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Daily Archives: November 6, 2008

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Apple (AAPL) iPhone Beats All In Customer Satisfaction

Posted: November 6, 2008 at 9:42 am

The king of customer satisfaction surveys, JP Power, has anointed the Apple (AAPL) iPhone as the best smartphone on the market. Apple ranks highest in overall smartphone customer satisfaction with ...
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IMF Global Economic Outlook: Thanks For Nothing

Posted: November 6, 2008 at 9:32 am

The people at the International Monetary Fund say that the world economy will be in a recession in 2009, making them the last group on earth to acknowledge it."World growth ...
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Water Profits Rise on Higher Rates (AWK, WTR)

Posted: November 6, 2008 at 9:30 am

After the market closed yesterday, American Water Works (NYSE:AWK) reported third quarter EPS of $0.55 on revenues of $672 million. EPS was right on expectations, but revenues fell short by ...
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CVR Energy: Refining Down, Fertilizer Up (CVI)

Posted: November 6, 2008 at 9:26 am

Before the market opened this morning, CVR Energy (NYSE:CVI) released is third quarter earnings. EPS reached $1.16 and revenues totaled $1.58 billion. Analysts expected EPS of $0.75 on revenues of ...
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Burningmoney

Consumers Not Even Window Shopping (WMT, COST, TGT, SKS, JWN, JCP, KSS, DDS, M)

Posted: November 6, 2008 at 9:16 am

The retail sales numbers on Main Street are truly going to hell in a hand basket.  The only bright spot is Wal-Mart Stores (NYSE: WMT), and that is just indicative ...
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Unemply

Jobless Figures, Ominous For Tomorrow’s Unemployment

Posted: November 6, 2008 at 8:39 am

We have just seen the figure for weekly jobless claims, and it is an ugly prelude to tomorrow's unemployment and non-farm payroll data.  The good news is that worker productivity ...
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Angrybear

Put Gap (GPS) Out Of Its Misery: Auction Off The Parts

Posted: November 6, 2008 at 8:31 am

Being a Gap (GPS) shareholder has been a long nightmare and that got worse today.Gap's same store sales in October fell 16%. The retailer reported net sales of $1.08 billion ...
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Bank Of England Cuts 1.5% To 3%

Posted: November 6, 2008 at 8:08 am

A little note from the Bank of England:"The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 1.5 percentage ...
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Wmt

All Hail Wal-Mart (WMT)

Posted: November 6, 2008 at 8:04 am

The magnificence of being big and having extraordinary buying power put Wal-Mart (WMT) at the head of the retailing industry again. It can cut prices to consumers in a way ...
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Top Pre-Market Analyst Downgrades (AMZN, DOX, BRY, CNQ, CEO, CFX, DVN, EOG, GGP, MDR, NWS, PCP, SPWRA, SVR)

Posted: November 6, 2008 at 7:58 am

These are some of the many analyst downgrades we have seen on Wall Street this Thursday morning:Amazon.com (AMZN) Cut to Hold at Citigroup.Amdocs (DOX) Cut to Neutral at Baird.Berry Petroleum ...
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Top Pre-Market Analyst Upgrades (EAC, EQT, HNT, SOV, WFMI, XTO)

Posted: November 6, 2008 at 7:45 am

These are some of the early upgrades we are seeing on Wall Street this Thursday morning:Encore Acquisition (EAC) Raised to Buy at Goldman Sachs.Equitable Resources (EQT) Started as Outperform at ...
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If Detroit Goes Down, So Do Three Million Jobs (GM)(F)

Posted: November 6, 2008 at 6:45 am

Every industry has its blue chip think tank, In the case of cars it is The Center for Automotive Research.The research operation has come out with a new and disturbing ...
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Msft

Yahoo! (YHOO) Turns To Microsoft (MSFT) For Help

Posted: November 6, 2008 at 6:34 am

Now that Google (GOOG) has walked away from a deal to sell search advertising for Yahoo! (YHOO), the portal company has to come up with a way to replace all ...
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Toyota (TM) Catches Cold

Posted: November 6, 2008 at 6:20 am

Toyota (TM) reduced its earnings estimates by more than 50%, making it the last large global car company to admit that there is nothing to be done about salvaging this ...
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Cisco’s (CSCO) Consumer Push Costs It

Posted: November 6, 2008 at 6:11 am

The sound out of Cisco (CSCO) has been so fine for so long that its was an assault to hear that the company would have a drop in revenue in ...
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