Investors flock to defensive stocks in times of trouble and and when they worry, assuming they look to stay in the market when they are worried. But if the trend here continues,…
It’s another rough trading day in the stock market. It is bad enough that the DJIA is down over 3% to decade lows and under 7,000… But even almost all of the…
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
According to Reuters, Republican may keep fighting Obama on the stimulus package. Reuters reports that Roche dropped its bid on Genentech (DNA) to $42 billion. Reuters writes that the Administration will release…
More and more companies are either suspending or killing their share repurchases and stock buyback plans. Some are doing it to conserve cash in a much harder operating environment. But many companies…
These are the top pre-market upgrades and positive analyst calls we have seen from Wall Street this Monday morning: Altria (NYSE: MO) Raised to Overweight at JPMorgan. Best Buy (NYSE: BBY) Raised…
We have been tracking the developments in corporate bond spreads and the lack of liquidity for new capital. Over the last ten days or so we have witnessed several corporate bond offerings…
These are the top ten early bird upgrades and downgrades we have seen this Thursday morning with about two hours until the open: Altria (MO) Raised to Neutral from Sell at Banc…
Jim Cramer wants people to sell all of their stocks. Even though the market may keep falling, that might not be a practical solution for everyone. There are several things investors can…
It appears that every stock in the market is being crushed, but that is not entirely so. Several companies in industries not likely to be badly by a deep recession are doing…
As long as companies in the "smokes" business are not being sued by dead people who used their products, it is a hell of a business. Operating margins can run above 20%…
You know it’s a rough day in the market when even defensive stocks are weak or mixed. We are at least seeing a mixed bag from some of these. But the trend…
Philip Morris USA, part of Altria Group Inc. (NYSE: MO), has filed a rather interesting lawsuit which could act to set the precedent for case law for years ahead. Big Tobacco asked…
Douglas A. McIntyre There is one critical aspect to the stock market that pertains to American International Group (NYSE: AIG) which has been given less coverage because of the media’s focus on the turmoil in…
According to Reuters, the government takeover of Fannie Mae (FNM) and Freddie Mac (FRE) will do little to help the mortgage market short-term. Reuters writes that Lehman (LEH) made a number of…
