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Monthly Archives: February 2009

Facebook Breaks Into Top Ten Websites

Posted: February 19, 2009 at 2:17 pm

Facebook may not make any money, now or in the future. It may only be worth 10% of its maximum valuation of $15 billion. But, in spite of all that ...
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SunPower Keeps Racking Up Deals (SPWRA, GE)

Posted: February 19, 2009 at 12:07 pm

SunPower Corporation (NASDAQ:SPWRA)is reaping the rewards today from two separate announcements.  The company's pact in California is coming to fruition, and a new 2.2 megawatt contract came from Italy.  SunPower ...
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LDK Falling Into Solar Woes Group (LDK)

Posted: February 19, 2009 at 11:59 am

LDK Solar Company Ltd. (NYSE:LDK) shares are being hammered this morning, following yesterday's announcement that the company expects to report a net loss in the fourth quarter of 2008 and ...
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Gold Sort of Shines (NEM, GG)

Posted: February 19, 2009 at 11:25 am

Newmont Mining Corporation (NYSE: NEM) and Goldcorp Inc. (NYSE: GG) both reported earnings this morning. Newmont had net income of $10 million ($0.02 EPS) on revenue of $1.342 billion. On ...
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Next Blow To Banks: Credit Card Write-Offs (C)(BAC)

Posted: February 19, 2009 at 10:22 am

The number of reasons that banks may have to be nationalized my have just grown by one. Default rates on credit cards may end up being much higher than had ...
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Despite Issues, BP Kicks Off Cellulosic Ethanol Project (BP, VRNM, DD)

Posted: February 19, 2009 at 10:16 am

Making ethanol from corn has fallen out of favor. The next big thing is making the stuff from non-food feedstock like switchgrass, corn stalks, and wood chips. There is a ...
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Caterpillar Sales Data Look Like Crater-Pillar (CAT)

Posted: February 19, 2009 at 10:09 am

Caterpillar Inc. (NYSE: CAT) reported some absolutely atrocious numbers for its January orders on deliveries for its machinery and engines lines of business.  This equipment is mostly sold through independent ...
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Pali Research Upgrades Whole Foods Market (WFMI) to Buy, Managing Well Through Tough Environment

Posted: February 19, 2009 at 9:50 am

Pali Research upgrades Whole Foods Market (Nasdaq: WFMI) from Sell to Buy and raised its price target increased to $15, saying the company is managing well. Pali analyst says, "In ...
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Priceline Soars, Expedia Lands In Hudson River (PCLN, EXPE, OWW)

Posted: February 19, 2009 at 9:31 am

It seems that the insatiable growth in online travel bookings might have reached the point that the crumbling economy has caught up to it.  It seems that the name your ...
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As Feds Even Look at 9% Unemployment, Jobless Claims Keep Mounting

Posted: February 19, 2009 at 8:41 am

As if the ongoing jobs data was set to get any better after yesterday's FOMC Minutes calling for 9% unemployment by the end of the year, we just got another ...
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The Collapse of the Capitalist Consensus

Posted: February 19, 2009 at 8:05 am

By John Tamny of RealClearMarkets "The possibility of a rapid repair of their disasters, mainly depends on whether the country has been depopulated. If its effective population have not been ...
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Top Pre-Market Analyst Upgrades (CHK, CMCSA, HPQ, SNY, SSS, RIG, WFMI)

Posted: February 19, 2009 at 7:39 am

These are some of the top early bird analyst upgrades seen from Wall Street analysts this Thursday morning: Chesapeake (CHK) Raised to Outperform at Bernstein. Comcast (CMCSA) Raised to Buy ...
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Top Pre-Market Analyst Downgrades (ACGY, BMRN, CTCM, DENN, XOM, LF, OXY)

Posted: February 19, 2009 at 7:37 am

These are some of the top early bird Analyst Downgrades seen from Wall Street analysts this Thursday morning: Acergy (ACGY) Cut to Sell at Citigroup. BioMarin Pharmaceutical (BMRN) downgraded at ...
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Venezuela: OPEC’s Dilemma

Posted: February 19, 2009 at 6:25 am

Venezuela has decided it needs to pump more oil. It has a simple problem. The nation's income has cascaded as oil prices have fallen from more than $140 last summer ...
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Toyota (TM) Needs GM (GM)

Posted: February 19, 2009 at 5:58 am

Toyota (TM) wants GM (GM) to go out of business. Then the Japanese car company could take the No.1 market share position in America, perhaps over 25%, and make a fortune ...
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