Brand name stocks under $10 to beware of, market themes for 2008's second half - Today in Money 7/2

Posted Jul 2nd 2008 8:59AM by Allan Halprin
Filed under: Microsoft (MSFT), Yahoo! (YHOO), Starbucks (SBUX), Ford Motor (F), General Motors (GM), Motorola (MOT), Toyota Motor Corp. (TM), Netflix, Inc. (NFLX), Citigroup Inc. (C), Sprint Nextel Corp (S), Blockbuster Inc 'A' (BBI), Money and Finance Today, Bank of America (BAC), Circuit City Stores (CC), Palm Inc (PALM), UAL Corp (UAUA), Crocs Inc (CROX), Qwest Communications Intl (Q), Rite Aid Corp (RAD)

In the News:

· Car Sales Hit 10-Year Low as June Was Bleak Month; GM Dropped 18%, Toyota 21%

· Microsoft May Take Another Stab at Yahoo

· Starbucks to Close 600 Stores

· Blockbuster Ends Pursuit of Circuit City

· Bank of America Closes Countrywide Acquisition; More Misery Ahead for BofA?

· Citibank ATM Breach Reveals PIN Security Problems

· Deepening Cycle of Job Loss Seen Lasting Well Into 2009

· Netflix Stars in a Slow Economy

· Manhattan Real Estate Finally Starts to Soften

Brand-Name Stocks Uner $10: Buyer Beware
These well-known names in the bargain bin may look appealing, but experts advise laying off until their earnings picture is clear. Among the stocks to be weary of are Sprint Nextel, Motorola, Ford Motor, Qwest, Washington Mutual, Northwest Airlines, Del Monte, Rite Aid, Chico's, Crocs, United Airlines, Palm, Sealy, Blockbuster, Circuit City and Orbitz.
Brand-Name Stocks Under $10: Buyer Beware

How to Play the Market in the Second Half of 2008
Market pro Todd Harrison discusses the top 10 themes for the rest of the year.
Where we are and where we're going: 10 market themes - MarketWatch

Finding Safety in a Bear Market
Here are five ways to protect your portfolio.
Keeping Your Balance in a Scary Market - Kiplinger.com

Airports Cash in on Flight Delays
Your delayed flight is bad news for you and your airline, but it's money in the bank for the airports who are turning into multi-billion dollar shopping malls for stranded passengers.
Delayed flights mean big money for airport industry - CNNmoney

Meet the New King of Brand Names
The CEO of Fortune 500 newcomer Jarden Corp. is busy reviving old brands, but Wall Street has its doubts. Meet Martin Franklin who is snapping up undernourished brands and give them a shot in the arm. His company now markets more than 100 brands - among them Sunbeam, Oster, Rawlings, K2, Hoyle, Mr. Coffee, Crock Pot, and First Alert - and is the market leader in such retail categories as kitchen electronics, playing cards, tents, and grill-gas canisters.
The new king of brand names - FORTUNE

How to Protect Yourself If a Store Goes Bankrupt
When furniture seller Levitz closed last fall, its Web site informed customers that they might not receive ordered merchandise, that there would be no more returns or exchanges, and that some paid-for extended warranties would not be provided. With tough times forcing Levitz and other retailers-including Sharper Image, Linens 'n Things, and Lillian Vernon-to file for bankruptcy protection, it's wise for shoppers to take precautions. Here's how.
ConsumerReports.org - Protect yourself if a store goes bankrupt

How American is American Apparel?
CEO Dov Charney has Canadian passport, extraordinary business acumen and social grace of a subway flasher.
Minyanville - NEWS & VIEWS-How American is American Apparel?

Get the latest on cars and trucks
from GM and all brands at AOL Autos.

Reader Comments (Page 1 of 1)

7-03-2008 @ 12:34AM

sitruc said...

Misspelling "under" in the headline and the first point of the article is pretty impressive. At least the spelling on this site is as good as the advice....