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Daily Archives: June 16, 2009

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Fewer Green Shoots at Best Buy (BBY)

Posted: June 16, 2009 at 7:18 am

Best Buy Co. Inc. (NYSE: BBY) reported earnings which look solid when you compare them to  estimates.  The electronics retail giant posted $0.36 net EPS and $0.42 non-GAAP EPS and ...
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Top Analyst Calls (BT, CSCO, EMC, HAS, ITW, MAT, NTAP, OMC, TEN, VECO)

Posted: June 16, 2009 at 6:25 am

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street with more than two hours until the market opens: BT Group ...
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CAL

California: $3 Gas And No Recovery

Posted: June 16, 2009 at 5:23 am

Whatever bad news California may have faced in the past, it is getting worse. The new UCLA Anderson Forecast predicts that the state will not have any economic recovery until ...
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ford

New York City Drivers Become Vicious

Posted: June 16, 2009 at 5:06 am

New York City is choked with more than eight million people, many of  whom have to drive to work on highways meant to accommodate traffic levels of the 1930s. The ...
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gm

GM Dumps Saab In The Garbage Bin

Posted: June 16, 2009 at 4:53 am

GM is still in remarkably deep trouble. It is still facing the prospects that the domestic car market will only produce sales of 10 million units this year, and that ...
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bear

The Temp Worker Economy

Posted: June 16, 2009 at 4:39 am

Toyota (TM) and Nissan, two of the most successful car companies in the world, are hiring temporary workers in Europe to staff some of their auto plants. It is safe ...
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Geithner

Running Low On Money At The Federal Reserve

Posted: June 16, 2009 at 4:15 am

The theory about how the government can hold down interest rates is simple and naive. The Treasury will raise hundreds of billions of dollars in global markets where access to ...
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nok

The Samsung Mobile Wild Card (RIMM)(AAPL)(PALM)(MOT)(NOK)

Posted: June 16, 2009 at 3:56 am

Companies in the handset business envy RIM (RIMM) and Apple (AAPL) and covet their market share in the smartphone business. Analysts assume that the Blackberry and iPhone will slug it out, ...
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newspaper

Media Digest 6/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 16, 2009 at 3:01 am

Reuters:   The US outlined new financial market reforms. Reuters:   Obama lobbied MDs on his new healthcare package. Reuters:   Russia hosted the first BRIC summit. Reuters:   B of A's (BAC) BlackRock ...
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china

Asia Markets And Europe Open 6/16/2009

Posted: June 16, 2009 at 2:23 am

Most markets in Asia were sharply lower. The Nikkei fell 2.9% to 9,753. The Hang Seng was off 2.3% to 18,092. The Shanghai Composite was down .5% to 2,776. At ...
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