Victhom

Cramer's Mad Money - 10 Reasons to Believe the Nasdaq Rally (6/8/09)

www.reuters.com/articl...

FACTBOX-Biggest changes in Nasdaq short interest
Tue Jun 9, 2009 4:16pm EDT
YORK, June 9 (Reuters) - Short interest on the Nasdaq rose 3.6 percent
in late May, the exchange said on Tuesday, suggesting bearish sentiment may be
creeping back into the stock market after a three-month rally

Preview from Europe: Risk Aversion Returns to Haunt Stocks

I guess Barclays just give an uppercut and K.O to shorts for next Tuesday LOL

Barclays to unveil £6bn profit after shares slump
Barclays is preparing to unveil annual pre-tax profits of around £6bn when it updates the market next month, The Sunday Telegraph has learnt

By Mark Kleinman and Graham Ruddick
Last Updated: 8:55PM GMT 17 Jan 2009

The bank's share price plunged 25pc in the last hour of trading on Friday leading to Barclays releasing an unusual statement, aimed at reassuring investors, which said it expected 2008 profits to be "well ahead" of the £5.3bn consensus estimate of City analysts.

"The board expects to report profit before tax for the year well ahead of the £5.3bn consensus estimate of sell-side analysts," said the statement.

The sharp fall in Barclays' share price had led to fears about the extent of bad debts on its balance sheet and that it would be forced to participate in the latest phase of the Government's efforts to rehabilitate the banking sector. Analysts also suggested the bank could have been targeted by short-sellers, after the ban on short-selling was lifted on Thursday night.

Barclays insisted it knew "no justification for the fall in share price" after its shares fell to 98p, down 45pc in the week and their lowest since 1993.

The bank snubbed the first bail-out package by the Government in October, which saw the state inject £37bn into HBOS, Royal Bank of Scotland and Lloyds TSB in return for significant stakes.

Barclays instead secured £7bn of investment from Middle East investors as it sought to maintain control over its international strategy, dividends and remuneration.

Alternative Buyers for Lehman (and Not Just the Usual Suspects)

I guess if we get $5 B for this division.....BAC will need to raise to $10-$15 to get thw whole thing...

Capitch...LOL

Alternative Buyers for Lehman (and Not Just the Usual Suspects)

I'm sorry for my previous post but what are talking about READ THIS....LOL

Lehman Gets Bids From Bain, Clayton for Asset-Management Unit

By Jason Kelly and Jonathan Keehner

Sept. 13 (Bloomberg) -- Lehman Brothers Holdings Inc. received bids for its asset-management unit from private- equity firms including Bain Capital LLC and Clayton Dubilier & Rice Inc., said people familiar with the situation.

The bids value the unit, which includes the Neuberger Berman fund business, private-equity funds and a brokerage firm serving wealthy individuals, at about $5 billion, said the people, who asked not to be named because the auction is private. KKR & Co. LP, which was weighing an offer, hadn't made a bid by the 5 p.m. deadline, the buyout firm told people involved in the process.

Lehman said Sept. 10 it would sell 55 percent of the investment unit, part of Chief Executive Officer Richard Fuld's plan to keep the 158-year-old firm independent. After its shares dropped 53 percent in the next two days, Fuld, 62, began talks with companies including Bank of America Corp. to sell all of Lehman, potentially derailing the investment-management auction.

``It's still going to be a premier property,'' said Eric Weber, a managing director of Freeman & Co., a New York-based financial-services consulting firm. ``Three years from now, you can take it public, if you can get your hands on it.''

Hellman & Friedman LLC, the San Francisco-based buyout firm started by Warren Hellman, may also have submitted a bid, according to the people. Representatives for Lehman and the private-equity firms declined to comment.

Revenue of $2.3 Billion

The buyout companies are angling to own a business with assets of $273 billion headed by former Goldman Sachs Group Inc. banker George Walker, 39. The New York-based firm proceeded with the auction because the private-equity firms continued to express interest in a deal, according to the people. While Lehman aimed to complete the sale by late next month, the process may be disrupted by a takeover of the company, perhaps as soon as this weekend.

The private-equity firms may get the investment business at a discount. Lehman's asset-management unit earned $361 million on $2.3 billion of revenue this year through August, according to a Sanford Bernstein research note at that time. The report valued the unit at $7 billion, including stakes in hedge-funds not included in the sale.

Lehman announced on Sept. 10 a $3.9 billion loss, the biggest in its history, after $5.6 billion of writedowns on real-estate loans and mortgages. The stock has fallen more than 94 percent this year and is valued below $3 billion, less than St. Petersburg, Florida-based Raymond James Financial Inc., the largest regional brokerage firm.

Private-equity firms including Blackstone Group LP and Carlyle Group had weighed bids for the investment unit and opted to stay out of the auction, according to people familiar with the process.

To contact the reporters on this story: Jason Kelly in New York at [e-mail]... Jonathan Keehner in New York at [e-mail]

Last Updated: September 13, 2008 00:01 EDT

FOMC Policy Statement: Time to Buy Heavy

I Guess you need some Economics lessons from a PHD from Harvard....Read & Learn...

Risk of a Global Recession Following the U.S. Hard Landing?
Nouriel Roubini | Jan 30, 2008
It is now clear that the US economy is already into a recession that started in December 2007: the data on December employment, retail sales, manufacturing ISM, housing and other macro variables confirm it. And the 0.6% growth for Q4 GDP confirmed that sharp slowdown of the economy in Q4 and its tipping over into a recession by December. It may take –as usual – almost a year for the NBER to formally declare that a recession started; but when that decision is made it will be clear that the great US recession of 2008 started in December 2007 or – at best – Q1 of 2008.

At this point it is clear that the debate has shifted to how deep this recession will be, a mild one lasting two quarters as the new consensus claims or a deeper, longer recession – lasting at least four quarters – as I have been arguing for a while.

It is also clear now that this US recession will lead to a global economic slowdown – short of a global recession that would occur if global growth were to be below 2.5% - and to actual recession in a number of individual economies.

The main points:

- the US has already entered a recession and this recession will be protracted and severe, more so than the mild recessions in 1990-91 and 2001;

- whatever the Fed does will be too little too late as you cannot resolve problems of insolvency with monetary policy and as it takes years to clear a glut of housing, consumer durables and automobiles;

- the rest of the world cannot decouple from a US hard landing; when the US sneezes the rest of the world catches the cold; and this time the US will have a severe case of pneumonia; thus expect significant contagion to the rest of the world; thus, there will be a significant global economic growth slowdown.



en.wikipedia.org/wiki/...

From Davos Watch this....

www.bloomberg.com/avp/...

NOW PUT CASH ON THE SIDE THIS MARKET WILL CRASH SOON OR LATER WITH "HARD LANDING" COPY THAT HOUSTON???

Jim Cramer's 10 Predictions for 2008

TWX will do very good in 2008 Jim sorry but...I guess you want them all for you little greedy man LOL :0) I guess Deutsche Securities knows more than you what's coming for TWX....

Time Warner "buy"

Friday, January 11, 2008 9:33:32 AM ET
Deutsche Securities

NEW YORK, January 11 (newratings.com) - In a research note published yesterday, analysts at Deutsche Bank Securities maintain their "buy" rating on Time Warner Inc (TWX.NYS). The target price is set to $26.

How Cramer Beat the S&P 500

Mr Cramer should check Insiders at RAID....Jean Coutu PJC just add more to the 250M shares they've got from Rite-Aid in exchange of Brooks and Eckerds


May be Jean Coutu just need to buy 150M more shares to have control of Rite Aid???

see here: PJC bought extra 1.9M shares at @ $4.63 now trade at $2.84???
Trading Date Name Title Type Shares Traded Price
10/19/07 SAMMONS MARY F President & Chief Executive Officer Buy 200,000 $2.75
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 45,200 $4.54
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 221,700 $4.55
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 150,700 $4.56
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 180,300 $4.57
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 131,300 $4.58
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 244,400 $4.59
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 106,500 $4.60
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 96,400 $4.61
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 233,062 $4.62
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 52,200 $4.63
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 142,000 $4.64
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 152,400 $4.65
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 2,500 $4.66
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 37,500 $4.67
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 56,400 $4.68
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 39,000 $4.69
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 52,800 $4.70
10/05/07 JEAN COUTU GROUP (PJC) INC Buy 30,900 $4.71