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Archive for October 8th, 2009


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Southern Co.: A play for low-risk investors

Thursday, October 8th, 2009

Filed under: Stocks to Buy , Southern Company (SO) Southern Co.’s (NYSE: SO ) stock has meandered over the past four months, but rare is the day one should sell an electric power generation play. Hence, I’m reiterating my Buy rating for SO, first recommended on June 19, 2009 at a price of $30.61

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Southern Co.: A play for low-risk investors

How fragile are stock returns?

Thursday, October 8th, 2009

Filed under: Other issues Earnings season seems to be off to a promising start.

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How fragile are stock returns?

Pelosi: Congress weighing whether to extend, expand $8k home buyer tax credit

Thursday, October 8th, 2009

Filed under: Housing , Recession Perhaps the Democrats and Republicans can agree on one tactic capable of stimulating the U.S. economy: the $8,000 income tax credit for first-time home buyers

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Pelosi: Congress weighing whether to extend, expand $8k home buyer tax credit

34 banks fail to pay TARP dividends

Thursday, October 8th, 2009

Filed under: CIT Group (CIT) , Amer Intl Group (AIG) 34 banks opted not to pay their quarterly dividends to the Treasury Department in August — that’s up from the 19 deadbeats for the month of May. The biggest offenders were American International Group (NYSE: AIG ), CIT Group Inc. (NYSE: CIT ), First Bancorp (NASDAQ: FBNC ) , Sterling Financial Corporation (NASDAQ: STSA ), and UCBH Holdings, Inc

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34 banks fail to pay TARP dividends

Closing Bell: A great day that may feel empty (AA, PEP, VG, LEN, RPRX, PLUG, MMM, WFC)

Thursday, October 8th, 2009

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Filed under: PepsiCo (PEP) , Alcoa Inc (AA) , Lennar Corp’A’ (LEN) , Wells Fargo (WFC) , Vonage Holdings (VG) Today was one of those up-days that might be a disappointment to many bulls because the gap-ups were not met by follow-on buying throughout the day. A better weekly joblessness report may have been muted by Asian central banks intervening to protect the US Dollar.

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Closing Bell: A great day that may feel empty (AA, PEP, VG, LEN, RPRX, PLUG, MMM, WFC)

Salesforce.com: Buy on a pull-back

Thursday, October 8th, 2009

Filed under: salesforce.com inc (CRM) , Stocks to Buy There are stock plays, and then there are stock plays. Salesforce.com (NYSE: CRM ) was expected to advance when first recommended on June 18, 2009 at a price of $40.16. Instead, CRM raced ahead, surging 47%

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Salesforce.com: Buy on a pull-back

Dell and Google try to invade the iPhone’s territory

Thursday, October 8th, 2009

Filed under: Google (GOOG) , Apple Inc (AAPL) , Dell (DELL) It usually isn’t the biggest news in the tech realm when someone introduces a new phone, but the situation is a bit different when the phone uses Google (NASDAQ: GOOG ) software and is made for smartphones on the AT&T (NYSE: T ) network.

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Dell and Google try to invade the iPhone’s territory


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