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This Quarter's Sentiment:
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From the Blogosphere
Analyst calls: LVS, GM, DELL, JCP, PALM, AXP, CHIC, STZ, AMP, BOBE
Cramer on BloggingStocks: Buy Procter, General Mills all the way down
Filed under: Forecasts, Ford Motor (F), General Motors (GM), Market matters, Citigroup Inc. (C), AFLAC Inc (AFL), Bank of America (BAC), Chesapeake Energy (CHK), Colgate-Palmolive (CL), Comerica Inc (CMA), General Mills (GIS), Morgan Stanley (MS), Procter and Gamble (PG), Wachovia Corp (WB), Freep't McMoRan Copper (FCX), Stocks to Buy, Cramer on BloggingStocks, Financial Crisis, MetLife Inc. (MET) TheStreet.com's Jim Cramer says the safety theme will come back if only because these companies' earnings will be good in six months. Editor's note: Jim Cramer will present his 2009 stock outlook...
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H&R Block Offloads Problem Child. Who Got the Better of the Deal?
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H&R Block (HRB) off loaded their financial advisors business to Ameriprise Financial (AMP). H&R needed to make the deal so as to generate much needed cash and monetize substantial amounts of goodwill. Everyone is looking at the deal from H&R point of view with particular emphasis on balance sheet implications. What concerns me is the lack of any comment on the following points.
1. What impact on earning can H&R shareholders expect once the unit has been disposed. We know it sounds like a good deal but how good is it?
2. What valuation was used and therefore how good or bad is it for Ameripris...
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Thursday's Upgrades and Downgrades
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<> Upgrades Sturm Ruger (RGR)- CL King Neutral » Accumulate Arkansas Best (ABFS)- Morgan Keegan Mkt Perform » Outperform KVH Industries (KVHI)- Needham Hold » Buy Green Bankshares (GRNB)- Stifel Nicolaus Hold » Buy Coach (COH)- Citigroup Hold » Buy Fifth Third (FITB)- BMO Capital Markets Market Perform » Outperform Labranche (LAB)- BMO Capital Markets Underperform » Market Perform IDT Corp (IDT)- Stanford Research Sell » Hold Brinker (EAT)- KeyBanc Capital Mkts Underweight » Hold Colnl BancGrp (CNB)- Banc of America Sec Sell » Neutral Smith Int>...
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Thursday's Upgrades and Downgrades
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<> Upgrades Sturm Ruger (RGR)- CL King Neutral » Accumulate Arkansas Best (ABFS)- Morgan Keegan Mkt Perform » Outperform KVH Industries (KVHI)- Needham Hold » Buy Green Bankshares (GRNB)- Stifel Nicolaus Hold » Buy Coach (COH)- Citigroup Hold » Buy Fifth Third (FITB)- BMO Capital Markets Market Perform » Outperform Labranche (LAB)- BMO Capital Markets Underperform » Market Perform IDT Corp (IDT)- Stanford Research Sell » Hold Brinker (EAT)- KeyBanc Capital Mkts Underweight » Hold Colnl BancGrp (CNB)- Banc of America Sec Sell » Neutral Smith Int>...
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