Economy Blog » 2008 » February

Economy Blog
Everything about the economy in a single blog

RSS | Visita nuestra web

Me Media Watch: CNBC Squawk Box Monday

I’m on CNBC’s Squawk Box this Monday at 8am talking about Yahoo’s impending rejection of Microsoft’s unsolicited bid.
…
Original Source

9 February, 2008| Economy | Comments (0) admin @ 22:58

Yahoo: Rejecting Microsoft; Entering the Bargaining Stage

With news that Yahoo is set to reject Microsoft’s unsolicited offer for its shares, Yahoo is entering the bargaining stage in the Kubler-Ross five-step model of loss. It starts with denial, of course, then anger, then bargaining, which is where we now are with news that Yahoo is set to reject Microsoft’s unsolicited $31/share takeover offer. Is Yahoo right to bargain? Sure. Most sum-of-parts analysis of Yahoo — my own included — puts Yahoo’s breakup value somewhere between $35 and $42, depending on how much you want to trust the valuations of Alibaba and Yahoo Japan. That’s materially over Microsoft’s offer, doubly so if you consider that Microsoft has a legitimate strategic interest in owning Yahoo, making this more than a purely valuation-driven exercise. …
Original Source

9 February, 2008| Economy | Comments (0) @ 22:50

The Money Column

Whew. This week was like a tornado. Tons of meetings, conference calls, closing some investments, monetizing others and then the Money:Tech conference. Where to start…

Money:Tech 2008

First, the conference. Tim O’Reilly’s brainchild, hosted and facilitated in grand fashion by P…
Original Source

9 February, 2008| Economy | Comments (0) @ 21:53

Mike Huckabee on Jim Cramer’s Mad Money Video

…
Original Source

9 February, 2008| Economy | Comments (0) admin @ 21:32

Ladies Night Revisited

Cramer went back to the Ladies Night and did his homework on a stocks talked about. First was Flower Foods Inc. (FLO). This stock was right two weeks ago but Cramer thinks the stock is now a sell after spiking over 13% on an earning beat in the face of rising wheat costs. Right now it is just too risky a play to get into. Another play was PharMerica Corporation (P…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:41

Business Week. Earnings kick off.

MondayEconomic: NAEarnings: Schnitzer (SCHN), Immucor (BLUD)TuesdayEconomic: Pending Home Sales (-.5%)Earnings: Acuity (AYI), Constellation Brands (STZ), KB Home (KBH), RPM (RPM), Oxford (OXM), Xyratex (XRTX), Apollo (APOL)WednesdayEconomic: NAEarnings: Mosaic (MOS), Alcoa (AA)ThursdayEconomic: Weekly Claims (345K), Weekly Crude, “BernankeSpeak”Earnings: M&T Bank (MTB), MGIC Investment (MTG), IHS (IHS), Shuffle Master (SHFL), Synnex (SNX)…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:40

Skyworks Solutions Inc. CEO Interview

For cell phones Nokia Corporation (NOK) is the top dog, but since the start of the show Cramer has been behind Skyworks Solutions Inc. (SWKS). This is a company that makes semiconductors and chips for cell phones and CEO David Aldrich called in today. Aldrich talked about the dramatic upgrade cycle in the industry as people upgrade phones. It is S…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:40

Brazil Plays: Gafisa S.A.

Today is Cramer’s last Brazil pick was his best in homebuilder Gafisa S.A. (GFA) as this is a play on a “money lending revolution.” The country has passed new laws making it easy for banks to repossess homes of buyers who have defaulted on loans. In the past it took up to eight years to seize property. Now the law makes it doable within a year and this makes banks more willing to lend making the housing market en fuego. G…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:40

Global stocks listed on local stock exchange.

This week Prague Stock Exchange welcomed two companies from abroad. First is from Austria, Vienna Insurance Group which is traded in main segment SPAD. Next emission is on second (electronic) market RM-SYSTEM. This time is coming from Finland, it is Nokia (NOK). After Deutsche Bank AG (DB), Nokia is second foreign stock listed on electronic exchange. Share prices are converted to Czech Koruna CZK.The intention for listing foreign stocks on electronic market and lowering trading commissions helped to increase trading volume on RM-SYSTEM and reached record turnover in 2007. Market is enough liquidity now and it is right place to be for small and mid size investors.h…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:39

Jim Cramer’s Game Plan

The Game Plan this week was about three letters and one word: L, U, V. The V recovery people think the economy is going to snap right back because of the Fed cuts. They are buying the homebuilders and bond insurers like Toll Brothers Inc. (TOL), Pulte Homes Inc. (PHM) and DR Horton Inc. (D…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:39

Financial Business Week.

MondayEconomic: NAEarnings: FCStone (FCSX), M&T Bank (MTB)TuesdayEconomic: Retail Sales (.1%, .1%), PPI & Core (.2%, .2%), Empire (10.0), Biz’ Inv’s (.4%)Earnings: Citigroup (C), State Street (STT), US Banc (USB), New Oriental Ed’ (EDU), Intel (INTC)WednesdayEconomic: CPI & Core (.2%, .2%), IP & CU (-.1%, 81.3%), Fed’s Beige BookEarnings: AMR (AMR), JP Morgan (JPM), Progressive (PGR), Wells Fargo (WFC), Logitech (LOGI), Rambus (RMBS)…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:39

Jim Cramer’s Lightning Round

BullishSchering-Plough Corporation (SGP), MasterCard Incorporated (MA), WellPoint Inc. (WLP), ConocoPhillips (COP), Sirius Satellite Radio Inc. (S…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:39

Tech Business Week. Nokia and Motorola.

TuesdayEconomic: NAEarnings: BofA (BAC), CSX (CSX), DuPont (DD), J & J (JNJ), Suncor (SU), Waters (WAT), Apple (AAPL), Cree (CREE), HOKU (HOKU), Texas Instruments (TXN)WednesdayEconomic: NAEarnings: Air Products (APD), Alleghany (ATI), Coach (COH), Conoco (COP), Motorola (MOT), Pfizer F5 (FFIV), Gilead (GILD), Hexcel (HXL), QLogic (QLGC), Qualcomm (QCOM), Stryker (SYK), Western Digi (WDC)ThursdayE…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:38

Business Week. Yahoo and Pepsi.

MondayEconomic: New Home Sales (645K)Earnings: Black & Decker (BDK), Corning (GLW), Halliburton (HAL), McDonalds (MCD), Verizon (VZ), Airgas (ARG), American Express (AXP), Cemex (CX), SanDisk (SNDK), VMware (VMW)TuesdayEconomic: Durable Orders (2.0%), Consumer Confidence (87)Earnings: 3M (MMM), Burlington (BNI), Cardinal (CAH), Dow (DOW), EMC (EMC), Peabody (BTU), Smith (SII), Pepsi (PBG), Valero (VLO), Chubb (CB), Cymer (CYMI), Yahoo (YHOO)…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:37

Business Week. Cisco and Disney.

MondayEconomic: Factory Orders (2.0%)Earnings: Archer Dan (ADM), Clorox (CLX), Humana (HUM), Illumina (ILMN), Rambus (RMBS), LV Sands (LVS), YUM Brands (YUM)TuesdayEconomic: ISM Services (53)Earnings: CME Group (CME), NYSE (NYX), Tyco (TYC), Whirlpool (WHR), Bankrate (RATE), Invitrogen (IVGN), Riverbed (RVBD), Disney (DIS), XL Capital (XL)WednesdayEconomic: Prelim. Productivity (1.0%), Weekly Crude, Pending Home Sales, Consumer Credit (8.0B)E…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:36

Global fixed income with high yield.

ETF market is booming. On the other side the old kind of exchange traded mutual funds are loosing vogue. Currently you can find plenty of ETF specialty like global equity, sector’s niche, currency ETF and also with fixed income. But the offer for fixed income ETF is quite limited. Mostly focused only on US government, corporate and municipal bonds. Investors looking for global exposure can choose among closed end funds. Except US and other major economies you can find also very exotic investment. I’ve listed below the highest yielding CEF. Majority of them are keeping bonds from emerging markets like Brazil, Russia, Turkey, Mexico, Eastern Europe. High yield is compensated by lower rating than US bonds are having….
Original Source

9 February, 2008| Economy | Comments (0) @ 18:24

Total writedown and credit losses due to subprime crisis.

Table below contains all write-down and credit loss for major world banks and brokerages. Up to now total amount is 146 billion USD. Report shows impact of financial crisis from the beginning 2007 till now. Numbers are including subprime and mortage writedowns, credit losses, reserves for bad mortages and loans.Numbers are in bln USD at 31.Jan 2008. Data are purged from profits from financial hedging….
Original Source

9 February, 2008| Economy | Comments (0) @ 18:19

Yahoo!’s (YHOO) Demented Board

Yahoo!’s (NASDAQ: YHOO) board will presently reject a $31 a share buy-out bid from Microsoft (NASDAQ: MSFT), according to The Wall Street Journal. The group thinks the offer is undervalued and will not look at any offer under $40 a share. For the record, Yahoo!’s shares have been above $40 only very briefly in the last five years. That was in late 2005 and early 2006. Only five weeks ago, the traded below $19. The question becomes whether there is any case to be made that the Yahoo! board is acting as proper fiduciaries. The answer is almost certainly “no.”…
…
Original Source

9 February, 2008| Economy | Comments (0) @ 18:11

US stocks back in green.

Today we can see session again with high volatility. In contrast to previous days today it looks more in favour of bulls. If you look at the chart Nasdaq bottomed with similar candlestick as on August. If this is really short-term bottom we will see in following days. I think important is awaited earnings kick off which coming to the street today. After closing bell Alcoa (AA) releases earnings result….
Original Source

9 February, 2008| Economy | Comments (0) @ 17:54

US markets extend losses.

Not even today’s Bernanke’s and Bush’s call for stimulus package are helping markets stop losses. Broad indices are approaching bottoms created on March 2007 after China sell-off. Technical chart shows us that Nasdaq Composite is really close to that bottom which is on 2331 points. Negative sentiment is fuelled after Merrill Lynch (MER) revealed write down by almost 10 billion USD. Only during last year shares lost 42%. Let’s see FED action during next meeting which takes place on 30. January or maybe earlier if there is emergency meeting. My expectation is 50 bp cut….
Original Source

9 February, 2008| Economy | Comments (0) @ 17:54

Siguiente página

Sitios de Webalalza

Sites of Webalalza

Categories:

Economy

February 2008
S	M	T	W	T	F	S
« Jan				Mar »
					1	2
3	4	5	6	7	8	9
10	11	12	13	14	15	16
17	18

Economy Blog Everything about the economy in a single blog

Sitios de Webalalza

Sites of Webalalza

Economy Blog
Everything about the economy in a single blog