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Daily Archives: October 28, 2008

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Can Exxon Mobil Earnings Continue Recent Strength? (XOM)

Posted: October 28, 2008 at 5:01 pm

If you look through today's earnings winners, many of them are oil-related stocks.  Today, Exxon Mobil Corp. (NYSE: XOM) said it would announce its earnings on Thursday.  It will also ...
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Stocks Which Doubled Market Performance (ATI, CMCSA, COH, FMCN, HPC, IPG, MICC, NEM, SNI, TIE, VMED)

Posted: October 28, 2008 at 4:22 pm

As you will see today's gains of 10% and more on both the DJIA and the S&P 500 Index, we wanted to explore which stocks greatly outperformed the markets today.  ...
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The 52-Week Low Club (PDGI)(PRXL)(LVS)(USG)(MF)(CVG)

Posted: October 28, 2008 at 3:01 pm

Convergys (CVG) Posts a loss and weak forecast. Drops to $6.82 from 52-week high of $19.18.MF Global (MF) No major news. Drops to $1.93 from 52-week high of $32.20.USG Corporation ...
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Durability Sinks Whirlpool (WHR)

Posted: October 28, 2008 at 12:58 pm

Whirlpool (WHR) does not have a company mascot like the Maytag Repairman. His marketing pitch is that Maytag products never need to be fixed. He is a man without work, ...
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Ackman’s Target Efforts Could Save Sears & Lampert (TGT, SHLD)

Posted: October 28, 2008 at 12:43 pm

Target Corporation (NYSE:TGT) has confirmed that activist Bill Ackman's Pershing Square has shared various ideas for an alternative ownership structure related to Target real estate.  It also said that this ...
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ATP: Buybacks, Sales & The Future (ATPG, APC)

Posted: October 28, 2008 at 11:58 am

ATP Oil & Gas (NASDAQ:ATPG) is a small-cap E&P company that is desperately trying to improveits share price. It is trading today about 85% lower than its 52-week high.That stinks ...
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Cliffs Winning Strategy: Shutter Mines (CLF, ANR)

Posted: October 28, 2008 at 11:47 am

Newly-named Cliffs Natural Resources Inc. (NYSE:CLF) is slowing production at two of its Minnesota iron ore mines in order "to bring production in line with demand." Three furnaces capable of ...
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Low Oil Prices, Yet High Oil Profits (OXY, BP, VLO, COP)

Posted: October 28, 2008 at 11:35 am

This has been a very sketchy earnings season, and the crazy stock markets have offered very little help in being able to evaluate many companies.  But despite the massive drop ...
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High Volume Stock Tankers (GS, MS, DWT, CRDN, ACF, PRXL)

Posted: October 28, 2008 at 10:42 am

We are seeing many high volume price drops in actively traded shares today.  In most cases, the earnings are to blame, but there are other issues affecting some stocks as ...
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OPEC Ready To Cut Production ASAP

Posted: October 28, 2008 at 10:36 am

OPEC is not an organization that likes to leave money on the table. And, it has done so for far too long, at least according to a number of its ...
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Fahrenheit 451 & The Internet (GOOG, MHP, PSO, JW-A, CBS)

Posted: October 28, 2008 at 9:40 am

We are seeing a historic event, and one which may outline the future of books.  Google (NASDAQ: GOOG) has reached a settlement over its dispute with The Authors Guild and ...
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Burningmoney

Consumers, Hell, and No Handbasket

Posted: October 28, 2008 at 9:10 am

The Conference Board has released a dismal reading of Consumer Confidence. In fact, this looks like a record low.  Consumer confidence in October was given an index reading of 38.0.  ...
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Huntman & Hexion Vs. Bankers, Trouble Merger-Land? (HUN)

Posted: October 28, 2008 at 8:33 am

Huntsman Corporation (NYSE: HUN) is now indicated down after a rise yesterday.  Apparently, Deutsche Bank and Credit Suisse have said they do not want to fund the Apollo-led merger with ...
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TEPPCO Piping Earnings (TPP)

Posted: October 28, 2008 at 8:23 am

TEPPCO Partners (NYSE:TPP), a pipeline master limited partnership, reported third quarter earnings of $0.40/common unit on revenues of $4.2 billion. Analysts were expecting $0.43/common unit and revenues of $3.36 billion. ...
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Smith International, Good Enough (SII)

Posted: October 28, 2008 at 8:18 am

Oil field services company Smith International (NYSE:SII) reported third quarter earnings before the market opened this morning. EPS reached $1.00 on revenues of $2.85 billion. Analysts were expecting EPS of ...
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