According to Reuters, the manufacturing sector probably did not grow in August Reuters reports that it appears Gustav did little damage to oil rigs and refineries. Reuters reports that the Korea Development…
There was some ray of hope that the second half of the year would be OK when the government revised GDP up 2.2% for the second quarter. A number of economists looked…
According to Reuters, Lehman (LEH) may fire 1,200 workers. Reuters reports that Dell (DELL) said its Asia business was fine but offered a cautious forecast. Reuters reports that Starbucks (SBUX) will offer…
According to Reuters, the FDIC may have to borrow money from Treasury to see it though a wave of bank failures. Reuters reports that Lehman (LEH) has asked three investment firms to…
Boeing (BA) was able to get the government to re-open the bidding for the Air Force’s new tanker. In the original round of competition, Boeing was bested by the team of Northrup…
According to Reuters, Warren Buffett and the head of Blackstone (BX) called for a solution to the govenment’s growing debt load and reliance of foreign investors to finance US borrowing. Reuters reports…
Boeing (BA) has delayed the launch of its Dreamliner three times. Supply chain trouble and manufacturing flaws have damaged the company’s reputation with its customers and opened a door for more competition…
Douglas A. McIntyre According to Reuters, Nissan says it will start exporting cars from it China joint venture. Reuters reports that Micorosft (MSFT) will enlist Seinfeld for its new ad campaign. Reuters reports that the…
Boeing (BA) has already suffered the ignominy of three delays in the launch of its new Dreamliner jet. The tardiness of the project will cost the company revenue, at least in the…
Douglas A. McIntyre According to Reuters, RBS (RBS) had $1.35 billion loss due to write-downs. Reuters reports that Google (GOOG) says its investment in AOL may be impaired. Reuters writes that Citigroup (C) and Merrill…
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but Exxon (XOM) missed its numbers. Reuters reported that stressed banks borrowed a…
Deluxe Corporation (DLX) Drops 2008 outlook and pays the price. Falls to $14 from 52-week high of $40.86. United Microelectronics (UMC) Fails with weak results and analyst upgrade. Sells off to $2.53…
These are some of the top pre-market analyst Downgrades and negative calls we are seeing this Thursday Morning: Automatic Data Processing (ADP) Cut to Equal Weight at Morgan Stanley. AT&T (T) Cut…
This morning we had four different DJIA compomnents report earnings and so far all shares of these are indicated higher. AT&T (NYSE: T) posted $0.76 non-GAAP EPS vs. $0.76 estimates and generated…
This morning we had four different DJIA components report earnings and so far all shares of these are indicated higher. AT&T (NYSE: T) posted $0.76 non-GAAP EPS vs. $0.76 estimates and generated…