Archive for February 18th, 2009

The Dutch financial services company swung to a fourth-quarter underlying loss of 3.1 billion euros ($3.9 billion) because of market volatility and declining asset prices.
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General Electric CEO Jeff Immelt waived his right to collect bonus and performance-based pay that would have netted him more than $12 million in cash, a report says.
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Warren Buffett’s Berkshire Hathaway filed its holdings report Tuesday, showing yearend stakes in Wells Fargo, ConocoPhillips and more than 100 other holdings.
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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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ATLANTA, Feb. 17, 2009 — Market Pulse is pleased to announce the following stock picks. Bernard Schmitt of Market Pulse states, “These particular stocks should be closely watched due to existing fundamental and technical factors affecting each company.”
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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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Wal-Mart shares were rising into the market close Tuesday, but the retail sector on the whole was in tatters.
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The last minute drama between Liberty Media and its satellite rivals, EchoStar and Dish, fails to fully address Sirius’ ongoing saga.
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An executive at the U.S. automaker said talks are under way for possible transfer of some plants should Delphi fail to emerge from bankruptcy protection.
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