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Monthly Archives: November 2009

Citi & UBS Under S&P Eagle Eye (MFG, UBS, C, HBC, GS)

Posted: November 23, 2009 at 8:21 am

Many, or most, major banks do not have enough capital to comfortably maintain their current ratings.  Standard & Poor's has a report out saying that the banks are underfunded despite ...
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US Car Companies Push Up Incentives

Posted: November 23, 2009 at 8:18 am

By Douglas A. McIntyre A new 2010 Chrysler with $4,000 cash back? Large incentive programs for new cars are usually set up to help dealers dump inventory they cannot sell ...
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Doing ‘God’s Work’ – A Defense of Wall Street

Posted: November 23, 2009 at 8:14 am

by John Tamny of Forbes Every period of so-called economic excess invariably ends with the media and politicians discrediting the symbols of the alleged greed that characterized the era. Michael ...
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Top 10 Anlayst Upgrades, Downgrades, Initiations (AXP, COF, DE, DHI, JEF, NITE, NDAQ, SLB, SBUX, WLP)

Posted: November 23, 2009 at 7:32 am

These are this Monday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Express (NYSE: AXP) Started as Overweight at Morgan Stanley. Capital One (NYSE: COF) ...
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Amazon (AMZN) Launches Huge “Black Friday” Salvo

Posted: November 23, 2009 at 6:19 am

Amazon (NASDAQ:AMZN) will not wait until the day after Thanksgiving to begin its holiday sales. It wants to take whatever early shopping business it can get from Wal-Mart (NYSE:WMT), Target ...
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Treasury: Geithner Out, Jamie Dimon In?

Posted: November 23, 2009 at 6:08 am

The speculation over the fate of Treasury Secretary Tim Geithner and Fed chief Ben Bernanke has grown as Congress has become more troubled by rising federal deficits and unemployment. The $787 ...
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US Government Facing $700 Billion In Annual Interest Payments

Posted: November 23, 2009 at 5:55 am

The federal budget calls for the United States to make $700 billion in interest payments on the national debt in 2019, about $500 billion more that the government will make ...
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Opposition To Google (GOOG) News Likely To Badly Hurt Media Companies

Posted: November 23, 2009 at 5:36 am

News Corp (NYSE:NWS) has made a great deal of the fact that Google (NASDAQ:GOOG) News gets a major benefit by running headlines from News Corp properties including The Wall Street ...
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Price For Cadbury Bound To Get Too Expensive

Posted: November 23, 2009 at 5:09 am

M&A transactions with several bidders chasing one company often get so expensive that the winner in the auction become the later loser financially. Kraft (NYSE:KFT) has offered $16.5 billion for ...
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Media Digest 11/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 23, 2009 at 3:59 am

Reuters:   The dollar may keep rising as investors close out bets on oil and the currency. Reuters:   Black Friday deals may not signal a retail comeback. Reuters:   Kraft (NYSE:KFT) is ...
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Asia Markets And Europe Open (11/23/2009)

Posted: November 23, 2009 at 3:21 am

Market in Asia were up with Japan closed for a holiday The Hang Seng rose 1.4% to 22,773. The Shanghai Composite was up .9% to 3,339. At the open in ...
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The Ten Most Expensive Crashes In Nascar History

Posted: November 22, 2009 at 6:21 pm

24/7 Wall St. looked at a very large number of Nascar crashes to assess which were the most expensive. The crashes reviewed occurred  between 2002 and the present. A Fox Sports ...
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24/7 Wall St. Interview With Dan Hesse, CEO Sprint Nextel (S)

Posted: November 22, 2009 at 4:13 pm

24/7 Wall St. sat down with Dan Hesse, CEO of Sprint Nextel (NYSE:S) to talk about the company's current subscriber growth issues, the firm's WiMax roll-out, and the future of ...
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Who Will Buy Colgate (CL) Procter & Gamble (PG)?

Posted: November 22, 2009 at 3:20 pm

Colgate Palmolive (NYSE:CL) is the next likely consumer products company that will get a takeover offer. There have been rumors recently that Reckitt Benckiser, based in the UK, might be the acquirer, but ...
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Should TARP Recipients Fund Foreign Business Takeovers Of US Firms?

Posted: November 22, 2009 at 2:55 pm

The Royal Bank of Scotland (NYSE:RBS) has had Cadbury as a corporate client for decades. The financial firm agreed to help fund Kraft's (NYSE:KFT) potential buyout of Cadbury. RBS's ownership is ...
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