Has National Oilwell Varco Bottomed? (NOV)
National Oilwell Varco, Incorporated (NYSE: NOV) reported earnings this morning, and if you have followed stocks in the oil patch you are quite aware that the company has been far from immune to the…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 82The Death Of The New York Times (NYT)
It is astonishing, but even the online revenue at the newspaper operations of The New York Times Company (NYT) has stopped growing rapidly. It is almost certain that the newspaper group excluding internet revenue…
Greenspan: Predictions from the Crypt
If you have had a hard time swallowing the direct plain English of the modern Federal Reserve heads, help is on the way. Former Federal Reserve Chairman Alan Greenspan is speaking to the House…
The False Death of Trickle-Down Economics
By John Tamny RealClearMarkets It’s fashionable in certain economic circles to mock the notion of trickle-down economics, the process whereby success enjoyed by the wealthy accrues to those not wealthy. As recently as August…
Jupitermedia Sends Online Images to Getty Images (JUPM)
Jupitermedia Corp. (NASDAQ: JUPM) is seeing a massive surge pre-market, and this may help the company adequately fend off many of its issues. The company has announced that it has entered into a "definitive…
Level 3 Working On Debt & Free Cash Flow (LVLT)
Level 3 Communications, Inc. (NASDAQ: LVLT) has just reported earnings and there is enough to challenge the bulls and bears alike. The wholesale dataline carrier posted earnings at -$0.08 EPS on a net loss…
Potash Almost Smells Better Than Natural Fertilizer (POT)
Potash Corp. of Saskatchewan (NYSE: POT) is seeing a recovery this morning. The potash and fertilizer giant posted earnings at $3.93 EPS vs. $3.57 estimates on a 136% revenue gain. The company is also…
Early Bird Analyst Upgrades (AEO, BPL, GMR, ITRI, PNR, TCK, URBN)
These are some of the top analyst upgrades we are seeing from Wall Street firms this Thursday morning with more than two hours to the open: American Eagle (AEO) Started as Outperform at Oppenheimer.…
Early Bird Analyst Downgrades (ADCT, ACL, AMMD, BGH, CNB, CNW, ERTS, FCX, NAT, OSG, PCU, STM)
These are some of the top analyst downgrades we are seeing from Wall Street firms this Thursday morning with more than two hours to the open: ADC Telecommunications (ADCT) Cut to Underweight from Overweight…
Dow Chemical’s (DOW) Perfect Pitch
Dow Chemical (DOW) reported earnings today. Beyond all the numbers, segment earnings, and geographic data, there was only one important thing. "In our view, we will likely see a global recession through most of…
Goldman Sachs (GS) Cuts 10%
The media is reporting that Goldman Sachs (GS) will cut 10% of its workforce, or about 3,000 people. Since the firm has been at the summit of its industry for decades, the move says…
Amazon (AMZN): The Last Big Hope For Consumers This Earnings Season
Amazon (AMZN) has two huge advantages as a retailer. The first is that it has no stores. The other is that it has an astonishingly large list of things it sells from TVs to…
Russia Tells OPEC To Take A Hike
It must have been quite a sight. The former KGB agents who run Russia sitting across from OPEC billionaires in Armani suits. The Russian still buy their suits off the rack. The cartel had…
The Eastern Front For Banks: Credit Cards
How many people in the US have credit cards? The answer might be misleading. Some of the unusually reckless have three, four, or five cards. They use the money available from one to pay…
Media Digest 10/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies. Reuters writes that Amazon (AMZN) turned in a weak forecast hurting its stock. Reuters reports…