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Todays Zacks Rank Growth and Income Buy: NTELOS Holdings Corp.Zacks Citi: Mortgage break to unemployed Unemployed homeowners whose houses are financed by CitiMortgage may be eligible to have their mortgages temporarily reduced to $500 a month, the company announced Tuesday. CNN MoneyRoubini Sees More Economic Gloom Ahead The economist called 'Dr. Doom' after he predicted the housing bubble wouldspark a crisis says governments need to do more to stave off a 'near-depression' TIMEHow low will the Dow go before rebounding? DJIA at 2700 before the end of 2009.Price-earnings ratios (along with housing prices) have just recently returned to the neighborhood of historical norms, but that is based on the earnings we see in our rear-view mirrors. If we assume that earnings over the next couple of years will be down by fifty percent or more, and further assume that the market will overshoot at least twenty percent during its capitulation phase, then a DJIA in the neighborhood of 2700 seems entirely reasonable.If you look at a 100 day simple moving average of the Dow up until this point, it looks almost ruler-straight with a negative slope of about thirty-four points per day. Should that trend continue, we would hit 2700 in another 120 trading days, or six months, or in the neighborhood of Labor Day, give-or-take a month.And what is on the horizon that might reverse that trend? A change of heart towards 'Capitalism' by anyone on Capitol Hill or in the White House? A new era of good feelings in the Middle E WSJ.comSwitzerland Slips Into Recession, Reinforcing Weakening Outlook for Growth and Inflation Economic activity in Switzerland contracted the most since 2004 as the GDP reading showed that the economy shrank 0.3% during the fourth quarter, while... Daily FXTodays Zacks Rank Aggressive Growth Buy: Priceline.com IncZaxks Beiersdorf net profit up 29 pct in 2008 FRANKFURT (AP) - Germany's Beiersdorf AG, the producer of Nivea brand creams and other skin and beauty-care products, saw net profit rise 29 percent in 2008 but warned Tuesday that declining consumer spending could mean slower growth in 2009. AOLPersimmon reports net loss in FY08 - Update British house builder Persimmon Plc (PSN.L) in its preliminary results Tuesday reported a net loss in the year 2008, compared to prior year's profit, hurt mainly by write-downs amid a slumping housing market. Owing to its cautious outlook and continued focus on conserving cash, the company said its Board is not proposing a final dividend for 2008, and there would be no dividend for 2009. RTT NewsTodays Zacks Rank Aggressive Growth Buy: Kensey Nash Corp.Zacks Todays Zacks Rank Aggressive Growth Buy: Gentiva Health, Inc. The healthcare company has just announced its third consecutive earnings surprise and revenues are surging. Zaxks1 2 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]