Sovereign Funds Will Eat The World
Assets controlled by sovereign funds could hit $12 trillion by 2015, at least according to Morgan Stanley.That would put the pool of capital which they control higher than all reserves held by central banks.…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 337Charter (CHTR) Raises Money For A Lost Cause
Charter Communications (NASDAQ:CHTR) raised another tranche of junk debt, about $1 billion. That will sit on top of the $19 billion which the company, controlled by billionaire Paul Allen, already has. Just because Charter…
Fannie Mae (FNM) And Freddie Mac (FRE) May Take Sharedholers Under
Freddie Mac (NYSE: FRE) has a market cap of about $12 billion. At Fannie Mae (NYSE: FNM) that number is closer to $22 billion. Both company’s stocks are down about 70% from their 52-week…
AMD (AMD) Needs Intel (INTC) EU Case To Save Its Skin
Intel (NASDAQ: INTC) management and lawyers are in Europe talking with EU officials about whether the big chip company violated anti-trust laws in the region. According to The Wall Street Journal "The EU filed…
Boeing (BA) Cries To Congress
Boeing (NYSE: BA) made an official complaint with the Government Accountability Office about a $35 billion Air Force tanker deal which it did not get. The deal went to Northrop Grumman (NYSE: NOC) and…
NASDAQ Short Sellers Back Off Tech (INTC)(DELL)(YHOO)(JAVA)
According to NASDAQ figures on short selling on February 29, share sold short in tech companies dropped sharply, an indication that investors are not willing to bet that stocks in the companies will go…
Media Digest 3/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, central banks are uniting to ease the credit crisis. Reuters writes that Google (GOOG) got EU approval to buy DoubleClick and its shares rose. Reuters reports that Caterpillar (CAT) raised its…
Asia Markets 3/12/2008 (LFC)(PTR)
Markets in Asia were mostly higher. The Nikkei was up 1.6% to 12,861. Japan Tobacco was down 3.5% to 550000. KDDI was up 3.7% to 623000. The Hang Seng rose .8% to 23,185. China…
Cutting Maintenance Doesn’t Help Southwest Shareholders (LUV)
Southwest Air (NYSE: LUV) responded today to preliminary findings of its internal investigation over safety allegations. It looks like the allegations over safety and inspection incidents had some meat to them. The airline is…
Cramer Hunts For Safe Harbor in a Storm: DuPont (DD)
Cramer went out tonight on CNBC’s MAD MONEY still looking for safe harbors in a storm, despite the strong market today and despite his noting that this trading rally could last 5 days. His…
Cramer Goes Wrestling (WWE)
On tonight’s MAD MONEY on CNBC, Jim Cramer hosted World Wrestling Entertainment Inc. (NYSE: WWE) CEO Linda McMahon. This is one that Cramer touted before, and it doesn’t look like much has changed there.…
Caterpillar, No Dog (CAT)
Caterpillar Inc. (NYSE: CAT) has come out and maintained its 2008 EPS growth estimate of 5% to 15% and sales growth estimates of 5% to 10%. After going back over the notes, this in-line…
DivX Looks Like Golfing Divot (DIVX)
Hitting a 52-week low on news is one thing, but blowing through it is another. When you consider it coming from a hot IPO touted by Cramer at one point then it’s even worse. …
The 52-Week Low Club (HUM)(WLP)(CI)(S)
Humana (HUM) Health insurers pulled down by bad news at WellPoint. Falls to $42.85 from 52-week high of $88.10. Wellpoint (WLP) Profit warning. Drops to $46.66 from 52-week high of $90. CIGNA Corporation (CI)…
CEO Immelt Buys $2M More in General Electric Stock (GE)
Jeff Immelt, CEO of General Electric Co. (NYSE: GE), has gone active again in buying up shares of company stock. In an SEC Filing, it shows that Jeff Immelt bought roughly 62,000 shares of…