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Recap of “Power Lunch” – 6/5/09

Ockham’s daily Recap of Power Lunch.

Listed below are stocks that were mentioned on CNBC’s Power Lunch on Friday June, 5th.

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 6/5/2009

The most recent commentary from CNBC followed by Ockham
“… Only people [ female announcer ] bringing people and countries…A little closer. That’s the human network CISCO. Oh, hi! Welcometo progressive.Com.Are you all right? A ferocious white whalewrecked my boat. Well, i’m sure we can …” …more details…
1:30:29 PM TMS $1.00 Thomson
“… >> can’t pass on the genius. >> am I doing the "power play." according to tom according to THOMSON, the stock currently trading at — insert stock price here. Ten buys, three holds and no sells. While the stock is up, …” …more details…
“… He tries to kill magazine covers zooming in on the designer for he’s a meglomaniac and it’s helped the company. >> palm, google, MICROSOFT, they’re all working on new smart phones that’s aiming to take on the iphone. >> and none of them are as gool kool as the iphone. >> I love the pre. …” …more details…
“… He tries to kill magazine covers zooming in on the designer for he’s a meglomaniac and it’s helped the company. >> palm, GOOGLE, microsoft, they’re all working on new smart phones that’s aiming to take on the iphone. >> and none of them are as gool kool as the iphone. >> I love the pre. …” …more details…
“… Right? But when the ceo goes, you have to prove it’s look, more than just me. It seems linebacker the guy who was the innovator, and there’s no way to pass on the genius. >> I think MICROSOFT did an awfully good job handing control from bill gates to steve balmer. But steve jobs more than any …” …more details…
“… Looking gaunt and thin, it could set off new rumors, oh, my gosh, he’s sick and we don’t have a firm answer from APPLE what happened. He hasn’t been there the past the stock is up 70%. Who cares if he’s there or not. >> it’s twoe two things. The sign of a great leader is …” …more details…
“… Mean we’re positive for 2009. We’ll see whether or not the market holds on to that advance. We’re up half a point at 8794, steve. >> I want to talk quickly about CAPITAL ONE. They launched an asset-backed credit card deal. The important thing about this, it’s not with the program that the feds set up and I think what’s interesting here is when …” …more details…
“… >> right it’s on the upside by 6.25%. It’s at $28.75. Better than expected quarterly results for that company. Not the same story for DUPONT which got a downgrade today. It’s down 5.25%, or close to that. …” …more details…
“… >> where do you draw the line? >> I think you draw the line with — you operate in a transparent way. You tell people who’s what the rules are and you don’t change them. I thought CITIGROUP was not doing a bad job. They passed the stress test what >> the "journal" story was …” …more details…
“… Perhaps this is overregulation and that might be the golden >> I look at the fdic issue with CITI and I think the dangerous part of that, it’s becoming a political turf war between the fdic and other regulators. That’s the problem when politicians get involved. They don’t understand the nuance and it becomes a power struggle. …” …more details…
NASDAQ 1764.92

-1.27  -0.07%
S&P; 500 895.1

0  0.00%
^DIA 83.18

-0.14  -0.17%