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Daily Archives: April 7, 2009

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Juniper Guidance, Oddly Moving Cisco (JNPR, CSCO)

Posted: April 7, 2009 at 3:55 pm

Juniper Networks, Inc. (NASDAQ: JNPR) has issued preliminary guidance for the quarter ended March 31, 2009. The networking company said that the revenue range is going to be between $760 ...
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Alcoa Could Have Been Worse (AA)

Posted: April 7, 2009 at 3:27 pm

Alcoa (NYSE: AA) has come out with earnings and losses which are as dismal as a vacation in hell without any water and without any flame retardant.  But the good ...
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Consumer Credit Keeps Dropping (V, MA)

Posted: April 7, 2009 at 2:18 pm

There is a reading of the economy which we used to see only go up and up, and that is the monthly consumer credit.  In the month of February, consumers ...
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ADM, Another Greenwashing Event (ADM)

Posted: April 7, 2009 at 1:51 pm

Archer Daniels Midland Company (NYSE: ADM) has seen its stock pounded by double-digit percentages today.  While economic woes are acting against it, ADM and Canadian Bioenergy Corporation announced that the ...
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China’s Strange Assault on the Dollar

Posted: April 7, 2009 at 11:32 am

Is a supersovereign currency really anti-U.S. or really smart? By Gabriel Beltrone of The Big Money While the International Monetary Fund struggles to work through its identity crisis, China has ...
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Alcoa, Not A Real Earnings Season Proxy (AA)

Posted: April 7, 2009 at 11:30 am

Alcoa Inc. (NYSE: AA) is leading off the deluge of earnings report for the Q1-2009 earnings season today.  Historically, many traders have thought that Alcoa could be used as a ...
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Bailout Dilemma: Ratings Agencies Win, Despite Fault (MCO, MHP, BRK-A)

Posted: April 7, 2009 at 10:35 am

If you have read us for a long period of time, you know exactly how we feel about the ratings agencies.  We attribute much of the blame of the current ...
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2009 Hurricane Season Outlook: Now ‘Just Average’

Posted: April 7, 2009 at 10:09 am

The Colorado State University forecast team has predicted that the 2009 hurricane season will be an "average" Atlantic basin hurricane season year rather than a light year or heavy year.  ...
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Top CEO Poll: Fire People As Fast As Possible

Posted: April 7, 2009 at 9:55 am

The Business Roundtable is a small group of CEOs, but an elite one. Its members are chief executive officers of leading U.S. companies with more than $5 trillion in annual ...
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Lukoil, Profits & Losses (COP, LUKOY)

Posted: April 7, 2009 at 9:31 am

The largest non-government owned oil company in Russia, OAO Lukoil, has reported a net loss of $1.6 billion for the fourth quarter of 2008, according to the company's financial statements ...
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Rio Tinto Cuts Australian Jobs (RTP)

Posted: April 7, 2009 at 9:23 am

Citing low demand for aluminum, Rio Tinto plc (NYSE:RTP) has cut more than 700 jobs at its Australian mines. The company also plans to slow the expansion project at one ...
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More Solar Power Comes to Colorado (XEL, SPWRA)

Posted: April 7, 2009 at 9:16 am

Xcel Energy Inc. (NYSE:XEL) plans to build a 17-megawatt photovoltaic solar power plant in Colorado using cells from SunPower Corporation (NASDAQ:SPWR-A). The plant is expected to be completed by the ...
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Citi Upgrades American Express (AXP) to Hold; Bear Case Losing Steam

Posted: April 7, 2009 at 8:27 am

Citi upgrades American Express (NYSE: AXP) from Sell to Hold. Price target increased from $9 to $16. Citi analyst says, "Given the stock performance over the past four months (shares ...
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The Good Of a Dollar Alternative

Posted: April 7, 2009 at 7:29 am

By John Tamny of RealClearMarkets When it's asked why foreigners frequently look askance at Americans, the answer usually boils down to our supposedly obnoxious nature; one that at times reveals ...
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Top Analyst Downgrades (ANSS, CBT, ED, CFR, DUK, LLY, EL, GGP, HW, ISRG, OMTR, RBS)

Posted: April 7, 2009 at 6:59 am

These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning: Ansys (ANSS) Cut to Neutral from Overweight at ...
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