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Daily Archives: May 12, 2009

Top Analyst Downgrades (AXP, BKE, CIEN, ENER, IP, LINTA, RBS, STO, TSM, TIN, VSAT)

Posted: May 12, 2009 at 6:39 am

These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning: American Express (AXP) Started as Underperform at RBC. ...
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Top Anlayst Upgrades (CAH, CENT, CHS, GPS, HELE, PFG, STEC, TJX)

Posted: May 12, 2009 at 6:33 am

These are some of the top pre-market analyst comments and analyst upgrades from Wall Street early this Tuesday morning: Cardinal Health (CAH) Started as Buy at Jefferies. Central Garden (CENT) ...
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r218533_855025

Software Piracy Issues Remain Unresolved

Posted: May 12, 2009 at 5:20 am

It remains true that without global IP theft laws which apply equally in all countries the piracy of software and premium entertainment content will never end. The fact was brought ...
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Blue hills

The Argument Over China’s Prospects Intensifies

Posted: May 12, 2009 at 5:02 am

The Wall Street Journal has raised the issue of whether the Chinese consumer can replace the US consumer as the most important engine of the global economy. The answer is ...
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bank

As Bank Of America (BAC) Sells CCB Stake, Question Of Dismantling Become More Important

Posted: May 12, 2009 at 4:39 am

Bank of America (BAC) is selling part of its stake in China Construction Bank for $7.3 billion. That will help the US institution to raise capital it needs to fill the ...
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bear

Forgiving A Mistake In The Federal Budget

Posted: May 12, 2009 at 4:13 am

The Administration says that the budget deficit for the current fiscal year will be 5% higher than previously forecast which will puts the number above $1.8 trillion. The spread between ...
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Winter

Microsoft’s (MSFT) Debt Issue: The Ethics Of Giving Shareholders A Payout

Posted: May 12, 2009 at 4:02 am

Microsoft (MSFT) said it plans to make its first bond offering to raise an expected $3.75 billion. The move is extremely odd since the world’s largest software company has $25 ...
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bear

Short Sellers Move Into Banks, Out Of Tech (C)(BAC)(WFC)(DELL)(INTC)(CSCO)(MSFT)

Posted: May 12, 2009 at 3:18 am

Short sellers may have helped themselves by moving out of tech stocks just as shares in the sector began to make big advances. In the period ending. May 11, short interest in Microsoft ...
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newspaper

Media Digest 5/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 12, 2009 at 3:01 am

According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will ...
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Sunset

Asia Markets And Europe Open

Posted: May 12, 2009 at 2:31 am

Markets in Asia were mixed. The Nikkei fell 1.6% to 9,299. The Hang Seng rose .6% to 17,191. The Shanghai Composite rose 1.5% to 2,618. In Europe, the FTSE was ...
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