Daily Archives: 2008/12/03

Asian Stocks Finish Higher (TheStreet.com)

2008/12/03
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Japan’s Nikkei 225 stock average closed higher Wednesday by 1.8%, while the Hang Seng index in Hong Kong rose 1.4%. More: continued here

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Goldman Mulls Internet Banking: Report (TheStreet.com)

2008/12/03
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Now a bank-holding company, Goldman Sachs is weighing whether to launch an Internet banking operation, according to a report. More: continued here

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Infineon Fourth-Quarter Loss Widens (TheStreet.com)

2008/12/03
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The German semiconductor company reported a wider fourth-quarter loss on a writedown and lower chip prices. More: continued here

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Congressman Opposes PNC, Nat City Merger (TheStreet.com)

2008/12/03
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Rep. Dennis Kucinich says rejection of the merger is necessary to protect jobs for Cleveland-area residents. More: continued here

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Time running out for Fortune stock picks for ?08 (Bradenton Herald)

2008/12/03
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In December of last year, Fortune magazine came out with its list of ?The Best Stocks for 2008.? More: continued here

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EdF Bids For Constellation Nuclear Assets (TheStreet.com)

2008/12/03
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Electricite de France SA said it is offering $4.5 billion to buy half of the nuclear power business of Constellation Energy. More: continued here

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UBS Picks Bharti Airtel, Cathay Pacific to Lead 2009 Rebound (Bloomberg)

2008/12/03
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Dec. 3 (Bloomberg) — Bharti Airtel Ltd. , India?s largest mobile-phone operator, and Hong Kong?s Cathay Pacific Airways Ltd. are among UBS AG?s top 10 stock picks in Asia for 2009. More: continued here

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Tesco rated ‘outperform’ (Business Times (Malaysia))

2008/12/03
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DUBLIN: Tesco plc, the UK’s biggest supermarket chain, was added to the “key buy” list of top stock picks at Exane BNP Paribas, which said the retailer’s international business gives it a “competitive advantage”. More: continued here

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Zacks Releases Four Powerful ”Buy” Stocks: Nash Finch Co., Abbott Laboratories, Shenandoah Telecommunication Co. and … (Business Wire via Yahoo! Finance)

2008/12/03
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CHICAGO—-Four free stock picks are being made available today on Zacks.com. The industry?s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. More: continued here

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Research in Motion Cuts Earnings Forecast (TheStreet.com)

2008/12/03
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The BlackBerry maker lowered its forecast for third-quarter revenue and earnings per share, citing the impact of the strong dollar and the weak U.S. economy. More: continued here

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