This is the first in a series where we will explore the companies that may see a benefit from the Cash for Clunkers initiative. (By the way, the U.S. did not create this idea, it has been working with some success around the world for some time)
This first installment will...
Today we saw an amazing amount of information posted for several industries. The most talked about was the retail comps and that was somewhat unimpressive overall. On average, retail sales % change MOM fell 7.07%. The best numbers we saw were from Aeropostale Inc (ARO), The Buckle (BKE), TJX Corp...
Some of the more interesting and important items for July 8th :
China’s Surging Loans Stoke Concern Economy Risks Asset Bubbles, Bad Debt – Sound familiar?
After the close on Wednesday, Alcoa (AA) released earnings and it was a mixed in that while they beat estimates, the actual results were horribly poor.
Notes:
Both and uptick from higher aluminum prices and cost saving helped them this quarter. Cost cutting was the means to the end, the same way...
Some of the more interesting and important items for July 8th :
Consumer Credit Falls $3.23 Billion – Borrowing in the month of May by U.S. consumers fell again as unemployment and tightening of expenses continues.
President Obama Not Talking About Second Stimulus – President Obama has taken the stance that...
