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Daily Archives: June 26, 2009

gm

Time For Detroit To Dump NASCAR

Posted: June 26, 2009 at 9:31 am

It is time for Detroit to pull its products and sponsorship dollars out of NASCAR. Toyota (TM) may be able to afford the marketing luxury, but Ford (F), Chevy, and Chrysler ...
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GE’s New Research Center, Maybe More Than Meets The Eye (GE)

Posted: June 26, 2009 at 9:22 am

General Electric Co. (NYSE: GE) has now confirmed that it will open an advanced manufacturing technology and software center in Michigan called The Advanced Manufacturing and Software Technology Center. We ...
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Can A New Marketing Head Revive NutriSystem? (NTRI)

Posted: June 26, 2009 at 8:49 am

NutriSystem, Inc. (NASDAQ: NTRI) is well known as the weight management and weight loss company that delivers specially designed food in bulk.   You have seen its  commercials on TV.  Now ...
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Personal Income and Spending Dwarfed by Personal Savings

Posted: June 26, 2009 at 7:38 am

The Commerce Department's Personal Income and Consumer Spending numbers have been released for May 2009 and the numbers were +1.4% on Personal Income and Consumer Spending was Up +0.3%.  The ...
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Potash Earnings Issues Now Credibility Issues (POT, MOS, AGU, CF, TRA, TNH, IPI, MOO)

Posted: June 26, 2009 at 6:48 am

Potash Corporation of Saskatchewan Inc. (NYSE: POT) did last night what most traders already feared was coming. The Canadian potash supply giant said that weak demand for its products and ...
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Top Analyst Upgrades and Downgrades (CETV, CQB, CME, CFX, JAZZ, OSG, PII, UBS, WBS)

Posted: June 26, 2009 at 6:21 am

These are the top early-bird analyst calls with upgrades and downgrades seen this Friday morning with over two hours until the market opens: Central European Media (CETV) Raised to Neutral ...
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bear

Deflation Becomes Real Danger In Japan

Posted: June 26, 2009 at 5:13 am

Japan's consumer price index fell 1.1% in May. According to the AP, that is a record drop. The Japan of 2009 is starting to look like the Japan of the ...
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gm

China Kills Buyout Of Hummer

Posted: June 26, 2009 at 4:56 am

GM wants to sell Hummer. It needs the money. Sichuan Tengzhong, a heavy equipment firm based in China, looked like a ready buyer. GM would like to find an acquirer ...
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apple

Chaos At The Apple (AAPL) App Store As Nudity Programs Disappear

Posted: June 26, 2009 at 4:34 am

Software applications which allowed owners of Apple (AAPL) iPhones to download pornography have started to disappear from the firm's huge App Store which now has more than 50,000 offerings. According ...
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china

China Shampoo Company Raises $214 Million In IPO, Retail Investor Orders Hit $9 Billion

Posted: June 26, 2009 at 4:18 am

A sign that the IPO market in Asia may be overheating is the case of BaWang International, which raised $214 million. The company makes shampoo, and the offering was oversubscribed by ...
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oil

Real Risk For Higher Oil Prices Is In Nigeria, Iran, Iraq, And Venezuela

Posted: June 26, 2009 at 3:54 am

Oil jumped above $70 a barrel as Nigerian rebels attacked a Royal Dutch Shell facility. It is one of a number of such incidents in a nation that is the ...
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Media Digest 6/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 26, 2009 at 3:01 am

Reuters: Bernanke denied putting pressure on Bank of America (BAC) over the deal to buy Merrill Lynch. Reuters:   GM said a bankruptcy delay would destroy suppliers. Reuters:   Nominees have started ...
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china

Asia Markets And Europe Open 6/26/2009

Posted: June 26, 2009 at 2:21 am

Markets in Asia were higher The Nikkei was up .6% to 9,77. The Hang Seng rose 1.3% to 18,512. The Shanghai Composite was up .21% to 2,928. At the open ...
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