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Daily Archives: August 7, 2009

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Berkshire Hathaway Helped By Derivatives Gains Of $1.53 Billion

Posted: August 7, 2009 at 5:43 pm

Buffett Spit-Shines Berkshire Earnings (BRK-A, BRK-B, COP, GS) Berkshire Hathaway Inc. (BRK-A, BRK-B) has just released earnings for its second quarter.  Warren Buffett and friends reported earnings of some $3.3 ...
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Credit to Americans Still Declining (V, MA)

Posted: August 7, 2009 at 3:17 pm

Unemployment may be improving or getting less bad, but the same is not true for credit and borrowing by consumers if the June trends continue.   The consumer credit report for ...
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24/7 WallSt TV

24/7 Wall St. TV: Fannie Mae Begs For $10.7 Billion More

Posted: August 7, 2009 at 1:59 pm

For those who want to know how much worse that housing market is getting they need look no further that the quarterly results of Fannie Mae (FNM). The mortgage operation ...
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Brokerage Giant Restricts Leveraged and Inverse ETF Products (FAS, FAZ, UYG, SKF, SDS, SSO)

Posted: August 7, 2009 at 1:32 pm

The movement against, or at least a move to better quantify, leveraged ETFs is still going.  In fact, it is becoming more clear.  While this is not against any single ...
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Time To Revisit Cellular Merger in Pre-Paid & No-Contract (LEAP, PCS, VM, S, T, AMX, DT)

Posted: August 7, 2009 at 11:44 am

Leap Wireless International Inc. (NASDAQ: LEAP) made our volume spike alert this morning based on last night's dismal earnings results.  But after a deeper look, there is an old reminder ...
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Top Day Trader Alerts (AIG, CROX, SQNM, LEAP, PMI, NVDA)

Posted: August 7, 2009 at 9:16 am

These are this morning's top day trader and active stock alerts.  We have more detailed price and volume analysis links on each stock from VSInvestor.com: American International Group (NYSE: AIG) ...
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Rig Counts Not Just Bottoming… They Grew (BHI, OIH)

Posted: August 7, 2009 at 8:56 am

Baker Hughes Incorporated (NYSE:BHI) shows weekly data on its rig counts it sees, but this morning it has announced its rig counts for the full month of July. Higher energy ...
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Reading Jobs Data With Disbelief

Posted: August 7, 2009 at 8:45 am

The unemployment rates and jobs data almost does not add up on the surface. Some of this may boil down to seasonality issues, but many traders are scratching their heads ...
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Top 10 Analyst Upgrades & Downgrades (CROX, FTE, MMC, PCS, WTR, LEAP, NVO, RRGB, TI, TRI)

Posted: August 7, 2009 at 8:00 am

Everyone is on hold for jobs data, but there are still pre-market research calls.  These are the top ten analyst calls we saw for upgrades and downgrades this Friday morning: ...
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AIG (AIG): Wall St.’s Miracle Child, Posts A Profit

Posted: August 7, 2009 at 7:38 am

AIG (AIG) was never supposed to post a profit again. It was too badly down on its luck, even after taking in $180 billion in taxpayer money. It frustrated CEO ...
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Google (GOOG): The World Most Valuable Brand At $100 Billion

Posted: August 7, 2009 at 6:14 am

New data from Millward Brown, the brand evaluation firm, shows that Google (GOOG) is the world's most valuable brand with a valuation of just over $100 billion. That is well ...
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More Evidence That GM Should Relocate To China

Posted: August 7, 2009 at 5:55 am

GM says it will sell 1.4 million cars in China this year. It sold about 180,000 in the US in July. The critical difference between its costs in the two ...
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Geithner

Citigroup (C) May Give Up On Phibro

Posted: August 7, 2009 at 5:36 am

Pressure from the government may be forcing Citigroup's (C) hand. Its Phibro energy group has generated $2 billion in profit over the last five years, but it has cost the ...
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Bank Of America’s Secret Deal To Buy Merrill Lynch

Posted: August 7, 2009 at 4:36 am

Bank of America (BAC) announced that it would buy Merrill Lynch for $50 billion on September 15 of last year. It was one of the largest M&A transactions in the ...
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Media Digest 8/7/2009 Reuters, WSJ, NY Times, FT, Bloomberg

Posted: August 7, 2009 at 4:05 am

Reuters:   A college education no longer means easy employment in China. Reuters:   Fannie Mae (FNM) lost $14.8 billion. Reuters:   The auto "clunkers" legislation passed the Senate. Reuters:   Obama is in ...
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