Fannie Mae & Freddie Mac Slammed By Downgrades (FNM, FRE)
2007 and 2008 aren’t turning out to be the best years for GSE’s like Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Things just got worse for these two this morning. Merrill Lynch…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 362Conexant Will Try The Reverse Stock Split Game (CNXT)
Conexant Systems Inc. (NASDAQ: CNXT) is going to try a reverse stock split to juice its shares. As the stock trades 6 million shares per day and is at the very lowest-end of its…
Melanoma Patients Have Another Hope With New Orphan Drug Designation (ADH, MEDX)
Adherex Technologies Inc. (AMEX: ADH) has announced that it has received an orphan drug designation for its ADH-1 from the FDA for the use of ADH-1 in conjunction with melphalan for the treatment of…
Boeing (BA) May Lose Japan Airlines Business
Japan Airlines management is so upset about delays in the Boeing (NYSE: BA) 787 that it may turn to Airbus for planes. According to Reuters "JAL, which had planned to buy 55 787 planes,…
Europe Markets 2/21/2008 (GSK)(SAP)(ALU)
Markets in Europe were down at 7.35 AM New York time. The FTSE fell .2% to 5,919. GlaxoSmithKline (GSK) was down 1.2% to 1121. Next was down 4.7% to 1293. The DAXX dropped 1.1%…
Goldman Sachs Raises United Natural Foods, Sort Of (UNFI)
United Natural Foods Inc, (NASDAQ: UNFI) was beaten like a rented mule last night in after hours trading after an earnings disappointment and an earnings warning. The company is not yet seeing any leverage…
Top 10 Pre-Market Analyst Calls (MT, DISCA, FNSR, GILD, GMXR, JDSU, LLTC, NU, UEIC, WMB)
These are some of the research calls we are looking at this morning that are impacting shares in early pre-market trading: Arcelor Mittal (NYSE: MT) raised to Buy at Deutsche Bank. Discovery Holding (NASDAQ:…
NYMEX/CME Merger Speculators Should Consider Regulatory & Price Issues (NMX, CME, NYX, ICE, NDAQ)
We’ve seen the consolidation happening on the global exchanges. They are becoming larger and larger powerhouses, and some are coming under more and more scrutiny. This morning’s New York Post ran a piece titled…
Motorola (MOT): The Bad Penny Keeps Turning Up
LG Electronics, the world’s No.5 handset maker, recently said it could win more share from Motorola (NYSE: MOT)."Yes, we’ll increase our market share sharply," LG’s chief executive Nam Yong said, when asked by Reuters…
OPEC Sends Big Oil Companies Back To The Field (XOM)(BP)
One of the solutions for fighting the high price of oil is to increase the supply. That seems simple enough, but it is expensive, at least for oil companies. OPEC is not lowering prices…
Business Week Gets More & More Speculative (ABX, CBLI, UEC)
Business Week’s "Inside Wall Street" weekly column has been known for moving stocks. In fact it has been influential enough that people have been busted for insider trading via getting the names ahead of…
Better Quality Cars Are Killing Auto Industry (GM)(F)
During the 1970s and 1980s US car companies like Ford (NYSE: F) and GM (NYSE: GM) got into trouble for building low quality cars. They tended to have to be in the repair shop…
The Disappearing American Job (SBUX)(LEH)
Starbucks (NASDAQ: SBUX) and Lehman Brothers (NYSE: LEH) do not have much in common.That changed a bit yesterday when word came out that they would both cut workers. It is a demonstration of how…
The Biggest Bail-Out Since The Great Depression
Imagine if the Federal government decided to fix most of the problems in the housing market by giving the 8.8 million Americans with mortgages larger than their home values assistance. Over two million mortgages…
Media Digest 2/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay. Reuters writes…