Archive for January 28th, 2009

Asian Markets Close With Gains (TheStreet.com)

Wednesday, January 28th, 2009

Asian stocks closed higher Wednesday, with South Korea’s benchmark jumping nearly 6% in a catch-up rally.
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SAP to Cut 3,000 Jobs as Net Dips Slightly (TheStreet.com)

Wednesday, January 28th, 2009

The German software maker saw net profit in 2008 decline slightly as the world’s financial crisis took hold, and it plans to cut costs by trimming its work force.
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Panasonic to Cut Jobs, Close Plants in Asia (TheStreet.com)

Wednesday, January 28th, 2009

The world’s largest maker of plasma televisions also declined to confirm a report it would likely suffer its first net loss in six years.
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‘Mad Money Lightning Round’: Tune Out of Comcast (TheStreet.com)

Wednesday, January 28th, 2009

Cramer can’t find any good reason to own the stock.
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Profit Soars at Swiss Drugmaker Novartis (TheStreet.com)

Wednesday, January 28th, 2009

Fourth-quarter net income rose 62% and the drugmaker has proposed a 25% increase to its annual dividend payment.
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Stock Picks: Infrastructure Excitement Is Building (CNBC via Yahoo! Finance)

Wednesday, January 28th, 2009

Infrastructure: Could it be the magic word for a stock-market investor? Jack Kasprzak of BB&T Capital Markets is keeping his eye on President Obama’s plans to pump money into major construction projects - and the potential effects on some well-positioned smaller companies.
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Steel Winners & Losers: Steel Dynamics (TheStreet.com)

Wednesday, January 28th, 2009

Steel Dynamics leads steel sector up.
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Airline Winners & Losers: Continental (TheStreet.com)

Wednesday, January 28th, 2009

Airline shares dive.
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CV Thera Reviews Strategy In Light of Buyout Offer (TheStreet.com)

Wednesday, January 28th, 2009

CV Therapeutics said it would ‘review developments in the context of the company’s strategic plans’ after Japanese drug company Astellas sought to revive a previously rejected takeover proposal.
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Zacks Releases Four Powerful ”Buy” Stocks: Powell Industries, Yum! Brands, Athenahealth, and Amedisys (Business Wire via Yahoo! Finance)

Wednesday, January 28th, 2009

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.
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