The "up-to-the-minute Market Data" thread

So now the share holders of oil companies are soo "disappointed" after having to take "lower expectation and profits" after been used to gouging the consumers and reaping record profits.

Got to love the fat rats when they feel the pinch like regular Americans.

Chevron Profit Falls 64% on Weak Oil Prices

www.cnbc.com...

You got that right girl!!!

It's hard to have sympathy for them though,right???

I'm gonna' be soooo dangerous today but will check in later to see if we're still standing: going shopping (stimulate economy) going to a MALL and the MOVIES (tempting fate,flu be dammed!) and drinking wine and running with scissors if I get a chance,I've been cooped up like a headless-chicken all week worrying and enough is enough.

BTW: I did break down and buy some of my old friend Apple...they got some new-stuff coming out and contract with ATT (were an exclusive) ends in 2010...need to start feeding the beast again in my small way,life must go on.

Just some FYI:

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[About This Newsletter]

DECISION POINT
DAILY DOW 30 STOCK REVIEW
THURSDAY 4/30/2009

*****************************************************************************
This report highlights daily results of the stocks in the DOW 30 Index.
Daily chart books of these stocks (6-Mo and 2-Yr) are also available (see
Main Menu). THIS IS A LIST OF CANDIDATES FOR FURTHER RESEARCH AND IS NOT A
SOLICITATION OR RECOMMENDATION TO BUY OR SELL THE LISTED SECURITIES.
*****************************************************************************

DOW 30 RESULTS FOR THURSDAY 4/30/09

04/30 % Ave
Close $ % Daily Payout
Name Symbl Price Change Change Volume Vol Yield P/E Ratio
---------------- ----- ------ ------ ------ -------- ----- ----- --- -----
3M Company MMM 57.60 +0.08 +0.1% 5354.5 87% 3.5% 14 0.5
Alcoa AA 9.07 +0.27 +3.1% 27296.1 91% 1.3% D
American Express AXP 25.22 +0.27 +1.1% 38186.5 175% 2.9% 15 0.4
AT&T Corp T 25.62 +0.10 +0.4% 32400.2 96% 6.4% 12 0.8
BankAmerica Corp BAC 8.93 +0.25 +2.9% 340147.8 130% 0.4% 11
Boeing BA 40.05 -0.50 -1.2% 7026.6 87% 4.2% 14 0.6
Caterpillar CAT 35.58 +1.89 +5.6% 20096.3 157% 4.7% 9 0.4
Chevron Corp CVX 66.10 -1.46 -2.2% 14071.8 89% 3.9% 6 0.2
Citigroup C 3.05 -0.07 -2.2% 264854.4 86% 1.3% D
Coca Cola KO 43.05 +0.34 +0.8% 17955.6 139% 3.8% 18 0.7
Disney DIS 21.90 +0.89 +4.2% 36342.3 225% 1.6% 10 0.2
Dupont DD 27.90 -0.12 -0.4% 11871.7 128% 5.9% 20 1.2
Exxon Mobil XOM 66.67 -1.77 -2.6% 35027.6 92% 2.5% 8 0.2
General Electric GE 12.65 +0.43 +3.5% 114174.3 87% 3.2% 8 0.3
General Motors GM 1.92 +0.11 +6.1% 57469.7 208% D
Hewlett Packard HPQ 35.98 -0.47 -1.3% 19397.0 93% 0.9% 11 0.1
Home Depot HD 26.32 -0.02 -0.1% 18229.8 83% 3.4% 20 0.7
IBM IBM 103.21 -0.83 -0.8% 10648.7 102% 2.1% 11 0.2
Intel INTC 15.78 +0.43 +2.8% 77307.5 108% 3.5% 20 0.7
Johnson & Johns JNJ 52.36 +1.33 +2.6% 19966.4 122% 3.7% 11 0.4
JP Morgan Chase JPM 33.00 -1.48 -4.3% 94181.2 124% 0.6% 29 0.2
Kraft Foods KFT 23.40 +0.13 +0.6% 11729.2 89% 5.0% 12 0.6
McDonalds Corp MCD 53.29 -1.12 -2.1% 11149.2 106% 3.8% 14 0.5
Merck MRK 24.24 +0.34 +1.4% 28067.5 150% 6.3% 9 0.5
Microsoft MSFT 20.26 +0.01 +0.1% 83634.5 104% 2.6% 12 0.3
Pfizer PFE 13.36 -0.07 -0.5% 64598.7 108% 4.8% 11 0.5
Procter & Gamble PG 49.44 -0.98 -1.9% 24553.9 146% 3.6% 11 0.4
United Technolgy UTX 48.84 -0.07 -0.1% 6542.5 89% 3.2% 10 0.3
Verizon VZ 30.34 -0.07 -0.2% 22409.4 117% 6.1% 13 0.8
Wal-Mart WMT 50.40 -0.05 -0.1% 23024.1 96% 2.2% 15 0.3

Average -0.07 +0.5% 51257.2 117% 3.2% 31 0.5

Originally posted by marg6043
So now the share holders of oil companies are soo "disappointed" after having to take "lower expectation and profits" after been used to gouging the consumers and reaping record profits.

Got to love the fat rats when they feel the pinch like regular Americans.

Chevron Profit Falls 64% on Weak Oil Prices

www.cnbc.com...

Marg, you seriously believe all shareholders of oil company stocks are "fat cats?" Honestly??

Tidbit for those who follow the elliottwave theory...
Think epidemics are random? Hold that answer.

And, relevant to the latest threat the world is facing, swine flu, epidemics don't just "happen." Historically, they occur at specific moments in human history.

www.elliottwave.com...

reply to post by Night Watchman


Well its hard to separate the Bushes, Condi, Dick Cheney and many others from the regular joes you know.

Welcome to FDIC Friday!!!

Press Releases
www.fdic.gov...

FDIC Creates Bridge Bank to Take Over Operations of Silverton Bank, National Association, Atlanta, Georgia

FOR IMMEDIATE RELEASE
May 1, 2009
Media Contact:
David Barr (202) 898-6992
[email protected]

The Federal Deposit Insurance Corporation (FDIC) created a bridge bank to take over the operations of Silverton Bank, National Association, Atlanta, Georgia, after the bank was closed today by the Office of the Comptroller of the Currency (OCC). The OCC appointed the FDIC as receiver. The newly created bank is Silverton Bridge Bank, National Association.

Silverton Bank did not take deposits directly from the general public nor did it make loans to consumers. It was a commercial bank that provided correspondent banking services to its client banks.

Silverton Bank had approximately 1,400 client banks in 44 states, and operated six regional offices. It provided a variety of services for its clients, including credit card operations, clearing accounts, investments, consulting, purchasing loans, and selling loan participations. Since the FDIC created a new bank to take over the operations of Silverton Bank, there is not expected to be any meaningful impact on the bank's clients.

The creation of the bridge bank allows the client banks to maintain their correspondent banking relationship with the least amount of disruption. The FDIC will operate Silverton Bridge Bank, N.A., to allow preexisting marketing efforts for the bank to continue.

More at Link...

reply to post by Hx3_1963


Yep. And the cost is high on this one... 1.3 billion...

Another:

North Jersey Community Bank, Englewood Cliffs, New Jersey, Cost only 18 millions...

[edit on 1-5-2009 by Vitchilo]

Press Releases
www.fdic.gov...

Cache Valley Bank, Logan, Utah, Assumes All of the Deposits of America West Bank, Layton, Utah

FOR IMMEDIATE RELEASE
May 1, 2009
Media Contact:
David Barr (202) 898-6992
[email protected]

America West Bank, Layton, Utah, was closed today by the Utah Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Cache Valley Bank, Logan, Utah, to assume all of the deposits of America West.

The failed bank's three offices will reopen on Monday as branches of Cache Valley Bank. Depositors of America West Bank will automatically become depositors of the assuming bank. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers of both banks should continue to use their existing branches.

Over the weekend, depositors of America West Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.

As of December 31, 2008, America West Bank had total assets of approximately $299.4 million and total deposits of $284.1 million. Cache Valley Bank paid a discount of $352,000 to acquire all of the deposits of the failed bank.

More at Link...

FACTBOX-Key facts about U.S. April auto sales
www.reuters.com...

Chrysler shutdown pushes suppliers closer to edge
www.reuters.com...

[edit on 5/1/2009 by Hx3_1963]

Bank stress tests to clarify U.S. credit crisis
www.reuters.com...

WASHINGTON (Reuters) - The true dimensions of the U.S. credit crisis will become much clearer next week with the release of results from unprecedented government "stress tests" of the nation's 19 largest banks and their capital needs.

The results are expected to show that the 19 banks must raise possibly $150 billion or more in fresh capital, with investors expected to punish stocks of the neediest banks.

"Most banks will have to raise capital in some form," said FBR Capital Markets managing director Paul Miller. "The capital raises will be much bigger than people think."

More at Link...

U.S. lenders Thornburg, Accredited file for Chapter 11
www.reuters.com...

[edit on 5/1/2009 by Hx3_1963]

Originally posted by marg6043
reply to post by Night Watchman

 

Well its hard to separate the Bushes, Condi, Dick Cheney and many others from the regular joes you know.

Speaking of Dick..

Did anyone hear that Chrysler "secured" lenders where announced today? Know who the first secured lender is?

Halliburton.

It's not a coincidence. I promise. Look away, nothing to see here..

Is interesting how the small local banks are falling like flies and all this has been kept quiet, you really have to look around to find news.

The FDIC most have a blank check from the treasury department to keep absorbing all the loses.

reply to post by Rockpuck


Well they have all that cash from the trillion dollar wars of Bush Thanks of the generous tax payer, so hey let burn some of it, right?

Citigroup said to need up to $10 billion: report
www.reuters.com...

NEW YORK (Reuters) - Citigroup Inc (C.N) may need to generate up to $10 billion in new capital to meet the requirements of the U.S. government's stress tests, the Wall Street Journal reported on its website on Friday,

Like other financial institutions, the bank is in talks with the Federal Reserve about whether it needs more capital, the Journal said, citing unnamed sources.

Citigroup may need less if regulators accept its arguments about its financial health. In a best-case scenario, Citigroup could have a roughly $500 million cushion above what the government requires, the paper reported.

More at Link...

Edit: Anyone see that Melissa on CNBS lately? She sounded rough last week...hoarse...wonder if she cought the NAU Flu?

[edit on 5/1/2009 by Hx3_1963]

FDIC WILL HOLD EMERGENCY MEETING TOMORROW with National Assn Of Banker's Banks

No link yet.

Does anybody think "swine flu" is a warning to get out of the stock market?

You know what they say.... bears make money, bulls make money, pigs get slaughtered.

Is www.bloomberg.com...

there ANYTHING Haliburton doesn't have it's greasy paws in???

Yale, Halliburton, Gates Foundation Listed as Chrysler Lenders

Employment in Focus as Busy Week Comes to a Close
www.foxbusiness.com...

As almost a throw-away line during his news conference Wednesday, President Obama said the stimulus package he signed into law on February 17 had saved or created 100,000 to 150,000 jobs.

“The estimate,” according to an Administration official, “does not mean that employment has risen by 150,000. Rather, it means that employment is 150,000 higher than it otherwise would have been.”

The President’s comment is not insignificant as we come into a week which will be capped with the release of the Employment Situation report on the April labor market – a report expected to show the economy coughed up another 630,000 jobs and the number of people working fell again.

More at Link...

[edit on 5/2/2009 by Hx3_1963]

Here is an article updated April 9, 2008:

JP Morgan, Citigroup, Morgan Stanley and Bear Stearns are also underwriting the Chrysler Automotive deal, but Goldman Sachs sold part of its stake independently of the syndicate. It's a practice that's becoming more common in the leveraged loan markets as banks look to trim their exposure to risky leveraged buyout debt that they have been stuck holding onto since the credit crunch erupted last summer.

www.marketwatch.com...

That article places the eruption of the credit crunch into the summer of 2007. Is the date April 9, 2008 a typo or was there some hidden credit crunch going on before it went public during the infamous financial meltdown of the autumn days of 2008?

The figures in the article place the date of publishing into April 2008 though.

Any Sherlock Holmes around here?

Hmmm...I enjoy malt liquor, so correct me if I'm wrong, but weren't these the two main nations that wanted to de-peg the dollar?

www.abovetopsecret.com...



[edit on 3-5-2009 by theWCH]

Originally posted by theWCH
Hmmm...I enjoy malt liquor, so correct me if I'm wrong, but weren't these the two main nations that wanted to de-peg the dollar?

www.abovetopsecret.com...

You surely do. I asked for Sherlock Holmes, not for George Patton.