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Archive for July 9th, 2009


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Warren Buffett, tells us more!

Thursday, July 9th, 2009

Filed under: Other issues , Management , Rants and raves , Interviews , Market matters , Next big thing , Headline news , Recession , Financial Crisis This morning Warren Buffett was interviewed and said he would be in favor of the federal government passing legislation for a second stimulus bill — increasing the money supply again by gargantuan proportions. While “my pal” Warren got plenty of ink (and pixels) for his comments it left me wanting more.

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Warren Buffett, tells us more!

Don’t believe the headline hype on Alcoa

Thursday, July 9th, 2009

Filed under: Earnings reports , Alcoa Inc (AA) Aluminum producer Alcoa Inc.

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Don’t believe the headline hype on Alcoa

Reiterating: AT&T - Nothing phases ‘Ma Bell’

Thursday, July 9th, 2009

Filed under: AT and T (T) , Stocks to Buy I’m Reiterating my Buy rating for AT&T (NYSE: T ), first recommended on February 11, 2009 when T was priced $24.56. AT&T held support at $20 and although the market has been peppered with renewed concerns about a ‘late’ U.S. economic recovery (and an ‘even later’ global economic recovery), AT&T shares have held their own.

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Reiterating: AT&T - Nothing phases ‘Ma Bell’

Western Union: Technical indicators generate a Buy rating

Thursday, July 9th, 2009

Filed under: Western Union (WU) , Stocks to Buy This is a case in which the technical indicators have tipped the scale vs. the fundamentals. I’m issuing a Buy recommendation for Western Union (NYSE: WU ) after the stock held a key technical support level

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Western Union: Technical indicators generate a Buy rating

Market Snapshot: U.S. stock market awaits signs of revenue growth

Thursday, July 9th, 2009

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The lack of revenue growth from aluminum giant Alcoa and many of the other 29 companies that make up the Dow industrials is seen as a major factor contributing to Wall Street’s lackluster sentiment.

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Market Snapshot: U.S. stock market awaits signs of revenue growth

Bond Report: Treasurys fall after bond auction, jobless data

Thursday, July 9th, 2009

Yields climb from multi-month lows, after the government’s fourth and final major debt sale this week attracts sufficient investor demand.

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Bond Report: Treasurys fall after bond auction, jobless data

NewsWatch: Oil rises first day in seven after jobs data

Thursday, July 9th, 2009

Crude oil ends a volatile session slightly higher, after having tumbled 16% in the previous six sessions, as a newly released U.S. jobs report raised hopes about an economic recovery.

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NewsWatch: Oil rises first day in seven after jobs data

TiVo, Best Buy form alliance

Thursday, July 9th, 2009

Digital video recorder pioneer TiVo Inc. and electronics retailer Best Buy Co. said Thursday that they’ve formed an alliance that will greatly increase the number of TiVo devices available at the retail giant’s stores

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TiVo, Best Buy form alliance

Canadian Markets: Canada stocks rise after a string of losses

Thursday, July 9th, 2009

Canadian shares rise, rebounding after a string of losses as rising metals prices and positive economic data about the housing sector boost investor sentiment.

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Canadian Markets: Canada stocks rise after a string of losses

Capitol Report: For Obama, 60 may not be the magic number

Thursday, July 9th, 2009

As President Barack Obama’s agenda wades into a high-stakes summer, he’s already finding out that 60 isn’t necessarily the magic number in the Senate.

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Capitol Report: For Obama, 60 may not be the magic number


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