Asia Markets 4/28/2008 (LFC)(SNP)
Markets in Asia were mixed. The Nikkei rose .2% to 13,894. Kyorcera rose 6% to 9440. Mazda rose 7.9% to 465. The Hang Seng rose .2% to 25,679. China Life (LFC) fell 3.1% to…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 277Oil Moves To Just Under $120 Per Share
Supply concerns have moved the cost of crude to just under $120 a barrel. According to Bloomberg "Crude oil rose to a record after BP Plc shut a North Sea pipeline and gunmen attacked…
As Continental (CAL) Walks From United (UAUA) Link-Up, Airline Mergers Look Less Attractive
The board and management of Continental Airlines (CAL) have decided that staying single is the best way of life. After long merger talks with United (UAUA), Continental has elected to go it alone. Continental…
Straw Poll Of Analysts Says Microsoft (MSFT) Will Make Hostile Bid For Yahoo! (YHOO)
19 to 3. That is the line-up of Wall St. analysts who think Microsoft (MSFT) will make a hostile bid for Yahoo! (YHOO) compared to those who think the companies will peacefully negotiate a…
NY Times Writes Apple (AAPL) Will Wreck RIM (RIMM)
There is nothing novel in the theory. As the Apple (NASDAQ: AAPL) iPhone adds features and 3G capacity, it will take market share and earnings away from RIM (NYSE: RIMM), the maker of the…
Used Cars Pile Up Undermining Ford (F) And GM (GM)
The tendency among buyers of auto stocks is to look at falling expenses at the big firms like GM (GM) and Ford (F) and to hope that unit sales in the US won’t keep…
This week on Stockhouse April 21 – 25
U.S. stocks fluctuated this week on record oil, mixed earnings Wall Street was down at the beginning of the week due to two consecutive days of record-breaking oil prices and weak earnings in the…
A Bet The Fed Is Done Lowering Rates
The yield on two-year Treasury notes has hit a level not seen since 2001, a big gamble by traders that the Fed is done cutting rates. According to Bloomberg "Ten-year note yields climbed a…
As UK Oil Workers Strike Oil Panic Spreads (BP)
One of the big oil pipelines in the UK has been shut down by a strike giving oil bulls another reason to predict higher crude prices. According to Reuters "A pipeline carrying nearly half…
As Eos Goes Under Risks Rise At AMR (AMR)(DAL)(UAUA)(CAL)(NWA)
Eos was an extremely odd duck of an airline. It flew only one route, from New York’s JFK to London. It was an all business class affair, but, with a recession in full-swing flying…
US Says Russia And China Weak On Piracy
The U.S. Trade Representative said that Russia and China had been put on a list of countries that do not do enough to fight piracy of intellectual property. American officials said the two countries…
Wachovia (WB) Looked At For Laundering Drug Money
Wachovia (WB) may have taken deposits from drug cartels. The Wall Street Journal reports that the government probing the bank for "alleged laundering of drug proceeds by Mexican and Colombian money-transfer companies." Perhaps the…
AMR (AMR) Looks For Partner Before Trouble Worsens
AMR (AMR), parent of American Airlines, is in talks with US Air about a merger. Based on balance sheet and stock price performance AMR needs a partner more than most of the other large…
The 52-Week Low Club (AAI, HRZ, IAR, LEE, NTGR, PAY, UCBH, VDSI)
Despite the recovery we have seen, many stocks are still hitting 52-week lows. Some of the names this Friday were as follows, just keep in mind that not all of these actually closed on…
Philip Morris International Files To Tap The Liquidity Well (PM, MO)
Philip Morris International Inc. (NYSE: PM) has just filed a shelf registration that would allow the international tobacco giant to sell debt securities and warrants to purchase debt securities. As this will be the…