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Monthly Archives: January 2009

Blue_hills

Citigroup (C): Two Businesses Need Two CEOs

Posted: January 16, 2009 at 8:06 am

Buried a bit in the news that the government had entered into a definitive agreement to share losses on $301 billion of Citigroup's toxic assets and the announcement that the ...
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Money_stack_pic

Top Pre-Market Analyst Upgrades (BKS, BCO, K, NAV, OCR, SONS, TKC)

Posted: January 16, 2009 at 7:56 am

These are some of the top pre-market analyst upgrades we have seen early this Friday morning:Barnes & Noble (BKS) Raised to Neutral at JPMorgan.Brink's (BCO) Started as Outperform at Oppenheimer.Kellogg ...
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Burning_money_pic

Top Pre-Market Analyst Downgrades (ABB, BCS, CPO, CYNO, FFIV, GG, HMA, HBC, MBT, NWS, TRI, VIA, VIP)

Posted: January 16, 2009 at 7:53 am

These are some of the top pre-market analyst downgrades we have seen early this Friday morning:ABB (ABB) Cut to Neutral at Goldman Sachs.Barclays (BCS) Cut to Sell at RBS.Corn Products ...
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Water_lilies

A Two-Year Drought In Oil Prices

Posted: January 16, 2009 at 7:17 am

If there was ever any concern that consumers would face higher gas prices, many are now assuming that this economic worry may be gone. And the case for deflation is ...
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Sunset

Sony Ericsson Results: The Age Of The Cellphone Gets Interrupted

Posted: January 16, 2009 at 6:41 am

Sony Ericsson, by most measures the fourth-largest handset company in the world, missed analysts' estimates for the last quarter. The age of the endless growth of cellphone purchases may have ...
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Empire_2

Citigroup (C): Rebuilt Against Its Will

Posted: January 16, 2009 at 6:23 am

The rehabilitation and restructuring of Citigroup (C) was supposed to take months, or maybe a year. The big bank got a cash infusion when it sold a part of Smith ...
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Deflation: The Enemy Of A Depression

Posted: January 16, 2009 at 6:05 am

A run-of-the-mill economist would define deflation as the loss of money supply and credit in the markets. Simply stated, the value of money erodes as prices drop sharply. The value ...
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Old_car

The Winning Idea Of The “Bad Bank”

Posted: January 16, 2009 at 5:44 am

Now that Bank of America (BAC) has been given $20 billion more capital from the government in addition to about $118 billion in guarantees against toxic asset losses, the subject ...
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Empire

Media Digest 1/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 16, 2009 at 4:07 am

According to Reuters, Bank of America will get a huge financial aid package from the government.Reuters reports that Congress is advancing legislation to release the balance of the TARP funding.Reuters ...
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Winter

Asia Markets And Europe Open 1/16/2009

Posted: January 16, 2009 at 3:22 am

Markets in Asia were higher.The Nikkei was up 2.6% to 8,230.The Hang Seng rose .3% to 13,228.The Shanghai Composite was up 1.8% to 1,954.At the open in Europe, the FTSE ...
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Intel_logo_2

Intel Sets Precedent For No Guidance In Tech (NASDAQ: INTC)

Posted: January 15, 2009 at 4:23 pm

Intel Corporation (NASDAQ: INTC) just posted earnings of $0.04 in non-GAAP EPS and $8.23 billion inrevenue.  Thomson Reuters (First Call) had estimates at $0.04 non-GAAPEPS and $8.21 billion in revenue.  ...
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Sunset_4

The 52-Week Low Club (BAC)(RF)(USB)(SSCC)

Posted: January 15, 2009 at 4:12 pm

Bank Of America (BAC) Needs a bigger government bailout. Drops to $7.35 fro 52-week high of $45.08.Regions Financial (RF) Bad day for banks. Falls to $5.97 from 52-week high of ...
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Intel_logo

Digging In For Dismal Intel Earnings (INTC)

Posted: January 15, 2009 at 12:15 pm

Intel Corporation (NASDAQ: INTC) is set to report earnings right after the close.  The company has already said the quarter would be atrocious.  More than once.  But there are some ...
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Was Chavez Just Joking? (CVX, STO, TOT, BP, COP, XOM)

Posted: January 15, 2009 at 11:54 am

Judged by the country's performance in extracting hydrocarbons, Venezuela under President Hugo Chavez has not been a smashing success. Ten years ago, when Chavez first came to power, the country ...
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Sunset_3

The 24/7 Wall St. Chapter 11 Watch (SIRI)(GM)(CHTR)(MNI)(F)(NYT)(BAC)(C)(MOT)(AMD)

Posted: January 15, 2009 at 11:08 am

From time to time, the editors at 24/7 Wall St. will look at which companies may file for Chapter 11 bankruptcy protection over the next year. The analysis involves looking ...
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