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Daily Archives: March 23, 2009

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Cramer Touts Dividend Growers (APD, NAT, MMM, GE)

Posted: March 23, 2009 at 6:08 pm

It looks like Jim Cramer is doing a new feature list of companies this week that may actually grow their dividends or that have boosted dividends.  On tonight's MAD MONEY ...
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Genetech Merger Holdouts Face Dimming Hope (DNA)

Posted: March 23, 2009 at 4:46 pm

The hope for a higher Genentech Inc. (NYSE: DNA) buyout price is getting smaller and smaller.  After the companies agreed to a $95.00 per share merger, this was already assumed ...
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Inergy Raising Cash (NRGY)

Posted: March 23, 2009 at 4:07 pm

Inergy, L.P. (NASDAQ: NRGY) has announced an underwritten public offering of 4,000,000 common units.  As a reminder, these are L.P. units rather than shares.  The partnership intends to use the ...
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Sears Clipped By Moody’s (SHLD)

Posted: March 23, 2009 at 3:21 pm

Moody's Investors Service has had a pretty active day for downgrades, with Sears Holdings Corporation (NASDAQ: SHLD) being the latest of the active companies to get a credit or debt ...
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Goldman Sachs (GS) May Take Chinese Money To Pay Back TARP Money

Posted: March 23, 2009 at 2:41 pm

Chinese capital usually makes it way to the US Treasury when the communist central government buys American debt. It is the most direct route, but clearly not the only one. ...
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Moody’s Joins S&P In G.E. Downgrade (GE)

Posted: March 23, 2009 at 1:02 pm

Moody's Investor Services has decided to join in on the downgrade of General Electric Co. (NYSE: GE).  This downgrade takes the unsecured debt ratings of GE itself and General Electric ...
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The ‘Safety Premium’ In Water Investing (AWK, WTR, AWR, CWT)

Posted: March 23, 2009 at 10:35 am

We have been investigating several of the "safe sectors" for investing to identify which ones may have seen the worst or which ones could continue to have issues regardless of ...
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Reader’s Indigestion

Posted: March 23, 2009 at 10:18 am

Reader’s Digest and friends are in serious pain. Will their prescription work? By Dave Jamieson and Jeff Horwitz, The Big Money Even in Pleasantville, the news gets bleaker by the ...
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Existing Housing Data Could Bring New Waves of Selling

Posted: March 23, 2009 at 9:16 am

It seems that there is at least a little more good news in the housing sector.  February showed a 5.1% gain year-over-year in sales of existing homes to a rate ...
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Magazine Advertising May Be En Route To Worst Year Ever (WPO)(TWX)(MGP)

Posted: March 23, 2009 at 9:07 am

The drop in magazine advertising pages is continuing as the first quarter ends, and it looks like Q2 will not be better. According to MIN, which tracks advertising pages for ...
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Green News: Carbon Credit Auction Nets $117 Million

Posted: March 23, 2009 at 9:01 am

The ten northeastern states that comprise the Regional Greenhouse Gas Initiative (RGGI) raised more than $117 million in its third auction of carbon emission allowances for the 2009-2012 time period. ...
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Fertilizer Makers Won’t Dance (CF, AGU, TRA)

Posted: March 23, 2009 at 8:45 am

For the second time in as many weeks, CF Industries Holdings, Inc. (NYSE:CF) has rejected an offer from Agrium Inc. (NYSE:AGU), saying that "Agrium’s offer is grossly inadequate, substantially undervalues ...
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Citi Upgrades Corning (GLW) to Buy; Finally Time to Get Positive

Posted: March 23, 2009 at 8:30 am

Citi upgrades Corning Incorporated (NYSE: GLW) from Hold to Buy and raises its price target from $11.25 to $16, saying LCD glass production/sales have bottomed & should move sequentially higher. ...
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Fitch Ratings Looks at Refiners (VLO, FTO, TSO)

Posted: March 23, 2009 at 8:26 am

Fitch Ratings published a short report on the effect of the compression in crude oil spreads on refiners. We looked at this phenomenon about a month ago. Fitch concludes that ...
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Treasury’s Toxic Asset Plan Still Leaves Many Questions

Posted: March 23, 2009 at 8:19 am

Timothy Geithner's plan from the Treasury to get rid of toxic assets from banks and financial institutions' balance sheets is out.  What is certain here in the plan is that ...
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