Asia Markets 7/14/2008 (CHL)(SNP)
Markets in Asia were mostly lower The Nikkei fell .2% to 13,010. Kobe Steel rose 3.1% to 296. Nikon rose 3.4% to 3330. The Hang Seng fell .8% to 22,045. China Mobile (CHL) fell…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 193Fannie Mae (FNM) And Freddie Mac (FRE): The Bail-Out Begins
Concerns about the financial health of Freddie Mac (FRE) and Fannie Mae (FNM) and the huge repercussions which would occur in the banking and mortgage industry if either one fails has cause the government…
Apple (AAPL) Backdating Scandal Could Still Wreak Havoc
Apple (AAPL) may be one of the most successful companies in the world. Over the last five years, the value of the firm’s shares is up almost 1,600%. Most of that is due to…
US May Put $15 Billion Into Fannie Mae (FNM) And Freddie Mac (FRE)
In an attempt to save Fannie Mae (FNM) and Freddie Mac (FRE) from becoming insolvent, the US Treasury is reviewing a plan to put $15 billion in new capital into the companies. According to…
Microsoft (MSFT), Icahn Make Firm Offer: Yahoo! (YHOO) Rejects
Friday evening Microsoft (MSFT) and Carl Icahn made an offer to the Yahoo! (YHOO) board. Microsoft would buy Yahoo!’s search business. Icahn would take over the rest of the company. The portal company’s board…
Apple (AAPL) Reports 3G iPhones Aplenty, Which May Be Bad News
Apple (AAPL) is not sold out of the new 3G iPhones. Based on data from the company, consumers can find them in almost every Apple store. Reports are that Apple’s carrier partner AT&T (T)…
Short Bets Against Sirius (SIRI) And XM (XMSR) Take Off
Short sellers seems to think the either the merger between Sirius (SIRI) and XM Satellite (XMSR) will not go through or that it will be too late for the financially crippled companies. Short interest…
Starbucks (SBUX) Store Closings For July 2008
Here is the list of stores that Starbucks (SBUX) will close in July 2008. Starbucks plans to close a total of 600 stores and lay-off 12,000 full-time and part-time employees in an effort to…
The 52-Week Low Club (FNM)(FRE)(WB)(LEH)(AMD)(JAVA)
Fannie Mae (FNM) Full-blow panic that it will fail. Down to $6.68 from 52-week high of $70.57. Freddie Mac (FRE) Panic. Falls to $3.89 from 52-week high of $67.20. Lehman (LEH) Panic over potential…
Fed Offers Fannie Mae (FNM) And Freddie Mac (FRE) Help, Investors Don’t Care
The Fed offered to open it emergency discount window to Fannie Mae (FNM) and Freddie Mac (FRE) to offer them the money they may need to remain solvent. Investors were not convinced. Perhaps they…
Feds Owe Ford (F) Almost $500 Million
Things have been so bad at Ford (F) that there is nothing left to cause its stock to rally. High gas prices have be undermining sales of its profitable SUVs and pick-ups. It has…
Broken Apple (AAPL) iTunes Servers Kill iPhone Activation
Who thought that Apple’s (AAPL) iTunes operations would screw up the launch of the 3G iPhone? Nobody. That’s who. But, it turnsout that to activate the iPhone, part of the process must be done…
Stocks Crash, But Still Aren’t Cheap. So Steady As She Goes
From Clusterstock: The DOW dipped below 11,000 this morning for the first time in two years. Worse, the stock market has now been flat for the better part of a decade. Normally, long-term investors…
AMD (AMD): Darling Of The Dead Stock Pool Takes Another Write-Down
When AMD (AMD) bought graphics chip maker ATI, it thought it was getting a deal. Nothing of the sort happened. AMD ended up with over $5 billion in debt. Larger rival Intel (INTC) jumped…
Dodging The Dow Drop: Coke (KO), GE (GE), And Cat (CAT)
Twenty-seven of the Dow components are down. And, three are playing defense in an brutal market: Coca-Cola (KO), GE (GE), and Caterpillar (CAT). Each of these is up a modest amount. With the DJIA…