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Tuesday, August 26th, 2008Food chains and retail come into play this time of the year and most investors take this serious because of the whole market slow down. Investors look to this most of the time to be a safe haven for the end of the year.
* Big Lots (BIG): Q2 EPS of [...]
Earnings Monday After Close
Tuesday, August 26th, 2008Winn Dixie comes out with there earning which was a bit of a surprise to most but still not so bad.
Winn-Dixie (WINN): FQ1 EPS of -$0.10 misses by $0.01. Revenue of $1.69B (+0.8%) in-line. Shares -2.7%.
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What You Need To Know ABout Wall Street
Tuesday, August 26th, 2008# Freddie sells $2B in debt, eases bailout worries. Freddie Mac (FRE) easily sold $2B in short-term debt on Monday, providing welcome reassurance to investors worried about Freddie Mac and Fannie Mae’s (FNM) ability to fund operations without government help. Freddie’s stock jumped 17% to $3.29, and Fannie gained a more modest 3.8% to $5.19. [...]
Options Update For Friday 8/22/08
Saturday, August 23rd, 2008Rebecca Engmann Darst contributed to this report.
Lehman Brothers (LEH) – Shares in Lehman Brothers bounded sharply out of the gate with a 10% gain to $15.09 on speculation that the firm might be bought by Korea Development Bank. The move in Lehman comes a day after respected analyst Richard Bove floated the notion of Lehman’s [...]
Cramers Take On Coke vs Pepsi
Wednesday, August 20th, 2008Since a sector accounts for 50% of a stock’s performance, Cramer gives up to five points on his 10-point scale for companies operating in good industries.
* Normally in these conditions Coke and Pepsi would be the perfect plays, but Coke admitted to feeling some economic pressure recently. So Cramer’s only willing [...]
Bearish Calls
Wednesday, August 20th, 2008 Talbots (TLB) — “Urban Outfitters and TJX are better retail stocks. Why reach down to Talbot’s. Take profits on Talbot’s. Sell, sell, sell.”
Vale (RIO) — “This is a commodities bear market. This stock has done nothing but come down. I personally feel there is some real value [...]
Wall Street Over Look With Oil Prices
Tuesday, August 19th, 2008 Freddie Mac (FRE) and Fannie Mae (FNM)
“What we have today is just some serious profit taking,” Jim Cramer told viewers. He described today’s market action as simply giving up some gains. Cramer explained that while the market considers the repercussions of a possible government takeover of Freddie [...]
Todays Markets At A Glance
Monday, August 18th, 2008* Asia markets closed lower, with the exception of Tokyo. Nikkei +1.12% to 13,165. Hang Seng -1.09% to 20,931. Shanghai -5.34% to 2,320. BSE -0.53% to 14,646.
* European markets are higher at midday. London +0.3%. Paris +0.8%. Frankfurt +0.2%.
* U.S. futures are up at 7:10 AM. Dow +0.27%. S&P +0.27%. Nasdaq +0.32%. Crude +0.2% to [...]
Must Know About Wall Street
Monday, August 18th, 2008# ARS deals ignore some. Recent pacts between NY AG Andrew Cuomo and Wall Street brokerages (C, UBS, MS, JPM, WB) fall short of helping individual investors who didn’t buy their auction-rate securities [ARS] directly, but rather through smaller wealth-management houses. “This is a glaring oversight,” one investor - who bought Goldman Sachs- (GS) issued [...]
Today’s Markets
Tuesday, August 12th, 2008* Asian markets closed lower on Tuesday. Nikkei -0.95% to 13,304. Hang Seng -1.0% to 21,641. Shanghai -0.52% to 2,457. BSE -1.88% to 15,213.
* Europe at midday: London +0.2%. Paris +0.05%. Frankfurt -0.05%.
* U.S. futures at 7:10 AM: Dow -0.08%. S&P -0.04%. Nasdaq +0.15%. Crude -0.74% to $113.63. Gold -0.65% to $822.80.
* Tuesday’s economic calendar:
7:45 [...]