Recap of “Countdown to the Closing Bell” – 9/29/09
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Listed below are stocks that were mentioned in Fox Business’s Countdown to the Closing Bell on Tuesday September, 29th.
Fox Business guides viewers into the end of the trading day with Countdown to the Closing Bell. This recap of the day in the financial markets is hosted by Liz Claman. The biggest stories are covered in this hour long program that begins at 3pm ET.
Want to know everything that was said on Countdown to the Closing Bell? Then you have to watch it. Visit Fox Business for show times and channel guides.
Fox Business – Countdown to the Closing Bell Stock Commentary for 9/29/2009
3:58:27 PM
CIT
$2.18 CIT Group, Inc.
“… CIT group plummeted over the past year. >> paulson talking about a plan indy mac. $10 billion credit facility to clean up its balance sheet. >> astro tech, hit a 52 week high. It has a low market cap, but it is a provider of government safe services. Up 143%. The market liked it. Sent the stock soaring. >> those are your seven late "bulls and bears" starts right >> the trading day is coming to an end but the business day continues. Here’s what’s come up on "bulls and bears." >> the government healthcare option goes down in flames in a crucial vote in the key senate committee. It all went down an hour ago. Some say this losing battle could help democrats get a bill …”
– CIT on Countdown to the Closing Bell
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3:57:32 PM
PJC
$49.04 Piper Jaffray Companies
“… Be the sole audio electronic provider. Because of it. Up 7.65%. Having a nice day. Number six, mcgraw hill, exchange was just talking about it. Publisher was up after PIPER JAFFRAY analyst said he saw up side. Other consumer discretionary stocks were up as well. Walgreens, this is your s&p 500 leader today. The stock hit a 52-week high. You can get a flu shot there for $25. Shares rock today. They reported results that beat the expectations. Keep in ind, though, they did post 1.6% drop in fiscal fourth quarter profit but beat what wall street was that’s all you have to do these days. Cvs up as well. Number four is moody’s investor services up, way up, almost 11% because PIPER JAFFRAY analyst said the debt issue trends suggest up side for the company. So the stock had a nice day. Fair amount of volume, too. Number three, ganette, the soups are up. With a? I said the same thing. 85 daily newspapers under ganette including "usa today." [brief pause in captioning] cit group plummeted over the past year. >> paulson talking about a plan indy mac. $10 billion credit facility to clean up its balance sheet. …”
– PJC on Countdown to the Closing Bell
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3:56:49 PM
MHP
$26.10 McGraw-Hill Companies, Inc.
“… They make and develop audio systems for cars, professional services, et cetera. They were selected by bmw to be the sole audio electronic provider. Because of it. Up 7.65%. Having a nice day. Number six, MCGRAW HILL, exchange was just talking about it. Publisher was up after piper jaffray analyst said he saw up side. Other consumer discretionary stocks were up as well. Walgreens, this is your s&p 500 leader today. The stock hit a 52-week high. You can get a flu shot there for $25. Shares rock today. They reported results that beat the expectations. Keep in ind, though, they did post 1.6% drop in fiscal fourth quarter profit but beat what wall street was that’s all you have to do these days. Cvs up as well. Number four is moody’s investor services up, way up, almost 11% because piper jaffray analyst said the debt issue trends suggest up side for the company. So the stock had a nice day. Fair amount of volume, too. Number three, ganette, the soups are up. With a? I said the same thing. 85 daily newspapers under ganette including "usa …”
– MHP on Countdown to the Closing Bell
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3:55:26 PM
MOT
$8.40 Motorola, Inc.
“… Have to cook. Google android operating system. Preorders next month from october 19 to november 1. They don’t say when it’s available but the first MOTOROLA rolling out the android platform. Yet another smart phone coming your way. >> seen the ads for it. Looking good. Dan greenhouse, final word? >> i’m looking at which will come tomorrow morning the adp employment figure to give us the first read with respect to friday employment report. I think obviously at this point in time you see improvement in the labor a crucial month in terms of the degree in which we move one way or another. Better than expected report tomorrow bodes well for the market through the rest of >> still seeing the job losses but fewer. >> fewer job losses. Still a lot of people, miller tabak we expect 170,000 people lost their job in december. >> do we hit 10% unemployment? >> we have it going to 10.2%. When you get there, the question is no longer are we getting to 10% or 10.2%. But how fast do we get back to 9% or how fast do we get to 8%? That is the overriding concern for 2010 and 20111. >> liz: dan greenhouse, thank five minutes from the close. Get to tracy byrnes with our seven late movers. …”
– MOT on Countdown to the Closing Bell
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3:55:18 PM
GOOG
$497.59 Google, Inc.
“… Have to cook. GOOGLE android operating system. Preorders next month from october 19 to november 1. They don’t say when it’s available but the first motorola rolling out the android platform. Yet another smart phone coming your way. >> seen the ads for it. Looking good. Dan greenhouse, final word? >> i’m looking at which will come tomorrow morning the adp employment figure to give us the first read with respect to friday employment report. I think obviously at this point in time you see improvement in the labor a crucial month in terms of the degree in which we move one way or another. Better than expected report tomorrow bodes well for the market through the rest of >> still seeing the job losses but fewer. >> fewer job losses. Still a lot of people, miller tabak we expect 170,000 people lost their job in december. >> do we hit 10% unemployment? >> we have it going to 10.2%. When you get there, the question is no longer are we getting to 10% or 10.2%. But how fast do we get back to 9% or how fast do we get to 8%? That is the overriding …”
– GOOG on Countdown to the Closing Bell
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3:54:36 PM
SBUX
$20.37 Starbucks Corp.
“… Mcgraw-hill, "washington post," time warner cable, cvs, you get the picture. >> liz: shibani at the nasdaq. >> we have mixed economic data that continues to roll out and in spite of this, the way you’re going to urvive the economy is rolling out the new products that people STARBUCKS. Doing a good job of this. 20 years in the making. The new via instant coffee mix, we’ll see if it pays off for the java giant. Certainly a good example of a company continues to innovate. >> liz: I buy that. Instant coffee where I don’t have to cook. Google android operating system. Preorders next month from october 19 to november 1. They don’t say when it’s available but the first motorola rolling out the android platform. Yet another smart phone coming your way. >> seen the ads for it. Looking good. Dan greenhouse, final word? >> i’m looking at which will …”
– SBUX on Countdown to the Closing Bell
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3:54:23 PM
TWX
$29.25 Time Warner, Inc.
“… They’re obviously the newspaper publisher and they publish "usa today." coming out with the third quarter earnings outlook that topped the analysts estimate. Ganette up 18% and takes the group up with it. Mcgraw-hill, "washington post," TIME WARNER cable, cvs, you get the picture. >> liz: shibani at the nasdaq. >> we have mixed economic data that continues to roll out and in spite of this, the way you’re going to urvive the economy is rolling out the new products that people starbucks. Doing a good job of this. 20 years in the making. The new via instant coffee mix, we’ll see if it pays off for the java giant. Certainly a good example of a company continues to innovate. >> liz: I buy that. Instant coffee where I don’t have to cook. Google android operating system. Preorders next month from october 19 to november 1. They don’t say when it’s …”
– TWX on Countdown to the Closing Bell
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3:54:21 PM
WPO
$471.06 The Washington Post Company
“… This is one to talk about. They’re obviously the newspaper publisher and they publish "usa today." coming out with the third quarter earnings outlook that topped the analysts estimate. Ganette up 18% and takes the group up with it. Mcgraw-hill, "WASHINGTON POST," time warner cable, cvs, you get the picture. >> liz: shibani at the nasdaq. >> we have mixed economic data that continues to roll out and in spite of this, the way you’re going to urvive the economy is rolling out the new products that people starbucks. Doing a good job of this. 20 years in the making. The new via instant coffee mix, we’ll see if it pays off for the java giant. Certainly a good example of a company continues to innovate. >> liz: I buy that. Instant coffee where I don’t have to cook. Google android operating system. Preorders next month from …”
– WPO on Countdown to the Closing Bell
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3:54:21 PM
MHP
$26.11 McGraw-Hill Companies, Inc.
“… This is one to talk about. They’re obviously the newspaper publisher and they publish "usa today." coming out with the third quarter earnings outlook that topped the analysts estimate. Ganette up 18% and takes the group up with it. MCGRAW-HILL, "washington post," time warner cable, cvs, you get the picture. >> liz: shibani at the nasdaq. >> we have mixed economic data that continues to roll out and in spite of this, the way you’re going to urvive the economy is rolling out the new products that people starbucks. Doing a good job of this. 20 years in the making. The new via instant coffee mix, we’ll see if it pays off for the java giant. Certainly a good example of a company continues to innovate. >> liz: I buy that. Instant coffee where I don’t have to cook. Google android operating system. Preorders next month from …”
– MHP on Countdown to the Closing Bell
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3:53:47 PM
RAD
$1.63 Rite Aid Corp.
“… How is it going to wrap up? >> I was going to look at the drugstores. Walgreens beat estimate on prescription sales, cvs care mark up in anticipation of flu shot and flu season. Going in for flu shots. RITE AID doing a flu clinic as well. That stock is up 4% as well. >> liz: thank you, sandra. Nicole at the new york stock exchange where they give out free flu shots. >> they do indeed. A good thing here. Especially in tight quarters here so many of us. Picking up momentum to the down side. Look at ganette. This is one to talk about. They’re obviously the newspaper publisher and they publish "usa today." coming out with the third quarter earnings outlook that topped the analysts estimate. Ganette up 18% and takes the group up with it. Mcgraw-hill, "washington post," time warner cable, cvs, you get the picture. >> liz: shibani at the nasdaq. >> we have mixed economic data that continues to roll out and in spite of this, the way you’re going to urvive the economy is rolling out the new products that people starbucks. Doing a good job of this. 20 years in the making. The new via instant coffee mix, we’ll see if it pays off for the java giant. Certainly a good example of a company continues to innovate. …”
– RAD on Countdown to the Closing Bell
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