Media Digest 4/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, GM (GM) has been told by Treasury to begin work on a bankruptcy. Reuters reports that China’s growth has started to move inland from the coast. Reuters reports that…
According to Reuters, GM (GM) has been told by Treasury to begin work on a bankruptcy. Reuters reports that China’s growth has started to move inland from the coast. Reuters reports that…
These are some of the broad upgrades and positive research calls from Wall Street analysts that we have seen this Tuesday morning: ABB (ABB) Raised to Buy at Deutsche Bank. Barrick Gold…
Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
It was probably predictable that the housing market would catch Home Depot (HD) from behind and drag it to the ground. That certainly happened last quarter. Home Depot reported a fiscal 2008…
The second group is out, and here are the year-end holdings of Warren Buffett and Berkshire Hathaway, Inc. (NYSE: BRK-A). This filing shows the holdings alphabetically as “H to R” for stocks…
JNJ Short sellers are not willing to bet that shares in large retailers or consumer products companies will go any lower. The are gambling that consumer spending has bottomed. Shares short in…
Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most since the government’s records began in 1967. The number of unemployed people…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco…
It seems impossible that a handful of companies could put nearly 80,000 people out of work in a day. Caterpillar (CAT), Pfizer (PFE), Texas Instruments (TXN), Sprint (S), and Home Depot (HD)…
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost confidence in business globally…
We have been tracking the layoffs and the weekly jobless claims to figure out what they mean for the economy. Just this morning we noticed many job cut announcements from companies.. Home…
The first reaction a lot of investors would have to Home Depot’s (HD) results is that they are bad. Very bad. The earnings beat Wall St. forecasts, but the firm’s comments about…
The Home Depot, Inc. (NYSE: HD) is set to report earnings on Tuesday morning before the open. This comes on the heels of its smaller rival Lowe’s Companies Inc. (NYSE: LOW), which…
These are some of the changes we have seen in the holdings of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is alphabetical from…
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress challenged banks on how they would use bailout funds. Reuters reports that…