What 20,000 Jobs Lost A Day Means
Big companies lost 30,000 jobs yesterday. Those are the public companies which had to come clean. Who knows how many jobs were lost at smaller companies. Businesses with under 100 people supposedly have over…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 29Oil At $25, Gas At A Buck?
More people in the oil industry and the services businesses that support it are going to be out of work soon. That is because crude dropped from $147 to under $50. Venezuela could be…
Amazon (AMZN): No Kindle Under The Tree This Year
Oprah helped get Mr.Obama elected President. At the very least she brought him some remarkable national attention. The famous talk show host and celebrity may have also given the new Amazon (AMZN) Kindle electronic…
Top Pre-Market Analyst Upgrades (BKS, HNI, LEAP, LGF, SAFM, SQM, SYNA, VIP)
These are the top pre-market analyst upgrades and positive calls we have seen so far this Friday morning: Burger King (BKC) Started as Buy at Citigroup. HNI Corp. (HNI) Raised to Neutral at Goldman…
Top Pre-Market Analyst Downgrades (BRY, BBG, BG, CBST, GSX, KNL, WFR, SIRO, TXCO)
These are the top pre-market downgrades from Wall Street analysts this Friday morning: Berry Petroleum (BRY) Cut to Market Perform at Morgan Keegan. Bill Barrett (BBG) Cut to Market Perform at Morgan Keegan. Bunge…
The Long Knives Come Out As Apple (AAPL) Estimates Cut
According to Barron’s, one of the Wall St. analysts who follows Apple (AAPL) most closely has sharply cut his forecasts. "For the September 2009 fiscal year, Munster cuts his revenue estimate to $38.86 billion…
California Moves To Confederate Dollars For Monetary System
People still keep Confederate Dollars. They have not been worth anything since 1864, but they are a nice collectors item and evoke memories of brother killing brother. Now, the State of California is collecting…
An Irony In Low Oil Prices
When oil got over $140 a barrel, there were grave concerns that huge numbers of people could be put out of work. Airlines and auto companies could not afford high gas prices. People were…
A Good Time To Dump Boeing (BA) Management
Boeing (BA) is moving up the list of worst managed US companies at lightning speed. It went through a nice long strike with its machinists, which it settled after two months. Then it began…
Media Digest 12/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, car company executives went before Congress and pleaded for billions of dollars. Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that Paulson says the financial bailout…
Asia Markets And Europe Open 12/5/2008
Markets in Asia were mixed. The Nikkei fell .1% to 7,918. The Hang Seng was up 2.1% to 13,790. The Shanghai Composite was up .7% to 2,019. At the open, the FTSE was off…
Cramer Calls For More Buyouts (JNJ, MNT, AGN, PFE, ITW, MTW, NKE, UA)
On tonight’s MAD MONEY on CNBC, Jim Cramer called for companies with high cash balances to make acquisitions while competitors are dirt cheap and vulnerable. Yesterday, Cramer called for Pfizer (NYSE: PFE) to acquire…
CEO Of The Year Nominees: 7) James A. Skinner Of McDonald’s (MCD)
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are chosen on…
The 52-Week Low Club (CHK)(WFT)(RIG)(MSCC)(ISIL)
Chesapeake Energy (CHK) National gas supply levels fall. Drops to $11.54 from 52-week high of $74. Weatherford International (WFT) Oil prices hurting drilling equipment firms. Plunges to $8.32 from 52-week high of $49.98. Transocean…
CEO Of The Year Nominees: 6) Ian M. Cook Of Colgate-Palmolive (CL)
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are chosen on…