Contrarian Stock Market Investing News - Featuring Bargain Stocks

Saturday, November 22nd, 2008

Posts Tagged ‘ Ken Thompson ’

Standard & Poor’s Downgrades Wall Street Banks

Jun 5th, 2008 | By Contrarian Profits | Category: Featured, Financial News

Ratings agency Standard & Poor’s has rattled Wall Street by downgrading investment banks Merrill Lynch, Lehman Brothers and Morgan Stanley.

S&P’s said the “outlooks on the large financial institutions sector in the U.S. are now predominantly negative” and that “the pace and extent of earnings improvement could be considerably more muted than we previously anticipated.”

Tags: Banking Stocks, credit crisis, Ken Thompson, Lehman Brothers, Meredith Whitney, Standard & Poors, Wall Street
Posted in Featured, Financial News | 1 Comment »

It’s a Bear Market in Credit

Jun 3rd, 2008 | By Dan Denning | Category: Stock Market Investing

If the Aussie market follows the U.S. lead today, look out. Before we break for lunch here in Colorado, stocks in New York are taking a beating. The Dow Jones Industrials are down nearly 200 points. And it’s such a nice day out, too.

Tags: Aussie inflation, Aussie miners, bear market, BHP, CNBC, Credit Boom, Dow Jones Industrials, euro, falling dollar, Financial Stocks, Golden West Financial, inflation, Iron Ore, JP Morgan, Ken Thompson, Lehman Brothers, Merrill Lynch, Rbs, US dollar, Wachovia, yen
Posted in Stock Market Investing | No Comments »

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