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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
- The Macro View -SampleSeeking Alpha - The Macro ViewMarket Outlook
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
Oil Price- Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning
- Oil Down 48% from Highs by Bespoke Investment Group
- Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon
Economy- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
- Reality Bites As Stocks Continue To Collapse by The Mole
- Investing Ideas -SampleSeeking Alpha - Investing IdeasCramer's Picks
- Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham
- Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham
- Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham
Long Ideas- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- The Long Case for Encore Capital by Value Investor Insight
- 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
- Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham
Short Ideas- Why Short Sellers Are the Heroes of Wall Street by Investment U
- Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle
- Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger
- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
- eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman
- Is Google Feeling Lucky? by Sam Gustin
- Why Today Could Suck for Tech by Kevin Maney
Media- A Triple Financial Whammy Afflicts Newspapers by Ken Doctor
- Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld
- How Will Arbitron Fare in This Market? by Sreeni Meka
Telecom- Ten Ways to Invest in Louisiana by Stockerblog
- Earnings Preview: Electro-Optical Engineering by theflyonthewall.com
- Shared Docks Via WiFi All the Rage by Dean Bubley
Financial- Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson
- Reality Bites As Stocks Continue To Collapse by The Mole
- LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald
- Global Markets -SampleSeeking Alpha - Global MarketsChina
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript
- Perfect World Announces Share Repurchase Program by Trader Mark
- China: Hot Money Inflows Down, Nervousness Up by Michael Pettis
India- Indian Economy Has Much to Cheer About by Equitymaster
- India: RBI Cuts Cash Reserve Ratio by Equitymaster
- India: Markets Continue Downward by Equitymaster
Japan- Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media
Asia- Four International Dividend Stocks to Watch by David Hunkar
Eastern Europe- Reality Bites As Stocks Continue To Collapse by The Mole
- Alternative Energy Investing -SampleSeeking Alpha - Alternative EnergyAlternative Energy
- Seven Stocks for an Impending Apocalypse by H.J. Huneycutt
- Solar Shares Under Pressure From Credit Crunch and Pricing by Eric Savitz
- Trina Solar Looks Good, Though Market Yawns by Trader Mark
- The Electric Car Market: Wise Energy Use Stocks by Tom Konrad
- Investing in the Power of the Sea
- ETF Daily -SampleSeeking Alpha - ETF DailySector ETFs
- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
New ETFs- First Trust Launches Infrastructure ETF with Global Reach by Index Universe
- Overview and Analysis of the Global Generic Drug Industry by Mike Havrilla
Emerging Market ETFs- Brazil Is the Best of BRIC by Carl T. Delfeld
- Playing the Market in Difficult Times by Jason Hamlin
- The Daily Dispatch -SampleSeeking Alpha - Daily DispatchWall Street Breakfast
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
US Market- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
Housing & Real Estate- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono
Transcripts- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
- Polycom, Inc. Q3 2008 Earnings Call Transcript
ETF- Too Early To Buy Homebuilders ETF by Larry MacDonald
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Latest Comments57 Comments
Analyzing Apple's iPod Business
Well done!
Will the iPhone Be Taken by Storm?
Its impossible to beat the iPhone - RIMM should stick to what they know best - boring phones that do secure email from a server farm in Canada.
The Storm doesnt even have wifi.
Apple vs. Microsoft Vista: The Ad Budget Wars
Apple's products seem to work well, and are increasingly popular, so I cant see a problem there, either.
Microsoft has bad ads (very bad) and a legacy OS that is increasingly bloated and dysfunctional.
Apple therefore is NOT guilty of hypocrisy; but Microsoft still has bad product and bad advertising.
Apple Isn't Recession-Proof
Computers are essential items, and Apple makes the very best ones.
These analysts are simply wrong - and will be proved so in the coming months.
Wal-mart people cant afford Apple products - they never could and never will.
Does this fool Huberty think that Apple has ever sold to the low-end?
Apple: recession proof, but not idiot proof, sadly.
Apple Isn't Recession-Proof
Fact is, Huberty is an idiot who has never got it right, and talking about Apple gets you hits and action, because its a one-in-a-million company.
Sub-$1000? Apple has the Macbook at around $1000 and the MacMini at $599. Hello?
Time for a complete re-write of the USA stock market system and HEAVY restrictions on 'analysts'.
Hopefully, Obama will do something about this nasty gambling game and its crooked players.
Now What for Apple Investors?
Apple: Leading the Way to a Total Tech Breakdown
The rich have taken all the jewels, now the poor must pay the price.
Apple make a great line of products - they will continue to outpace all other PC makers.
When the bottom finally comes, presumably when Obama is Pres., then Apple will rise so fast it will be shocking.
But in the meantime, all stocks are going to drop.
6 Things Apple's Not Doing Right
And this is how the value of a company is decided? Madness.
Can Apple Withstand the Financial Sector's Fall?
Hey, did you hear? Steve Jobs has a paper cut! Yeah - lets short the stock.
Idiots.
Does Apple's iPhone Increase Browsing?
I could see from the ads over a year ago that the iPhone made surfing the web a breeze.
And guess what? It does! NOTHING else even comes close.
If you havent tried the iPhone, do so and understand what Apple have done with this thing.
Its a TOTAL game changer.
Five Reasons Steve Ballmer Thinks Apple's a Buy
Fact is, an Apple Macbook costs $1049, which is maybe $300 more than a crappy Windows laptop. Thing is, you get great FREE software with it, and way more functionality and ease of use.
College kids are buying these things and NOT buying Windows laptops.
Microsoft should support Apple and sell them lots of cheap copies of Windows, which, of course, you can ALSO run on a Mac.
In life, the tides turn, and Microsoft need Apple far more than Apple needs Microsoft.
Stock will eventually hit $250, its stuck at $170 or so, but then it did just have ten years of massive growth.
Why Apple Stock Is Poised To Go Flat - At Best
It has a Unix-based OS that has been universally acknowledged to be the best around, by a country mile.
Its computers can, and do, run Windows as well as OSX - thats a difficult combo to beat.
Its iPhone is so much better than everything else, its not funny.
People need computers - Apple takes 66% of all computer purchases over $1000 - and thats why they make huge profits.
They have around $25 billion in cash, no debt. Same as Microsoft.
They are the USA's biggest retailer of music, on or offline.
Most movies are made with Mac computers and Apple's 'Final Cut Pro' professional editing suite.
Almost all students are now buying Apple laptops.
They are eating Dell and HP's lunch.
Growth may slow, but then how can it continue at over 50% per year?
Expect solid growth for the next five, and then look at the picture.
B that time, they may have 40% of the market, which will be huge because they sell both hardware and software - making them almosts impossible to beat.
The development of Apple since they built their new OS almost 10 years ago underpins all this - they have built an Operating System for the next 25 years.
Now they are reaping the harvest.
No Leadership from Apple Right Now
It isnt going to stay at $175 for ever, and down for a company posting YOY growth of 40 - 50% seems unlikely.
US market share for Apple now at 10.5%!
What's Up With 3G Performance in the iPhone?
This is a GOOD thing, but AT&T are not up to the job.
There is a test here:
www.engadget.com/2008/.../
that shows the iPhone is the same as all the other 3G phones.
Apple: An Antidote to iPhone Complacency
Thats where you will find the best Apple analysis - put that together with the cash and the earnings and the almost 50% growth and make your buying decisions.
Short term - who knows?
Long term - Apple to hit $300 in 12 months.