This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector.   We are also including two food companies that have suffered along with the rest of the retail sector. Today’...

This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows.  The time frame is by the end of 2010, which is meant to coincide with some form of economic recovery next year.  This is not based on a sharp turn up in the economy. A number of the c...

Just about every economist says that the employment rates, ergo the unemployment rate, is a lagging indicator.  The same is arguably true for the total number of rigs in oil and gas.  Baker Hughes Inc. (NYSE: BHI) issued its new rig count for the month.  This is still lagging, but the count of ri...

Many analysts, economists, traders, and the like have blamed some of President Obama’s new plans and some of the proposed actions out of Congress as contributing to the recent sell-off.   But President Obama said today he has noticed the market, even if he also said that he would not look at...

Gartner’s new research on PC sales for 2009 is out and there it nothing in it to cheer the likes of Hewlett-Packard (HPQ) or Dell (DELL). Sales of computers will drop so drastically this year that even the Apple (AAPL) Mac may be effected. According to the reseach company “the PC industr...

MBIA Inc. (NYSE: MBI) is set to report earnings Tuesday,  before the market opens.  As the market has slid further, this troubled “guarantor” has gone with it and has again hit new 52-week lows this morning. The prior 52-week range was $2.51 to $19.08, and it hit reached $2.42 this mor...

China has the same access to World Bank and IMF financial forecasts as any other nation. Now the the Internet has made nearly even document in the world accessible. The Communist central government can even read predictions in the CIA Factbook. In the last two weeks, it has become clear the the glob...

Berkshire Hathaway Inc. (NYSE: BRK-A) has just released its 2008 annual report, along with the ever-important letter to shareholders from the Oracle of Omaha, Warren Buffett.  2008 was more than a rough year.  You have to read into Buffett’s comments to get the full effect.  We are sorry to...

IberiaBank Corp. (NASDAQ: IBKC) is a small regional bank which we have hardly ever covered.  But we wanted to take a chance to outline the community bank.  This was not among the community banks that outright refused to take the TARP monies at all.  But it has done something that so far no other ...

General Electric Co. (NYSE: GE) is finally cutting its dividend.  We predicted this over and over, and it has finally come to fruition.  We said that a cut in half could save $5 billion per year, but the cut is much larger and will save approximately $9 billion per year per reports. Starting in th...