Quantcast

Monthly Archives: July 2009

newspaper

Media Digest 7/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 17, 2009 at 2:52 am

Reuters:   CIT (CIT) is rushing to get financing before its goes bankrupt. Reuters:   Bank earnings are boosting recovery hopes. Reuters:   IBM (IBM) hiked its full-year outlook. Reuters:   Google's (GOOG) quarterly ...
Read Full Story »
china

Asia Markets And Europe Open 7/17/2009

Posted: July 17, 2009 at 2:27 am

Markets in Asia were modestly higher. The Nikkei rose .6% to 9,355. Toyota (TM) moved up slightly. The Hang Send rose .7% to 18,681. HSBC (HBC) was up sharply. The ...
Read Full Story »
SIRIUS LOGO

SIRIUS XM Needs More Directors (SIRI)

Posted: July 16, 2009 at 3:39 pm

SIRIUS XM Radio (NASDAQ: SIRI) has announced the receipt of an official notification from NASDAQ that it is outside of NASDAQ compliance rules.  This is not over its low price, ...
Read Full Story »
magazin

IBM (IBM) Earnings: Walk-Off Home Run

Posted: July 16, 2009 at 3:19 pm

IBM's (IBM) quarterly figures for the second period of the year not only beat analysts' estimates; they beat whisper figures which were much higher. IBM reported EPS of $2.32 up ...
Read Full Story »
GOOG Image

Google Wins, But Not Enough Juice (GOOG)

Posted: July 16, 2009 at 3:11 pm

Google Inc. (NASDAQ: GOOG) is out with earnings.  The king of search has posted $5.36 non-GAAP EPS and $4.07 billion in ex-TAC revenues.  Thomson Reuters had estimates pegged at $5.09 ...
Read Full Story »
Burning Money Pic

Roubini, Dr. Doom, Starts To Surrender

Posted: July 16, 2009 at 2:20 pm

Nouriel Roubini, the notorious bear who called for all this mess we have seen, is finally throwing in the towel on being so bearish and looking more like a soft-bull. ...
Read Full Story »
uncle sam

CBO Pans Healthcare Plan

Posted: July 16, 2009 at 2:10 pm

Obama's health care received perhaps its harshest criticism to-date Thursday, after the nonpartisan Congressional Budget Office said it will "significantly" expand public spending in an already unbalanced budget. The ...
Read Full Story »
Solar Panel Pic

Solar Daily Winners (CSIQ, SOL, STP)

Posted: July 16, 2009 at 1:48 pm

We are seeing some positive reactions this afternoon in some of the solar stocks on an individual basis, despite energy prices not offering much of an added boost to the ...
Read Full Story »
uncle sam

The Government Gums Up The Mortgage Business

Posted: July 16, 2009 at 12:41 pm

The mortgage industry is pointing fingers at the Obama administration Thursday for falsely raising expectations of how the banks can help consumers avoid foreclosure. What they cannot or will ...
Read Full Story »

Homebuilders Look Less Depressed in Survey (XHB, ITB)Homebuilders Look Less Depressed in Survey (XHB, ITB)

Posted: July 16, 2009 at 12:24 pm

It looks like the NAHB survey of homebuilders are again feeling a bit "less-bad" than in recent surveys.  The survey for July shows a reading of 17, up from 15 ...
Read Full Story »
CIT Logo

Rethinking a CIT Gamble… Preferred & Senior Vs. Common (CIT, CIT-PA, CIT-PC, CIT-PZ)

Posted: July 16, 2009 at 11:17 am

CIT Group, Inc. (NYSE: CIT) is trading no different than a warrant or way out of the money call option at this point.  In short, any trading other than a ...
Read Full Story »
balllmer

Yahoo! (YHOO) Deal With Microsoft (MSFT) “Imminent”

Posted: July 16, 2009 at 11:13 am

Sources at a major client of investment house ThinkEquity say that the firm considers a Microsoft (MSFT) link-up with Yahoo! (YHOO) in the search business to be "imminent". The comments ...
Read Full Story »
Burning Money Pic

Commercial Real Estate Woes Back in Focus (JPM, BXP, LRY, OFC, SPG, PLD, DLR, AMB, CBG)

Posted: July 16, 2009 at 10:02 am

This morning's earnings call from J.P. Morgan Chase & Co. (NYSE: JPM) echoes some of our concern of what is coming in the next wave of real estate problems which ...
Read Full Story »

Goldman Sachs Drops Motorola (MOT)

Posted: July 16, 2009 at 8:14 am

If you can imagine it, Motorola (NYSE: MOT) has actually performed well off its lows.  But it has also performed well enough that Goldman Sachs is downgrading the troubled handset ...
Read Full Story »
jobless-line-pic2

Jobless Claims Drifting To More Acceptable Levels

Posted: July 16, 2009 at 7:37 am

The weekly jobless claims data is out and we have a second week of coming below that 600,000 mark.  The new figure is down 47,000 to a level of 522,000.  ...
Read Full Story »