Monatsarchiv für April 2009

US Long-Term Rates Now Lower Than Short-Term

Thursday, den 30. April 2009

Freddie Mac yesterday released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.80 percent with an average 0.7 point for the week ending April 23, 2009, down from last week when it averaged 4.82 percent. Last year at this time, the 30-year FRM averaged 6.03 percent.

U.S. consumer spending drops in March as personal incomes also fall

Thursday, den 30. April 2009

Exxon Mobil’s quarterly net drops 58%; global slowdown, lower commodity prices cited

Thursday, den 30. April 2009

US-Präsident in der Sendung “60 Minutes” zu den Ursachen der Finanzkrise und möglichen Lösungsmöglichkeiten.

Thursday, den 30. April 2009

Wörtlich führte Obama aus, dass die Subprime-Krise eigentlich kein amerikanisch-spezifisches Problem sei, sondern ein Problem des Geldsystems. Dieses beruhe darauf, dass durch Zinseszinseffekte immer mehr Schulden entstünden und infolge dessen immer mehr Schuldner gesucht werden mussten. Die logische Konsequenz sei deshalb, dass auch kreditunwürdigen Personen riesige Dollarbeträge ausgeliehen wurden. Wörtlich sagte Obama: “Unser Geld ist […]

Bank of America shareholders strip CEO Ken Lewis of chairmanship

Thursday, den 30. April 2009

Fed calls U.S. economic outlook modestly improved; target rates unchanged

Wednesday, den 29. April 2009

Akamai kann Erwartungen übertreffen

Wednesday, den 29. April 2009

Rockwell Automation cuts 2009 outlook

Wednesday, den 29. April 2009

Cisco Systems neutral (Robert W. Baird & Co. Incorporated)

Wednesday, den 29. April 2009

Moody’s Investors Service cuts American Express’ debt ratings

Wednesday, den 29. April 2009

Moody’s said its ratings downgrades “reflect the erosion of Amex’s asset quality and weaker revenue trends stemming from the severe U.S. economic recession.” The agency, one of the two largest credit-rating companies in the U.S., also cited American Express’ “relatively high credit exposure in the states most heavily affected by home price declines, particularly California […]

Moody’s cuts American Express’ debt ratings

Tuesday, den 28. April 2009

Moody’s cut its senior long-term debt on American Express one level to A3 from A2. The downgrade tipped American Express closer to “junk” status, with its new long-term rating five levels below the highest investment-grade rating and four above non-investment grade. The short-term rating was downgraded to Prime-2 from Prime-1. Moody’s also reiterated the negative […]

home-price declines

Tuesday, den 28. April 2009

Home prices fell 2.2% in 20 major cities in February after a 2.8% decline in January, according to the Case-Shiller home price index released Tuesday by Standard & Poor’s. Prices in 20 cities are down 18.6% in the past year, compared with a 19% drop in the 12 months ending in January.

Viterra bids $1.1 billion for ABB Grain

Tuesday, den 28. April 2009

Kobe Steel posts annual loss but sales climb 2.2%

Tuesday, den 28. April 2009

Cisco Systems hold (Standard & Poors)

Tuesday, den 28. April 2009

Fed says Citi, Bank of America need more capital

Tuesday, den 28. April 2009

Regulators have told Bank of America Corp. and Citigroup, that the banks may need to raise more capital based on early results of the government’s so-called stress tests of lenders. source WSJ

GM offers to swap stock for debt at deep discount; May 26 deadline set

Tuesday, den 28. April 2009

Die Ratingagentur Moody’s will in den nächsten Wochen die Ratings Tausender Wertpapiere drastisch herabstufen.

Tuesday, den 28. April 2009

Wie aus diversen Ankündigungen von Moody?s hervorgeht, sind weltweit Wertpapiere von mehr als 270 Mrd. Dollar betroffen. Das würde die Banken dazu zwingen, ihre Bestände mit erheblich mehr Eigenkapital zu unterlegen. Außerdem könnten die Banken zu weiteren Abschreibungen gezwungen werden. Der Vorstand einer großen Bank sagte am Wochenende, wenn das durchkomme, sei dies eine “komplette […]

General Electric posts 35% drop in quarterly profit

Monday, den 27. April 2009

J.P. Morgan Chase profit edges 10% lower to $2.1 billion

Monday, den 27. April 2009

Texas Instruments hold (BB&T Capital Markets)

Monday, den 27. April 2009

Cisco Systems outperform (Morgan Keegan & Co., Inc.)

Monday, den 27. April 2009

Natural Resources: Rio Tinto says global iron-ore output dips 15% in Q1

Monday, den 27. April 2009

Industrial Products & Services: Bank of England holds rates at record-low levels

Monday, den 27. April 2009

Johnson & Johnson profit slips 2.5% in first quarter as sales fall 7%

Monday, den 27. April 2009

Industrial Products & Services: SPX cuts forecasts after global recession hurts sales

Monday, den 27. April 2009

Moody’s Cuts American Express Ratings

Monday, den 27. April 2009

Moody’s said that while it had previously not included “any level of systemic support” to American Express and its subsidiaries in the event of a severe downturn, “we now incorporate the view that the probability of systemic support for U.S. banks, like Amex, with more than $100 billion in assets, has increased.”

Merck buy (Citigroup Corp.)

Monday, den 27. April 2009

Merck reduzieren (Independent Research GmbH)

Monday, den 27. April 2009

Merck buy (SEB AG)

Monday, den 27. April 2009

ENI hold (Société Générale Group S.A. (SG))

Monday, den 27. April 2009

Merck KGaA verbucht deutlichen Gewinnrückgang

Monday, den 27. April 2009

Juniper Networks neutral (Credit Suisse Group )

Monday, den 27. April 2009

U.S. closes 1st Bank of Beverly Hills, based in Calabasas, Calif.

Sunday, den 26. April 2009

Georgia’s American Southern Bank seized by FDIC; 26th bank to close in ’09

Sunday, den 26. April 2009

Juniper Networks buy (Brean Murray, Carret & Co., LLC)

Friday, den 24. April 2009

ENI hold (Société Générale Group S.A. (SG))

Friday, den 24. April 2009

ENI akkumulieren (Independent Research GmbH)

Friday, den 24. April 2009

American Express verzeichnet schweren Gewinneinbruch

Friday, den 24. April 2009

Der Überschuss von American Express (Amex) brach im ersten Quartal zum Vorjahr um 63 Prozent auf 361 Millionen Dollar (277 Millionen Euro) ein, wie der Konzern am Donnerstagabend in New York mitteilte.

Juniper Networks erwirtschaftet Verlust, erfüllt Erwartungen

Friday, den 24. April 2009

Eni erleidet Gewinneinbruch

Friday, den 24. April 2009

U.S. existing-home sales decline 3% in April

Friday, den 24. April 2009

EMC muss Gewinnrückgang ausweisen, positiver Ausblick

Friday, den 24. April 2009

Merck buy (Sal. Oppenheim jr. & Cie. KGaA)

Thursday, den 23. April 2009

Presse: Deutsche Börse verhandelt mit NYSE erneut über Fusion

Thursday, den 23. April 2009