Warren Buffett “If a business does well, the stock eventually follows. ”
Barack OBAMA “You know, my faith is one that admits some doubt. ”
Few months ago when I heard the news that John Paulson, the founder and president of Paulson & Co., a New York-based hedge fund, started to accumulate on Bank of America Corporation (NYSE: BAC) stocks, I said to myself that BAC is about to take off. I’m sure many others thought the same way. Paulson [...]
Stocks futures are down ahead of today’s market open and ahead of the fed meeting. Investors grew a little more cautious ahead of the Federal Reserve’s meeting and after China’s economy showed some signs of slowing down. Below are some stocks that are trading in red prior to market open. 1. Bank of America Corporation [...]
Here are some stocks on the move and in focus for today 09-Aug-2010. 1. Hewlett-Packard Company (NYSE: HPQ): HP declined sharply on Friday just before the market closed on the resignation of its CEO Mark Hurd. This morning the stock is up slightly in the early trading. 2. Sara Lee Corp. (NYSE: SLE): The company [...]
On Friday Mark Hurd, CEO of Hewlett-Packard(NYSE: HPQ) announced his resignation over a sexual harassment claim by a marketing contractor that used to work for HP. The investigation concluded that the company’s sexual-harassment policy was not violated, but that its standards of business conduct were. Hurd said he “realized there were instances in which I [...]
Here are some stocks in focus for today August 6th, 2010. 1. BP plc (ADR) (NYSE: BP): BP finished pouring cement down the well on Thursday in an operation known as a “static kill,” completing the job earlier than expected. Federal officials are sounding increasingly optimistic that the end is in sight in the drive [...]
AT&T faces challenges expanding internationally. CEO Randall Stephenson says that the company is doing well in Latin America but faces difficulties expanding into China and India.
Here are some stocks in focus for today August 5th, 2010. 1. BP plc (ADR) (NYSE: BP): Yesterday the US government gave a green signal for BP to start pumping cement into the broken Gulf of Mexico oil well to close it permanently after the success BP had yesterday with its Static Kill method to [...]
Looking at the past four months and prior to the date where BP’s oil well was ruptured and oil flooded the gulf of Mexico, we can see that BP plc (ADR) (NYSE: BP) stock was trading around $60.00 per share. Even at that time the stock was coming off it’s March 2009 lows when all [...]
Baker Hughes Incorporated (NYSE: BHI), The Procter & Gamble Company (NYSE: PG), and The Dow Chemical Company (NYSE: DOW) all disappointed with their second quarter earnings results. BHI down more than 13% and trading at $43.65 per share. PG is also down more than 3.5% and trading at $59.57 per share. DOW is down more [...]