Day: March 30, 2009

Top Analyst Downgrades (BCS, CBY, CBS, LFC, CHL, DBD, ELX, NCR, PHG, QSII)

These are some of the top pre-market analyst downgrades and negative analyst calls we have seen from Wall Street firms…

Car Company Chapter 11 Still Not An Option For Government

The US car companies still have an ace in the hole. The Administration cannot take Chrysler and GM (GM) into…

UBS (UBS) Signal: Bank Losses To Heat Up Again

Fixing The Car Companies: Does Chrysler’s Nardelli Get To Keep His Job? (TM)(GM)(F)(HMC)

The current word in the news media is that Chrysler chief Robert Nardelli will keep his job, unlike his counterpart…

The Financial News Cycle Turns Ugly

In early March, the financial news began to turn good, Citigroup (C) said it has been profitable for the first…

IBM And Its Workers: A War Of Silence Vs. Loquaciousness

IBM (IBM) will fire or is firing 5,000 US workers. The press has several reports describing how the functions of…

The G-20 Summit: Obama Can Stay Home

The G-20 “crisis summit” looks like it will turn into a crisis all its own. For the weeks leading up…

Saving Las Vegas One Airplane Ticket At A Time (WYNN)(LCC)(MGM)

One of the largest casino projects in history almost fell apart last week. CitiCenter, an $8.7 billion casino being built…

Media Digest 3/30/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the Administration has forced GM (GM) CEO Rick Wagoner out of his job. Reuters reports that in…

Asia Markets And Europe Open 3/30/2009

Markets in Asia fell sharply. The Nikkei was off 4.6% to 7,236. The Hang Seng fell 4.1% to 13,538. The Shanghai…