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Daily Archives: March 6, 2009

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Cramer Picks DJIA 5,320 As Absolute DJIA Bottom (GM, AA, AXP, BA, PG, KO, T, VZ, DD)s

On CNBC's Stop Trading segment today, Jim Cramer said that he ran the worst case scenario on all of the DJIA components, and the worst level he can come up ...
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Sirius XM Holders Get To Live Longer (SIRI, LINTA, LINTB, LCAPA, LCAPB, LMDIA)

Sirius XM Radio Inc. (NASDAQ: SIRI) and Liberty Media Corporation (NASDAQ: LINTA, LINTB, LCAPA, LCAPB, LMDIA) have announced the closing of the second and final phase of the John Malone ...
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Roche Capitulates (DNA)

Roche has apparently capitulated in its fight to take over Genentech Inc. (NYSE: DNA).  Its cancer franchise and its pipeline, along with a shareholder proxy fight, finally made Roche tip ...
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Plummeting Rig Count, Floor in Oil & Gas Prices? (BHI, USO, OIH)

Just about every economist says that the employment rates, ergo the unemployment rate, is a lagging indicator.  The same is arguably true for the total number of rigs in oil ...
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GM (GM): The Next Great American Company That Will Trade Under $1

GM's (GM) stock is racing toward $1 where it can join Citigroup (C) and a number of other famous American companies which could not hold that price point. Today GM trades at ...
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After FTC Settlement What of Wild Oats & Whole Foods Is Left? (WFMI)

Whole Foods Market, Inc. (NASDAQ: WFMI) has reached a settlement agreement with the Federal Trade Commission's about its acquisition of Wild Oats.   Under the terms of the settlement, Whole Foods ...
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We’ve Fallen Farther, Faster Than 1929 Crash

The New York Times points out that the S&P 500 is down 56% since it peaked on Oct. 9, 2007, 513 calendar days ago. In the identical number of days ...
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From Green to IPO to Chapter 11

In January, a biofuelscompany named Changing World Technologies was thought to be preparing for an IPO. The company, based in New York, owned a biomass fuel plant in Carthage, Missouri, ...
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When Refineries Lose Money (WNR)

Western Refining Inc. (NYSE:WNR) reported a quarterly EPS loss of -$0.19, just half as much as its -$0.38 EPS loss in the fourth quarter of 2007. Excluding a one-time inventory ...
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Pickens & Pelosi: Clean Energy Does Better Than Expected (CLNE)

Clean Energy Fuels Corp. (NASDAQ:CLNE) reported a quarterly EPS loss of -$0.09, excluding certain items, beating analysts' estimates of a loss of -$0.37. Revenue was essentially flat with the fourth ...
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Try paying bills with this!

Double Digit Unemployment Looks More & More Likely

You're Fired!  That is what the Labor Department is dealing with on a growing basis.  The January unemployment rate of 7.6% just got replaced by a number of 8.1% ...
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The Stock Market Was Right About Wells Fargo (WFC): It Cuts Dividend

Wells Fargo (WFC) is supposed to be one of the healthier big banks. The market has not treated that way, driving its shares relentlessly lower--down 40% over the last five ...
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Fewer And Fewer Make Timely Mortgage Payments

It makes sense. Unemployment for February could hit 8%. It could move closer to 9% by the end of April. That does not include people who have been out of ...
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Top Analyst Upgrades (ARLP, MDRX, FDO, GFI, LOW, MSSR, MDR, TASR)

These are the top upgrades and positive calls we have seen from analysts on Wall Street this Friday morning: Alliance Resource (ARLP) Raised to Buy at Citigroup. Allscripts-Misys Healthcare (MDRX) ...
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New Federal Program: Tax The Rich, Then Ask Them To Invest In Government Programs

It is a devilishly clever plan. The federal government proposes to raise taxes on hedge funds and private equity firms. Once that it accomplished, the Administration wants these same firms ...
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