According to Reuters, Nissan forecast an annual loss. Reuters reports that the Treasury has delayed it bank bailout announcement. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) will channel new…
This coming week will mark the earnings reports for two key household consumer stocks, both of which were supposed to be defensive. The Coca-Cola Company (NYSE: KO) reports earnings on Thursday and Pepsico,…
S&P has reported that the dividends of companies in its S&P 500 index are being cut at the fastest rate in fifty years. A report by the Associated Press says that even…
David Paterson, the governor of New York State, will be attending the World Economic Forum in Davos this week, along with aides and several state troopers, sparking rumors that Switzerland is a…
If you are not familiar with the name Kingdom Holding Co., you may know its owner by the name of Prince Alwaleed bin Talal. He has been a very visible investor in…
According to Reuters, housing and consumer confidence both suffered record drops. Reuters reports that GMAC eased lending rules after the government provided it with $6 billion. Reuters reports that the Madoff probe…
According to Reuters, Kuwait canceled a $17 billion joint venture with Dow Chemical (DOW). Reuters reports that Credit Suisse (CS) clients may have lost $926 million on the Madoff scam. Reuters reports…
24/7 Wall St. will name its annual CEO of the Year later this week. The executive will be picked from a field of ten which we will profiled over the last ten…
PepsiCo, Inc. (NYSE: PEP) issued a statement this morning noting that the company would reaffirm its core guidance at the Morgan Stanley Global Consumer and Retail Conference. Pepsi is reaffirming its previously…
These are some of the top early bird downgrades or negative calls we have seen from analysts on Wall Street this Tuesday morning: Ascent Solar (ASTI) Cut to Underweight at JPMorgan. Coca-Cola…
According to Reuters, economic attention has now turned to the recession. Reuters reports that a new survey shows that half of all workers are worried about their jobs Reuters reports that unions…
Traders and investors alike love to look for stocks that are going to run up with a strong market. Yesterday was a record DJIA point move and today we have at least…
The early wave of third quarter earnings stepped on a banana. Pepsi (PEP) numbers were awful and they cost a lot of people their jobs. Globally, approximately 3,300 positions will be eliminated…
Douglas A. McIntyre A big up day in the market, say 4% or 5%, is not a rally, at least not any more. The DJIA has proved that it can move 1,000 points from bottom…
Earlier this week in the midst of the American International Group (NYSE: AIG) meltdown we brought up the issue that AIG was about to lose its standing as a member of the…
