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Daily Archives: May 22, 2009

Top Analyst Upgrades & Downgrades (ATHN, ARUN, FAS, CVLT, DEO, NE, RDC, ZUMZ)

Posted: May 22, 2009 at 6:40 am

These are some of the top pre-market analyst calls from Wall Street we have seen early this Friday morning: Athenahealth (ATHN) Cut to Sell at UBS. Aruba Networks (ARUN) Raised ...
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Winter

Acer Is Next Threat To Hewlett-Packard (HPQ) And Dell (DELL)

Posted: May 22, 2009 at 5:17 am

Dell (DELL) and HP (HPQ) already face a PC market which has been weakened by falling consumer and business spending. They have been flanked at the high end of the ...
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bear

As Facebook Heads To 300 Million Users, News Corp’s (NWS) MySpace Faces Trouble

Posted: May 22, 2009 at 5:00 am

When Rupert Murdoch's News Corp (NWS) bought MySpace for $580 million, Wall St. viewed it as a brilliant move. Murdoch got one of the fastest-growing properties on the Internet and ...
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Sunset

British Airways Sees No Recovery On The Horizon, Higher Fuel Costs

Posted: May 22, 2009 at 4:37 am

British Airways posted a deficit for its most recent fiscal year. The company lost $595 million. Part of that was because fuel costs rose 45% to more than $4 billion. Fuel ...
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bear

US Government Front-Runs A GM (GM) Bankruptcy

Posted: May 22, 2009 at 4:19 am

Now that GM (GM) has a reasonable deal in place with the UAW, the federal government is preparing the car company for a Chapter 11 filing which may come ahead ...
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bank

AIG (AIG): Driving The Best People Out Of Public Service

Posted: May 22, 2009 at 3:53 am

Ed Liddy, the former head of Allstate who joined AIG (AIG) as chairman and chief executive officer in September quit today. He said he would stay on until the company ...
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bear

The US Government Makes A Commitment It Can’t Keep

Posted: May 22, 2009 at 3:43 am

Shortly after S&P put the sovereign debt of the United Kingdom on credit watch, downgrading its outlook from “stable” to “negative”, Treasury Secretary Geithner said the Administration was committed to ...
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newspaper

Media Digest 5/22/2003 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 22, 2009 at 2:58 am

Reuters:   Chrysler is already seeing positive effects from bankruptcy. Reuters:   The US is working with GM (GM) on a Chapter 11 filing as the June1 deadline looms. Reuters:   Pimco's Gross ...
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Sunset

Asia Markets And Europe Open 5/22/2009

Posted: May 22, 2009 at 2:22 am

Market in Asia were mostly lower. The Nikkei fell .4% to 9,226. The Hang Seng was down 1.4% to 16,967. The Shanghai Composite fell .5% to 2,598. At the open ...
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