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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
- Reality Bites As Stocks Continue To Collapse by The Mole
- Investing Ideas -SampleSeeking Alpha - Investing IdeasCramer's Picks
- 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
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- 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
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- The Daily Dispatch -SampleSeeking Alpha - Daily DispatchWall Street Breakfast
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
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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Apple Supply Chain Checks Show New Cheaper iPhone, Shuffle, MacBook Coming
Is Apple the Beacon of Light In This Dreary Recession?
I'm long Apple since 2004, but this wonder stock has lost it's luster and very unlikely to return to it's former shine any time soon regardless its reserve cash or incoming revenue.
Sector Overview: Handsets
If Nokia continues to copy the iPhone long enough they may eventually come out with something close to an iPhone killer. Maybe one that's a bit thinner than the present brick they're trying to pass off an iPhone contender. Nokia makes some gorgeous handsets, but they should stick to cramming in as many hardware features as possible and label it a wonderfully full featured handset. Just stay away from saying it's as good as an iPhone.
www.youtube.com/watch?...
Apple Could Get a Boost From iPhone's Introduction to China
Apple Analysts Reality Check: Bear Rally Is Over
Can You See Apple Under $60?
Apple's stock price will not shoot through the roof no matter how good a holiday they have. No company can do this in a poor economy. I agree that Apple will have another $2 billion in cash reserve, but that's about it. Investors will see next to nothing in share price rise. Or they'll see a quick jump and then watch it disappear in a week.
I'm only giving my opinion, not a guaranteed prediction.
Risks Remain, But iPhone's Fundamentals Should Help Apple Surpass Expectations - RBC Analyst
Apple will most likely have a slight fall in sales but assuredly do far better than the rest of the computer and handset companies this holiday, and I guess that will have to be sufficient. I doubt if there are very few analysts that ever leave their office. Maybe they just use the telephone to get the feel of sales. Maybe they just watch the news channels on TV. Most likely they just draw assumptions based hearsay. I'm rather puzzled why Apple stores stay crowded when the rest of the mall isn't and yet Apple still falls into the category of getting less projected sales.
Yet another year gone with no China iPhone sales. Not that they can actually be depended upon for buying massive quantities of iPhones in the future as everyone hopes.
Chinese Paper Reports Reduced Apple Notebook Orders
Who Will Take GM's Place in the Dow?
Apple's Future in the Mobile Phone Market
I'll be glad when WIMAX becomes dominant. I think Apple will really be able to cream the current handset industry.
Running The Numbers – Apple Looks Cheap
Now What for Apple Investors?
Why buy right now? When is the right time to load up on more Apple shares? People were saying that Apple hit a bottom near $150, yet it continues to slide. Who knows exactly when? Maybe the stock will get down to $120 again. Is Zach wrong to say that? Do you believe he's jinxing the stock or something. I'm not happy at the Apple share price decline at all, but I think most of you should put the blame on mortgage lenders, the banks and overleveraged financial institutions. Most of those people are now paying for their greed, ignorance or deception.
Why bother to come to this site if you don't like his opinions about Apple's performance? If you all really believe that Apple is in the best position of all tech companies to turn around once the economy stabilizes, then what difference does it matter what Zach says. If you really have faith in Apple, then what he says shouldn't sway you from purchasing more shares to prove him wrong. OK, he shorts Apple to make money. I think that most of us want to make money, since that's why we're into the stock market. He can't force any of you to sell off your stock if that's his goal. If this site can really manipulate Apple stock price, then he truly has a great power.
I am an Apple fanboy and I've been using Apple products for years through good times and bad. I want Apple to make money and I'm in it for the long-term growth. I honestly believe in a good economy the share price can go over $200. Just not today or even this year. I'm not blaming Zach for this mess. I personally don't think he has enough influence over the whole market to send it into a tailspin. If I don't wan't to hear what he's saying, I won't click on the link anymore. If his view is so cockeyed, then I'd also advise the rest of you to avoid clicking on his link.
CE Spending Looks Dismal - But Macs Set to Hit New All-Time High
Has Apple Hit a Wall in Music Innovation?
And these media people have the nerve to say these Apple products fall below their expectations. Is it because the other companies offerings are so much better or less expensive? Do the other companies products last longer or have better finishes? These Apple products seem fairly elegant to me. Maybe they don't have the hardware features or codecs that come with a top Archos media players, but you can't exactly fit those devices in your pocket as easily. Apple just went with small size and ease of use.
Any product can fail to meet expectations if they're going by what can be dreamt about in a world where money is no object, but how can Apple produce affordable products and still have every feature you can imagine in a slim, pocketable product.
I think the new Nano is a work of art. I much rather prefer having a Touch, but that Nano seems to be a very classy handheld media player in a rather small package. I'm having a hard time figuring what people actually expect each year from Apple when most of the other tech companies are barely keeping up with Apple in the handheld media market.
Apple: Major Bounce or Major Breakdown?