A Stimulus Package For The Dead
Sen. Charles Schumer and the rest of Congress are making a painfully slow but purposeful rush to save the economy from recession. It is a shame the the actions will come at least quarter…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 404Media Digest 1/21/2008 Reuters, WSJ, NYTime, FT, Barron’s
According to Reuters, BHP Billiton (BHP) is lining up more bank financing in its bid to buy Rio Tinto (RTP). Reuters writes that the GE (GE) jet engine backlog in China has hit $5…
Asia Stocks 1/21/2008 Huge Retreat (TM)(LFC)(SNP)
Markets in Asia fell sharply. The Nikkei fell 3.9% to 13,326. Docomo (DCM) fell 4.6% to 165000. Toyota (TM) fell 3.6% to 5260. The Hang Seng dropped 5.5% to 23,819. China Life (LFC) fell…
Merck (MRK) Losing Out On OTC?
If a company like Merck (MRK) is going to overcome problems with a lot its drugs going "off patent" it is going to have to come up with some new ways to make money.…
Apple (AAPL) iPhone Sales Slow In UK
Apple’s iPhone only sold 190,000 units through exclusive UK reseller O2 according to the FT. Gartner had estimated sales might be 350,000 to 400,000. The handset went on sale November 9. Douglas A. McIntyre
Tip: Yahoo May Cut 1,500-2,500 Jobs Within 2 Weeks
From Silicon Alley Insider A tipster believes Yahoo has created a list of 1,500-2,500 jobs that may be eliminated in the next two weeks. CEO Jerry Yang will reportedly make the decision to go…
Why China Economy And Markets May Falter (BIDU)(SNP)
China is admitting a recession in the US would be a significant enough drag to badly damage its exports and undermine its GDP growth. "If U.S. consumption really comes down, that’s bad news for…
Rio Tinto (RTP) Hints BHP Billiton (BHP) Bid Could Work
Rio Tinto (NYSE:RTP) could take a sweetened bid from miner BHP Billiton (NYSE:BHP). Up until now, RTP have told investors that a deal is not possible. Rio Tinto’s shareholders are probably exerting some pressure…
Merrill Lynch (MER) May Face A Judge
Merrill Lynch (NYSE:MER) sold the city of Springfield Mass a financial instrument which lost 90% of its value. According to The Wall Street Journal "Merrill violated state law by not properly informing the city…
Eddie Lampert’s Last Stand (SHLD)
Eddie Lambert has been a bust as a retailer. He may be fine at running a hedge fund, but due to his large holding in Sears (SHLD), that distinction may be shaky as well.…
Google (GOOG) Lose Is Microsoft’s (MSFT) Gain
Google (GOOG) lost a little bit of its prized search share in December according to Nielsen. Compared with November numbers, Google’s piece of the US market fell from 57.7% to 56.3%. Microsoft’s (MSFT) part…
This week on Stockhouse January 14 – 18
Markets continued to reel as investors took a chainsaw to the third trading week of 2008. Gold faltered and oil continued to pull back from the hundred-dollar high. On Thursday, Ben Bernanke said some…
Cramer Talks Microsoft As Oversold & Value Tech (MSFT)
On tonight’s MAD MONEY on CNBC, Jim Cramer said he is sticking with his "buy cheap and oversold tech stocks" theme. The one he likes the best right now is Microsoft (NASDAQ: MSFT). This…
The 52-Week Low Club (S)(UA)(STX)(C)(WFC)(BAC)(MBI)(WB)(SYMC)(YHOO)
Sprint (S) Lay-offs and weak subscriber numbers. Falls to $8.15 from 52-week high of $23.42. Under Armour (UA) Weak forecast kills shares. Drops to $26.52 from 52-week high of $73.40. Seagate (STX) Wall St.…
7 Dow Components Report Earnings Next Week (JNJ, PFE, UTX, T, MSFT, CAT, HON)
Monday is a market holiday in observance of Martin Luther King Day in the U.S. But after that we have an earnings deluge with hundreds of companies issuing their earnings. For the bulk of…