Quantcast

Monthly Archives: February 2009

95129c8

RBS (RBS) Loses $34 Billion: Banks Still Have Capacity To Surprise

Posted: February 26, 2009 at 5:49 am

As the US government goes though the process of stress testing banks, it may want to be instructed by the lesson of RBS (RBS) which managed to loss $34 billion ...
Read Full Story »
cammonopoly_wideweb__430x325016

Requiem For The Rich

Posted: February 26, 2009 at 5:19 am

Most tax plans start with increasing the portion that the very wealthy pay as a percent of their income. That is not just true in America. It is a global ...
Read Full Story »
data2

Setting Up War Games For the Banking System

Posted: February 26, 2009 at 5:16 am

The latest way for the government to decide what it should do with troubled banks is to put them though what it calls a “stress test”.  The criteria that will ...
Read Full Story »
bear

Short Sellings Move Back Into Financials, Target Industrials, Tech, And Media

Posted: February 26, 2009 at 4:17 am

Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). ...
Read Full Story »
newspaper15

Media Digest 2/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 26, 2009 at 3:51 am

According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect. Reuters says Obama is pushing for quick Wall St. reform. ...
Read Full Story »

Asia Markets And Europe Open 2/25/2009

Posted: February 26, 2009 at 3:18 am

Markets in Asia were mixed. The Nikkei fell a fraction to 7,458. The Hang Seng was down 1.2% to 12,951 The Shanghai Composite dropped 2.9% to 2.21. At the open in Europe, ...
Read Full Story »
intel-logo1

Intel Getting Some Visibility: Good News, Bad News (INTC)

Posted: February 25, 2009 at 4:22 pm

Intel Corp. (NASDAQ: INTC) CEO Paul Otellini presented some optimistic data today at a Goldman Sachs conference.  The company did not give formal guidance, but to the surprise of many ...
Read Full Story »
sad_clown13

The 52-Week Low Club (FCXS)(DWA)(JBL)(LVS)

Posted: February 25, 2009 at 4:04 pm

Las Vegas Sands (LVS) Too few gamblers, too much debt. Analyst lowering estimates. Falls to $2.13 from $90.28. Jabil Circuit  (JBL) Planning more lay-offs. Drops to $4.38 from 52-week high ...
Read Full Story »
yahoo_logo1

Microsoft (MSFT) Leverage: Yahoo! (YHOO) Could Lose Money In Q1

Posted: February 25, 2009 at 2:31 pm

Microsoft (MSFT) CEO Steve Ballmer has yet again made a public comment about doing a search deal with Yahoo! (YHOO). Because Yahoo! still has a 20% market share in US search, ...
Read Full Story »
burning-money-pic22

Another PR Blow For E*TRADE (ETFC, ETSPX, ETRUX, ETTIX, ETINX)

Posted: February 25, 2009 at 1:55 pm

If you look on the surface, it looks like E*TRADE Financial (NASDAQ: ETFC) is still trying to shrink its operations where it can.  This week, E*TRADE said it plans to ...
Read Full Story »

From Japan, A Cautionary Message For China

Posted: February 25, 2009 at 1:04 pm

By Douglas McIntyre 24/7 Wall St. for DailyFinance.com The economies of China and Japan are different. Both are large exporters, but China does not have to import as much as ...
Read Full Story »
burning-money-pic21

The Pain Continues at Nortel (NT)(NRTLQ)

Posted: February 25, 2009 at 10:45 am

Things just got darker at Nortel Networks (OTC-NRTLQ) (Former "NT on NYSE).  The company today announced an additional  3,200 job cuts. (more...) ...
Read Full Story »
solar-panel-pic5

Solar’s Shade: Nero or Blackout? (FSLR, JASO, LDK, SPWRA, TAN, KOL, XLE, USO)

Posted: February 25, 2009 at 10:31 am

Notwithstanding a solid fourth quarter and an up year, First Solar, Inc. (NASDAQ:FSLR) is off more than 15% in early trading this morning. We noted its strong earnings report yesterday, ...
Read Full Story »
bernanke-image1

Odds Look Against Second Bernanke Rally

Posted: February 25, 2009 at 10:12 am

Ben Bernanke will again be front and center today.  He is testifying before the House Financial Services Committee, but as usual the prepared remarks look identical to yesterday's prepared remarks ...
Read Full Story »

Getting Relief from Low Gas Prices (GAS)

Posted: February 25, 2009 at 9:41 am

Nicor Inc. (NYSE:GAS) reported better-than-expected fourth quarter results as heating demand driven by colder weather boosted the results of the natural gas utility. Fourth quarter EPS was $1.05, compared with ...
Read Full Story »