Quantcast

Monthly Archives: February 2009

Ge_large

How The Recession May Fix GE (GE)

Posted: February 2, 2009 at 9:01 pm

The financial year of 2008 is over for GE (GE) and investors are still debating whether the company will be able to both pay its dividend and keep its ...
Read Full Story »
Sad_clown

The 52-Week Low Club (IP)(MAT)(HAS)(ADCT)(HBAN)(RF)(NCX)

Posted: February 2, 2009 at 4:44 pm

NOVA Chemicals (NCX) Ratings cut pushes shares down to $1.28 compard to a 52-week high of $32.46.Regions Financial (RF) Still falling after analyst downgrades. Falls to $2.67 from 52-week high ...
Read Full Story »
R218533_855025

Tough Times At Sandisk (SNDK)

Posted: February 2, 2009 at 4:26 pm

SanDisk reported Q4 net loss of $1.86 billion, or $8.25 a share, compared with a net profit of $106 million, or $.45, in the same period a year ago.. Revenue ...
Read Full Story »
Bejiqcavb2e9ycazw6i8pcauk6iqhca6pxd

Macy’s To Cut 7,000, And That May Not Be The End

Posted: February 2, 2009 at 2:03 pm

Macy's (M) will cut 7,000 workers, about 4% of its work force. The company says it will also slash its dividend. Macy's same-store sales were off 4% in December. Many ...
Read Full Story »
Burning_money_pic_4

Will India’s $10 Laptop Kill PC Business? (DELL, HPQ, AAPL, MSFT, RHT)

Posted: February 2, 2009 at 12:05 pm

The massive power in the newest of low-cost PC's is killing the computer companies  PC's are becoming about the same as refrigerators and toasters.  And now the $10 laptop ...
Read Full Story »
Starbucks

Cheap Eight O’Clock Coffee Beats Starbucks (SBUX) In Taste Test

Posted: February 2, 2009 at 11:21 am

Eight O'Clock Coffee 100% Colombian at $6.28 per pound ranked number one in Consumer Reports' tests of 19 ground coffees, besting Folgers, Maxwell House, and Starbucks— America's best-selling ground coffees.The ...
Read Full Story »
Burning_money_pic_3

Manufacturing & Construction, Dual Misery But Hints Of Decent News

Posted: February 2, 2009 at 10:22 am

Covering U.S. and global economic data is not exactly the most optimistic of topics today.  The good news is that some of the bad news is not as bad it ...
Read Full Story »
95129c_2

Is Level 3 (LVLT) Close To Default?

Posted: February 2, 2009 at 10:20 am

Level 3 (LVLT) has been dogged by $6.4 billion in debt from M&A activity and virtually non-existent operating income. The tough credit environment is catching up to the firm. LVLT ...
Read Full Story »
3m_logo

3M Joins the Renewable Energy Parade (MMM)

Posted: February 2, 2009 at 9:50 am

The 3M Company (NYSE:MMM) announced this morning that it was launching a new Renewable Energy Division. The division includes two business, Energy Generation and Energy Management.  The Energy Generation business ...
Read Full Story »
Coal_image

Cliffs Closes Coal Mine (CLF, PCX, CNX)

Posted: February 2, 2009 at 9:40 am

After the market closed on Friday, Cliffs Natural Resources, Inc. (NYSE:CLF) announced that it was closing its Pinnacle Mine in West Virginia for the month of February. About 360 employees ...
Read Full Story »

LNG Imports Rising?

Posted: February 2, 2009 at 9:36 am

Houston-based Waterborne Energy Inc. has long kept a close watch on liquified natural gas (LNG) and liquid petroleum gas (LPG) industries. The company monitors shipping movement around the world, and ...
Read Full Story »

Is JPMorgan’s (JPM) Jamie Dimon A Good Liar?

Posted: February 2, 2009 at 9:26 am

JPMorgan Chase's (NYSE: JPM) CEO Jamie Dimon is clearly a smart guy, but he may also be a smart liar. On CNBC, and other media, Dimon said that the accusations ...
Read Full Story »
Odyssey_ship

Odyssey’s Treasure For Shareholders (OMEX)

Posted: February 2, 2009 at 9:25 am

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is a stock which investors and traders may have never heard of, but it is one of the true cult stocks out there.  The ...
Read Full Story »
Burning_money_pic_2

Income & Spending Much Worse Than They Sound

Posted: February 2, 2009 at 8:45 am

As you would imagine, personal income and spending are coming into negative territory.  Incomes are still holding up relatively well, assuming you didn't get laid off, and spending is continuing ...
Read Full Story »
Old_car

Barbie Loses Her Head (MAT)

Posted: February 2, 2009 at 8:34 am

Is the Barbie doll going the way of the Raphus cucullatus (Dodo Bird)? Mattel (MAT) posted awful sales for the last quarter. The toy company said revenue fell 11% to ...
Read Full Story »