Monday Morning (CAT,GE,WMT)
From AlphaNinja | 2010-01-25 20:00:10
US indexes are positive this morning, with the DJIA +46points or +.46%.
Not much news behind today's gains, but rather a bit of recovery after last week's harsh selling. General Electric(GE) and Caterpillar(CAT) are the DJIA's biggest gainers.
GE estimates were raise at UBS this morning, as the firm sees improving results in Capital Finance. Goldman Sachs is also out with positive comments on GE today, saying earnings will increase thanks to lower tax rates and improving industrial results.
Wal-Mart (WMT) is in the news this morning, after a weekend announcement that they'll lay off 11,000 people. The headline news is not nearly as bad as it sounds on the job front, as most of these positions in food demonstration will be outsourced to Shopper Events, who if they were publicly traded would likely be up massively today.

Copyright 2010 AlphaNinja
Related Video by 5min
Related Articles
- Active money management or buy and hold? Yahoo! Finance | 2010-03-19 07:53:36
- Rocket Stock or Dud? Motley Fool | 2010-03-19 00:13:27
- Requirements for Becoming an Investment Representative eHow | 2010-03-18 21:50:44
- How To Tell If You're Truly Managing a Portfolio CIO Magazine | 2010-03-18 20:26:11
- High Frequency Trading: A Must for Every Portfolio SeekingAlpha | 2010-03-19 04:04:59
- A Big Upgrade for Shanda Games MSN Money | 2010-03-18 16:41:46
Related Blogs
- ETFs and high frequency trading? Hegde Fund | 2010-03-18 19:25:42