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Daily Archives: December 19, 2008

Angrybear

Companies That Won’t Make It Through 2009 (HMC)(SIRI)(AIG)(FRE)(FNM)(RAD)(NYT)(NT)(PIR)(CHTR)(HOV)

Posted: December 19, 2008 at 7:47 pm

A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added ...
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52-Week Low Club (ARTC, CORL, GEOY, HPGP, HLND, HRC, PDLI, SNN, TTWO)

Posted: December 19, 2008 at 3:01 pm

There are plenty of 52-week lows out there for the picking.  These are some of the major lows we saw today which we have seen.  Some are on specific news, ...
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Cash Pipeline is Flowing, But Rates are Up (ETP, KMP)

Posted: December 19, 2008 at 1:01 pm

Energy Transfer Partners L.P. (NYSE:ETP) has priced an offering of $600 million in 9.7% senior notes due 2019, and the paper has been rated 'BBB-' with a 'stable' outlook by ...
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Batmobile512_2

The Market Wises Up About GM (GM)

Posted: December 19, 2008 at 12:46 pm

It has become just another trading day for GM (GM). Shares are up 11% to $4.09. Over the last two weeks, it has traded well above that level on several ...
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NRG Lectures the Feds (NRG, EXC)

Posted: December 19, 2008 at 12:44 pm

NRG Energy, Inc. (NYSE:NRG) responded to yesterday's announcement by hostile suitor Exelon Corporation (NYSE:EXC) that Exelon had filed for Hart-Scott-Rodino approval of its proposed merger with NRG. The response is ...
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Treasury

Paulson Pressures Congress To Hand Over TARP Balance, He May Need It (C)(BAC)(WFC)

Posted: December 19, 2008 at 10:49 am

Henry Paulson wants the $350 billion still left in the TARP funding from Congress. He says the last part of the first $350 billion is going to Detroit.His logic seems ...
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NASDAQ Offers Life To Hundreds of Stocks (NDAQ, CHTR, FNSR, LVLT, OPWV, PEIX, PWAV, PWAV, RFMD, SANM, SIRI, SPSN)

Posted: December 19, 2008 at 10:26 am

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) is making it easier for the army of relatively new penny stocks to maintain their listings on NASDAQ.  The exchange filed with the SEC ...
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Richard C. Perry Continues To Dump His Sears Holdings (SHLD) Shares

Posted: December 19, 2008 at 9:23 am

Sears Holdings (Nasdaq: SHLD) Director, Richard C. Perry, continues to sell his holdings of Sears Holdings. Earlier in the week, Richard Perry sold over 1.2 million shares leaving him with ...
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Ford1

Bush Turns Aside Chapter 11, For Now

Posted: December 19, 2008 at 9:14 am

President Bush said that he will offer loans from the TARP to cover funding needs for three months or so. The package is meant to mirror the one narrowly defeated ...
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A Bank Merger With M&T and Provident (MTB, PBKS)

Posted: December 19, 2008 at 9:00 am

M&T Bank Corporation (NYSE: MTB) has agreed to acquire Provident Bankshares Corporation (NASDAQ: PBKS) for roughly $401 million in stock.  (more...) ...
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More Analyst Calls (MT, ASML, FSLR, PALM, SBUX, RIMM)

Posted: December 19, 2008 at 8:34 am

There are some additional important analyst calls which were not on the early bird list over an hour ago.  Here are some additional upgrades, downgrades, and initiations of new coverage ...
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Top Analyst Upgrades & Downgrades (BKD, SNH, AMZN, AAUK, CENX, EBAY, PRGS)

Posted: December 19, 2008 at 7:27 am

These are some of the top pre-market analyst upgrades and downgrades we have seen from Wall Street this Friday morning with more than two hours until the market opens:Brookdale Senior ...
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Posted Without Comment: S&P Cuts Every Bank In The Universe

Posted: December 19, 2008 at 6:54 am

According to MarketWatch, "Standard & Poor's cut the credit rating or outlook of 12 major U.S. and European financial institutions Friday, saying the move reflected its view of the significant ...
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Tx00338coilwellgusherodessatexaspos

Cheap Oil And The Russian Revolution

Posted: December 19, 2008 at 6:50 am

The sitting government in Russia has not had this much fun since Vladimir Lenin died.Falling oil prices, now sitting well under $40 a barrel. are forcing the Russian government to ...
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Batmobile512

More Talk Of An “Orderly” Bankruptcy At GM (GM)

Posted: December 19, 2008 at 6:27 am

The Bush White House let it leak out yesterday that it was looking at Chapter 11 as a possible way to deal with GM (GM).The news is an acknowledgment that ...
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