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Monthly Archives: May 2009

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Bernanke Outlines Future of Regulation, Sort Of

Posted: May 7, 2009 at 9:23 am

Fed Chairman Ben Bernanke has been speaking via satellite this morning since 9:30 AM EST before the Federal Reserve Bank of Chicago Conference on Bank Structure and Competition in Chicago.  ...
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Exxon Deal Pending on Sakhalin-1 Gas? (XOM)

Posted: May 7, 2009 at 8:19 am

Japan's Nikkei newspaper has reported that Exxon Mobil Corporation (NYSE:XOM) has reach an agreement to sell about 1.5 billion cubic meters/year of natural gas from the Sakhalin-1 project to Russia's ...
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A Refiner Wins Again (HOC, ATN, KEG, ATLS)

Posted: May 7, 2009 at 8:14 am

Holly Corporation (NYSE:HOC) this morning reported EPS of $0.44 on first quarter 2009 revenue of $650.8 million. Analysts had expected EPS of $0.30 on revenuesof $590.48 million. For the same ...
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Wal-Mart Wins, But Drops Monthly Reporting Entirely (WMT)

Posted: May 7, 2009 at 7:53 am

Wal-Mart Stores Inc. (NYSE: WMT) is up big this morning on a whopper of a same-store-sales figure for the month of April.  The world's largest retailer also noted that its ...
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SIRIUS XM Manages Gains & Raises Guidance (SIRI)

Posted: May 7, 2009 at 6:53 am

SIRIUS XM Radio (Nasdaq: SIRI) posted a pro forma revenue gain of 5% from last year of $605.5 and posted $108.8 million in pro forma adjusted income from operations (up ...
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GM’s (GM) Losses Go Global And Market Share Collapses

Posted: May 7, 2009 at 6:35 am

GM (GM) lost money in the last quarter, a total of $6 billion. That it only lost that much is a testament to its successful cost control work. The company's ...
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Top Analyst Downgrades (AMSC, T, MU, MS, RWT, SYMC, UBSI, VZ)

Posted: May 7, 2009 at 6:24 am

These are some of the top pre-market analyst downgrades and cautious research calls from Wall Street this Thursday morning: American Superconductor (AMSC) Cut to Hold at Deutsche Bank. AT&T (T) ...
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Top Analyst Upgrades (BAC, CTRP, ENOC, FITB, RTP, THQI, USM)

Posted: May 7, 2009 at 6:16 am

These are some of the top pre-market analyst upgrades or positive research calls from Wall Street this Thursday morning: Bank of America (BAC) Raised to Outperform at Baird; Raised to ...
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Domestic & Global Rigs Counts Still Contracting, But Slower (BHI)

Posted: May 7, 2009 at 5:43 am

Baker Hughes Incorporated (NYSE: BHI) has announced its monthly rig counts for the month of April on the domestic and on a global basis.  The good news is that the ...
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Defensive Stocks Refuse To Participate In Rally (PEP, KO, TAP, KFT, CAG, CPB, HRL, MCD, MO, PG, CL, MRK, JNJ)

Posted: May 7, 2009 at 5:31 am

Investors flock to defensive stocks in times of trouble and and when they worry, assuming they look to stay in the market when they are worried.  But if the trend ...
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Trouble For Verizon (VZ) And AT&T (T): The Home Phone Is Disappearing Faster

Posted: May 7, 2009 at 5:30 am

Verizon (VZ) and AT&T (T) are in a race to see whether the growth in their cellular and broadband businesses can accelerate faster than their residential landline businesses are shrinking. ...
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Food Brands Lose Ground As The Consumer Seeks Value

Posted: May 7, 2009 at 5:15 am

If consumer spending on inexpensive items is supposed to be a foreshadowing of an improving economy, better days are still a long way off. Unilever, one of the largest consumer ...
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Nintendo: Is The Wii Losing Steam

Posted: May 7, 2009 at 5:03 am

Nintendo had near-record profits  for it most recently reported period, but they were not up to expectations because of  what analysts view as faltering sales of its flagship Wii game console. For ...
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What If The “Stress Test” Results Are Completely Wrong

Posted: May 7, 2009 at 4:47 am

The bank "stress tests" and their results have put the infallibility of the government on the line. If its judgment about the solvency of the large American banks is accurate, ...
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bear12

The Preposterous Flu Epidemic

Posted: May 7, 2009 at 4:13 am

The “swine flu” was supposed to bring global commerce to a halt, drive global GDP down by 5%, and cost the economies across the world as much as $3 trillion ...
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