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Daily Archives: January 20, 2009

Three-day Weekend Mutes Sound of Oil Falling (COP)

Posted: January 20, 2009 at 9:11 am

Nothing like a holiday weekend to soften the blow of bad news. Add in another day for a presidential inauguration, and it's hard to see how ConocoPhillips Corporation (NYSE:COP) could ...
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RBC Capital Upgraded Research in Motion (RIMM) to Outperform

Posted: January 20, 2009 at 9:11 am

Today, RBC Capital upgraded Research in Motion (NASDAQ: RIMM) from Sector Perform to Outperform from Sector and raised its price target form $45 to $75. The firm said it expects ...
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Goldman Sachs Upgrades Motorola (MOT), Adds To Conviction Buy List

Posted: January 20, 2009 at 9:09 am

Goldman Sachs upgraded Motorola (NYSE: MOT) from Neutral to Buy and added the stock to its Conviction Buy List with a $7 price target, citing valuation.Goldman said the stock price ...
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Layoffs Hitting Harder In Private Equity (BX, ACAS)

Posted: January 20, 2009 at 9:04 am

Cerberus Capital Management was one of the top private equity firms any MBA graduate  would have wanted as their career destination.  But this week may mark another stark reminder that ...
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Empire

Economist Nouriel Roubini Says US Banking System Is Insolvent

Posted: January 20, 2009 at 8:55 am

US bank stocks are off sharply this morning on bad news from the UK, particularly that it has taken a 70% interest in huge financial firm RBS (RBS).Banks may have ...
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Top Pre-Market Analyst Upgrades (ARCC, BNI, MOT, PALM, RVBD, WEN)

Posted: January 20, 2009 at 7:55 am

These are some of the top Pre-Market analyst upgrades on Wall Street this Tuesday morning:Ares Capital (ARCC) Raised to Neutral at JPMorgan.Burlington Northern (BNI) Raised to Neutral from Sell at ...
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Top Pre-Market Analyst Downgrades (AINV, BHI, CNI, RDEN, KSU, PALM, RL, RRGB, SII, TER)

Posted: January 20, 2009 at 7:51 am

These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning:Apollo Investment (AINV) Cut to Neutral at JPMorgan.Baker Hughes (BHI) Cut to Underweight at Morgan Stanley.Canadian ...
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What Happens To Gas Supply If Russia Goes Broke?

Posted: January 20, 2009 at 6:32 am

Russia has begun to ship gas to Europe through the Ukraine again. The dispute over whether Ukraine firm Naftogaz was siphoning fuel is now over, at least for now.Russia faces ...
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With Fuel Concerns Receding, Airlines Face Revenue Drop (AMR)(DAL)

Posted: January 20, 2009 at 6:11 am

The airline industry keeps drawing the short straw.A year ago, the carriers were being pounded by high jet fuel price due to rocketing crude. Now the price of oil is ...
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The EU, The Antitrust Capital Of The World

Posted: January 20, 2009 at 5:55 am

IBM (IBM) has become a target of antitrust regulators in the European Union. Several media sources say that a US company called T3 Technologies claims that IBM refused to offer ...
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Carlos Slim, An Investigative Reporter’s Dream, Saves The Times

Posted: January 20, 2009 at 5:37 am

The New York Times will probably not be writing a piece on the fact that Carlos Slim has occasionally been accused of creating his great wealth in part because he ...
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Winter

Media Digest 1/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 20, 2009 at 3:58 am

According to Reuters, Chrysler and Fiat in are in talks about a possible partnership.Reuters reports that Carlos Slim will invest $250 million in The New York Times.Reuters writes that China ...
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Blue_hills

Asia Markets And Europe Open 1/20/2009

Posted: January 20, 2009 at 3:23 am

Markets In Asia were mostly lower.The Nikkei fell 2.3% to 8,066.The Hang Seng was off 2.6% to 12,993.The Shanghai Composite rose .4% to 1.994/At the open in Europe, the FTSE ...
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