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Daily Archives: January 21, 2009

Trouble in the Oil Sands (SU, ECA)

Posted: January 21, 2009 at 10:30 am

Yesterday's New York Times carried a story about the commercial building boom in Calgary, Alberta. About 75% of Calgary's office space is occupied by companies involved in extracting fossil ...
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UBS Slaps Short-Term Sell on GE (GE), Says AAA Rating and Dividend At Risk

Posted: January 21, 2009 at 9:18 am

Once the bluest of the blue chips, General Electric (NYSE: GE) can not seem to get a break anymore. Today, analysts at UBS slapped a "Short Term Sell" on GE, ...
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Northern Trust Gets It Right (NTRS)

Posted: January 21, 2009 at 8:46 am

Northern Trust Corporation (NASDAQ: NTRS) is indicated higher after the trust bank and depository institution managed to show that some banks can beat earnings and still post positive earnings. (more...) ...
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Top Pre-Market Analyst Upgrades (AXL, ARCC, FSLR, F, GOOG, HOG, JBL, LEA, MYL, RYAAY, UL)

Posted: January 21, 2009 at 7:43 am

These are some of the top upgrades and positive calls we have seen from analysts on Wall Street this Wednesday morning:American Axle (AXL) Raised to Hold from Sell at Deutsche ...
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Top Pre-Market Analyst Downgrades (AINV, BHI, BAC, WFR, MBT, OZM, SPWRA, STP, VIP, WMT)

Posted: January 21, 2009 at 7:40 am

These are some of the top pre-market analyst downgrades or cautious calls we are seeing from Wall Street this Wednesday morning:Apollo Investment (AINV) Cut to Neutral from Overweight at JPMorgan.Baker ...
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Old_car

What If Housing Does Not Recover This Year

Posted: January 21, 2009 at 6:21 am

Many economists, perhaps a majority of them, think that housing will bottom sometime in the second half of this year and prices will begin to move back up in 2010.The ...
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The Sony (SNE) System For Handling Layoffs: Fight Them

Posted: January 21, 2009 at 6:02 am

At most companies when the CEO says it's time to go, it's time to go. Not at Sony (SNE). The CEO, Sir Howard Stringer, wants to dump a bunch of ...
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The Cellular World Turns Ugly As Ericsson (ERIC) Cuts (AAPL)(NOK)(RIMM)(T)(S)(ALU)

Posted: January 21, 2009 at 5:46 am

The business of selling handsets and cellular service was supposed to be close to "recession proof". A number of citizens in place like China and India still do not have ...
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SEC: Did Apple (AAPL) Board Do The Right Thing On Jobs Health

Posted: January 21, 2009 at 5:26 am

If the CEO of a public company is sick, does the board has to tell the world? How sick? Life threatening? Enough to keep the person out of his work ...
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Winter

Media Digest 1/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 21, 2009 at 3:57 am

According to Reuters, the financial crisis may speed up the approval of the Treasury Secretary.Reuters reports that Fiat has set a deal to own 35% of Chrysler.Reuters reports that an ...
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Sunset

Asia Markets And Europe Open 1/21/2009

Posted: January 21, 2009 at 3:20 am

Markerts is Asia fell sharplyThe Nikkei was off 2% to 7,902.The Hang Seng fell 3.3% to 12,537.The Shanghai Composite was of .5% to 1,955At the open in Europe, the FTSE ...
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