Recap of “Closing Bell” – 10/6/09
Ockham’s daily Recap of Closing Bell.
Listed below are stocks that were mentioned in CNBC’s Closing Bell on Tuesday October, 6th.
The last hour of the trading day can be extremely important as volatile swings can work with or against the investor. CNBC’s Closing Bell hosted by the duo of Maria Bartiromo and Dylan Ratigan will guide investors into the end of the day’s trading live from the NYSE. Interviews with industry movers and shakers lend unique viewpoints to the day’s events. Stocks mentioned during the two hour program (beginning at 3pm ET) are listed below with accompanying research.
Want to know everything that was said on Closing Bell? Then you have to watch it. Visit CNBC for show times and channel guides.
CNBC – Closing Bell Stock Commentary for 10/6/2009
5:00:59 PM
YUM
$35.17 Yum! Brands, Inc.
Yum! Brands, Incorporated (YUM) Discussed on CNBC’s Closing Bell Yum! Brands, Incorporated is in the news. Find out how this impacts YUM trading on Ockham Research. You have a very good night. "news now." >>> a record-setting day for gold, closing at 1,039.70 an but adjusted for inflation gold would have to close at over $2,300 to beat its previous >>> YUM BRANDS up after the bell on strong earnings, strong results in china, and lower than expected taxes helping the company’s margin. >>> at&t says it’s taking steps to allow internet telephone services to work not its 3g that means you soon might be able to use skype on your apple iphone. At cnbc.Com news now, i’m bertha coombs. Starts right now. >>> gold at a record and the dollar takes a dive. With the markets this interesting we decided to do the show live from cnbc’s global this is "fast money." i’m melissa lee. These of course are your "fast money" traders. We’ll stay all over these moving parts tonight. The voice on gold and currencies, dennis gartman will join us later on in the show. Has this two-day rally put the bull back on the track? “… n china, and lower than expected taxes helping the company’s margin. >>> at&t; says it’s taking steps to allow internet telephone services to work not its 3g that means you soon might be able to use skype on your apple iphone. At cnbc.Com news now, i’m bertha coombs. Starts right now. >>> gold at a record and the dollar takes a dive. With the markets this interesting we decided to do the show live from cnbc’s global this is “fast money.” i’m melissa lee. These of course are your “fast money” traders. We’ll stay all over these moving parts tonight. The voice on gold and currencies, dennis gartman will join us later on in the show. Has this two-day rally put the bull back on the track? …” – YUM on Closing Bell |
5:00:38 PM
AA
$13.92 Alcoa, Inc.
Alcoa, Incorporated (AA) Discussed on CNBC’s Closing Bell Alcoa, Incorporated is in the news. Find out how this impacts AA trading on Ockham Research. >>> here’s what to watch for >> i’m mt. Nesto. Earnings central, going to be watching for a couple of big names tomorrow. Monsanto, costco, and family then after the close the first of the dow names, ALCOA. >> rick santelli on the floor of the cme group. Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from ALCOA tomorrow afternoon. You’ve got to tune in for that. Thanks for watching. "fast money" is up next. You have a very good night. "news now." >>> a record-setting day for gold, closing at 1,039.70 an but adjusted for inflation gold would have to close at over $2,300 to beat its previous >>> yum brands up after the bell on strong earnings, strong results in china, and lower than expected taxes helping the company’s margin. >>> at&t says it’s taking steps to allow internet telephone services to work not its 3g that means you soon might be able to use skype on your apple iphone. At cnbc.Com news now, i’m bertha coombs. Starts right now. >>> gold at a record and the dollar takes a dive. With the markets this interesting we decided to do the show live from cnbc’s global this is "fast money." i’m melissa lee. These of course are your "fast money" traders. We’ll stay all over these moving “… Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p; 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from ALCOA tomorrow afternoon. You’ve got to tune in for that. Thanks for watching. “fast money” is up next. You have a very good night. “news now.” >>> a record-setting day for gold, closing at 1,039.70 an but adjusted for inflation gold would have to close at over $2,300 to beat its previous >>> yum brands up after the bell on strong earnings, strong results in china, and lower than expected taxes helping the company’s margin. >>> at&t; says it’s taking steps to allow internet telephone services to work not its 3g that means you soon might be able to use skype on your apple iphone. At cnbc.Com news now, i’m bertha coombs. Starts right now. >>> gold at a record and the dollar takes a dive. With the markets this interesting we decided to do the show live from cnbc’s global this is “fast money.” i’m melissa lee. These of course are your “fast money” traders. We’ll stay all over these moving …” – AA on Closing Bell |
4:59:47 PM
CME
$287.55 CME Group, Inc.
CME Group, Incorporated (CME) Discussed on CNBC’s Closing Bell CME Group, Incorporated is in the news. Find out how this impacts CME trading on Ockham Research. >>> here’s what to watch for >> i’m mt. Nesto. Earnings central, going to be watching for a couple of big names tomorrow. Monsanto, costco, and family then after the close the first of the dow names, alcoa. >> rick santelli on the floor of the CME GROUP. Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from alcoa tomorrow afternoon. You’ve got to tune in for that. Thanks for watching. "fast money" is up next. You have a very good night. “… Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p; 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from alcoa tomorrow afternoon. You’ve got to tune in for that. Thanks for watching. “fast money” is up next. You have a very good night. …” – CME on Closing Bell |
4:59:40 PM
COST
$57.95 Costco Wholesale Corp.
Costco Wholesale Corporation (COST) Discussed on CNBC’s Closing Bell Costco Wholesale Corporation is in the news. Find out how this impacts COST trading on Ockham Research. >>> here’s what to watch for >> i’m mt. Nesto. Earnings central, going to be watching for a couple of big names tomorrow. Monsanto, COSTCO, and family then after the close the first of the dow names, alcoa. >> rick santelli on the floor of the cme group. Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from alcoa tomorrow afternoon. You’ve got to tune in for that. “… Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p; 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from alcoa tomorrow afternoon. You’ve got to tune in for that. …” – COST on Closing Bell |
4:59:40 PM
MON
$75.88 Monsanto Company
Monsanto Company (MON) Discussed on CNBC’s Closing Bell Monsanto Company is in the news. Find out how this impacts MON trading on Ockham Research. >>> here’s what to watch for >> i’m mt. Nesto. Earnings central, going to be watching for a couple of big names tomorrow. MONSANTO, costco, and family then after the close the first of the dow names, alcoa. >> rick santelli on the floor of the cme group. Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from alcoa tomorrow afternoon. You’ve got to tune in for that. “… Stay tuned tomorrow, 1:00 the treasury auctions, 20 billion reopen ten years. I’ll be here. Remember, the only thing bigger than supply these days are the question why yields are so low while we’re auctioning off said tune in. >>> before we go, here’s a look at the day on wall street. Does not hurt to look at the screen today. Dow jones industrial average higher by 131 points. A gain of more than 1%. The nasdaq higher by 1 3/4%. 35 points for the nasdaq today. Back above the 2,100 level. The s&p; 500 also higher by a little more than 14 points. That is a gain of more than 1%. No fears here ahead of the key earnings season going to justify this megarally we’ve seen? We’re going to find out from alcoa tomorrow afternoon. You’ve got to tune in for that. …” – MON on Closing Bell |
4:56:00 PM
AWX
$2.70 Avalon Holdings Corp.
Avalon Holdings Corporation (AWX) Discussed on CNBC’s Closing Bell Avalon Holdings Corporation is in the news. Find out how this impacts AWX trading on Ockham Research. Vacancies are more foreclosures for sale, far lower home prices, and the first-time home buyer tax credit. That’s moving would-be renters into the home buying. Now, interesting, given the dismal numbers we’re seeing in the apartment sector, apartment reits are actually on an upswing. Names like AVALON bank, hamden property trust. Why? Well, many investors believe that while the sector may not turn around for a few years the down side has already been priced into the equities. >> to the extent that we’ve been saying bad news will happen for apartment properties for some time and we don’t expect any recovery through 2010, now may well be, at least for some investors, the time to buy because these reits are at record low prices. >> now, the question of course is after three months of gains are the best deals already gone? We’re talking about that on the go to it. Michelle? Thank you, diana. Coming up next, a look at what could move the markets tomorrow. We are first in business “… s are actually on an upswing. Names like AVALON bank, hamden property trust. Why? Well, many investors believe that while the sector may not turn around for a few years the down side has already been priced into the equities. >> to the extent that we’ve been saying bad news will happen for apartment properties for some time and we don’t expect any recovery through 2010, now may well be, at least for some investors, the time to buy because these reits are at record low prices. >> now, the question of course is after three months of gains are the best deals already gone? We’re talking about that on the go to it. Michelle? Thank you, diana. Coming up next, a look at what could move the markets tomorrow. We are first in business …” – AWX on Closing Bell |
4:50:27 PM
AA
$13.93 Alcoa, Inc.
Alcoa, Incorporated (AA) Discussed on CNBC’s Closing Bell Alcoa, Incorporated is in the news. Find out how this impacts AA trading on Ockham Research. Came through this one cash flow productivery rose. There are companies in the united states that have not gotten a lot of press. >> matt nesto, when we talk about commodity players. ALCOA is out tomorrow. What should we watch for? >> the price of the metals. I’m looking at tomorrow, ALCOA is getting headlines, monsanto comes in the morning. It is a fertilizer play. It is going to be sensitive to the global economic story. Monsanto will give us a good indication of what we might see from ALCOA. I was looking at the sector by sector breakdown in terms of earnings or loss growth rate, industrials are forecast to show the third widest losses for the i’m not sure if we are going to see a lot of pricing power. I agree we have great companies. By even caterpillar said 0 to that is a forward-looking thing. >> mike, what are you looking for when it comes to ALCOA? >> ALCOA is a good indication where the commodities business is and whether or not demand is picking up. If you don’t see a good revenue number from ALCOA or decent guidance or at least neutral, I don’t think ALCOA is going to do it for us. I think the commodities plays particularly with the weak ALCOA will probably not disappoint. >> pete, you are watching general dynamics, oracle as what makes them so significant? >> they are bellwethers. They are big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. Watch for ALCOA tomorrow. Earnings season kicks off "closing bell" will have ALCOA’s release the minute the results hit. The first dow stock to report. We bring you complete earnings stwral coverage tomorrow, the puppet behind me has been failing for the last hour. The batteries must be low. >> australia babcock and brown is raising cash today. They expect to take a cornerstone as they seek to pay down debt acquired before the financial crisis. Australian form, graincorp. The company announced plans to buy the world’s fourth largest commercial malt maker, united malt, for $655 million. And we’re getting more on that report that gulf arab states “… ls. I’m looking at tomorrow, ALCOA is getting headlines, monsanto comes in the morning. It is a fertilizer play. It is going to be sensitive to the global economic story. Monsanto will give us a good indication of what we might see from ALCOA. I was looking at the sector by sector breakdown in terms of earnings or loss growth rate, industrials are forecast to show the third widest losses for the i’m not sure if we are going to see a lot of pricing power. I agree we have great companies. By even caterpillar said 0 to that is a forward-looking thing. >> mike, what are you looking for when it comes to ALCOA? >> ALCOA is a good indication where the commodities business is and whether or not demand is picking up. If you don’t see a good revenue number from ALCOA or decent guidance or at least neutral, I don’t think ALCOA is going to do it for us. I think the commodities plays particularly with the weak ALCOA will probably not disappoint. >> pete, you are watching general dynamics, oracle as what makes them so significant? >> they are bellwethers. They are big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. Watch for ALCOA tomorrow. Earnings season kicks off “closing bell” will have ALCOA’s release the minute the results hit. The first dow stock to report. We bring you complete earnings stwral coverage tomorrow, the puppet behind me has been failing for the last hour. The batteries must be low. >> australia babcock and brown is raising cash today. They expect to take a cornerstone as they seek to pay down debt acquired before the financial crisis. Australian form, graincorp. The company announced plans to buy the world’s fourth largest commercial malt maker, united malt, for $655 million. And we’re getting more on that report that gulf arab states …” – AA on Closing Bell |
4:49:56 PM
ORCL
$20.60 Oracle Corp.
Oracle Corporation (ORCL) Discussed on CNBC’s Closing Bell Oracle Corporation is in the news. Find out how this impacts ORCL trading on Ockham Research. Don’t think alcoa is going to do it for us. I think the commodities plays particularly with the weak alcoa will probably not disappoint. >> pete, you are watching general dynamics, ORACLE as what makes them so significant? >> they are bellwethers. They are big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. Watch for alcoa tomorrow. Earnings season kicks off "closing bell" will have alcoa’s release the minute the results hit. The first dow stock to report. We bring you complete earnings stwral coverage tomorrow, the puppet behind me has been failing for the last hour. The batteries must be low. “… e big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. Watch for alcoa tomorrow. Earnings season kicks off “closing bell” will have alcoa’s release the minute the results hit. The first dow stock to report. We bring you complete earnings stwral coverage tomorrow, the puppet behind me has been failing for the last hour. The batteries must be low. …” – ORCL on Closing Bell |
4:49:56 PM
GD
$65.94 General Dynamics Corp.
General Dynamics Corporation (GD) Discussed on CNBC’s Closing Bell General Dynamics Corporation is in the news. Find out how this impacts GD trading on Ockham Research. Don’t think alcoa is going to do it for us. I think the commodities plays particularly with the weak alcoa will probably not disappoint. >> pete, you are watching GENERAL DYNAMICS, oracle as what makes them so significant? >> they are bellwethers. They are big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. Watch for alcoa tomorrow. Earnings season kicks off "closing bell" will have alcoa’s release the minute the results hit. The first dow stock to report. We bring you complete earnings stwral coverage tomorrow, the puppet behind me has been failing for the last hour. The batteries must be low. “… e big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. Watch for alcoa tomorrow. Earnings season kicks off “closing bell” will have alcoa’s release the minute the results hit. The first dow stock to report. We bring you complete earnings stwral coverage tomorrow, the puppet behind me has been failing for the last hour. The batteries must be low. …” – GD on Closing Bell |
4:49:20 PM
CAT
$51.70 Caterpillar, Inc.
Caterpillar, Incorporated (CAT) Discussed on CNBC’s Closing Bell Caterpillar, Incorporated is in the news. Find out how this impacts CAT trading on Ockham Research. Earnings or loss growth rate, industrials are forecast to show the third widest losses for the i’m not sure if we are going to see a lot of pricing power. I agree we have great companies. By even CATERPILLAR said 0 to that is a forward-looking thing. >> mike, what are you looking for when it comes to alcoa? >> alcoa is a good indication where the commodities business is and whether or not demand is picking up. If you don’t see a good revenue number from alcoa or decent guidance or at least neutral, I don’t think alcoa is going to do it for us. I think the commodities plays particularly with the weak alcoa will probably not disappoint. >> pete, you are watching general dynamics, oracle as what makes them so significant? >> they are bellwethers. They are big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. “… ike, what are you looking for when it comes to alcoa? >> alcoa is a good indication where the commodities business is and whether or not demand is picking up. If you don’t see a good revenue number from alcoa or decent guidance or at least neutral, I don’t think alcoa is going to do it for us. I think the commodities plays particularly with the weak alcoa will probably not disappoint. >> pete, you are watching general dynamics, oracle as what makes them so significant? >> they are bellwethers. They are big place holders in our portfolios. They have money to spend. If it enhances productivity, if is a product you can’t get anywhere else, good pricing and volume tells us we are on the right track. >> gentlemen, good discussion. …” – CAT on Closing Bell |