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Daily Archives: March 3, 2009

Microsoft (MSFT) Gambles Users Will Tire Of Google (GOOG)

Posted: March 3, 2009 at 8:05 pm

By Douglas A. McIntyre of 24/7 Wall St. for DailyFinance.com Microsoft (MSFT) will begin to kick the tires on its new search engine. According to The Wall Street Journal, "Microsoft ...
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Obama Calls Long-Term Value In Stocks

Posted: March 3, 2009 at 4:55 pm

Many analysts, economists, traders, and the like have blamed some of President Obama's new plans and some of the proposed actions out of Congress as contributing to the recent sell-off.   ...
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The 52-Week Low Club (GE)(AIG)(MET)(ACAS)(GENZ)

Posted: March 3, 2009 at 3:59 pm

GE (GE) Growing concern that financial division will have heavy write-offs. Drops to $6.85 from a 52-week high of $38.52. MetLife (MET) One of many insurance companies being pulled down by ...
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Bank of America Takes S&P Downgrade (BAC)

Posted: March 3, 2009 at 3:31 pm

It seems that bond ratings agencies still have some merit, or at least investors still read what they write.  Standard & Poor's has lowered and reaffirmed some ratings for Bank ...
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Prius & Hybrids Suffer Cheap Gas & Economy (TM, HMC)

Posted: March 3, 2009 at 2:14 pm

Toyota Motor Corp. (NYSE: TM) reported a dismal sales for February.   But the beloved Toyota Prius hybrid that has captured the hearts and minds of the green class posted dismal ...
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Passing of the Baton at Qualcomm (QCOM, BRCM, NOK)

Posted: March 3, 2009 at 1:16 pm

There is a rather large retirement in the world of technology today.  It may be more of a formality than anything, but Paul Jacobs now chairman of  Qualcomm Incorporated (Nasdaq: ...
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Stocks on 52-Week Highs (APSG, AZO, EST, ORLY, SCOP, TIL)

Posted: March 3, 2009 at 1:00 pm

The stock market may be hitting lows not seen in more than a decade.  What is amazing is that there are actually several companies hitting 52-week highs today.  Companies featured ...
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Pending Home Sales Take Hammer Of Thor

Posted: March 3, 2009 at 11:08 am

It should be impossible for housing to get worse, but then it does. Pending home sales fell 7.7% in January, according to the National Association of Realtors. The index now ...
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Alcatel-Lucent: Penny Stock, Sort Of (ALU)

Posted: March 3, 2009 at 10:45 am

Alcatel-Lucent (NYSE: ALU) is a stock where we just saw a major price alert this morning, although not from our normal US channels.  The company's shares in Europe are now ...
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CONSOL Shutters Coal Mine (CNX)

Posted: March 3, 2009 at 10:38 am

We have been saying for some time that 2009 would be a tougher year for coal producers than 2008 was.  The struggling economy just doesn't need more energy. CONSOL Energy ...
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Disappearing Dividends At America’s Best-Known Companies II (GE, PNC, IP, TXT, JPM)

Posted: March 3, 2009 at 10:22 am

Back in mid-February we discussed the latest trend of big-name companies slashing their dividends and how the trend will likely grow. Well it is growing, and fast. In this horrible ...
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Helicopter Ben Becomes Calamity Ben

Posted: March 3, 2009 at 10:16 am

Federal Reserve Chairman Ben Bernanke is speaking to the Senate Budget Committee this morning. Bernanke appears support the White House plan to stimulate the economy.  He argued that aggressive actions ...
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Trina Solar, When Losses Are Still Bad (TSL)

Posted: March 3, 2009 at 10:01 am

Chinese PV solar maker Trina Solar Limited (NYSE: TSL) reported a net EPS loss this morning of -$0.03, compared with estimates of a loss of -$0.04. Revenue of $216.3 million ...
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ReneSola Almost Gets Solar Right (SOL)

Posted: March 3, 2009 at 9:53 am

ReneSola Ltd. (NYSE: SOL) just popped up after the Chinese solar player reiterated earnings guidance.  But it is not immune to the ways of the world, and the 2009 guidance ...
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Fire Sale in Solar Sector (GE)

Posted: March 3, 2009 at 9:31 am

Fotowatio, a Spanish firm owned by a consortium including General Electric Company (NYSE:GE), has purchased several solar farms from US firm MMA Renewable Ventures, a unit of Municipal Mortgage & ...
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