Ford (F) In China: Hope At The End Of The Tunnel?
Sales of vehicles sold in China by Ford (F) and its partners rose 21% in the first half to 172,411, according to Reuters. That sounds good, and, to some extent, it is. Ford sold…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 199Fannie Mae (FNM) And Freddie Mac (FRE): Who Makes The Rules?
Rules are made to be broken, or, at least altered when necessary. Shares in Freddie Mac (FRE) and Fannie Mae (FNM) hit multi-year lows yesterday, falling, at one point, almost 20%. The drop was…
With China Inflation Above 7%, Rising Costs Move To US
Inflation in China during the month of June was "only" 7.1%. That was slightly better than the two months before, but, according to Reuters, "consumer prices were 7.9 percent higher than a year earlier…
Media Digest 7/8/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Microsoft (MSFT) is willing to start buy-out talks with Yahoo! (YHOO) if the portal company will replace its board. Reuters writes that the CEO of JP Morgan (JPM) said the SEC…
Asia Markets 7/8/2008 (SNE)(LFC)(CHU)
Most markets in Asia fell sharply. The Nikkei was off 2.5% to 13,033. Sharp was down 4.4% to 1,683. Sony (SNE) was down 4.1% to 4420. The Hang Seng was down 3% to 21,255.…
Goodrich Petroleum Taps Capital Markets (GDP)
Goodrich Petroleum Corporation (NYSE: GDP) has announced that it has commenced an underwritten public secondary offering of 3 million shares of its common stock. J.P. Morgan Securities Inc. is acting as sole book-running…
The 52-Week Low Club (MNI)(BAC)(C)(MER)(GHS)(MI)(FRE)(FNM)
Fannie Mae (FNM) hit by rumors that it and Freddie Mac may have to raise $75 billion. Drops to $14.65 from 52-week high of $70.57. Freddie Mac (FRE) sells down to $10.28 from 52-week…
Earnings Kick Off With Alcoa (AA)
Alcoa, Inc. (NYSE: AA) is set to lead off Q2-2008 earnings season. After looking around at many last minute sources, we’d caution against you falling for tying the overall bias of earnings season to…
Dune Energy: Shrinking to Grow (DNE)
Dune Energy, Inc. (Amex: DNE) is selling off its Barnett Shale assets located in Denton and Wise Counties, Texas, for $41.5 million. The effective date of the sale will be May 1, 2008, with…
BusinessWeek: Close The Magazine, Go Digital
BusinessWeek, which has been losing advertising pages at the rate of 15% or 20% for well over a year had a total of 24 ad pages it its most current issue. It is the…
Ballmer To Icahn: Give Me A New Yahoo! (YHOO) Board, The Perfect Trojan Horse
Steve Ballmer, CEO of Microsoft (MSFT), thinks the current board at Yahoo! (YHOO) are buffoons and wants them out before he negotiates to buy all or part of the company. That is according to…
Top 10 Pre-Market Analyst Calls (APKT, ARMH, BRCM, CPN, DIS, JNPR, KND, MRK, ONT, SU)
These are ten of the analyst calls with upgrades and downgrades we are focusing on this Monday morning in pre-market trading: Acme Packet (NASDAQ: APKT) cut to Underweight at JPMorgan; cut to Neutral at…
InBev And BUD: Pushing Out Another Board
Perhaps this will be the year when replacing corporate boards hits a record level. Carl Icahn wants to do it at Yahoo! (YHOO). Several large investors have been taking a run at AIG (AIG).…
Oil At $200 And A Two-Year Recession
The predictions of $200 oil have made it to the front page of The Wall Street Journal. They have been hanging around in less prominent places, but now they gain some further legitimacy. According…
Toyota’s (TM) Poor Call: No Prius In The Garage
The Toyota (TM) Prius, the most successful hybrid car in the world, is about to become even more fuel-efficient. According to Reuters, the company "plans to install solar panels on some Prius hybrids in…