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Recap of “The Opening Bell on Fox Business” – 5/1/09

Ockham’s daily Recap of The Opening Bell on Fox Business.

Listed below are stocks that were mentioned on Fox Business’s The Opening Bell on Fox Business on Friday May, 1st.

This program gets the day in the market rolling as host Alexis Glick details the developing stories that will dominate the market. This program highlights earnings and data releases as well as interviews and commentary from strategists and trading experts. This show begins 9am ET and runs for one hour, and stocks mentioned on the program are listed below.

Want to know everything that was said on The Opening Bell on Fox Business? Then you have to watch it. Visit Fox Business for show times and channel guides.
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Fox Business – The Opening Bell on Fox Business Stock Commentary for 5/1/2009

The most recent commentary from Fox Business followed by Ockham
“… Business model on the other end, so, they can shed obligations under state and local dealer franchise laws, under the uaw agreement and under the crushing debt load that GENERAL MOTORS one of the other issues here no one is talking about right here, suppose chrysler emerges as a viable part of fiat with little debt, really, and then GM emerges with much, you know, slimmed down company, fewer brands, less debt because of the debt forgiveness provisions of this or the burnt. What about ford? Ford is a company sort of doing everything right and they are going to have to pay off their debts in full unlike GM and >> yeah. >> once you get into these things you start making >> before we wrap up here, you make great points what needs to be done here, perhaps the dead holders in GENERAL MOTORS have a right perhaps not maybe 41% like they’re asking, maybe in the middle. Instead of 10% be maybe 25%, you suggest an exit strategy like we have in iraq for the u.S. Gft. Why are two points essential for closing a deal with GM? >> well, I don’t think they’re essential to closing the deal, but what they are is essential to moving beyond it rearjs of burnt phase and coming out with …” …more details…
“… Emerges with much, you know, slimmed down company, fewer brands, less debt because of the debt forgiveness provisions of this or the burnt. What about FORD? FORD is a company sort of doing everything right and they are going to have to pay off their debts in full unlike gm and >> yeah. >> once you get into these things you start making …” …more details…
“… They’re so focused on chrysler because that’s the way they work, as you get closer to a deadline it’s consuming. You go on to the next issue, the next issue is GENERAL MOTORS, but, you know, it’s highly likely GM will have to go into chapter 11, too. It’s not a bad thing though. The whole purpose of chapter 11 here is to allow a company to shed obligations that it really …” …more details…
“… Shareholders and debt holders and I thought it’s interesting that ron gettelfinger said it’s primarily the chrysler end of the deal and really only on the lower level are they focusing on GM. Suggests they’re far away from getting something accomplished. Is that the next big shoe to drop, is that a bad thing? >> well, no not a bad thing, it’s the next big shoe to drop …” …more details…
“… Better for everyone. The esop owned enterprises if you will, is not good in this country, not gone well. >> let’s get into the GENERAL MOTORS part of it– >> back isn’t it? >> that’s the next big issue, a lot of people think they’re headed to chapter 11 …” …more details…
“… >> our next guest says it’s the warm-up act for the big show, that’s GENERAL MOTORS. Joining us is a former detroit bureau chief for the wall street journal and a pulitzer prize winning financial journalist, paul, so terrific to see you, couldn’t have come on a better …” …more details…
“… Front burner, but it will now that chrysler situation is in play. As soon as everybody gets comfortable with this bankruptcy things will heat up at GENERAL MOTORS because now, again, we find ourselves in another 30-daytime frame. Alexis: is being a uaw worker still a good job in this country? …” …more details…
“… Resolved with chrysler, and fiat, or, another company. So, our focus has been solely on obviously, at lower levels there’s been some discussions at GENERAL MOTORS, but it’s not escalated to the point where we’re in treasury and them serving as a mediator, if you will, to resolve issues, but there’s been a lot of discussion …” …more details…
“… This news and if gm is headed there as well. Let’s count down our seven early movers with business contributor charles payne. >> good morning, alexis, the first two charles’ choices, DRYSHIPS, nicole mentioned a month ago, got hammered. Hold onto it, i’m telling my subscribers to take profits, a fantastic quarter, but this is a chuck e cheese reported this …” …more details…
“… To miss it. We’ll get his reaction to the chapter 11 filing with chrysler and what he is saying his union workers are doing in reaction to this news and if GM is headed there as well. Let’s count down our seven early movers with business contributor charles payne. >> good morning, alexis, the first two charles’ choices, dryships, nicole mentioned a …” …more details…
NASDAQ 1716.24

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S&P; 500 907.39

0  0.00%
^DIA 84.17

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