The 52-Week Low Club (SKX)(AIG)(EXXI)
Skechers (SKX) Big loss and analysts cuts. The daily double. Drops to $7.11 from 52-week high of $25.20.AIG (AIG) Report says government investment in the company is a bust. Sells ...Read Full Story »
Daily Archives: February 6, 2009
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GE Finally Opens Door To Dividend Cut (GE)
General Electric Company (NYSE:GE) has authorized its regular quarterly dividend of $0.31 per share. This will keep the dividend the same, but if you read into Jeff Immelt's comments, it ...Read Full Story »
Evergreen… or Nevergreen (ESLR)
The sun is not shining on solar stocks these days. Evergreen Solar Inc. (NASDAQ:ESLR) reported a fourth-quarter net loss of $52.1 million (EPS of -$0.32) on revenue of $44.2 million. ...Read Full Story »
Pipeline Company Predicts Weaker 2009 (OKE, OKS)
ONEOK, Inc. (NYSE:OKE) and its pipeline partnership ONEOK Partners, L.P. (NYSE:OKS) have issued guidance for 2008 and 2009. ONEOK has affirmed 2008 EPS "at the low end" of the $2.95-$3.05 ...Read Full Story »
The Ten Companies That Will Lead The US Out Of The Recession
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by ...Read Full Story »
Constellation Energy Exits North American Gas Trading Business (CEG, GS)
In its seemingly never-ending quest to raise cash, Constellation Energy Group, Inc. (NYSE:CEG) has sold its downstream natural gas trading business to the North American trading arm of Australia's Macquarie ...Read Full Story »
GE Finally Opens Door To Dividend Cut (GE)
General Electric Company (NYSE:GE) has authorized its regular quarterly dividend of $0.31 per share of the Company’s common stock. This will keep the dividend the same, but.... if you read ...Read Full Story »
salesforce.com, Failed Coup or Poor Results?
If this was during good times, we'd be under the impression that there was a failed coup inside salesforce.com, Inc. (NYSE: CRM). Steve Cakebread, the company's president & chief strategist, ...Read Full Story »
Allis-Chalmers… Too Little, Too Late? (ALY)
We noted this morning that Allis-Chalmers Energy Inc. (NYSE:ALY) had been downgraded and that the oil field services sector as a whole faced a more general turn south from at ...Read Full Story »
GE May Cut Dividend
GE may cut its dividend or see its Aaa rating disappear. Douglas A. McIntyre ...Read Full Story »
ETF Launch: Colombia ETF… Really (GXG, EC, CIB)
Exchange Traded Funds have been going through some changes. New ETF's are coming to market while others are de-listing because of lack of interest. Today is marking the launch of ...Read Full Story »
Everyone Comes to Bank of America’s Aid (BAC)
Bank of America Corporation (NYSE: BAC) is gapping up over 13% this morning. Keep in mind that there was already a huge recovery from yesterday's lows that went under $4.00, ...Read Full Story »
JP Morgan Said General Electric (GE) Triple-A Rating Not Sustainable And Dividend Will Likely Be Cut
JP Morgan commented on General Electric (NYSE: GE), saying the triple-A credit rating is not sustainable and the dividend will likely be cut. The firm also cut their estimates and ...Read Full Story »
After 7.6% Unemployment, Double-Digit Risks Now Look Real
The dreaded and feared employment data is out, and it isn't pretty. Unemployment came in at 7.6% and the change in non-farm payrolls was -598,000. Dow Jones had estimates at ...Read Full Story »
Carl Icahn Goes After Biogen Idec (BIIB)
Biogen Idec (NASDAQ: BIIB) is coming under fire from activist investor Carl Icahn this morning. A release came out as a "shareholder proposal" from Icahn Partners LP. He is asking ...Read Full Story »
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