Hope dies hard. A lot of Wall St. analysts still think that earnings from the S&P 500 companies will be up in aggregate in Q4 2008 compared with the same quarter last year. There…
While the market was busy looking at all of those "For Sale" signs around most neighborhoods, it forgot that people also put three or four expensive cars in their driveways and bought $5,000 home…
The rule about scandals was set a long time ago. A company or individual can create a scandal. Government rules and regulations are, by definition, scandal-proof. They are sanctioned by the high priests of…
Detroit is getting its $25 billion in loan guarantees from the federal government. Ford (F), GM (GM), and Chrysler did not have access to enough capital to upgrade their plants without outside help. The…
According to Reuters, a Senate plan to vote on the bailout package pushed US markets up. Reuters reports that the FDIC would like to increase the value of the accounts it insures. Reuters reports…
Today was a very strange day in Google Inc. (NASDAQ: GOOG) as far as a stock. As we suspected and went out with after seeing this too many times, NASDAQ has made a determination…
If you have ever seen odd trading, Google Inc. (NASDAQ: GOOG) saw its fair share of odd trading. Shares had been up the entire day and right before today’s close there was a massive…
Hartford Finl Svcs (HIG) Downgraded due to exposure to debt at troubled financial firms. Drops to $31.26 from 52-week high of $99.21. Circuit City Stores (CC) The end is near. Hard to see how…
This weekend we gave many updates to our favorite stocks in the under $10 category. Of our stocks, Web.com (NASDAQ: WWWW) remains perhaps the cheapest of the internet stocks which fit within our screening…
Charter Communications (CHTR) is still one of the largest cable companies in the US in a period where cable should be doing fairly well, Charter’s common stock is worthless at this point. It may…
This weekend we made new updates to our favorite list of stocks in the under $10 category. USEC Inc. (NYSE: USU) is currently our favorite stock under $10.00 in the alternative energy category. Is…
This weekend we issued updated targets and scenarios for our favorite stocks in the under $10.00 universe, and Flextronics International Ltd. (NASDAQ: FLEX) was one of the value names that came in the screen…
The Blackstone Group (NYSE: BX) is making changes to its structure in Asia, and these changes may allow it to become an investment banker and advisor rather than just a deal-maker or investor. The…
Last week, a consortium of ten states in the northeastern US held its initial auction of allowances to emit CO2. The Regional Greenhouse Gas Initiative (RGGI) has set a cap on carbon emissions of…
The Conference Board has released some surprising data that was stronger than many would have guessed. The September confidence index came in at 59.8, up from 58.5 in August. The Present Situation index fell…
CBS (CBS) continues to make the argument that network television advertising will do relatively well during a recession. Wall St keeps rejecting the idea. CBS shares are now down to $14.43, off over 50%…
There have been some interesting upgrades in technology stocks this morning. It wasn’t so much a goal of analysts trying to mark the bottom on yesterday’s sell-off, but these appear to be on valuation.…
CMGI Inc. (NASDAQ: CMGI) is now ModusLink Global Solutions, Inc. (NASDAQ: MLNK). Shares are now open for trading after opening at $9.00. Last night the company reported earnings, but traders will now be focused…
Reliant Energy Inc. (NYSE: RRI) is looking like a classic example of how things are changing in the credit markets. The electricity and energy services provider lowered its guidance because of Hurricane Ike and…
Oil baron and billionaire T. Boone Pickens said early this morning on a CNBC interview that the price of crude is unlikely to fall much below $100 per barrel. His argument is fundamental rather…