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Archive for September 24th, 2009


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Philips knows its light tech investments will pay off

Thursday, September 24th, 2009

Filed under: Stocks to Buy I’m reiterating my Buy rating for Koninklijke Philips Electronics NV (NYSE: PHG ), commonly known as Philips, first recommended on June 2, 2009 at a price of $20.30. If you purchased PHG then, you’re up about 20%

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Philips knows its light tech investments will pay off

New jobless claims drop last week

Thursday, September 24th, 2009

Filed under: Forecasts , Good news , Employees , Market matters , Money and Finance Today , Economic data , Workspace , Federal Reserve , Recession , Financial Crisis We got a bit of surprising news today, hearing that new jobless claims fell to 530,000 last week. Going into today’s announcement from the Department of Labor, analysts had been expecting to see an increase of 5,000 new jobless claims last week.

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New jobless claims drop last week

The G-20 meets in Pittsburgh, and expectations are low

Thursday, September 24th, 2009

Filed under: International markets , India , China , Brazil , Russia , Mexico , Canada , Japan , Recession , Financial Crisis The G-20 is meeting again, this time in Pittsburgh, and as is so often the case when the world’s industrial powers gather, the operative phrase is ‘lower your expectations.’ What can investors look for? Well, one thing investors should not look for is any G-20 type of action on banker compensation/bonuses, other than a call for each nation, ‘to do more to ensure that constructive incentives are in place’ to prevent a repeat of the lending practices/perverse incentives that helped trigger the global financial crisis. There is support for compensation caps in Europe (except Germany); however, the United States and United Kingdom oppose them, so the issue is a non-starter.

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The G-20 meets in Pittsburgh, and expectations are low

KB Home third quarter earnings preview

Thursday, September 24th, 2009

Filed under: Earnings reports , Forecasts , Competitive strategy , KB HOME (KBH) , Housing , Recession , Financial Crisis California based home builder KB Home (NYSE: KBH ) will have its turn to impress Wall Street Friday morning when it reports its third quarter earnings numbers. The last time that KB Home reported earnings was back on June 26 when it missed analyst estimates miserably

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KB Home third quarter earnings preview

Intercontinental Exchange: Recent pull-back is buy opportunity

Thursday, September 24th, 2009

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Filed under: Stocks to Buy I ntercontinental Exchange (NYSE: ICE ) is a stock that’s underperformed since the June 2, 2009 Buy recommendation at a price of $115.15 per share. But so far, place ICE in the category of a ‘tired stock,’ not a ‘broken company,’ hence I’m Reiterating the June Buy rating

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Intercontinental Exchange: Recent pull-back is buy opportunity

Pillsbury helps General Mills pop … hehehehe

Thursday, September 24th, 2009

Filed under: Earnings reports , Forecasts , General Mills (GIS) Those Cheerios commercials must be working. General Mills (NYSE: GIS ) reported on Wednesday that its profit for the first quarter of its fiscal year spiked 51% , thanks to a hefty dose of product demand and lower costs for ingredients. Of course, this beat the hell out of analyst expectations.

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Pillsbury helps General Mills pop … hehehehe

Google’s hungry, looking for a new company every month

Thursday, September 24th, 2009

Filed under: Google (GOOG) , Technology Some people join wine-of-the-month clubs. There are plenty of other programs out there, too, where your credit card is hit every month, and your purchase is sent to you directly

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Google’s hungry, looking for a new company every month


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