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BloggingStocks


FeedRank: 4/10  4/10  Good  ---  marketmatters.bloggingstocks.com
BloggingStocks ...

 

 



Wednesday, September 03, 2008 --- 92 days ago
Filed under: After the bell , Market matters , QUALCOMM Inc (QCOM) , Valero Energy (VLO) , Economic data , Oil , Lehman Br Holdings (LEH) Today was a mixed bag. Shares spent most of the day in the red but staged a late day rally. Oil prices remained under $110 per barrel, which pulled down energy and commodity stocks yet again. Even the brief relief in today's Beige Book from the Federal Reserve hardly helped the situation despite it starting to see some energy price relief. The good news is that shares came back up in the last hour, masking some of the intra-day selling. Here are today's unofficial closing bell levels: DJIA 11536.87 (+19.95) S&P500 (1275.35 (-2.22) NASDAQ 2334.74 (-14.50) 10YR T-Note 3.697% (-0.049%) Top Analyst Downgrades Top Analyst Upgrades Lehman Brothers Holdings Inc. (NYSE: LEH ) shares managed to show gains of more than 4% to $16.72 in today's final minutes after indicating down early on. Despite the on-again off-again stance with the Koreans, Doug was right ... this is like getting a root canal . CNBC's Charlie Gasparino noted that he has also said that HSBC may be interested. LoJack Corp. (NASDAQ: LOJN ) saw a rise with shares up almost 7% at $7.72 in today's final minutes after the FCC approved the company's 2005 request to use its auto tracking frequency for new asset and people tracking services. Pier 1 Imports Inc. (NYSE: PIR ) was down over 8.5% at $4.16 after the retailer said same-store sales fell ...




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