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Monthly Archives: November 2009

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Asia Markets (11/6/2009)

Posted: November 6, 2009 at 3:25 am

Markets in Asia rose. The Nikkei was up .7% to 9,790. Mitsubishi UFJ (NYSE:MTU) was down. Honda (NYSE:HMC) and Sony (NYSE:SNE) both gained. The Hang Seng rose 1.6% to 21,830. ...
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bear

Fannie Mae (FNM), In Trouble Again, Begs For $15 Billion

Posted: November 5, 2009 at 5:21 pm

Fannie Mae (NYSE:FNM) recorded a net loss of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss attributable ...
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Starbucks (SBUX) Caffinated

Posted: November 5, 2009 at 4:55 pm

Starbucks (NASDAQ:SBUX) posted good earnings .  Revenue for the quarter ending September 28, 2009 was $2.4 billion compared to $2.5 billion in the same quarter. For the period, EPS was $.20 compared to ...
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52-Week High Club

Posted: November 5, 2009 at 4:22 pm

CareFusion Corp. (NYSE: CFN)  rose over 6% to a yearly hight of $24.34  after reporting first quarter earnings of 39 cents per share, beating analyst estimates.  The company also increased ...
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24/7 WallSt TV

24/7 Wall St. TV: Homeowners Faced With Foreclosure Can Rent Their Own Homes

Posted: November 5, 2009 at 1:14 pm

The government's many programs to keep the number of mortgage defaults from growing has grown by one. The new Dead for Lease program will allow some homeowners who face foreclosure to ...
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Another “Stock to Double” Gets Acquired (ITWO, JDAS)

Posted: November 5, 2009 at 1:04 pm

i2 Technologies Inc. (NASDAQ: ITWO) is a supply chain management company which has been a takeout stock before.  Turns out that is again.  In a complicated transaction, JDA Software Group ...
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Will US Taxpayers Fund GM Europe Bailout?

Posted: November 5, 2009 at 12:56 pm

GM has decided to keep its European operations, Opel and Vauxhall. Now, it has to figure out how to pay for them. Opel owes the German government over $1.3 billion ...
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SIRIUS XM Heading Mostly in Right Direction (SIRI)

Posted: November 5, 2009 at 9:20 am

Trusting analyst estimates on penny stocks and cult stocks is a tricky business.  But SIRIUS XM Radio Inc.(NASDAQ: SIRI) is trading up on heavy volume after its earnings this morning.  ...
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Today’s Best Market Rumors (11/5/2009) (JAVA)(ORCL)(BAC)(DELL)

Posted: November 5, 2009 at 9:17 am

Updated throughout the day. The New York Yankee victory in the World Series could help stock prices  (various) Oracle (NASDAQ:ORCL) could drop its deal to buy Sun (NASDAQ:JAVA) in the ...
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Labor Data: Milking More Blood From Stones

Posted: November 5, 2009 at 8:39 am

We have just seen the weekly jobless claims data, and it gets scary when you consider the readings seen from workforce productivity and unit labor costs.  It seems as though ...
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Top Analyst Upgrades, Downgrades, Initiations (BRK-A, CMCSA, MDT, TAP, NVAX, LNUX, THQI, YMI)

Posted: November 5, 2009 at 8:23 am

These are this mornings top analyst upgrades, downgrades, and initiations seen early this Thursday from Wall Street research calls: Berkshire Hathaway Inc. (BRK-A) was put on CreditWach (negative) on Wednesday ...
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bear

Mozilo Can’t Dodge Fraud Charges

Posted: November 5, 2009 at 6:06 am

Angelo Mozilo, the former CEO of Countrywide Financial which was bought by Bank of America (NYSE:BAC), tried to get out of facing government fraud charges, US District Judge John Walter told ...
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ford

Toyota (TM) Joins Ford (F) By Turning A Proft

Posted: November 5, 2009 at 5:40 am

Almost no one expected any of the world's largest car companies to make money this year. Sales around the globe are simply down too much and efforts to cut costs ...
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Geithner

Wall St. Bonuses Will Rise 40%

Posted: November 5, 2009 at 5:27 am

There has been plenty of evidence that firms like Goldman Sachs (NYSE:GS) have had such huge profits that their bonus payouts may be at all-time highs. The federal government has ...
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bear

Four Of Top Ten Private Equity Deals In Default, Or Worse

Posted: November 5, 2009 at 5:09 am

The private equity business has been unkind to the firms that have done the largest LBO deals of the last year. That only makes sense. Leverage has been beaten down ...
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