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Monthly Archives: March 2009

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Why Buy A New Car When You Can Build One?

Posted: March 12, 2009 at 4:12 am

Shares of car parts supply retailer, AutoZone (AZO), are trading at a 52 week high at $158.00.  The company has a market cap of $8.7 billion.  GM’s market cap is ...
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The Internet Becomes Ma Bell’s Step Child

Posted: March 12, 2009 at 4:05 am

Cable operator Comcast (CMCSA) claims it is now the No.3 phone company in the country.  It follows two of the remaining parts of the old AT&T which was broken up ...
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Media Digest 3/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 12, 2009 at 3:00 am

According to Reuters, Roche agreed to buy Genentech (DNA) for $46.8 billion. Reuters reports that the world economy is shrinking as the G20 meeting approaches. Reuters reports that US foreclosure ...
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Asia Markets 3/12/2009

Posted: March 12, 2009 at 2:19 am

Markets in Asia were mostly lower. The Nikkei fell 2.4% to 7,198 The Hang Seng was off a fraction to 11,930. The Shanghai Composite dropped .2% to 2,134. ...
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Metals Weakness Persists (STLD)

Posted: March 11, 2009 at 5:22 pm

Steel Dynamics, Inc. (Nasdaq: STLD) gave updated guidance reading for its first quarter tonight.  It is hard to get excited about the metals sector and Steel Dynamics in particular. (more...) ...
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24/7 Wall St.–Channel Checkers Survey: Strength At Wal-Mart (WMT)

Posted: March 11, 2009 at 5:18 pm

Wal-Mart (WMT) has outperformed the rest of the retail market for several months, due primarily to strong margins based on its buying power and it sability to offer relatively high-quality ...
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eBay Pretends It Has Visibility To 2011 (EBAY)

Posted: March 11, 2009 at 4:45 pm

eBay Inc. (NASDAQ: EBAY) rose in after-hours trading after the online auction offered bulish guidance out to 2011 at its analysts' day.  There are many caveats. (more...) ...
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Lexington Realty Files To Raise Cash (LXP)

Posted: March 11, 2009 at 4:04 pm

It has been a rough ride for the former high-flying and now road kill REIT sector.  LEXINGTON REALTY TRUST (NYSE: LXP) has been far from immune from all of the ...
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T. Boone Pickens & Bullish Oil Call (T, CLNE)

Posted: March 11, 2009 at 3:43 pm

Maria Bartoromo just had a quick interview with oil baron T. Boone Pickens.  This was after the announcement that AT&T Inc. (NYSE: T) said it plans to spend up to ...
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Freddie Burns Another $23.9 Billion (FRE, FNE)

Posted: March 11, 2009 at 3:26 pm

If you are in the financial watch community and not feeling well, you might not want to read the financial statement from Freddie Mac (NYSE: FRE).  And it will rub ...
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bear5

The 52-Week Low Club (LDK)(ABT)(EXC)(FMCN)

Posted: March 11, 2009 at 2:56 pm

LDK Solar (LDK) Write-down and poor forecast. Drops to $4.01 from 52-week high of $52.40. Abbott Laboratories (ABT) No special news. Just drifting down. Falls to $44.51 from 52-week high ...
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Moody’s Takes Jab At Pfizer (PFE)

Posted: March 11, 2009 at 1:57 pm

Pfizer Inc. (NYSE: PFE) just got its long-term ratings downgraded by Moody's.  It is amazing that bond ratings agencies still get to operate in a business as usual manner, but ...
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Jamie Dimon Plays Offense (JPM)

Posted: March 11, 2009 at 1:07 pm

Jamie Dimon, Chairman & CEO of JPMorgan Chase & Co. (NYSE: JPM), gave a powerful speech to the US Chamber in Washington D.C. today.  Mr. Dimon spoke of many of ...
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Retail & Consumer Stocks That Should Double (ANF, M, SHLD, SONC, WFMI)

Posted: March 11, 2009 at 9:44 am

This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let's discuss the retail ...
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24/7 Wall St.–Channel Checkers Survey: Target (TGT) Unusually Strong

Posted: March 11, 2009 at 9:01 am

Over the last week, the 24/7 Wall St.--Channel Checkers Survey questioned 30 Target (TGT) stores about their sales trends. Based on the results, Target is doing better than most analysts ...
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