Financial News from Closing Bell from 4/7/2009

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Recap of "Closing Bell" - 4/7/09

Ockham's daily Recap of Closing Bell.

Listed below are stocks that were mentioned in CNBC's Closing Bell on Tuesday April, 7th.


Want to know everything that was said on Closing Bell? Then you have to watch it. Visit CNBC for show times and channel guides.
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CNBC - Closing Bell Stock Commentary for 4/7/2009

The most recent commentary from CNBC followed by Ockham
“… >>> once again, the dow industrials today down in the triple digits with a decline on the session of 186. Off of the worst levels but still down almost 2%. Nasdaq and s&p 500 also under ALCOA reported earnings are a loss for the quarter. After the closing bell, 59 cents a share tonight on revenue of i'll see you tomorrow on "closing bell." "fast money's" up next. Thanks so much for being with …” …more details…
“… >>> i'm matt nesto with the earnings desk. We're going to be watching for three stocks in three sectors. Family dollar in the discount retail space. CONSTELLATION BRANDS selling good old-fashioned booze for lack of a better term. And then we've got the shar they're one of those stimulus and engineering space. >>> rick santelli on the floor …” …more details…
“… >>> i'm matt nesto with the earnings desk. We're going to be watching for three stocks in three sectors. FAMILY DOLLAR in the discount retail space. Constellation brands selling good old-fashioned booze for lack of a better term. And then we've got the shar they're one of those stimulus and engineering space. …” …more details…
“… Securities trading business. One potential buyer has already offered $15 million for the business, which madoff previously valued at $700 an auction has been set for april 27th. >>> APPLE's plan to change the prices on its popular itunes website has gone into effect. APPLE had previously sold all songs for 99 cents. But it is now offering tracks in three price tiers. Depending on their popularity. 69 cents, 99 cents, and $1.29. >>> general motors and segway …” …more details…
“… Resumption and a pretty rapid stabilization, I would say. Two-month stabilization is >> see if it's sustainable, we'll see you soon. We appreciate it, john herrmannn, patrick NEWPORT. Up next on "the closing bell" we'll tell you why one automaker thinks two wheels are better than four when riding around in …” …more details…
“… There's no evidence it's having much of an impact on home sales. The nba's purchase index is still falling. FANNIE MAE reported in march it had the strongest re finance since 2002 but it's not translating into buying more homes. The reason is it's still hard to qualify for a loan. You need a high credit score and …” …more details…
“… New and pending home sales rose in february some believe the end of the housing downturn arrived. Others not so sure. John harmon, president and economist with herman patrick NEWPORT with global john, you think the bottom has >> in terms of home sales, I think we're establishing the bottom right now at the end of the first quarter where we've …” …more details…
“… Lockheed martin or raytheon could be enticed by its steep stock decline. There it is at $9 a share. Down 80% in the last year. Jpmorgan upgrading SUNOCO from neutral to underweight boosting because of a potential increase in margins ahead of the summer driving season. SUNOCO's shares tonight finished down 0.25%. SUNOCO at 28.19. Prices beginning to stabilize and buyers coming back to one of the areas hard hit by the up next we debate whether that's a clear sign of a turnaround or more trouble is son the horizon …” …more details…
“… Lockheed martin or raytheon could be enticed by its steep stock decline. There it is at $9 a share. Down 80% in the last year. JPMORGAN upgrading sunoco from neutral to underweight boosting because of a potential increase in margins ahead of the summer driving season. Sunoco's shares tonight finished …” …more details…
“… Pnc down 5%, first niagara up 5.5%. Textron up on rumors that it's a takeover target. Investors speculating either LOCKHEED MARTIN or raytheon could be enticed by its steep stock decline. There it is at $9 a share. Down 80% in the last year. Jpmorgan upgrading sunoco from …” …more details…
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NASDAQ 1965.96

-7.64  -0.39%
S&P; 500 979.26

2.97  0.30%
^DIA 90.97

0.34  0.38%