Quantcast

Monthly Archives: February 2009

iphone3

New Nokia (NOK) Cuts Not Good For Motorola (MOT) And Apple (AAPL)

Posted: February 11, 2009 at 6:33 am

According to several media reports, Nokia (NOK) says it will cut several hundred employees and temporarily lay off 2,500. Nokia blames the move on the declining market for handsets around ...
Read Full Story »
sirius_satellite_radio_11

Why A Sirius (SIRI) Chapter 11 Does Not Matter

Posted: February 11, 2009 at 6:22 am

It does not matter if Sirius (SIRI) goes bankrupt now. Creditors and bondholders may care. It probably will not be noticed by customers. In that way, it will be like ...
Read Full Story »
cammonopoly_wideweb__430x325010

Why Does Congress Care What Wall St. CEOs Make?

Posted: February 11, 2009 at 6:08 am

Wall St. CEOs are going to be hauled in front of Congress, as they are almost weekly, to defend their use of TARP funds. The subject of what they get ...
Read Full Story »
china2

China Export Drop Signals Deepening US Recession

Posted: February 11, 2009 at 5:44 am

China's exports declined 17.5% to $90.45 billion in January. By some measures, the is the biggest drop in a decade. For the same period, China's imports plunged 43.1% to $51.34 billion. Both ...
Read Full Story »
treasury1

Fighting Delays In The Bank Rescue: The Treasury Can Always Add Another $500 Billion Later

Posted: February 11, 2009 at 5:30 am

The argument over the Treasury Department’s use of new TARP funds and other stimuli focused a great deal on putting $500 billion into  propping up banks and another $1 trillion ...
Read Full Story »
newspaper3

Content, Once King, Becomes A Pauper (AAPL)(YHOO)(CBS)(TWX)

Posted: February 11, 2009 at 5:24 am

Up until very recently, perhaps as recently as six months ago, the prevailing wisdom among analysts who covered the media industry was that “content is king."   It is an inexact ...
Read Full Story »
angrybear1

Shorts Move Out Of Big Retail And Consumer Products

Posted: February 11, 2009 at 4:20 am

JNJ Short sellers are not willing to bet that shares in large retailers or consumer products companies will go any lower. The are gambling that consumer spending has bottomed. Shares ...
Read Full Story »
newspaper2

Media Digest 2/11/1009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 11, 2009 at 3:59 am

According to Reuters, Congress and The White House are working on the final stimulus package. Reuters reports that Wall St CEOs will defend their use of bailout money before Congress. ...
Read Full Story »
china1

Asia Markets And Europe Open 2/12/2009

Posted: February 11, 2009 at 3:23 am

Markets in Asia were lower with Japan closed. The Hang Seng fell 2.3% to 13,561. The Shanghai Composite was off .2% to 2,281. At the open in Europe, the FTSE ...
Read Full Story »
"Going, Going, Gone!"

SIRIUS Bankruptcy (SIRI, SATS)

Posted: February 10, 2009 at 7:46 pm

Sirius XM Radio Inc. (NASDAQ: SIRI) is being mentioned in TheStreet.com, New York Times, the WSJ, and elsewhere as either "filing for bankruptcy protection" or that it was "near ...
Read Full Story »
money_stack_pic5

3M Adds Pressure On GE Dividend Situation (MMM, GE)

Posted: February 10, 2009 at 7:06 pm

3M Co. (NYSE: MMM) just did the opposite of what many large companies are doing in the current liquidity-crunched environment.  The conglomerate just raised its dividend to $0.51 per share.  ...
Read Full Story »
money_stack_pic4

Icahn Buys More Lions Gate After Major Drop (LGF, IEP)

Posted: February 10, 2009 at 5:41 pm

After the close of trading, there was an SEC filing showing that billionaire and activist investor Carl Icahn now controls more than 10.5%  of Lions Gate Entertainment Corp. (NYSE: LGF).  ...
Read Full Story »
burning-money-pic3

Third Wave SPAC IPO Dies Before Launch

Posted: February 10, 2009 at 5:12 pm

Third Wave Acquisition Corp. has just filed with the SEC to withdraw it proposed inital public offering.  You can probably guess why: In light of current market conditions. (more...) ...
Read Full Story »
semiconductor-image2

No Love For NVIDIA (NVDA)

Posted: February 10, 2009 at 4:47 pm

NVIDIA Corporation (NASDAQ: NVDA) earnings show the dual problems of the PC sector.  If you are not a fan of caution or if you think you can't take any more ...
Read Full Story »

Applied Leaves Little To Imagination (AMAT)

Posted: February 10, 2009 at 4:25 pm

Applied Materials, Inc. (NASDAQ: AMAT) just reported earnings.  There was of course the expected drop as many chip and chip equipment players have shown.  Although the company warned about earnings, ...
Read Full Story »