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Monthly Archives: August 2009

gm

GM Kills New Buick Before It Is Born

Posted: August 20, 2009 at 5:46 am

GM's aged product chief, Robert Lutz, says he can tell a successful car by looking at it. Marketing studies are useless. Car men can spot a good car a mile ...
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bear

One More Issue For Government To Address: Tainted Fish

Posted: August 20, 2009 at 5:29 am

The government has made a colossal effort since the 1960s to clean the air and America's lakes and rivers. Most citizens probably thought the the work was remarkably successful. Dead ...
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uncle sam

“Clunkers” Shows How The Entire Stimulus Package Goes Wrong

Posted: August 20, 2009 at 5:07 am

The "cash for clunkers" program was close to being a perfect part of the $787 billion stimulus package. It helped people who may not have been able to afford a ...
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newspaper

Media Digest 8/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 20, 2009 at 3:55 am

Reuters:   UBS (UBS) shares may fall when the Swiss government sells out. Reuters:   The US deficit estimate was trimmed to $1.59 trillion. Reuters:   A homeowner sued Wells Fargo (WFC) over ...
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china

Asia Markets And Europe Open 8/20/2009

Posted: August 20, 2009 at 3:22 am

Markets in Asia rose. The Nikkei was up 1.8% to 10,383. The Hang Seng was up 2.3% to 20,407. PetroChina (PTR) was up sharply. The Shanghai Composite rocketed up 4.5% ...
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PetSmart Gives Earnings Dogfight (PETM)

Posted: August 19, 2009 at 5:05 pm

PetSmart Inc. (NASDAQ: PETM) is getting shelled in after-hours trading after the large pet products retail giant posted disappointing earnings and guidance.  It turns out that spending on Fido ...
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NetApp CEO Replacement Trumps Earnings (NTAP)

Posted: August 19, 2009 at 4:17 pm

NetApp, Inc. (NASDAQ: NTAP) just gave its earnings for its first quarter of Fiscal-2010, and it is a mixed bag.  The storage and data management company said that non-GAAP earnings ...
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MySpace Gobbles iLike for Music (NWS, TKTM)

Posted: August 19, 2009 at 3:44 pm

News Corp. (NASDAQ: NWS), via the MySpace unit, has announced that it is acquiring a social music discovery service called iLike.  Financial terms were not disclosed, but iLike's co-founders and ...
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24/7 WallSt TV

24/7 Wall St. TV: Video Game Players Are Old And Fat

Posted: August 19, 2009 at 1:57 pm

In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease ...
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biotech

Mylan’s (MYL) Deeply Flawed Legal And PR Move

Posted: August 19, 2009 at 11:40 am

Robert Coury, the CEO of Mylan (MYL), his general counsel, and public affairs staff don't know how to quit when they are ahead. The company objected to a story in ...
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money-stack-image

Brookfield Goes Deeper Into Turnaround & DIP Funds (BAM, SLF, CM, BPO)

Posted: August 19, 2009 at 10:30 am

Brookfield Asset Management (NYSE: BAM) and the Export Development Canada have announced the establishment of a C$1 billion fund with the backing of the "EDC" to provide debtor-in-possession loans, or ...
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money-stack-image

More Official Warnings on Leveraged ETFs (FAS, FAZ, UYG, SKF, SDS, SSO)

Posted: August 19, 2009 at 9:49 am

The Financial Industry Regulatory Authority and the Securities and Exchange Commission decided to issue an Investor Alert yesterday called "Leveraged and Inverse ETFs: Specialized Products with Extra Risks for Buy-and-Hold ...
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Top Day Trader Alerts (BBT, AA, CENX, GENT, ENS, HPQ, CERS, AAPL)

Posted: August 19, 2009 at 9:05 am

These are this Wednesday’s top day trader and active stock alerts.  We have more detailed data on volume and price analysis with links through to VSInvestor.com on each stock: BB&T ...
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Top 10 Analyst Upgrades & Downgrades (ANF, AA, ANN, ASMI, KLIC, MDAS, MSFT, BPOP, TGT, DIS)

Posted: August 19, 2009 at 7:53 am

These are Wednesday's top ten analyst research summary upgrades, downgrades, and initiations from Wall Street brokerage firms: Abercrombie & Fitch (NYSE: ANF) Cut to Neutral at Susquehanna. Alcoa (NYSE:AA) Cut ...
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New CEO May Keep AIG Together… Or Not Dump Units on the Cheap (AIG, MET)

Posted: August 19, 2009 at 7:05 am

Robert Benmosche has already come under a bit of fire for his pay package as the new head of troubled insurance giant American International Group, Inc. (NYSE: AIG).  But critics ...
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