Recent content by capmac

Oil soars above $71, hitting 2009 high Oil soars above $71 as 3-month rally continues, reaching 2009 high * George Jahn, Associated Press Writer * On Wednesday June 10, 2009, 6:35 am EDT VIENNA (AP) -- Oil prices soared above $71 a barrel Wednesday to reach a 2009 high, as...

08:22 GOOG Google tgt upped to $580 at Citigroup (431.65 ) Citigroup raises their GOOG tgt to $580 from $480 saying: extensive channel checks & sensitivity analysis support Q2 ests, cyclical and other factors point to 2010 EPS upside, and a "smartphone summer" and other datapoints...

Valuation We raise our six-month target to $273 from $212 (DCF and P/E to normalized growth) to reflect more confidence in higher estimates. At $273, shares would trade at 30X our 2010E EPS of $9.10 and 42X 2009E EPS of $6.50.

GM shares reach 75-year low amid bankruptcy talk Friday March 6, 2:34 pm ET General Motors shares drop to lowest price in more than 75 years as bankruptcy concerns grow NEW YORK (AP) -- General Motors Corp. shares fell to their lowest point in more than 75 years Friday, as investors...

Markets face 'irrational pessimism' Friday March 6, 1:45 pm ET By Rachel Beck, AP Business Writer New extreme in US stock sales leads to 'irrational pessimism' among investors NEW YORK (AP) -- You've heard of "irrational exuberance," right? That's the expression Alan Greenspan coined...

Barrons: Slow-Motion Capitulation By MICHAEL KAHN Sentiment indicators suggest that most investors have given up on the stock market by now. Will a bull market follow? Last year, we saw that market fall apart in what can only be described as a slow-motion crash. And now, thanks to the...

AP 12 pct. are behind on mortgage or in foreclosure Thursday March 5, 10:14 am ET Survey shows nearly 12 pct. of mortgage holders are behind on their payments or in foreclosure NEW YORK (AP) -- An industry survey shows a record 5.4 million American homeowners with a mortgage, or...

$8 and change -15% today.

GE

Will SPX 700 hold ?

Major stock market indexes fall to 1997 levels By SARA LEPRO – 4 days ago NEW YORK (AP) — The major stock market indexes have staggered to their lowest levels in more than a decade, pulled down by investors' rapidly waning confidence. The Dow Jones industrial average and the Standard &...

World stocks tumble as Dow eyes 1997 lows Friday February 20, 10:16 am ET By Pan Pylas, AP Business Writer World markets tumble as Dow eyes 1997 lows as investors begin to write off 2009 LONDON (AP) -- World stock markets tumbled Friday amid concerns that Wall Street may see further...