According to Reuters, domestic car sales took a huge dip in May. Reuters writes that UAL (UAUA) will announce more job cuts and rate cuts. Reuters reports that Yahoo! (YHOO) has set…
According to Reuters, merger talks between United (UAUA) and US Air (LCC) has slowed. Retuers writes that NetFlix (NFLX) and Blockbuster (BBI) held competing analysts meetings on the same day. Reuters reports…
According to Reuters, the Fed lower growth expectations and noted rising inflation. Reuters writes that AMR (AMR) will sharply cut the number of routes its serves and take certain planes out of…
It turns out that Moody’s (MCO) may be more than incompetent. After missing most of the risks in subprime paper and keeping “Aaa” ratings on the municipal bond ratings agencies for too…
Douglas A. McIntyre According to Reuters, Microsoft’s (MSFT) Steve Ballmber said his company will not bid for Yahoo! (YHOO). Reuters writes that HP’s (HPQ) operating margin rose to 10% in the last quarter. Reuters writes…
After today’s close, we saw which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date is longer as he has…
According to Reuters, lenders and Clear Channel (CCU) have reached an agreement for an LBO of the company. Reuters writes that Carl Icahn may mount a proxy fight for control of Yahoo!…
These are not the only analyst calls this morning, but these are some of the impact calls we are seeing this Tuesday morning: Barr Pharma (NYSE: BRL) raised to Outperform from Neutral…
One of the great traditions in American business is to punish the few for the sins of the many. It a sort of Scopes Monkey Trial for the subprime mess, the president…
Douglas A. McIntyre These are the new combined holdings (alphabetically H-P) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: Home Depot (NYSE: HD) 4.181 million shares for $112.6 million.…
Below are some of the key general calls we are looking at in early pre-market trading: Anglogold (NYSE: AU) downgraded to Neutral from Buy at UBS. Cephalon (NASDAQ: CEPH) downgraded to Underperform…
Moody’s (MCO) wants to replace its old ratings system, which used letter grades, with a new one which will use numbers. It also wants to put "warning labels" on securities like CDOs…
Douglas A. McIntyre Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others. With no surprise, airlines followed…
We have been pretty critical of the ratings agencies not being on their toes and calling on things far too late. In fact, I have been an anti-fan of theirs all the…
If you think the "independent ratings agencies" are your friend and are out there looking out for your best interest, you have already been told time after time that they are not. …
