Quantcast

Daily Archives: December 15, 2008

Pali Research Slaps Sell Rating On Baidu.com (BIDU)

Posted: December 15, 2008 at 8:54 am

Pali Research slapped a dreaded Sell rating on Baidu.com (BIDU), saying short-to-mid-term uncertainties are much bigger than opportunities. The firm set a $90 price target on Baidu.com, which is 21% ...
Read Full Story »
Burning_money_pic_2

No Help Yet in Manufacturing

Posted: December 15, 2008 at 8:50 am

Manufacturing in the NY FED district appears to be running at near-record lows.  The Federal Reserve Bank of New York's Empire Manufacturing Index is still a fairly new index, but ...
Read Full Story »
House

$2 Trillion In Home Value Gone In A Year

Posted: December 15, 2008 at 8:49 am

One year. $2 trillion gone. According to Reuters, "Homes in the United States have lost trillions of dollars in value during 2008, with nearly 11.7 million American households now owing ...
Read Full Story »

Jet Fuel Price Drop Gives Airlines Some Room? No (AMR)(DAL)(UAUA)

Posted: December 15, 2008 at 7:54 am

Jet fuel prices dropped in November as did passenger traffic. Just this last summer, people were flying but the cost of fuel was pushing big carriers toward bankruptcy. Fuel prices ...
Read Full Story »
Money_stack_pic_2

Top Pre-Market Analyst Upgrades (MO, BBY, CFL, CEPH, GILD, LMT, TNDM, NOC, TLAB, MTN)

Posted: December 15, 2008 at 7:52 am

These are the top pre-market upgrades and positive analyst calls we have seen from Wall Street this Monday morning:Altria (NYSE: MO) Raised to Overweight at JPMorgan.Best Buy (NYSE: BBY) Raised ...
Read Full Story »
Burning_money_pic

Top Pre-Market Analyst Downgrades (ALU, AUO, BEC, BA, GR, KSU, LULU, SEPR)

Posted: December 15, 2008 at 7:49 am

These are some of the top pre-market analyst downgrades or negative calls on Wall Street we have seen this Monday morning:Alcatel-Lucent (NYSE: ALU) Cut to Underperform at Jefferies.AU Optronics (NYSE: ...
Read Full Story »
Uncle_sam

The Siemens Precedent: Jacking Up Penalties To Fund The Government, A Billion Fine For Madoff

Posted: December 15, 2008 at 6:31 am

Siemens (SI) will pay the US an $800 million fine to settle a bribery case. That may not seem like a lot side-by-side with the Paulson plan, but if the ...
Read Full Story »
Tx00338coilwellgusherodessatexaspos

Looking For Oil Back At $100

Posted: December 15, 2008 at 6:17 am

OPEC wants to see oil prices higher, much higher. Some of its member nations are running huge national deficits now that the price of crude has gone from $147 last ...
Read Full Story »
20060226gmaillogogoogletm

Google’s (GOOG) Wants To Ruin The Internet

Posted: December 15, 2008 at 5:59 am

Google (GOOG) pretty much gets to do what it wants to do. That is a little less true now that its earnings are slowing and its stock price is down. ...
Read Full Story »
Jap_2

Is Japan’s Nikkei Sending Signal Of A Global Market Recovery?

Posted: December 15, 2008 at 5:39 am

The Nikkei was up yesterday and it now up close to 10% over the last 90 days. That makes no sense given that the Japanese quarterly Tankan survey showed business ...
Read Full Story »
Newspaper

Media Digest 12/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 15, 2008 at 4:01 am

According to Reuters, there may be another bubble in commodities prices.Reuters reports that the recession is hurting Japan's economic sentiment and China's industrial output.Reuters writes that Bush said the auto ...
Read Full Story »
Jap

Asia Markets And Europe Open 12/15/2008

Posted: December 15, 2008 at 3:21 am

Markets in Asia rose.The Nikkei was up 5.2% to 8,665.The Hang Seng rose 1.9% to 15,038.The Shanghai Composite was up .5% to 1,964.In Europe, the FTSE was up .9% to ...
Read Full Story »