Monthly Archives: September 2009

Jobless Claims Offer Little Hope For Friday’s Payrolls Data

Posted: September 3, 2009 at 8:36 am

Weekly Jobless Claims were just released by the US Labor Department and the numbers came in at 570,000 again on the preliminary claims figure. Last week was originally reported as ...
Read Full Story »

Top Analyst Upgrades (ACN, APC, AAPL, CUB, IRF, NANO, PER, RAX, ZUMZ)

Posted: September 3, 2009 at 8:04 am

These are this morning's top analyst upgrades and positive research calls seen from Wall Street analysts early this Thursday morning: Accenture (ACN) Started as Outperform at Baird. Anadarko Petroleum (APC) ...
Read Full Story »

Top Analyst Downgrades (DE, EHTH, HMY, HOV, REP)

Posted: September 3, 2009 at 7:59 am

These are this Thursday's top analyst downgrades seen from Wall Street research calls early this morning: Deere & Co. (DE) Cut to Underweight at JPMorgan. eHealth (EHTH) Cut to Hold ...
Read Full Story »

European Commision May Kill Sun (JAVA) Deal With Oracle (ORCL)

Posted: September 3, 2009 at 6:13 am

Oracle (ORCL) probably thought its deal to buy Sun Microsystems (JAVA) was a sure thing once US regulators had approved the deal. Now, the transaction is in real trouble and ...
Read Full Story »

Wasting News On The Evening News

Posted: September 3, 2009 at 5:42 am

Most of the news yesterday was dominated by the news that Charles Gibson would leave as anchor of the ABC Evening News and be replaced by Diane Sawyer. Since almost ...
Read Full Story »

YouTube Joins The Movie Rental Legions

Posted: September 3, 2009 at 5:27 am

Google's (GOOG) YouTube may finally come up with a way to raise revenue. It streamed nine billion videos last month, but, by some estimates loses $300 million a year. The ...
Read Full Story »

Why Madoff Was The Best Candidate To Run The SEC

Posted: September 3, 2009 at 4:56 am

Case No. OIG-509 from the SEC Office of the Inspector General, also known as “Investigation of Failure of the SEC To Uncover Bernard Madoff's Ponzi Scheme”, is good reading. The ...
Read Full Story »

Fear And Loathing In The Unemployment Line

Posted: September 3, 2009 at 4:50 am

The minutes of the FOMC on August 11th and 12th were released today. The Fed did everything it could just short of saying that the recession is officially over. One ...
Read Full Story »

Media Digest 9/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 3, 2009 at 4:02 am

Reuters: The sell-off in Chinese stocks may be overdone based on earnings. Reuters: A report blamed the SEC for not doing its job investigating Madoff. Reuters: The Fed says the ...
Read Full Story »

Asia Markets And Europe Open 9/3/2009: Shanghai Up 5%

Posted: September 3, 2009 at 3:25 am

Markets in Asia were mixed The Nikkei fell .5% to 10,214. Honda (HMC) and Toyota (TM) both dropped more than 2%. The Hang Seng rose 1.4% to 19,786. The Shanghai ...
Read Full Story »

M&A: America’s Top Companies Hold $335 Billion Cash (XOM, MSFT, JNJ, PG, BRK-A, IBM, T, AAPL, GOOG, CVX, CSCO, KO, INTC, ORCL, BAC, WFC, JPM, GE, PFE)

Posted: September 2, 2009 at 5:05 pm

Now that we are out of the woods in the crash scenario, assuming this week is no ill omen, investors may want to know which of the big companies would ...
Read Full Story »