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Daily Archives: November 20, 2008

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Still No Solutions For Mortgage Foreclosures

Posted: November 20, 2008 at 8:14 pm

Fannie Mae (FNM) and Freddie Mac (FRE) announced that they will suspend foreclosures of occupied homes until early 2009. That appears to be an excellent way to stop the increase ...
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Internet Revenue At New York Times (NYT) Needs To Be Going Up 100%, But It’s Not

Posted: November 20, 2008 at 4:40 pm

Online revenue at The New York Times Company (NYT) would have to be doubling to make up for the drop in overall revenue, based on the figures the company supplied ...
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Dell EPS Driven By Cost Cuts (DELL)

Posted: November 20, 2008 at 4:12 pm

Dell Inc. (NASDAQ: DELL) today posted earnings which may contain some surprises for bulls and bears alike.  The PC maker posted $0.37 EPS and $15.16 billion in revenues versus $0.31 ...
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Sad_clown

The 52-Week Low Club (GOOG)(AAPL)(BAC)(F)(GM)(C)(CLWR)(PLD)(JNY)(STP)

Posted: November 20, 2008 at 4:01 pm

Verifone (PAY) JP Morgan cut rating. Drops to $2.38 from 52-week high of $48.61.Suntech (STP) Forecast below Wall St. estimates. Down to $5.60 from 52-week high of $90.Jones Apparel (JNY) ...
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DJIA Boot: Will GM, Alcoa, Citi Get Cut From Index? (GM, C, AA, F, AIG)

Posted: November 20, 2008 at 3:48 pm

This is not going to be a pleasant topic, but by now we are all probably more than used to unpleasant economic topics.  The Dow Jones Industrial Average may follow ...
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Treasury

Paulson: Current Financial Crisis A Once Or Twice A Century Event

Posted: November 20, 2008 at 3:32 pm

Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a "once or twice" in a 100 years event, even as he warned Thursday against imposing too-strict ...
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Ford Run Over By S&P (F, GM)

Posted: November 20, 2008 at 3:08 pm

Standard & Poor's has come out with another timely research call today, and while shares are still up about 5% they are off of intra-day highs..  The ratings agency has ...
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Uncle_sam

Bank Of America (BAC) CEO Blames Government For Credit Crisis

Posted: November 20, 2008 at 3:05 pm

Now that his company has its bailout cash from Henry Paulson, Bank of America (BAC) CEO Kenneth Lewis can say whatever he wants about the government. BAC has probably spent ...
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Oouch! Auto Bailout Deal Dead In A Hour (GM)(F)

Posted: November 20, 2008 at 2:33 pm

So much for the Detroit bailout that was supposed to be announced later today.CNBC is reporting that there is no deal. The network says: "Senate Majority Leader Harry Reid and ...
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Batmobile512

Talk That Car Industry Will Get Bailout (GM)(F)

Posted: November 20, 2008 at 2:20 pm

Word from Washington is that a bailout agreement has been reach among the various factions in Congress.There will no details on the arrangement until a news conference later this afternoonAccording ...
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Airline Industry 2009 Recovery – MAYBE – (AMR)(UAL)(DAL)(CAL)(SWA)(LCC)(JBLU)

Posted: November 20, 2008 at 12:41 pm

______________________________________________________________Airline Industry 2009 Recovery - MAYBE -By Robert HerbstOnly weeks ago due to the unprecedented rise in fuel costs, analysts were  predicting doom for the airline industry. Today, crude oil ...
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Angrybear

Citigroup (C) And GM (GM): The Shadow Of Economic Ruin

Posted: November 20, 2008 at 11:33 am

No one knows what a Great Depression would look like in 2009. It would not necessarily have to match the 25% or so unemployment rate which was the high-water mark ...
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Bank Share Collapse Points to the Failure of TARP

Posted: November 20, 2008 at 11:11 am

By John Tamny  RealClearMarketsWhen Treasury Secretary Henry Paulson announced last month that he would use TARP funds to directly buy shares of banking firms, many on the left and right ...
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Burningmoney

Market Welcomes Grand Canyon Education, With Sellers (LOPE)

Posted: November 20, 2008 at 10:50 am

Grand Canyon Education, Inc. (NASDAQ: LOPE) priced its initial public offering of 10,500,000 shares of its common stock at $12.00 per share.  This pricing was at the lower-end of yesterday's ...
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Sun and Wind Turn Into Clouds and Rain (STP, APWR, JASO, FSLR, ENER)

Posted: November 20, 2008 at 10:25 am

The point that alternative energy companies are being battered in the stock market is no surprise. Yet some of the companies, at least, are performing fairly well and probably deserve ...
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