Asia Markets And Europe Open 12/15/2008
Markets in Asia rose. The Nikkei was up 5.2% to 8,665. The Hang Seng rose 1.9% to 15,038. The Shanghai Composite was up .5% to 1,964. In Europe, the FTSE was up .9% to…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 19Detroit May Have Missed Airline Industry Lesson
The airline industry rule about Chapter 11 is to file whenever necessary and file early while there is still cash on the balance sheet. GM (GM) and Chrysler may be learning the hard way…
Is Consumer Spending Stabalizing? More Grand News For Wal-Mart (WMT) Apple (AAPL) And Amazon (AMZN), Bad News For Sears (SHLD)
One piece of data does not a trend make. The University of Michigan Consumer Sentiment Poll shows a little uptick last week. But, coming in the holidays, people’s spirits many be brightening. Come the…
The Car Industry Wildfire Spreads To Toyota (TM)
Toyota (TM) has been poised to become the preeminent global car company for sometime. Its worldwide production passed GM’s (GM) in the first half of the year. It is well ahead of US rivals…
The 52-Week Low Club (XL)(PJI)(UNP)(PLCM)
Xl Cap (XL) Credit Suisse cuts price target. Shares drop to $2.65 from 52-week high of $54. PerkinElmer (PKI) Concerns about declining tech spending. Falls to $13.10 from 52-week high of $29.95. Union Pacific…
Boyd Gaming Files To Raise Cash (BYD)
Boyd Gaming Corporation (NYSE: BYD) has filed with the SEC to raise up to $750 million in cash via securities sales. The company can sell any combination of common stock, preferred Stock, Debt Securities,…
Ominous Solar News: Job Cuts (SOLR)
It was not that long ago when traders and investors were making a fortune investing in the new endless growth instrument: blazing hot solar stocks. If you have followed this sector, you have seen…
The Inevitable Recapitalization of Charter (CHTR)
If you have been following the land of low-priced stocks that are active in trading volume for long, you will find many groups of traders who have been betting on the success or death…
GM Idling Plants In Cost Cuts (GM)
General Motors (NYSE: GM) is finally taking a step in the obvious direction. The company is now apparently cutting about 250,000 units of production in the first quarter. This will be accomplished via temporary…
Gold Stock Challenging 52-Week & All-Time Highs (RGLD, NEM, ABX, GG, GDX)
We didn’t include Royal Gold, Inc. (NASDAQ:RGLD) in yesterday’s look at mining stocks where we outlined scenarios which would make 2009 a great year or a lousy year for the sector’s key players. But…
Goldman Sachs Softens On Oil, Metals, and Commodities
Goldman Sachs is adding more sticks and branches on the blazing pyre for commodities bulls. The firm has cut many commodity price targets for 2009. While this is affecting the psyche of traders today,…
Earnings Warnings Hardly Affecting Many Stocks (LSCC, UTX, STLD, FUL, WAT)
Earnings warnings are generally bad omens that rarely have a one quarter impact. But with many of these stocks already pricing in really bad scenarios. So when companies come in and say that revenues…
Treasury Gets Behind Car Company Bailout
According to MarketWatch, "Treasury says ‘stands ready’ to help auto makers." "Treasury said auto aid would last until Congress acts." GM’s (GM) shares, which were down as much over 15% are rallying on the…
Deutsche Bank Slashes Automakers and Suppliers To Sell Following Bailout Failure (F, AXL, LEA, TRW, MGA)
Following the failure of the auto bailout in the Senate, Deutsche Bank is downgrading a number of auto makers and auto supply makers to Sell, calling it an "End of an Era." Downgraded to…
A Change Of Heart At The White House About Car Bailout
Now that the Senate has blown any chances of saving the auto industry before its first session next year and facing claims by GM (GM) and Chrysler that they are out of money, Bush…