Archive for January 21st, 2009

Zacks Releases New Stock Picks from the +21.7% Value Strategy: World Fuel Services, Plains Exploration & Production, … (Centre Daily Times)

Wednesday, January 21st, 2009

Stock picks from the Value Method (VM1) strategy are being spotlighted today by Zacks, the nation?s largest independent stock research firm. This strategy surged +21.7% during the first half 2008, while the S&P 500 dropped by nearly -12%. In fact, from 2001 through 2007, the strategy has averaged +41.9% yearly.
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Citi: Hologic faces likely sales pressure in 2009 (AP via Yahoo! Finance)

Wednesday, January 21st, 2009

A Citi analyst bumped medical equipment maker Hologic Inc. from his top stock picks list, citing the pressure a lack of hospital spending will likely place on the company’s shares.
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Sony to Unveil Restructuring Details: Report (TheStreet.com)

Wednesday, January 21st, 2009

The restructuring at the electronics company is meeting resistance from manufacturing executives, a report says.
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Zacks Releases Four Powerful ”Buy” Stocks: Biogen Idec, NTELOS Holdings Corp., Northwestern Corp. and IDACORP (Centre Daily Times)

Wednesday, January 21st, 2009

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.
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Asian Stocks Close Lower; Nikkei Falls 2% (TheStreet.com)

Wednesday, January 21st, 2009

Asian stocks ended lower Wednesday as the inauguration of a new U.S. president was overshadowed by concerns that rising bank losses will cripple the world economy.
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SEC to Review Apple CEO Disclosures: Report (TheStreet.com)

Wednesday, January 21st, 2009

U.S. regulators are examining Apple’s disclosures about CEO Steve Jobs’s health problems to ensure investors weren’t misled, a report says.
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Zacks Releases New Stock Picks from the +21.7% Value Strategy: World Fuel Services, Plains Exploration & Production, … (Business Wire via Yahoo! Finance)

Wednesday, January 21st, 2009

CHICAGO—-Stock picks from the Value Method strategy are being spotlighted today by Zacks, the nation?s largest independent stock research firm. This strategy surged +21.7% during the first half 2008, while the S&P 500 dropped by nearly -12%.
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BHP Billiton to Shed 6,000 Jobs (TheStreet.com)

Wednesday, January 21st, 2009

The mining company plans to cut its global work force and said it would record an impairment charge of $1.6 billiion to suspend or cut operations at two nickel mines.
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Novartis Gets OK to Market 4 Drugs in Japan (TheStreet.com)

Wednesday, January 21st, 2009

Novartis said Wednesday it received approval in Japan to market four drugs to treat asthma, cancer, hypertension and blindness.
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Ericsson to Cut 5,000 Jobs as Profit Falls (TheStreet.com)

Wednesday, January 21st, 2009

The Swedish telecommunications equipment maker plans to cut 5,000 jobs after reporting a 31% decline in fourth-quarter earnings.
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