Top Pre-Market Analyst Downgrades (DHR, LEH, QSII, SONC, SPWR)
There are surprisingly few analyst calls today, but these are some of the top calls we have seen as downgrades with more than two hours to the market open: Danaher (DHR) Cut to Hold…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 130Emerging Markets Help Ford (F) And GM (GM) Get Their Loans
The premise for Detroit going to Washington for $50 billion in loan guarantees is that the auto industry needs cheap money to retool factories that can build more fuel-efficient cars. US buyers don’t want…
Auctioning Off WaMu (WM)
No one in his right mind wants to buy Washington Mutual (WM), but it does have some juicy pieces which would make nice additions at several other large financial firms. That leaves open the…
China’s Own Little Recession: The New Normal
The Western concept of recession is flawed. Two quarters of negative GDP growth and there it is. That notion is based on economies that have a normal state of growth of about 3%. Anything…
Media Digest 9/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, debt of Washington Mutual (WM) was cut to junk on a forecast of a $4.5 billion loss reserve. Reuters says that concerns about Lehman (LEH) spread to Merrill Lynch (MER). Reuters…
Asia Markets 9/12/2008 (PTR)
Markets in Asia were modestly higher. The Nikkei rose .9% to 12,215. ANA rose 1.9% to 377. The Hang Seng rose .3% to 19,439. BOC Hong Kong dropped on a Goldman downgrade. PetroChina (PTR)…
The 52 Week Club 9/11/2008 (LEH)(MER)(WM)
Lehman (LEH) Dead or alive. Off to $3.79 from 52-week high of $67.73. Washington Mutual (WM) Will the bank make it? Plunges to $1.75 from 52-week high of $39.25. Merrill Lynch (MER) dragged down…
Increased Short Selling in Data-Comm Equipment Stocks (CIEN, CSCO, LVLT, JDSU, JNPR)
With the trends seen lately in communications equipment and data providers because of telecom spending dropping, it is no huge surprise that the short selling has been increasing in some of the stocks in…
Short Seller Changes in Alternative Energy (CSIQ, CPST, CLNE, ESLR, FSLR, FTEK, FCEL, HOKU, LDK, SPWR)
Many traders and short sellers have loved targeting solar power and other alternative energy stocks. What is interesting is that the bets against these companies did not show a larger increase since many of…
Major Short Selling Changes in Semiconductors (AMD, ALTR, AMAT, BRCM, INTC, MRVL, NVDA, ONNN, QCOM, RFMD, SNDK, TXN)
There was a very mixed bag in short selling in the semiconductor sector. What was interesting was the huge increase in the bets against NVIDIA because it was so far after the drop. Most…
Internet’s Mixed Bag of Short Selling (AMZN, EBAY, GOOG, UNTD, VCLK, YHOO)
Unfortunately there is no real clear trend in the Internet sector stocks in the short selling from mid-August to late August as you will see below. Internet …
Punching Bag Stock Big Bang (BBND) Finds A Fan
The market’s disdain for Big Band Networks (BBND) is long-standing and deep. The company went public nearly two years ago. Since then the maker of technology to improve the flow of data over the…
Bristol-Myers Re-Offers No New Offer for ImClone (IMCL, BMY)
Bristol-Myers Squibb (NYSE: BMY) has sent a letter to Imclone Systems (NASDAQ: IMCL) in response to yesterday’s rejection of its buyout offer. It said it is disappointed that the $60.00 bid was passed up…
Lehman (LEH), WaMu (WM), And Merrill Lynch (MER): What Next?
In the next day or two, the financial markets could hit their tipping point. It is certainly not beyond the realm of the possible that Lehman (LEH) and Washington Mutual (WM) could fail. Merrill…
CSX Rides The Reading Railroad (CSX, UNP, BNI)
CSX Corp. (NYSE: CSX) is trading higher after the railroad operator increased its 2008 and long-term financial guidance. It sees Fiscal-2008 earnings of $3.65 to $3.75 per share, which is above its prior $3.40…