Two of the biggest acquisitions of Computer Services Industry members, Affiliated Computer Services and Perot Systems occurred during the month of September of 2009. The acquisitions of these two respectively by Xerox and Dell indicate that a major shift is going on as those companies who manufacture and sell computers and office equipment are seeking [...]
Last night (Thursday September 17, 2009) after the close Palm, Inc. (NASDAQ:PALM), announced its quarterly results. The company beat the losses that Wall Street had anticipated and also generated more sales than had been projected. In today’s trading its shares fell by 4% because the company also announced that it was going to offer 16 [...]
This morning Bear Market Boot Camp will cover the shares of six companies. The fact that low quality financials are dominating the volume on the NYSE is not a good sign. On Monday and Tuesday of this week four financial companies generated 40% of the volume on the NYSE. They were Citigroup, Bank of America, [...]
Market up 68 points yesterday. Eight Dow Stocks down yesterday. Led by AA down 3.69%. CVX, DD, XOM, MRK, PFE, KFT all up by approximately 2% or more
Unemployment claims unexpectedly rise
Stabilization of German economy may not last
German economy data better than expected over last quarter. However, strength was due to its cash for clunkers and [...]
Dow stocks down yesterday, Only KO and PFE were up nominally. Biggest loser was Alcoa, which was down 6%.
The Producer Price Index (PPI) was released this morning and came in below the estimates. According to the latest data the PPI was down by a record 6.8 percent lower in July. They had been forecast to [...]
Two of the companies, which were featured on the “Bear Market Boot Camp” show on LiveStream.com on July 28, 2009, were analyzed because they made StockTrendNews.com headlines. Both were selected for the show because they have cash flow fundamentals for their quarter just ended June 30, 2009. They are Amazon (NASDAQ:AMZN) and Alexion Pharmaceuticals, Inc. [...]
The major indices closed on their highs for the week ending Friday July 24th. The big week was propelled by the failure of the Obama administrative to get new health care legislation passed before the August recess.
On Friday the Dow 30 Industrials composite was led by the three drug stock components, Merck, (NYSE:MRK), Pfizer, (NYSE:PFE) [...]
All Dow stocks up yesterday. The big news is that two of the members of the Dow 30, C and GM were both removed. GM was the second oldest member of the Dow since 1925. The oldest Dow member is GE.
The two replacements are CSCO and TRV. Travelers inclusion into [...]
By: John Rosenthal
April 13, 2009
THE GIANT
Sears Holdings Corp.
The retail business has been under siege for months, but the problems at Sears predate the downturn.
In 2002, the Hoffman Estates-based retail giant reported significant problems collecting payments from its credit card users, contributing to a stock drop of more than 50%. The share price ultimately recovered, reaching [...]
There is another new trend that I find to be especially troubling. It is the fact that many public companies are significantly increasing risk because they are stripping the cash out of their Balance Sheets to execute share buybacks. Even though the brick and mortar retail jewelry business of Zale Corp (NYSE:ZLC) and the online [...]