Daily Archives: November 20, 2008

Analyst Defends Google (GOOG), Says Search Ads Will Hold Up Well

Posted: November 20, 2008 at 10:03 am

From StreetInsiderWith shares of Google (Nasdaq: GOOG) in the tank, bullish Piper Jaffray analyst Gene Munster is pleading his case again to buy the stock.The main issue driving the downside ...
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What Sub-$50 Oil Means For You

Posted: November 20, 2008 at 9:33 am

If you wanted help from the oil front, the help you have sought has come and may be a curse. Forget oil close to $150.00 per barrel and forget whatever ...
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Does Pepsi Guidance Even Matter? (PEP, PBG, KO)

Posted: November 20, 2008 at 9:18 am

PepsiCo, Inc. (NYSE: PEP) issued a statement this morning noting that the company would reaffirm its core guidance at the Morgan Stanley Global Consumer and Retail Conference. Pepsi is ...
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Credit Cards: The Next Big Financial Explosion

Posted: November 20, 2008 at 9:00 am

A number of bank analysts believe that the reason industry earnings will not improve next year is a sharp spike up in credit card defaults.In many cases, financial companies are ...
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Microsoft Debt Registration (MSFT)

Posted: November 20, 2008 at 8:54 am

Microsoft Corporation (NASDAQ: MSFT) has just filed a shelf registration statement with the SEC that will allow the company to sell debt instruments from time to time if it chooses. ...
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National Oilwell Varco, Schlumberger Team Up (NOV, SLB, BP)

Posted: November 20, 2008 at 8:45 am

One oilfield services giant, Schlumberger (NYSE:SLB), and one large oilfield services and well manufacturing company, National Oilwell Varco (NYSE:NOV), have announced plans to form a joint venture focused on intelligent ...
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People Still Driving Less, Oil Demand Destruction

Posted: November 20, 2008 at 8:42 am

The US Department of Transportation yesterday released its report on traffic volume for the month of September. Compared with 2007, miles driven fell by 4.4% during the month, and cumulative ...
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Jobless Claims & Ominous Revelations

Posted: November 20, 2008 at 8:38 am

Weekly jobless claims just hit a new current recession high with a reading of 542,000 filing for unemployment. This is the highest reading since 1992. Last week's numbers were revised ...
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Citigroup (C): Why Would The Prince Take The Risk?

Posted: November 20, 2008 at 7:54 am

Saudi Arabian investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud is taking a very big risk, upping his investment in Citigroup (C). A sign he likes management?A copy of ...
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GMAC Wants To Be A Bank

Posted: November 20, 2008 at 7:48 am

According to MarketWatch: "GMAC Financial Services, said Thursday it has applied to become a bank holding company to access emergency cash under the U.S. Treasury's Capital Purchase Program. As a ...
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Early Bird Analyst Upgrades & Downgrades (CPHD, SCHW, DSX, GYMB, WIN, AMED, EGLE, NMM, SOL, PAY)

Posted: November 20, 2008 at 7:44 am

These are some of the top early bird analyst upgrades and downgrades we are seeing this Thursday morning:Cepheid (CPHD) Started as Buy at Needham.Charles Schwab (SCHW) Raised to Market Perform ...
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Why Does GE (GE) Need To Raise More Money?

Posted: November 20, 2008 at 7:43 am

After paying dearly for money from the likes of Warren Buffett, why would GE (GE) need more cash?It appears that the big conglomerate is looking, which may not be especially ...
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Baidu.com Analyst Pile-One (BIDU)

Posted: November 20, 2008 at 7:08 am

Baidu.com, Inc. (NASDAQ: BIDU) looks like an analyst convention started on the steps to its corporate headquarters. The Chinese search giant did manage to score an upgrade, but it also ...
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Major S&P Stocks On Decade Lows (AA, AMAT, AMD, DOW, EK, GCI, HOG, INTC, IP, JNY, M, MU, MSFT, NWL, NWS, SLE, STX, LUV, HOT, YRCW)

Posted: November 20, 2008 at 6:39 am

Covering any part of the positives in this market has been literally as rewarding as jumping in the bear cage with the bears at the zoo. We have been refraining ...
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GM (GM) And Chrysler: Why Die Alone?