According to Reuters, the markets will now turn their attention to AIG (AIG) which is struggling to survive. Reuters report that the Fed will probably hold interest rates steady and signal a…
Lehman (LEH) is bankrupt. Its stock plunged to $.15 from $67.73. AIG (AIG) fears that it will be the next to fail. It drops to $3.50 from a 52-week high of $70.13.…
A lot of traders think that GE’s (GE) financial results will be badly damaged by trouble at its GE Capital unit. The worry has the conglomerate’s stock trading at $24.70, below its…
Douglas A. McIntyre Wall St. might make the argument that GE (GE) has more exposure to the credit markets than most huge companies because of its financial division. But, the current hammering of the shares…
Douglas A. McIntyre In community college Economics 101 students learn that there can be dips in bull markets. Usually these are caused by a single event like a change in the party that runs Congress.…
According to Reuters, bond giant Pimco called for more governemt support for the financial system saying the the credit crisis could turn much worse. Reuters writes that Microssoft (MSFT) will begin its…
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, US car sales are likely to have another large drop in August. Reuters reports that Bernanke would like to see broader regulation of the financial markets. Reuters reports that…
Douglas A. McIntyre So far there are some changes seen in the holdings of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is from A to…
Reuters reports that UPS (UPS) is trying to buy Dutch rival TNT Reuters writes that credit unions are being hit by mortgage market problems. Reuters reports that GATX (GMT) is offering over…
After Wal-Mart (WMT) announced its outstanding June numbers, Wall St. said the company was actually “recession proof”. Consumers, beat down by high gas and commodities prices, could turn to Wal-Mart to get…
The big theory after Wal-Mart (WMT) announced its June same-store sales was that the company was recession-proof. People were going from higher-priced retailers to Wal-Mart to save money because the economy was…
According to Reuters, the Fed will sit tight on rates as oil prices moderate. Reuters writes that Verizon (VZ) labor talks have continued past their dealine. Reuters reports that Chrysler renewed its…
Most of the executives at Siemens (SI) are being dragged off in handcuffs as part of the prosecutions in the company’s bribery scandal. But, the few managers who remain are doing a…
Douglas A. McIntyre GE (GE) has elected not to sell any of its really core assets. Instead, it has elected to resturcture its major divisions and shuffle management. The move may work, but it could…
Douglas A. McIntyre