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Daily Archives: November 3, 2009

gm

GM Screws The Germans, Will Keep Opel

Posted: November 3, 2009 at 5:27 pm

The German government went to a great deal of trouble to finance a bid for Canadian parts firm Magna (NYSE:MGA) and a Russian financial group to buy GM's Opel and ...
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More E.U. Roadblocks in Sun-Oracle Deal (ORCL, JAVA)

Posted: November 3, 2009 at 4:44 pm

There are reports from the Financial Times that were also just noted on CNBC that are almost baffling.  It seems that the European Commission may issue a formal objection to ...
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Kraft’s (KFT) Latest Chess Move: Up Guidance Ahead Of Cadbury Bid

Posted: November 3, 2009 at 4:38 pm

Kraft (NYSE:KFT) improved is chances of making a viable bid for Cadbury before the UK government deadline of November 9. The US company beat expectations and raised guidance. Its shares ...
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True Religion: Raised Guidance A Warning (TRLG)

Posted: November 3, 2009 at 4:23 pm

The great growth mystery of True Religion Apparel Inc. (NASDAQ: TRLG) might be coming in too light.  After the close of trading, the high-end, or at least high-priced, jean and ...
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52-Week High Club

Posted: November 3, 2009 at 4:03 pm

Burlington Northern Santa Fe Corp (NYSE: BNI) surged close to 30% to a yearly high of $97.59 following news that Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) will be buying the ...
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apple

Another Win For Apple (AAPL): The Touchscreen

Posted: November 3, 2009 at 2:43 pm

It is getting harder and harder to find any flaws in Apple's (NASDAQ:AAPL) businesses. The company's shares trade at $190, very near their all-time high. Analysts expect record results from ...
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Wednesday Hangs on Key Tech/Media Earnings (CSCO, CMCSA, QCOM, TWX, VG)

Posted: November 3, 2009 at 2:23 pm

We have four key earnings for technology and media investors and traders due on Wednesday, and one key cult stock.  The two biggest for tech which can impact all components ...
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gm

GM Sales Rise, Fueling Hope Of Car Recovery

Posted: November 3, 2009 at 2:02 pm

GM's sales rose unexpectedly, by 4% in October to 177,603 cars and light trucks. Chevrolet retail sales were especially strong, up 31%. The No.1 US car company said fourth quarter ...
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As Buffett Dumps Moody’s (BRK-A, MCO)

Posted: November 3, 2009 at 12:58 pm

Warren Buffett is dumping Moody's Corp. (NYSE: MCO).  We'll never know until it is already done whether the Oracle of Omaha wants to jettison it entirely from the holdings of ...
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Analyst Sees Windows 7 Pricing Data & Penetration Rates (MSFT, DELL, HPQ, YHOO)

Posted: November 3, 2009 at 9:52 am

Auriga is a boutique research firm that many have not heard of, but this morning the firm has reiterated its BUY rating on Microsoft Corporation (NASDAQ: MSFT) and its $33.50 ...
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apple

Apple (AAPL) iPhone Sales In China Only 5,000 During First Weekend

Posted: November 3, 2009 at 9:25 am

China Unicom (NYSE:CHU) released its earnings yesterday and as part of its comments to investors it said it had only sold 5,000 iPhones since it started offering the handset. China Unicom posted ...
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Today’s Best Market Rumors (11/3/2009) (CHU)(AAPL)(LGF)

Posted: November 3, 2009 at 8:52 am

Updates throughout the day. Updated 10.33 AM EST: Royal Bank of Scotland may have to divest its majority interest in the RBS Sempra Commodities joint venture. (The Deal) Bank of ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (ARI, CSIQ, CSX, DDRX, HEV, INTC, NVDA, VCLK, VITC)

Posted: November 3, 2009 at 8:35 am

These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning: Apollo Commercial Real Estate (NYSE: ARI) Started as Overweight ...
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Best Buy (BBY) Launches Movie Download Service

Posted: November 3, 2009 at 8:15 am

Best Buy (NYSE:BBY) wants to join the legion of other firms with branded movie download services, although it is not clear why. A number of media sources say that the ...
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GMAC’s Lifeline Is the Economy’s Noose

Posted: November 3, 2009 at 8:11 am

By John Tamny The 18th century French writer Voltaire once observed that the State is "a device for taking money out of one set of pockets and putting it into ...
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