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Monthly Archives: October 2009

Jobless Line Pic

The Surprise in Weekly Jobless Claims

Posted: October 8, 2009 at 8:37 am

The Labor Department has released its figures for the weekly jobless claims came in at 521,000 versus a revised figure of 554,000 last week (originally reported as 551,000).  Bloomberg had ...
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24/7 WallSt TV

24/7 Wall St. TV: Not All’s Well At Alcoa (NYSE:AA)

Posted: October 8, 2009 at 8:30 am

Aluminum giant and Dow Jones Industrial Average component Alcoa Inc. (NYSE: AA) has just kicked off earnings season for the Q3-2009 period.  Shares were halted ahead of the earnings report.  ...
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Bull and Bear Image

Disappointing IPO Pricings (MG, OMER, BSBR, VRSK)

Posted: October 8, 2009 at 8:29 am

Initial public offerings are supposed to do well in up-markets.  This morning we have two IPOs and both seem weak compared to some of the strength we have seen elsewhere.  ...
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Top 10 Analyst Upgrades and Downgrades (ADBE, BRCM, EBAY, GS, LLL, MS, MWW, MOS, RAX, WFC)

Posted: October 8, 2009 at 7:53 am

These are this Thursday morning's top 10 Wall Street research calls we have seen in the land of upgrades, downgrades, and initiations: Adobe Systems (NASDAQ: ADBE) Raised to Outperform at ...
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Very Mixed Analyst Calls in Financial Stocks (GS, MS, BBT, CMA, FITB, PNC, PRSP, STI, WFC)

Posted: October 8, 2009 at 7:30 am

We are seeing a very mixed picture among the analyst calls this morning over banks and financial stocks.  We are seeing some very positive "BUY" calls and we are also ...
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bank

SEC Appeals Cuban Insider Trading Decision

Posted: October 8, 2009 at 6:03 am

The SEC''s reputation, already hurt by its action or lack thereof during the credit crisis, took another blow when a federal judge rejected its $33 million settlement with Bank of ...
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airplane

As Recovery Takes Root, Airlines Delays To Hit Record Levels

Posted: October 8, 2009 at 5:49 am

The events of 9/11 and the recession have cut sharply in to airline travel. That has been demonstrated by carriers cutting routes and laying off employees. There were a few ...
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nok

Too Many Smartphones

Posted: October 8, 2009 at 5:11 am

Dell (NASDAQ:DELL) announced that it will launch a smartphone with AT&T (NYSE:T) next year. The handset will be powered by the Google (NASDAQ:GOOG) Android operating system.  The news about Google’s ...
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TV

The Rise Of The Kindle And The Fall Of Literacy

Posted: October 8, 2009 at 5:01 am

Jeff Bezos, the founder of Amazon (NYSE:AMZN), is being praised as the man who has invented the next big and important electronic device. That category includes the Sony (NYSE:SNE) PS2, ...
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newspaper

Media Digest 10/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 8, 2009 at 3:59 am

Reuters:   GM says most of its cost cutting is done and its sales chief left. Reuters:   Spot gold hit a record above $1,050. Reuters:   The Senate healthcare bill weighs in ...
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china

Asia Markets And Europe Open 10/8/2009

Posted: October 8, 2009 at 3:23 am

Markets in Asia rose moderately with Shanghai closed for the holiday. The Nikkei rose .3% to 9,832. The Hang Seng was up 1.1% to 21,475. HSBC (NYSE:HBC) was up. At ...
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uncle sam

Ron Paul, With Nothing Better To Do, Asks To Delay Bernanke Confirmation

Posted: October 7, 2009 at 5:21 pm

Ron Paul found that he could not be elected President and in most of the United States could not make a solid run for dog catcher. He spends most of ...
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52-Week High Club

Posted: October 7, 2009 at 4:22 pm

Kohl's Corporation (NYSE: KSS) hit a yearly high of $58.03 after Morgan Stanley upgraded the department store operator from "equal weight" to "overweight". MV Oil Trust (NYSE: MVO) hit a ...
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Alcoa Image

ALCOA Brings In Surprise Profit (AA)

Posted: October 7, 2009 at 4:08 pm

Aluminum giant and Dow Jones Industrial Average component Alcoa Inc. (NYSE: AA) has just kicked off earnings season for the Q3-2009 period.  Shares were halted ahead of the earnings report.  ...
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Conoco Logo

ConocoPhillips Gets More Shareholder-Friendly (COP, XOM, CVX)

Posted: October 7, 2009 at 12:36 pm

ConocoPhillips (NYSE: COP) is trying to further adopt shareholder-friendly strategies with a higher payout and lower expenses.  With as much as this stock has lagged some peers until recently, that ...
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