Today’s selling does not look orderly like it has on many other down days this year. The drop is across almost every sector and most widely-traded shares. Much of it is out…
These are ten of the individual analyst calls we are looking at from Wall Street this Thursday morning: Capstone Turbine Corp. (NASDAQ: CPST) started as Buy at Broadpoint Capital. Check Point Software…
Three years ago, rating firms like Moody’s were talking about the chances that one of the "Big Three" automakers might have to file Chapter 11. That seems like a long time ago.…
Douglas A. McIntyre According to Reuters, Anheuser-Busch (BUD) will reject a $46.3 billion buy-out from InBev. Reuters writes that Oracle (ORCL) posted strong earnings but its outlook was light. Reuters reports that RIM (RIMM) has…
There is no more such a thing as "interest free" car loans than there is Big Foot in the northern forests. There may be tracks in the snow, but, out beyond the…
Douglas A. McIntyre According to Reuters, a proposal from the SEC would cut the role of credit rating agencies. Reuters writes that United (UAUA) will lay-off 950 pilots. Reuters reports that GM (GM) will cut…
Telik (TELK) Someone selling out of the stock in big numbers. A mystery wrapped in an enigma. Down to $1.24 from 52-week high of $4.96. Circuit City (CC) Still selling off after…
The two largest online social networks are Facebook, which is a private company, and MySpace, which is owned by News Corp (NWS). MySpace has always been the larger property. Facebook was a…
The car companies may be on a treasure hunt by the end of the year to improve their balance sheets with new cash. North American car and SUV sales are that and.…
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson & Co,says bank losses will hit $1.3 trillion. Write-downs at Lehman (LEH) and…
Elvis has left the building but that does not seem to matter to GM. The company is cutting back on new designs for future SUVs, the same SUVs that no one will…
Last week, 24/7 Wall St. listed GM’s (GM) odds of filing Chapter 11 between now and the end of the year at 30 to 1. Wall St. seems to think things are…
Douglas A. McIntyre Ford (F) is making the rounds of its employees and unions to tell them that the company will have to take out more costs. According to The Wall Street Journal, the word…
Today’s 52-week low list was full of some of the usual suspects, and you can count airlines as the top group of 52-week lows after that breather in oil prices did not…
Investors figure the only way that GM (GM) makes it out of its current troubles is that its overseas operations make money to offset trouble in the US. In the domestic market,…
