Watch Google (GOOG) Go To $250
Google (GOOG) hit another 52-week low today bottoming at $348.23. So far this year, shares in the big search company are off 45%. By contrast, Time Warner (TWX) is down a little more than…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 101Interim Reports Mixed for Oil Companies (APC, MMR, CVX)
Energy companies are focusing on just a couple of things as they head into earnings season. First is debt and financing; second is production, especially for those companies who suffered from Hurricanes Gustav and…
Department Of Energy Predicts Large Increase In Oil Prices
It is hard to believe that crude prices would drop from $147 this summer to under $90. The Department of Energy believes prices will move back up. The agency now predicts that West Texas…
The Witch Burning At Yahoo! (YHOO) Turns Ugly
Yahoo! (YHOO) seems to have several options to revive its moribund business, but the market is not buying them based on the portal company’s share price. The stock trades just above $15, not far…
A Costless Bank-Rescue Proposal
By John Tamny RealClearMarkets Amid much fanfare, Treasury Secretary Paulson’s $700 billion plan to allegedly save the banking system passed last Friday. The Dow Jones Industrial Average was up 250 points before its presumed…
Corning Outlines Slower Growth Expectations (GLW)
Corning Inc. (NYSE: GLW) is addressing the slowing economies and supplies and how these will impact the company. Vice Chairman and CFO James Flaws is presenting some longer-term projection data at the Maxim Group…
More ETF’s Bite The Dust, Including Wal-Mart ETF (SAW, PUF, MYP, WSI, WMT)
Another ETF group with esoteric index funds is closing down and liquidating several ETF programs. FocusShares, LLC has announced that its board and its advisors plan to discontinue and liquidate several exchange-traded funds. The…
Fed’s Term Auction Facilities Lack Meat For Hungry Market
A procedural announcement from the Federal Reserve is being blamed for the stocks going from positive by about 9 points to being down by 2 points this morning. The market wanted something at least…
Royale Discovery Lights Up Interest (ROYL)
Royale Energy Inc. (NASDAQ: ROYL) has announced that it discovered natural gas in its Andrus Island East well in the Sacramento Basin of California which was drilled as part of its 2008-A drilling project. …
Fixing AMD (AMD) By Breaking it
Hector Ruiz, former CEO and current chairman of AMD (AMD), was undoubtedly the worst big company chief of the last decade. What he could not ruin with his modest intelligence he made up for…
Top Pre-Market Analyst Upgrades (FCX, INCY, JEF, LPX, TU, WBS)
Below are some of the top early bird analyst upgrades we have seen early this morning with more than two hours to the open: Freeport-McMoRan (FCX) Raised to Outperform at FBR. Incyte (INCY) Started…
Top Pre-Market Analyst Downgrades (AAV, AMLN, CEPH, TV, VE)
Below are some of the top early bird analyst downgrades we have seen early this morning with more than two hours to the open: Advantage Energy (AAV) Cut to Sector Perform at CIBC. Amylin…
Goldman Sachs Cuts Solar Stock Benchmarks (FSLR, SPWRA, CSIQ, LDK))
Two key solar stocks are being hit hard in early indications. First Solar, Inc. (NASDAQ: FSLR) and SunPower Corporation (NASDAQ: SPWRA) have both been downgraded to "Sell" from the prior "Buy" ratings over at…
Consumer Walked Out On Economy In September (MA)
Economists thought the consumer was heading toward the exits. Actually, based on new data, he left the building. According to Reuters, the Mastercard Advisors service reported that "Overall September apparel sales fell 5.5 percent…
Big Oil Can Dodge Anything
The latest theory about Big Oil is that it will be brought down by falling oil prices. Shares in companies such as Exxon (XOM) and BP (BP) will be battered beyond recognition. Until recently…