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Daily Archives: August 3, 2009

OMG

Warren Buffett’s Berkshire Hathaway (BRK-A) Hits $100,000

Posted: August 3, 2009 at 7:51 pm

The stock price of Berkshire Hathaway (BRK-A) hit $100,000 today, up from a 52-week low of $70,000, but still well off its period high of $147,000. Berkshire's chief Warren Buffett ...
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apple

Apple (AAPL) Using Confidentiality Agreements To Keep iPod Problems Secret

Posted: August 3, 2009 at 6:28 pm

There is no end to the lengths to which Apple will go to keep overheating problems with its iPod under wraps. The Times reports that"Apple attempted to silence a father ...
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gm

GM: Firing 7,500 More Taxpayers To Save Taxpayer Money

Posted: August 3, 2009 at 5:45 pm

GM's July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down so much that without the Pontiac and Saturn brands that ...
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How Much Cash Does Green Mountain Really Need? (GMCR)

Posted: August 3, 2009 at 4:10 pm

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) today filed an automatic shelf registration statement with the SEC.  It also filed to sell 4 million shares of common stock as a ...
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24/7 WallSt TV

24/7 Wall St. TV: The Ford Miracle Rolls On

Posted: August 3, 2009 at 2:41 pm

William Clay Ford, Jr., the company’s CEO since 2001, went outside the industry and he and Ford’s board brought in Boeing executive Alan Mulally to replace him in September 2006. ...
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gm

GM Losing Significant Ground To Ford (F)

Posted: August 3, 2009 at 2:24 pm

Ford's (F) July sales rose 2.3% to to 165,279. SUV sales were weak, off 36%, so cars and crossovers had to make up for that. GM's sales moved sharply in ...
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ewis

Bank Of America (BAC): A Very Small Fine For A Very Big Mistake

Posted: August 3, 2009 at 1:49 pm

Bank of America (BAC) got off with a $33 million fine "to settle charges that it made false and misleading statements" about bonuses paid to Merrill Lynch employees. The case ...
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CIT Amended Tender Terms (CIT)

Posted: August 3, 2009 at 12:25 pm

CIT Group Inc. (NYSE: CIT) has seen its shares halted for news pending.  That news is out.  The troubled financial lender to small businesses and middle market companies has announced ...
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Meet AIG’s New CEO… Maybe (AIG, MET)

Posted: August 3, 2009 at 11:58 am

Troubled insurance and financial giant American International Group Inc. (NYSE: AIG) may have found a new CEO to run the company.  Or dare we say... a new victim! Based upon ...
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Fed Independence Is an Unconstitutional Myth

Posted: August 3, 2009 at 11:33 am

by John Tamny of RealClearMarkets    In a recent opinion piece on the Federal Reserve for the Wall Street Journal, authors R. Glenn Hubbard, Hal Scott and John Thornton argued ...
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Huron… When The Consultants Need Consultants (HURN)

Posted: August 3, 2009 at 11:04 am

Huron Consulting Group Inc. (NASDAQ: HURN) was a stock we screened early this morning in pre-market hours for its active trading at VSInvestor.com.  We noted that this one was getting ...
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ISM.. 1,000 S&P… 2,000 NASDAQ

Posted: August 3, 2009 at 10:34 am

The Institute for Supply Management has shown that the manufacturing activity came in with a reduced rate of contraction for July.  The manufacturing index came in at 48.9.  This is ...
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apple

Google CEO Walks Out On Apple (AAPL), Or Is Pushed

Posted: August 3, 2009 at 9:10 am

Google (GOOG) CEO Eric Schmidt has left the Apple (AAPL) board. Apple says it was because of increasing conflicts between the two companies, a sign that the war among large ...
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Top Day Trader Alerts (SVNT, HURN, RPRX, EBAY, HUM, ONTY)

Posted: August 3, 2009 at 8:38 am

The following are among the top day trader and active trader alert stocks with major price and volume action.  We have links to more detailed analysis and price action at ...
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Top 10 Analyst Upgrades and Downgrades (AGN, BKC, BEN, GPS, GENZ, HURN, MMM, SSS, WEN, UTHR)

Posted: August 3, 2009 at 7:43 am

These are the top ten analyst upgrades and downgrades we have seen from Wall Street firms early this Monday morning: Allergan (AGN) Raised to Outperform at Baird. Burger King (BKC) ...
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