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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
- The Macro View -SampleSeeking Alpha - The Macro ViewMarket Outlook
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
Oil Price- Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning
- Oil Down 48% from Highs by Bespoke Investment Group
- Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon
Economy- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
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- Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham
- Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham
- Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham
Long Ideas- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- The Long Case for Encore Capital by Value Investor Insight
- 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
- Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham
Short Ideas- Why Short Sellers Are the Heroes of Wall Street by Investment U
- Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle
- Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger
- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
- eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman
- Is Google Feeling Lucky? by Sam Gustin
- Why Today Could Suck for Tech by Kevin Maney
Media- A Triple Financial Whammy Afflicts Newspapers by Ken Doctor
- Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld
- How Will Arbitron Fare in This Market? by Sreeni Meka
Telecom- Ten Ways to Invest in Louisiana by Stockerblog
- Earnings Preview: Electro-Optical Engineering by theflyonthewall.com
- Shared Docks Via WiFi All the Rage by Dean Bubley
Financial- Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson
- Reality Bites As Stocks Continue To Collapse by The Mole
- LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald
- Global Markets -SampleSeeking Alpha - Global MarketsChina
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript
- Perfect World Announces Share Repurchase Program by Trader Mark
- China: Hot Money Inflows Down, Nervousness Up by Michael Pettis
India- Indian Economy Has Much to Cheer About by Equitymaster
- India: RBI Cuts Cash Reserve Ratio by Equitymaster
- India: Markets Continue Downward by Equitymaster
Japan- Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media
Asia- Four International Dividend Stocks to Watch by David Hunkar
Eastern Europe- Reality Bites As Stocks Continue To Collapse by The Mole
- Alternative Energy Investing -SampleSeeking Alpha - Alternative EnergyAlternative Energy
- Seven Stocks for an Impending Apocalypse by H.J. Huneycutt
- Solar Shares Under Pressure From Credit Crunch and Pricing by Eric Savitz
- Trina Solar Looks Good, Though Market Yawns by Trader Mark
- The Electric Car Market: Wise Energy Use Stocks by Tom Konrad
- Investing in the Power of the Sea
- ETF Daily -SampleSeeking Alpha - ETF DailySector ETFs
- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
New ETFs- First Trust Launches Infrastructure ETF with Global Reach by Index Universe
- Overview and Analysis of the Global Generic Drug Industry by Mike Havrilla
Emerging Market ETFs- Brazil Is the Best of BRIC by Carl T. Delfeld
- Playing the Market in Difficult Times by Jason Hamlin
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US Market- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
Housing & Real Estate- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono
Transcripts- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
- Polycom, Inc. Q3 2008 Earnings Call Transcript
ETF- Too Early To Buy Homebuilders ETF by Larry MacDonald
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Latest Comments97 Comments
Apple's Next Big Content Push?
I think he will spend a year or two innovating a totally new turbocharged distance learning educational model. I imagine it would include 'live' video chat classes and team meetings.
From all parts of globe: On Macs/PCs AND iPhone/touch
- Prof and class sees every student via iChat,
- Slides, docs, screens. media shared w/ students being able to mark these up in real time.
- Teams able to work together and 'cloak' themselves from other teams.
- Advanced record keeping of class grades, tuition, purchases
- Advanced support of testing
- Easy creation of ad hoc team chat rooms (video face to face)
- Continued R&D to make the experiences as real and easy as possible.
Is Apple Set to Make Its Own ARM Chips for the iPhone?
All Apple is doing is leveraging it's unbeatable OS through phenomenal creation, integration and marketing of great products and systems.
(If you ever been to Apple's NYC 5th Ave glass box, you've also experienced a strong dose of Apple's temple architecture marketing on the side.)
"Apple is a one trick pony," says Ballmer, but what a pony!
ETF Spreads Widen Substantially from a Year Ago
Then, I choose to either re-ask a little lower to close or leave my ask where it is and check in a few hours. I never sell at the bid. Visa Versa when I'm buying.
This is not rocket science, Mathew.
Why are you advising people to accept the current bid/ask spread as if it were the LAW? You should be sharing (w/ a little more depth) how you go about bidding and asking within the spread, No?
Who Will Win the Home Entertainment Battle?
I believe the next release will include the same integrated nVidia GPU we find in the MacBook line. (They might even include a DVD, but not BD.)
And then, their own 'Tivo' functionality.
Apple TV 3 (my guess here) would support downloaded content, Walmart content, DVR content, reliability, security, ease of use, and
GAMES as in the Wii genere.
If Apple delivers this, we'll have a whole new ball game. Why?
They'll deliver with brilliant marketing.
Apple's FY09 Gross Margin Expectations Are Too Low
Thanks. You, along with Andy Zaky at bullcross.blogspot.com and Daniel Elger at roughlydrafted.com are the three musketeers in the Apple blogosphere.
I welcome the heightened attention you three are getting from the MSM. Congratulations.
You're getting my Pulitzer.
Jobs Has Sold His 10 Million iPhones
Ouch! You really blew it here.
Better luck next time.
Practice. Practice. Practice.
Revisiting the iPhone’s Browsing Market Share (Part II)
Easy to say. It's a meme. On your 1 you did receive 3 aggressively expressed comments from Apple fans, 1 from a Windoze guy, and 7 well behaved folks expressing skepticism with your mistaken conclusion.
I commend you for correcting yourself on the significance of AdMob, but I really didn't see much 'hate mail'.
Apple's 'Real' Earnings: Up Almost 125%
I'm wondering if this will be the last quarter where aapl adjusted numbers are ignored by MSAs (mainstream analysts).
I'm guessing some of them will ignore these adjusted numbers for several years hence.
What passes of for analysis is astounding! Ain't it?
Apple's iTunes Chump Change for Hollywood
Andrea,
Can you fill us in on how Apple revenues compare to competing download or streaming generated revenues?
These competitive numbers would be very interesting to consider.
Thanks.
Greenspan’s Monstrous Love Child: A Grim Bedtime Story
I salute your talent and compassion. Standing Ovation.
Research in Motion's Storm: Why It Matters
Any information on the Storm OS and how it compares to iPhone's OS X would be appreciated.
Big Hairy Question: Will the Storm ecosystem be competitive with Apple's iApps store relative to ease of use, reliability, security, low cost apps, total app downloads?
If not, the Storm will be stuck in the domain of a feature rich 'smartphone'. It will not be a platform ala Mac and Windows and, if that's the case, why are you even referring to the Storm "a rival to Apple's (AAPL) iPhone 3G"?
Diebold Caught Again in Politics of Technology
If true, Diebold will have to deservedly live with that remark undercutting it's reputation for decades.
Amidst Market Turmoil, Apple Has Unique Opportunity
$30B? I've only heard an estimate of $21B. (Did they invest in gold at $600?).
Time Not for a Bailout, But for Nationalization
You Wrote, "Oh my, Mr. Delong, you are a partisan leftist socialist, yes? "
And I write,
"Oh my, Purl Gurl, you are a partisan idiot, yes?
Not good to call people names. (Irony intended.)
SEC Retires 'Moron du Jour' Title
F^&%*&%king up our country - Priceless.
I regret he's too ignirantly conceited to realize what he's done. He'll probably live the reat of his life happy with the job he did.
"Bushie, you've done a heckuva job."
I wonder whether having someone other than Cheney run the country might have worked better.