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Monthly Archives: April 2009

bear26

Asking For TARP Capital That Is Not There

Posted: April 18, 2009 at 6:49 am

The Administration is almost certainly going to have to go to Congress to ask for more capital for the TARP. It will have as its new point man Herb Allison, ...
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bank26

China’s Rhetoric On Economy Running Hot

Posted: April 18, 2009 at 6:12 am

The chief of China's economic cheer leaders, the loquacious Premier Wen Jiabao, said that the nation's economic stimulus elixir has begun to do its magic. He may be referring the ...
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Weekend of Cancer Data at AACR Ahead of ASCO (ALTH, AMGN, ARIA, ARRY, AZN, BIIB, CELG, CRIS, IMMU, IMGN, INFI, MEDX, MNTA, ONCY, PFE, PCYC, SUPG, TELK, THLD)

Posted: April 17, 2009 at 2:05 pm

This weekend will be a potentially important oncology and cancer news weekend for drug and biotech stocks.  The American Association for Cancer Research Meeting will actually have a 100th annual ...
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Idling Rig Count Resumes… More Foreign Oil (BHI, USO)

Posted: April 17, 2009 at 12:30 pm

Baker Hughes Inc. (NYSE: BHI) is out with its weekly rig count.  Last week we thought that we were getting close to equilibrium on the supply and demand equation because ...
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Foreign Brands Gone Missing For Investors (NYX, NDAQ, ADDDF, BAESY, AHBIF, LVMHF, NSRGY, NTDOY, RHHBY, LUKOY)

Posted: April 17, 2009 at 11:14 am

There has been an interesting trend in the globalization movement.  The U.S. has seen some major brands and major companies get acquired by foreign public companies, but suddenly U.S. investors ...
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What If Green Jobs Don’t Pay?

Posted: April 17, 2009 at 10:37 am

Salaries at solar and wind companies are lower than you think. By Brady Yauch of The Big Money The Obama administration is putting a lot of stock in the concept ...
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Russian Oil Pipeline to China Gets Closer & Closer

Posted: April 17, 2009 at 9:15 am

The so-called East Siberia-Pacific Ocean (ESPO) crude oil pipeline from Russian oilfields in western Siberia will be more than 3,000 miles long when it is completed. Part of the project ...
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S&P Downgrades Credit Ratings on DDS, JCP, M, Neiman Marcus, JWN

Posted: April 17, 2009 at 8:34 am

Standard & Poor's downgraded the ratings on Dillard's (NYSE: DDS), J.C. Penney (NYSE: JCP), Macy's (NYSE: M), Neiman Marcus (private) and Nordstrom (NYSE: JWN). Standard & Poor's credit analyst Diane ...
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Chesapeake Again Hacks Production (CHK)

Posted: April 17, 2009 at 8:02 am

Chesapeake Energy Corp. (NYSE: CHK), the largest natural gas producer in the US, is cutting its gas production again, bringing the total reduction to about 400 million cubic feet/day. That ...
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DryShips Capital Raise & Upgrade (DRYS)

Posted: April 17, 2009 at 7:49 am

DryShips Inc. (NASDAQ: DRYS) is surging this morning.  Last night the company announced that it has completed its $500 million equity offering to boost its balance sheet and to use ...
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Top 10 Analyst Upgrades & Downgrades (ABC, BWA, DRYS, FIS, ITW, JPM, MHP, NOK, SOHU, ZUMZ)

Posted: April 17, 2009 at 6:48 am

There are not so many brokerage calls this morning for it being earnings season, but these are the top 10 analyst calls of upgrades and downgrades from Wall Street we ...
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Citi Keeps Pulling Rabbits From The Hat (C, MS)

Posted: April 17, 2009 at 6:30 am

Citigroup, Inc. (NYSE: C) is so far a winner this morning after a "more than acceptable" earnings report.  The troubled bank and financial supermarket posted a net profit at $1.59 ...
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Obama needs a new car czar

Posted: April 17, 2009 at 5:53 am

Why did the Obama administration name investment banker Steven Rattner as the head of auto task force knowing that New York prosecutors were investigating whether he had a role in ...
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GE (GE) Confounds Its Critics

Posted: April 17, 2009 at 5:45 am

As usual, the GE (GE) quarterly report was a massive compilations of numbers on its various divisions and their performance compared to last year. The only number Wall St. cared ...
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A Minority Report Challenges US Economic Improvement

Posted: April 17, 2009 at 5:09 am

The President says he sees a faint light at the end of the tunnel. So does the Treasury Secretary and head of the Fed. They are joined by Lawrence Summers, ...
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