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Recap of “Power Lunch” – 6/4/09

Ockham’s daily Recap of Power Lunch.

Listed below are stocks that were mentioned on CNBC’s Power Lunch on Thursday June, 4th.

As the name suggests, CNBC’s Power Lunch comes on midway through the trading day. Anchors Bill Griffith, Sue Herera, Dennis Kneale and Michelle Curoso-Cabrera, often taping on location at some of the sites where the news happens, bring a recap of the markets and economy through the first half of the day. Below are the stocks that were mentioned on Power Lunch, which runs from 12 pm until 2pm ET.

Want to know everything that was said on Power Lunch? Then you have to watch it. Visit CNBC for show times and channel guides.
Ockham Value Life Cycle Chart

CNBC – Power Lunch Stock Commentary for 6/4/2009

The most recent commentary from CNBC followed by Ockham
“… To see in some of the other indicators, this week, the data has not been that good. These are the hand holds that you climb up. The big question is, we see oil rise, should GOLDMAN SACHS be correct — will then the consumer finish spending? Savings rate at a 14-year high the federal reserve in cleveland saying low consumer spending will threaten this recovery. …” …more details…
“… >> drugs and coffee in that order. Avis cuts the sale. He’s worried about cash flow and worried they’ll miss a debt and rite-aid getting a boost this morning. Outperform to underperform at RAYMOND JAMES. The company sending letters to two proxy advisors and an effort to get support ahead of the annual shareholders meeting. Who’s winning the coffee wars? Retail may be big. …” …more details…
“… It’s hit a iceberg now, taking on water. Barack obama is trying to get >> yes, he is. >> he’s spending money full steam ahead. >> he’s bailing out auto industry, banks, AIG, anything else and forgive some of the >> all of the economic failures has to fix before — >> at some point, you’re going to have to — >> at some point the bush …” …more details…
“… Ourself with global competitiveness with carbon taxes and business taxes and repeat trade earnings to the u.S. Steve balmer threatened to move MICROSOFT if they did tax repate ration. There’s places you like outside of the u.S.? If you’re looking outside of the any one in particular. …” …more details…
“… Higher as well by morgan stan lowe. 885 million dollars. Wind river getting a lift of I want to call your attention to ODYSSEY MARINE EXPLORATION. Take a look at the intra day this is that company that goes out and looks for sunken treasures. They found one code name the black swan a few years back. The judge just ruling yesterday that they have to return that …” …more details…
“… Board. Large tech getting a lift from apple and google. Apple at oppenheimer from 160 to 140, google, 580 to 450. ADOBE got the price target taken higher as well by morgan stan lowe. 885 million dollars. Wind river getting a lift of I want to call your attention to …” …more details…
“… Boeing and air bus — boeing up on the day’s session. Scott wapner has more. Hey, scott. >> modest gains across the board. Large tech getting a lift from apple and GOOGLE. Apple at oppenheimer from 160 to 140, GOOGLE, 580 to 450. Adobe got the price target taken higher as well by morgan stan lowe. 885 million dollars. Wind river getting a lift of I want to call your attention to …” …more details…
“… Scott wapner has more. Hey, scott. >> modest gains across the board. Large tech getting a lift from apple and google. Apple at OPPENHEIMER from 160 to 140, google, 580 to 450. Adobe got the price target taken higher as well by morgan stan lowe. 885 million dollars. Wind river getting a lift of …” …more details…
“… Boeing and air bus — boeing up on the day’s session. Scott wapner has more. Hey, scott. >> modest gains across the board. Large tech getting a lift from APPLE and google. APPLE at oppenheimer from 160 to 140, google, 580 to 450. Adobe got the price target taken higher as well by morgan stan lowe. 885 million dollars. Wind river getting a lift of …” …more details…
“… The income space when things improve. You take a look at the airline business, united saying it’s looking at 150 new planes, $10 million in contracts. Who are they talking to about BOEING and air bus — BOEING up on the day’s session. Scott wapner has more. Hey, scott. >> modest gains across the board. Large tech getting a lift from apple and google. …” …more details…
NASDAQ 1766.19

-61.28  -3.35%
S&P; 500 893.04

0  0.00%
^DIA 83.32

-1.99  -2.33%