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Monthly Archives: May 2009

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Asia Markets And Europe Open 5/8/2009

Posted: May 8, 2009 at 5:25 am

Markets in Asia were modestly higher. The Nikkei rose .5% to 9,433. The Hang Seng was up .7% to 17,345. The Shanghai Composite rose 1.1% to 2,626. At the open ...
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The View From China: World Economy Will Get Worse

Posted: May 8, 2009 at 5:10 am

Chinese leaders reckon that their economy is getting better, but the world's is getting worse and will do so for some time. Their optimism about their own country is based ...
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Troubling Signs That Oil Prices Could Hamper Recovery

Posted: May 8, 2009 at 4:54 am

For the last several months, oil prices have been a bright spot in the economic picture. Most analysts believe that the recession would have been even worse than it is ...
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Toyota (TM) Is Mortal

Posted: May 8, 2009 at 4:33 am

Toyota (TM), the most successful car company of the last two decades, suffered several of the indignities that other car firms have faced for the last two years. The No.1 ...
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uncle sam

The Hidden TARP Fund

Posted: May 8, 2009 at 4:20 am

Most company budgets and some prepared by governments have a place to park unidentified expenses. Those amounts are a hedge against unexpected needs for capital, and are often called “rainy ...
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Being Rich Loses Its Luster

Posted: May 8, 2009 at 4:02 am

Being rich during a recession can almost be as bad as being poor. The only difference is that the rich have more to lose. RealtyTrak, a research firm that follows ...
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Media Digest 5/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 8, 2009 at 3:01 am

According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ...
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Cramer’s #4 Speculative Tech Pick: ON Semiconductor (ONNN, TKLC, BRCD, CDNS)

Posted: May 7, 2009 at 6:04 pm

Jim Cramer came out with his fourth speculative technology stock pick on CNBC's MAD MONEY tonight.  His #4 pick for the basket is ON Semiconductor Corp. (NASDAQ: ONNN).  He said ...
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Stress Test Results, Bank by Bank (AXP, BBT, BAC, COF, C, FITB, GS, JPM, KEY, MET, MS, PNC, RF, STT, STI, USB, WFC)

Posted: May 7, 2009 at 4:59 pm

Finally, the stress tests are out for the US banking and financial institutions.  Of the banks, 10 of 19 banks need a combined $74 billion of equity.The good news is ...
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Consumer Credit Dries Up At Record Pace

Posted: May 7, 2009 at 2:17 pm

If you think that credit to consumers (and by consumers) was being cut, you will see was an understatement.  Consumer credit for the month of March was just released and ...
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E-Commerce’s Little Miracle

Posted: May 7, 2009 at 1:11 pm

While nearly every brick-and-mortar retailer in the country was fighting record drops in same-store sales, e-commerce held its own in the first quarter. Some categories actually showed sharp increases in ...
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April Unemployment Could Beat Expectations

Posted: May 7, 2009 at 11:02 am

There has been a steady trend in economic data, and that trend is a steady wave of "less-bad" data.  We are even starting to see hints of that in the ...
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GE (GE): Bringing Down The Costs Of Medical Equipment

Posted: May 7, 2009 at 11:00 am

GE (GE) announced a push to increase R&D in its medical division, bring down prices for many of the technologies it creates, and provide financing to the doctors and hospitals ...
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Kindle DX: Sleeper Agent for Amazon’s Future

Posted: May 7, 2009 at 10:22 am

The device itself isn’t very different than the old Kindle. But it explains where Amazon sees itself expanding. By Chadwick Matlin of The Big Money At first, they hyped it ...
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Despite No Growth, Has Vonage Finally Made It? (VG)

Posted: May 7, 2009 at 9:52 am

Vonage Holdings Corporation (NYSE: VG) is seeing a surge in shares this morning after the VoIP telephony company announced a quarterly profit.  Yep, a profit.  This was a $5 million ...
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