Archives for May 2009
UBS – Dangerous Conditions with Gold, Oil, and USD
cnbc.com – Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights of the US dollar, which fell to a five-month low …
(2)Q1 2009 GDP Report Misses, Drops -5.7%
Released on 5/29/2009 8:30:00 AM For Q1:09 Previous Consensus Consensus Range Actual Real GDP – Q/Q change – SAAR -6.1 % -5.5 % -6.4 % to -5.1 % -5.7 % GDP price index – Q/Q change – SAAR 2.9 % 2.9 % 2.8 % to 2.9 % 2.8 % Highlights First quarter GDP was revised …
Cramer’s Stop Trading (5/28)
Cramer says – Sprint (S) is a speculative play and they only have Palm Pre exclusivity for 6 months. Boeing (BA) will be a big …
GM Bankruptcy Update
cnbc.com – GM said Thursday it reached a deal with some major bondholders that would give them a bigger stake in a reorganized automaker and …
U.S. Durable-Goods Orders Rise / U.S. Initial Jobless Claims Fall 13,000
May 28 (Bloomberg) — Orders for U.S. durable goods hovered near the lowest level in 13 years in April as demand for business equipment weakened, …
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Bank of America’s Capital Plan
Bank of America raises $26B as a part of its capital raising plan, reports CNBC’s David Faber.
U.S. Existing Home Sales Rose in April to 4.68 Million Rate
May 27 (Bloomberg) — Home resales in the U.S. gained in April as foreclosure auctions and improved affordability spurred bargain hunters. Purchases increased 2.9 …
