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Archive for October 19th, 2009


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Coca-Cola third quarter earnings preview

Monday, October 19th, 2009

Filed under: Earnings reports , Forecasts , Products and services , Consumer experience , Competitive strategy , Coca-Cola (KO) , PepsiCo (PEP) , Market matters , Recession Soft drink giant The Coca-Cola Company (NYSE: KO ) will be reporting its third quarter numbers tomorrow before the market opens. The last time that Coca-Cola reported earnings was back in July when the company beat out analyst estimates by 3 pennies with a reported 92 cents per share.

Continued here:
Coca-Cola third quarter earnings preview

CME Group to accept gold as collateral

Monday, October 19th, 2009

On Friday October 16, CME Group (NYSE: CME ) decided that it wants to allow customers across the globe to use gold, physical gold, as collateral on all of its exchange products (alternative investment products, futures and options, etc). The member notice was sent out on late Friday, giving instruction on how the use of gold would work

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CME Group to accept gold as collateral

Verizon: It’s hard to beat modest growth with safety

Monday, October 19th, 2009

Filed under: Verizon Communications (VZ) , Stocks to Buy Verizon Communications’ (NYSE: VZ ) shares have pulled-back from a high above $32 registered earlier this year, but you can view this move lower as a way to establish or to add to a VZ position, which is I’m reiterating my Buy rating for the company, first recommended on February 12, 2009 at a price of $29.86. Verizon, which boasts 6 million landline subscribers, is still viewed by institutional investors as more old economy than new economy — this despite being the largest wireless carrier in the U.S. with about 88 million wireless subscribers

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Verizon: It’s hard to beat modest growth with safety

White House tones down executive pay rhetoric

Monday, October 19th, 2009

Filed under: Politics The Wall Street Journal reports (subscription required) that “Administration officials on Sunday criticized Wall Street banks over their high compensation packages and their lobbying against plans to tighten financial regulations. But the administration’s tone appeared muted compared with attacks made earlier in this year, as Democrats — with an eye toward the 2010 midterm elections — seek to put a positive spin on recent economic developments.” It’s easy to understand why the Democrats are toning down the rhetoric: They passed an unprecedented corporate welfare package, and pledged to clamp down on compensation practices that encourage excessive risk.

The rest is here:
White House tones down executive pay rhetoric

Wall Street didn’t want to play with Hasbro after Q3 results

Monday, October 19th, 2009

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Filed under: Earnings reports , Mattel, Inc (MAT) , Hasbro Inc (HAS) Hasbro (NYSE: HAS ) isn’t doing too well today. Shares of the toy entity are down 3.5% at the time of this writing in early afternoon trading. Third-quarter results are the catalyst, apparently

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Wall Street didn’t want to play with Hasbro after Q3 results

GM can’t find a new CFO who will work for peanuts

Monday, October 19th, 2009

Filed under: General Motors (GM) The Wall Street Journal reports (subscription required) that “General Motors Co.’s search for an outsider to replace its chief financial officer is being complicated by the pay restrictions the Treasury Department is imposing on companies that received large bailouts from the federal government, according to people familiar with the matter.” GM is expected to be able to offer its CFO a pay package consisting of a significant amount of stock (Hah!) but a salary of only about $1 million per year — not much for a company of GM’s size and problems. Plus, ya gotta live in Detroit and work with Fritz Henderson

Originally posted here:
GM can’t find a new CFO who will work for peanuts


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