Friedman Billings Ramsey solar analyst Mehdi Hosseini this morning cut his 2009 EPS estimate for First Solar, asserting that the company’s new U.S. strategy of entering the distributed, rooftop segment - as opposed to the utility market - is “already facing headwinds.” Hosseini cut his 2009 EPS estimate to $6.90, from $7.08; for 2010 he goes to $6.61, from $7.68. (Yes, he now ...
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Big stocks fall below $10, 8 reasons to skip black friday sales & great paychecks for retirees - Today in Money 11/13
Filed under: Google (GOOG), Wal-Mart (WMT), Starbucks (SBUX), Intel (INTC), McDonald's (MCD), Citigroup Inc. (C), Money and Finance Today, Whole Foods Market (WFMI), Sears Holdings (SHLD), Southwest Airlines (LUV), RadioShack Corp (RSH), Limited Brands (LTD)In the News: · Wal-Mart Earnings Top Estimates, But Forecast Cut · Intel Slashes Outlook; Stock Plunges · Financial Cr...
As Market Plunges, Major Stocks Fall Under $10 (Part 2) (LTD, OMTR, RSH, RGS, SCOR, LUV, SBUX, WFMI)
It has been almost impossible for most stocks to avoid the carnage and mayhem of late. It is interesting just how many widely held stocks have broken under the $10.00 share price level today. This can screw up options trading and begins to genuinely worry investors who were already worried. Shares never dip under $10.00 because things are great. Limited Brands (NYSE: LTD) broke $10.00 Monday, ...
How much is a Billion Dollars? After an initial move into positive territory, the markets retreated into negative territory where they held through out the trading session. Leading the pack south was Goldman Sachs (NYSE: GS). In addition, Circuit City (NYSE: CC) filed for bankruptcy, just ahead of the holiday season. Its amazing how many billions, and billions of dollars were given to AIG, cour...
Daily Swing Trades Signals & Performance for November 10, 2008 Monitor performance on a daily basis of the five stock picks of the Daily Swing Trades. Barry Time L/S Symbol Entry Price Exit Price Exit Level Points Profit or Loss 9:37 AM L DNA 84.28 STOPPED S -1.00 -$1,000.00 9:33 AM S AEP 31.49 30.23 T3 1.26 $1,260.00 9:30 AM S ED 41.29 39.64 T3 1.65 $1,650.00 9:35 AM S WFMI 10.26 9.75 T3 0...
Earnings highlights: GM, Time Warner, Cisco, News Corp., Viacom, Revlon and others
Filed under: Earnings reports, Cisco Systems (CSCO), Time Warner (TWX), General Motors (GM), Viacom (VIA), Revlon (REV), Blockbuster Inc 'A' (BBI), Best Buy (BBY), Whole Foods Market (WFMI), News Corp'B' (NWS), QUALCOMM Inc (QCOM), Activision Inc (ATVI), Goodyear Tire and Rubber (GT), MBIA Inc (MBI), Marvel Entertainment (MVL)Here are some highlights from this past week's earnings coverage from...
Analyst upgrades, downgrades and initiations: ANF, WFMI, MIC, SNY, BMY, PFE, JNJ ...
Filed under: Analyst reports, Analyst upgrades and downgrades, Pfizer (PFE), Johnson and Johnson (JNJ), Bristol-Myers Squibb (BMY), Whole Foods Market (WFMI), Abercrombie and Fitch (ANF), Analyst initiationsAnalyst upgrades: Jefferies upgraded shares of Abercrombie & Fitch (NYSE: ANF) to Hold from Underperform on valuation. The stock has gone down 40% since they initiated coverage on Septem...
Filed under: Analyst reports, Analyst upgrades and downgrades, Adobe Systems (ADBE), Whole Foods Market (WFMI), News Corp'B' (NWS), Analyst initiations, Gilead Sciences (GILD)Analyst upgrades: Citigroup upgraded shares of Sovereign Bancorp (NYSE: SOV) to Buy from Hold on their belief Sovereign will merge with Banco Santander (NYSE: STD) according to the terms on their October 13 agreement. Jeff...
Good morning. There's a ton of data out on the economy this morning and none of it very positive. We have more mixed earnings reports and disappointing guidance, higher than expected jobless claims and a poor reading in the Monster Employment Index, news of more Wall Street layoffs, and weak same store sales reports. In addition, it appears by the losses in overseas markets that rate cuts by En...
Bank of England cuts benchmark interest rate by 1.5% to 3.0% and says “significant” cut needed to meet 2% target, revised down inflation outlook. Dow futures are down triple digit, not a good sign. Generally after a 90% down days one can expect short term rallies and that’s not what market is saying, at least as of this writing. Elsewhere in Asia, markets closed sharply lower ...
