Will Lehman (LEH) Fail Today?
Today may well be the day that Lehman (LEH) fails. No one should be surprised if the company goes into Chapter 11 today or if the government steps in to sell off pieces and…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 131Day Trader Alert: lululemon athletica (LULU)
Shares of Lululemon Athletica (NASDAQ: LULU) are being hit this morning on what seemed to be good earnings data on the surface. But when you dig down it seems that the growth is slowing…
Early Bird Pre-Market Analyst Upgrades (ALB, AUXL, BIIB, CBEY, HAIN, HWD, LVS, SYMC, TEVA, TWTC, WBSN, WFMI)
These are some of the early bird analyst upgrades and positive calls we are seeing this Thursday morning with more than two hours to the open: Auxilium Pharma (AUXL) Started as Outperform at Oppenheimer.…
Top Pre-Market Analyst Downgrades (AUDC, BDX, FUL, LEH, MEDX, NVDA, PDLI)
These are some of the early bird analyst downgrades and negative calls we are seeing this Thursday morning with more than two hours to the open: AudioCodes (AUDC) cut to neutral at Merrill Lynch.…
Saving Private Ryan: The Fed Puts All Hands On Deck For Banks
With Bear Stearns, Fannie Mae (FNM), and Freddie Mac (FNM) fundamentally gone as independent institutions, the Treasury and Fed have turned their attention to Lehman (LEH) and Washington Mutual (WM). Nothing to that effect…
The Death Of OPEC
Saudi Arabia walked out on OPEC yesterday. It said it would not honor the cartel’s production cut. It was tired of rants from Hugo Chavez of Venezuela and the well-dressed oil minister from Iran.…
Investors Walk Out On Emerging Market Markets
Global investors have become gun shy about owning bonds and equities in firms based in emerging markets. What was once considered a part of the world’s markets where a strong return was nearly a…
World’s Second Richest Man Buys Into New York Times (NYT)
The second richest man in the world has acquired a stake in The New York Times Co. (NYT), but there’s a good chance you’ve never heard of him. Carlos Slim, the Mexican telecom mogul…
Sharp Increase In Short Bets On Big Financial Firms
Short interest in a number of financial stocks moved up very sharply for the period ending August 29. Shares short in Washington Mutual (WM) rose 12% to 383 million. Short interest in Fannie Mae…
Media Digest 9/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low. Reuters reports that billionaire Carlos Slim has bought 6% of The New York Times (NYT). Reuters writes that Northrop Grumman (NOC) may…
Asia Markets 9/11/2008 (CHL)(LFC)
Asia markets fell sharply The Nikkei was off 2% to 12,103. Mitsubishi UFJ Financial fell sharply as did Canon. The Hang Seng fell 3.5% to 19,304. China Mobile (CHL) was off nearly 6%. China…
The 52-Week Low Club 9/10/2008 (WM)(LEH)(O)(SIRI)
Washington Mutual (WM) Latest victim of credit debacle. Falls to $2.30 from 52-week high of $39.25. Lehman (LEH) Restructuring plan has few friends. Down to $6.93 from 52-week high of $67.73. Owens-Illinois (OI) Closed…
R-I-M’s Flipping Design (RIMM)
Research-in-Motion (NASDAQ: RIMM) is trading up today on the hopes for the new expanded BlackBerry flip-phone which allows for slightly more screen space and typing space. The BlackBerry Pearl Flip 8220 smartphone will be…
The Grim Reaper Comes For Washington Mutual (WM)
Over the last year, shares in Washington Mutual (WM) are down more than Lehman (LEH). It is distinction that defiles the managements and boards of both companies. Washington Mutual’s days as an independent firm…
Oilfield Services Stocks Still Headed South? (FWLT, NOV, SLB, WFT, BHI)
Less than a month ago, we published a story on oilfield services companies and how their stocks had fallen along with the price of crude. Their stocks should be doing better considering the services…