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Reuters:   Richard Fuld defended his actions at Lehman. Reuters:   Manpower says the outlook for hiring is US is weak. Reuters:   Gold futures topped $1,000. Reuters:   Kraft (KFT) will...
Kraft (KFT) has made a $16.7 billion bid for Cadbury. The offer is about 30% above Cadbury’s current price. Not surprisingly, the offer is based on due diligence and financing, which may give...
Reuters:   Markets in Asia and Europe were mostly higher with many up over 1%. Cadbury rose on an offer from Kraft (KFT). Rio Tinto (RTP) rose. Reuters:   Kraft (KFT) bid $16.7 billion for...
Wasn’t it just last week that we were up eight days in a row on the DJIA?  And now we have a sell-the-news reaction to the recent growth numbers.  Maybe it is because we ran too far too fast and...
Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has released its Q2-2009  public equity holdings as of June 30, 2009.  There are some portfolio changes that have been seen here from the end of Q1 and...
We have seen several impact calls from analysts this Wednesday morning.  These are major stocks which have been given positive research calls and upgrades. Cisco Systems (CSCO) Raised to Outperform...
American companies are increasingly offering products for $1 or less. Some are among the largest firms in the United States such as Wal-Mart (WMT) and McDonald’s (MCD). Other are smaller but use...
It has begun to dawn on more and more large companies that high-priced goods are costing them sales during the recession. Maybe the only way for them to hold onto customers is to offer some products...
The first quarter of 2009 Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings are now out for the cut off date here of March 31, 2009.  There are some changes from the end of...
Investors flock to defensive stocks in times of trouble and and when they worry, assuming they look to stay in the market when they are worried.  But if the trend here continues, this may be one of...
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors....
We still have well over two-hours until the opening bell this Thursday morning.  So far we have seen many select upgrades and downgrades from Wall Street analysts.  Here is what we have seen so...
It’s another rough trading day in the stock market.  It is bad enough that the DJIA is down over 3% to decade lows and under 7,000… But even almost all of the defensive stocks are down today. ...
Everyone wants to know what the Oracle of Omaha is up to.  The great Berkshire Hathaway Inc. (NYSE: BRK-A) stock has proven to be far from immune to the woes of the market and was down 50% from its...
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image...