A little less conversation a little more action pleaseAll this aggravation ain’t satisfactioning meA little more bite and a little less barkA little less fight and a little more spark…Elvis Presley The G20 financial…
Citigroup (C) CEO Vikram Pandit will have an employee meeting on Monday in the hope that he can calm concerns that the huge financial company is falling apart. With its stock below $10 there…
These are some of the changes we have seen in the holdings of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is alphabetical from A to…
We have outlined the changes we have seen in the holdings of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) and these were put into groups in alphabetical order from I to S for the…
We have outlined the changes in the holdings of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) and consolidated these into alphabetical order from "T to Z" for the quarter ended on September 30, 2008:…
These are the new holdings (sans ETF and sans derivatives) for Bill Gates’ CASDADE INVESTMENT LLC As of September 30, 2008: AUTONATION (NYSE: AN) …
According to Bloomberg, Citigroup Inc. Chief Executive Officer Vikram Pandit sought to reassure employees today, saying in an internal memo that the bank’s revenue is “strong and stable” and its capital “plentiful.”’. For some…
Fire the two clowns who run Sun Microsystems (JAVA) and the firm saves about $4 million in cash compensation. Compared with the 5,000 to 6,000 people the company will let go to save about…
US consumers have taken on $14 trillion in debt, which may not seem like a lot, but it is up 137% in a decade. That is what rising housing prices and easy credit will…
Rick’s Cabaret (RICK) may be in a business which many investors disapprove of. It runs strip clubs. Nonetheless, the stock is soaring today. Another vice stock, Wynn (WYNN) is trading heavy on a new…
Everyone wants to know when the "recession" in China with 8% growth will start to level off. If you read the WSJ this morning, you will see another ominous sign that China is not…
Energy stocks rose along with the market in its 500+ point rally yesterday, and Clean Energy Fuels (NASDAQ: CLNE) did its part. It actually had a massive beta yesterday as its shares soared nearly…
Yesterday, Montana’s Public Service Commission approved a request from NorthWestern Energy (NYSE:NWE), the largest electricity distribution company in the state, to purchase an existing coal-fired power plant in exchange for an agreement to operate…
Sun Microsystems Inc. (NASDAQ: JAVA) just can’t get it right. The focus of the business is elusive and it seems that nothing it embarks on works. Actually, it doesn’t seem that way. It is…
According to several media accounts, Nokia (NOK) is forecasting real trouble in the handset market both in the fourth quarter and into 2009. According to MarketWatch,Nokia warned that industry volumes for the fourth quarter…
Anyone looking at Wal-Mart’s (WMT) results would have have been terribly misled about the state of American retail. JC Penney (JCP) showed what retail really looks like in a recession. JPC reported earnings per…
Freddie Mac (FRE) reported a net loss of $25.3 billion, or $19.44 per share, for the quarter ended September 30, 2008, compared with a net loss of $1.2 billion, or $2.07 per share, a…
Wynn Resorts Limited (NASDAQ: WYNN) accomplished a capital raise which looks to be at a far less of a discount and at much better terms than the recent financing over at Las Vegas Sands…
These are ten of the top pre-market early bird upgrades and downgrades we are seeing from analysts this Friday morning: H.B. Fuller (NYSE: FUL) Raised to Overweight at JPMorgan. Och-Ziff Capital (NYSE: OZM) Started…
Restructuring expert Wilbur Ross says that car companies should stay out of Chapter 11. A bankruptcy of one of the firms would push large parts of the economy into depressions. According to Bloomberg, “If…