WWW - Posts tagged John Morris at BloggingStocks

John Morris posts

Closing Bell: Profit-taking leaves the markets directionless (BAC, COH, GOOG, USU, VLO, V)

Posted Jul 28th 2009 4:10PM by Jon Ogg (RSS feed)
Filed under: Google (GOOG), Bank of America (BAC), Coach Inc (COH), Valero Energy (VLO), Visa Inc. (V)

Today was a dud from the start as profit takers were in there unloading gains as the impatient buyers try to gradually build positions in stocks they feel they have missed. For an earnings season trading day, this was a low-impact day. There was some negative consumer confidence data, but the Case-Shiller data showed signs that home prices are stabilizing.

Here are today's unofficial closing bell levels:

Dow 9,096.42 -12.09 (-0.13%)
S&P 500 979.60 -2.58 (-0.26%)
Nasdaq 1,975.51 +7.62 (0.39%)

Top Upgrades and Downgrades

Continue reading Closing Bell: Profit-taking leaves the markets directionless (BAC, COH, GOOG, USU, VLO, V)

Visa president out, forecasts are fine

Posted Jul 28th 2009 12:20PM by Tom Johansmeyer (RSS feed)
Filed under: Earnings Reports, Visa Inc. (V)

Visa (NYSE: V) is changing presidents and reorganizing the management team.

The biggest credit card network in the world is consolidating the oversight of its sales, client service, marketing, product development, and "innovation" (is that the group that thought it would be smart to securitize high-risk subprime consumer debt?) functions. John "Hans" Morris will step down as president but stay with the company through the end of the year in another role (wow, lots of euphemism in there).

Continue reading Visa president out, forecasts are fine