Raising Rates At The Fed, Bernanke’s Limo
"We have nothing to fear but fear itself."–FDR The Fed can now fear inflation or it can fear a worsening credit crisis. The conventional wisdom is that it can only fix one. As things…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 215Microsoft (MSFT) Does Not Plan To Buy Anything
Now that Microsoft (MSFT) has lost its bid to buy Yahoo! (YHOO), all of the acquisition managing directors on Wall St. are hoping to get a chance to help Redmond use that $45 billion…
Reorganizing Yahoo! (YHOO) To Death
Most of the financial papers have stories about a big management reorganization at Yahoo!. A number of the top people are already hitting the doors like patrons fleeing a burning theater. According to The…
Who Will Kerkorian Sell Ford (F) To?
Ford (F) management believes that Kirk Kerkorian and his mob of friends are hanging around the car company because they think CEO Alan Mulally is doing a fine job. Ford may want to have…
Short Sellers Make Huge Bets US Financials Will Tumble As Citigroup (C) Sees More Write-Downs (LEH)(AIG)(WB)(WM)(ABK)(JPM)(GM)(F)(GE)(WMT)(MOT)(DAL)(EMC)(Q)
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson & Co,says bank losses will hit $1.3 trillion. Write-downs at Lehman (LEH) and AIG (AIG)…
Media Digest 6/20/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the fuel price increase in China may bolster consumption. Reuters writes that the Fed’s policy on inflation is starting to hurt the housing market. Reuters writes that the Bank of America…
Asia Markets 6/20/2008 (CN)(CHU)
Markets in Asia were mixed. The nikkei fell 1.3% to 13,942. Hitachi fell 2.3% to 776. KDDI fell 3.5% to 654000. The Hang Seng rose .1% to 22,812. China Netcom (CN) fell 2.7% to…
The 52-Week Low Club (SIRI)(XMSR)(TMA)(HUN)(CVH)(UNH)(MOT)
Thornburg Mortgage (TMA) Worries about going out of business. Down to $.22 from 52-week high of $27.82. Huntsman (HUN) Apollo walks on buy-out deal. Falls to $12.15 from 52-week high of $28.40. Coventry Health…
Finally, An ETF For Ireland & The Irish Americans (NTRS, IQE)
Northern Trust Corp. (NASDAQ: NTRS) has announced that its Global Investments asset management arm of Northern Trust, has launched the first U.S. listed ETF tracking the ISEQ 20(TM) Index. This is the leading investment…
Citigroup (C) Warning: Banks In Trouble Into 2009
Citigroup (C) came clean about what everyone with any sense already expected. Write-offs at the money center bank are not over. According to The Wall Street Journal, the "bank will see a fresh round…
Speculative Oil & Gas Moves (SD, PINN)
Over at "VOLUME SPIKE" (vsinvestor.com) we were running some screens today and found two unusual option and stock movers worth noting today. These two moves come from companies as different from each other as…
Google Keeps Drumming Yahoo! (GOOG, YHOO, MSFT, TWX, IACI)
Nielsen Online has a report out for MAY 2008 data on the top U.S. SEARCH PROVIDERS. As a reminder, this is "US SEARCH" rather than global search. But it shows that Google Inc. (NASDAQ:…
Pier 1 Shows It Doesn’t Deserve Cost Plus (PIR, CPWM)
Pier 1 Imports Inc. (NYSE: PIR) is seeing its stock butchered by more than 16% in the first 30 minutes of trading this morning and it has already surpassed its average daily trading volume. …
Motorola (MOT) Bludgeoned By Sprint (S) Samsung Phone
Wall St. is tearing into Motorola (MOT) today. The shares are down 5% to a new 52-week low at $8.14. Part of the trouble is that Sprint (S) is launching a new smartphone from…
Is Advanced Micro Devices Raising More Cash? (AMD)
Advanced Micro Devices, Inc. (NYSE: AMD) is far from having its woes behind it. Shares have slid from over $7.80 just two days ago down to $7.25 shortly after the open today. There is…