Eilne General Electricu (GE) suur langus tulenes asjaolust, et S&P andis ettevõtte AAA-reitingule negatiivse väljavaate, mis tulevikus võib viia ka reitingu langetamisele. Eelkõige viidatakse võimalusele, et kapitaliüksuse rahavoogude langus tuleb oodatust suurem.
Paulson arvab, et autotootjad võiksid minna manalateed USAs, kui ei suudeta toota seda, mida turg tahab. Artikkel siin.
Kes täna müüb, ei näe oma raha enne 10 päeva ehk siis 29 dets. Polegi vist nii pikka T+3 olnud.
raikalaika lause käib siis Eesti aktsiate kohta - USA aktsiaturud suletud vaid 25. detsembril.
autotootjate päästeoperatsioon, mis eelmine nädal turge kukutas ja tõstis on vaikselt ära unustatud tänu teisipäevsele intresside langetamisele, taktika ? kas hakkab vaikselt turule jälle meelde tulema ?
eile räägiti "kontrollitud pankrotist", whatever that means
eile räägiti "kontrollitud pankrotist", whatever that means
fakt on see, et kõigi kolme tehased hetkel seisavad
paulsoni pakutud lahendus küll ei tähenda manalateed minekut. tegemist oleks Chapter 11 pankrotiga, mitte chapter 7.
chapter 11 annab kaitset võlausaldajate eest, tühistab aktsikapitali ja uuteks aktsionärideks saavad võlausaldajad. samuti peaks Ch11 all saama töövõtjaid peedistada. konkurentsi seisukohalt oleks see halb lahendus teistele tootjatele.
chapter 11 annab kaitset võlausaldajate eest, tühistab aktsikapitali ja uuteks aktsionärideks saavad võlausaldajad. samuti peaks Ch11 all saama töövõtjaid peedistada. konkurentsi seisukohalt oleks see halb lahendus teistele tootjatele.
S&P downgrades 12 major banking institutions
BofA, Barclays, Citi, Wells Fargo,GS, UBS...
BofA, Barclays, Citi, Wells Fargo,GS, UBS...
SideKick,
mida see protsess tegelikult nendele autotööstusele tähendab ?
näiteks töökohtade kaotus ei suudeta vältida. restruktureerimiste käigus saavad väga paljud töötuks.
ja ellujäämiseks on vajalik ka tarbija, kes neid autosid ostaks, seda ei ole hetkel piisavalt
need gigandid käivad Ch11'ga põhjast läbi ja tulevad vee peale oluliselt väiksematena, kogu protsessi pikkust aga tuleb mõõta aastates
mida see protsess tegelikult nendele autotööstusele tähendab ?
näiteks töökohtade kaotus ei suudeta vältida. restruktureerimiste käigus saavad väga paljud töötuks.
ja ellujäämiseks on vajalik ka tarbija, kes neid autosid ostaks, seda ei ole hetkel piisavalt
need gigandid käivad Ch11'ga põhjast läbi ja tulevad vee peale oluliselt väiksematena, kogu protsessi pikkust aga tuleb mõõta aastates
Jaapan langetas täna intressimäärasid 0.3% pealt 0.1%-ni. Ülejäänud püssirohi jäeti hilisemaks. :)
* In the latest sign of trouble in the auto industry, Toyota Motor Corp is likely to report its first annual parent-only operating loss in 71 years, hit by plunging sales and the soaring yen, Japanese media reported on Friday.
speedy, mis kokteili sa joonud oled? Varem sa ei olnud karuse suhtumisega.
Üks oluline offtopic ka tänaseks päevaks. Kuna täna saavad ilmselt enamus koolilapsi veerandilõpu tunnistused kätte, minge pärast tööd poest läbi ja võtke selle tähistamiseks näiteks üks tort kaasa. Lastele see meeldib.
USA suure kolmiku (või noh 2,5 tegelt) probleem on ikkagi need legacy costs mis teeb nende keskmiseks kuluks per tööline kusagil 65-70 USD/h, lõuna osariikides ilma aü ja legacy costideta tootvate jaapanlaste sama kulu on u. 45 USD/h. Vahe seega päris suur.
Ford saab hakkama.
ülejäänud 1,5 soft pankrott siis tähendab ilmselt seda, et kõik peavad järeleandmisi tegema, töötajad, aü, tarnijad, diilerid, finantseerijad ja kogu protsessi jaoks annavad raha pangad kelle riskid on maandatud paulsoni garantiiga.
paljud ameeriklased ei näe ka mingis muus päästmises mingit mõtet sest enamus chrysleri toodetavast on räme kräpp mida keegi ei taha ja kuigi GM on justkui õigel teel pole neilgi veel tootevalik ideaalne, lisaks mõned brändid tuleks ära tappa ja samas ka hulk dealership'e mida kindlasti saab jõulisemalt teha pankrotikaitse all.
Ford saab hakkama.
ülejäänud 1,5 soft pankrott siis tähendab ilmselt seda, et kõik peavad järeleandmisi tegema, töötajad, aü, tarnijad, diilerid, finantseerijad ja kogu protsessi jaoks annavad raha pangad kelle riskid on maandatud paulsoni garantiiga.
paljud ameeriklased ei näe ka mingis muus päästmises mingit mõtet sest enamus chrysleri toodetavast on räme kräpp mida keegi ei taha ja kuigi GM on justkui õigel teel pole neilgi veel tootevalik ideaalne, lisaks mõned brändid tuleks ära tappa ja samas ka hulk dealership'e mida kindlasti saab jõulisemalt teha pankrotikaitse all.
Mart,
You can call me The Equalizer
sina ju oled pooli vahetanud ;)
You can call me The Equalizer
sina ju oled pooli vahetanud ;)
Väidetavalt olevat autotootjatele toetuse andmine jäänud ametiühingute taha kinni, kuna need ei olnud nõus töötajate palka alandama (isegi mitte sendi võrra).
ametiühingute ettenägelikkus on ikka imekspandav olnud
rääkides USA ametiühingutest meenuvad esmalt miskipärast Jimmy Hoffa sugused ametiühinguliidrid ja järgnevas klipis toimetavad tegelaskujud
Juhtivad ametiühingutegelased tööhoos
Juhtivad ametiühingutegelased tööhoos
USA turud on teinud hommikustelt punastelt tasemetelt ilusa come backi ning kauplevad eilsete sulgumishindade juures.
Saksamaa DAX -0.64%
Prantsusmaa CAC 40 -0.77%
Inglismaa FTSE 100 -1.58%
Hispaania IBEX 35 -0.82%
Venemaa MICEX -0.45%
Poola WIG +0.24%
Aasia turud:
Jaapani Nikkei 225 -0.91%
Hong Kongi Hang Seng -2.39%
Hiina Shanghai A (kodumaine) +0.14%
Hiina Shanghai B (välismaine) +0.36%
Lõuna-Korea Kosdaq +0.63%
Tai Set 50 -1.47%
India Sensex 30 +0.23%
A Good Catalyst Could Spark a Year-End Rally
By Rev Shark
RealMoney.com Contributor
12/19/2008 8:33 AM EST
All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.
-- Calvin Coolidge
As the year winds down, the big question is whether the bulls are willing to do the work necessary to get this market moving. Since the terrible jobs report on Dec. 5, they have been doing a nice job of building support in the face a steady stream of negative news. The bears have not been able to get much traction despite plenty of ammunition.
However, the bulls ran out of juice in the afternoon yesterday as concerns about GE Credit's debt rating hit. The bulls just couldn't handle the weight of yet more significant negatives, and down we went.
The good news is that the pullback wasn't too severe. The Nasdaq and S&P 500 are still above where they were on Tuesday before the Fed interest rate decision, and that is decent support. We have a little bit on an uptrend line off the November lows, but the bulls need to do the work to hold that. If we crack, it's going to make an end-of-the-year rally much tougher.
The market is not in terrible shape. We just haven't had any good news, and the buyers have to use up all their energy just to hold things even. We need some positive catalyst to attract the momentum money looking to knock out some end-of-the-year trades in a thin environment.
President Bush is set to make comments on the auto bailout at 9 a.m. EST, which is already getting some buying action going. I suspect some sort of "organized bankruptcy" plan, but the market will be happy with any type of resolution, even it is just a band-aid for now.
With the year winding down, volume will keep slowing, and that will make trading even more choppy than it has been. Nonetheless, the bulls have a fairly good setup for some trades, and if you are short term and opportunistic, you might be able to find a present or two under the tree.
-----------------------------
Ülespoole avanevad:
In reaction to strong earnings/guidance: ZQK +9.5%, COMS +6.7%, DRI +4.2%, ORCL +2.1%, SIMG +1.9% (light volume), RIMM +1.0%... Other news:GM +16.1% (General Motors, Chrysler seen near loan deal - Reuters.com), F +8.8% (Bush To Make Statement On Auto Makers At 9:00 AM EST - DJ), YGE +4.8% (signs sales agreements with two leading German PV system integrators), MTU +4.7% (still checking), ARQL +4.2% (says IND accepted for ARQ 621; Roche option to E2F activation program to terminate), NLY +3.1% (announces Q4 dividend of $0.50/share), JDSU +3.0% (announces promotion of Thomas Waechter to President and CEO, effective Jan 1, 2009), TOMO +2.3% (announces workforce reduction by ~12%), CPHD +2.0% (discloses it entered into a Credit Line Agreement, which set forth the terms of its line of credit)... Analyst comments: ASML +2.0% (upgraded to Overweight at JPMorgan), CBEY +1.8% (initiated with Buy at Stanford).
Allapoole avanevad:
In reaction to disappointing earnings/guidance: IPI -13.4%, KMX -8.5%, JBL -7.1% (light volume), GDI -5.2%, SYK -3.3%, POT -3.1%... Select financials trading lower with S&P lowering ratings on 12 major financial institutions: IRE -13.1%, RBS -6.1% (S&P lowers ratings), HBC -3.6% (S&P lowers ratings), AIB -2.6%, PRU -2.6%, GNW -2.4% (announces workforce actions to address expense reduction goals; co to eliminate 1000 jobs; also downgraded to Neutral at JPMorgan)... Select agriculture names trading lower following both POT and IPI lowering guidance: MOS -2.9%, TRA -2.7%, BG -2.6%, MON -2.1%, SYT -2.0%... Select oil/gas related names showing weakness with crude lower: TOT -4.9%, BP -4.4%, STO -3.3%, RDS.A -3.1%, DO -2.7%, RIG -1.9%, OXY -1.5% (downgraded to Hold from Buy at Argus), CVX -1.1%... Select metals/mining names showing weakness with lower spot prices: AAUK -7.4% (downgraded to Neutral at UBS), HMY -5.7%, GFI -5.4%, RTP -5.1%, BHP -5.0%, AUY -4.7%, SLW -4.4%, MT -4.2% (downgraded to Neutral from Overweight at JP Morgan), GG -4.2%, BBL -3.5%, ABX -3.3% (downgraded to Market Weight from Overweight at Thomas Weisel), GLD -2.0%... Other news: ARTC -38.9% (announces expansion of periods covered by restatement of financial statements and withdrawal of previously disclosed anticipated adjustments; subpoenas for production of documents), ABB -3.9% (ABB Ltd flags provisions, cost cuts, difficult markets - DJ), CLDX -3.7% (Pfizer and Celldex Therapeutics announce amendment to ACT III Study of CDX-110 in Glioblastoma Multiforme), EGLE -2.9% (announces it reduces capex by approx $363 mln and suspend dividend)... Analyst comments: FLR -4.6% (downgraded to Sell at Citigroup), PRU -1.8% (downgraded to Neutral at JPMorgan).
By Rev Shark
RealMoney.com Contributor
12/19/2008 8:33 AM EST
All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.
-- Calvin Coolidge
As the year winds down, the big question is whether the bulls are willing to do the work necessary to get this market moving. Since the terrible jobs report on Dec. 5, they have been doing a nice job of building support in the face a steady stream of negative news. The bears have not been able to get much traction despite plenty of ammunition.
However, the bulls ran out of juice in the afternoon yesterday as concerns about GE Credit's debt rating hit. The bulls just couldn't handle the weight of yet more significant negatives, and down we went.
The good news is that the pullback wasn't too severe. The Nasdaq and S&P 500 are still above where they were on Tuesday before the Fed interest rate decision, and that is decent support. We have a little bit on an uptrend line off the November lows, but the bulls need to do the work to hold that. If we crack, it's going to make an end-of-the-year rally much tougher.
The market is not in terrible shape. We just haven't had any good news, and the buyers have to use up all their energy just to hold things even. We need some positive catalyst to attract the momentum money looking to knock out some end-of-the-year trades in a thin environment.
President Bush is set to make comments on the auto bailout at 9 a.m. EST, which is already getting some buying action going. I suspect some sort of "organized bankruptcy" plan, but the market will be happy with any type of resolution, even it is just a band-aid for now.
With the year winding down, volume will keep slowing, and that will make trading even more choppy than it has been. Nonetheless, the bulls have a fairly good setup for some trades, and if you are short term and opportunistic, you might be able to find a present or two under the tree.
-----------------------------
Ülespoole avanevad:
In reaction to strong earnings/guidance: ZQK +9.5%, COMS +6.7%, DRI +4.2%, ORCL +2.1%, SIMG +1.9% (light volume), RIMM +1.0%... Other news:GM +16.1% (General Motors, Chrysler seen near loan deal - Reuters.com), F +8.8% (Bush To Make Statement On Auto Makers At 9:00 AM EST - DJ), YGE +4.8% (signs sales agreements with two leading German PV system integrators), MTU +4.7% (still checking), ARQL +4.2% (says IND accepted for ARQ 621; Roche option to E2F activation program to terminate), NLY +3.1% (announces Q4 dividend of $0.50/share), JDSU +3.0% (announces promotion of Thomas Waechter to President and CEO, effective Jan 1, 2009), TOMO +2.3% (announces workforce reduction by ~12%), CPHD +2.0% (discloses it entered into a Credit Line Agreement, which set forth the terms of its line of credit)... Analyst comments: ASML +2.0% (upgraded to Overweight at JPMorgan), CBEY +1.8% (initiated with Buy at Stanford).
Allapoole avanevad:
In reaction to disappointing earnings/guidance: IPI -13.4%, KMX -8.5%, JBL -7.1% (light volume), GDI -5.2%, SYK -3.3%, POT -3.1%... Select financials trading lower with S&P lowering ratings on 12 major financial institutions: IRE -13.1%, RBS -6.1% (S&P lowers ratings), HBC -3.6% (S&P lowers ratings), AIB -2.6%, PRU -2.6%, GNW -2.4% (announces workforce actions to address expense reduction goals; co to eliminate 1000 jobs; also downgraded to Neutral at JPMorgan)... Select agriculture names trading lower following both POT and IPI lowering guidance: MOS -2.9%, TRA -2.7%, BG -2.6%, MON -2.1%, SYT -2.0%... Select oil/gas related names showing weakness with crude lower: TOT -4.9%, BP -4.4%, STO -3.3%, RDS.A -3.1%, DO -2.7%, RIG -1.9%, OXY -1.5% (downgraded to Hold from Buy at Argus), CVX -1.1%... Select metals/mining names showing weakness with lower spot prices: AAUK -7.4% (downgraded to Neutral at UBS), HMY -5.7%, GFI -5.4%, RTP -5.1%, BHP -5.0%, AUY -4.7%, SLW -4.4%, MT -4.2% (downgraded to Neutral from Overweight at JP Morgan), GG -4.2%, BBL -3.5%, ABX -3.3% (downgraded to Market Weight from Overweight at Thomas Weisel), GLD -2.0%... Other news: ARTC -38.9% (announces expansion of periods covered by restatement of financial statements and withdrawal of previously disclosed anticipated adjustments; subpoenas for production of documents), ABB -3.9% (ABB Ltd flags provisions, cost cuts, difficult markets - DJ), CLDX -3.7% (Pfizer and Celldex Therapeutics announce amendment to ACT III Study of CDX-110 in Glioblastoma Multiforme), EGLE -2.9% (announces it reduces capex by approx $363 mln and suspend dividend)... Analyst comments: FLR -4.6% (downgraded to Sell at Citigroup), PRU -1.8% (downgraded to Neutral at JPMorgan).