

Posted: October 23, 2008 at 5:17 am

It must have been quite a sight. The former KGB agents who run Russia sitting across from OPEC billionaires in Armani suits. The Russian still buy their suits off the ...
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The Eastern Front For Banks: Credit Cards

Posted: October 23, 2008 at 4:37 am

How many people in the US have credit cards? The answer might be misleading. Some of the unusually reckless have three, four, or five cards. They use the money available ...
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Media Digest 10/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 23, 2008 at 3:01 am

According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies.Reuters writes that Amazon (AMZN) turned in a weak forecast hurting its ...
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China

Asia Markets And Europe Open 10/23/2008

Posted: October 23, 2008 at 2:13 am

Markets in Asia were lower.The Nikkei fell 2.5% to 8,461, pulled down by Honda (HMC) and Mizuho Financial The Hang Seng dropped 2.3% to 13,835. The Shainghai Composite fell 1.2% ...
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