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Sign up now for FREE! www.quickinfo247.com Analyst Says Recession Could Drag Oil Below $50 - Reuters calgary, alberta, oct 2 (reuters) - a deep and sustained worldwide recession could push oil prices below $50 a barrel, oil analyst philip verleger said on thursday, as the ongoing financial crisis cuts demand. verleger, an independent oil analyst who ... www.reuters.com Analyst: Best Buy Video-game Sales Vulnerable shares of best buy co. dropped thursday after an analyst said the electronics retailer risks losing some of its video-game business if consumers embrace nintendo's newest portable gaming device, and opt to download many of their games instead of purchasing them from stores. biz.yahoo.com Open Text Shares Slip After Analyst Cuts Rating open text corp. shares slid thursday after an analyst downgraded the stock on concerns that the economic slowdown will hurt sales of its business software licenses. biz.yahoo.com Akamai Shares Sink On Fear Economy May Slow Growth - Businessweek shares of akamai technologies inc. sank thursday after analysts said the troubled economy and growing competition could limit the digital media delivery company's growth. shares of cambridge, mass.-based akamai dropped $1.61, or 9.4 percent, to $15 ... www.businessweek.com Global Auto Slowdown May Compound Carmaker Woes - Reuters India detroit (reuters) - automakers have all but written off a recovery in the u.s. market, the largest in the world, until 2010. now for the really bad news: the u.s. economic malaise has spread to other key markets, including europe, killing hope ... in.reuters.com Analyst: Best Buy Video-game Sales Vulnerable shares of best buy co. dipped thursday after an analyst said the electronics retailer risks losing some of its video-game business if consumers embrace nintendo's newest portable gaming device, and opt to download many of their games instead of purchasing them from stores. biz.yahoo.com Analyst Tells Economic Forum That Nevada Is In Recession carson city -- nevada is in a recession right now and the outlook won’t improve in the short term, an analyst today told a panel of business people charged with projecting tax revenues for the upcoming state budget. www.lvrj.com Farmers, Ranchers Could Feel Credit Crunch - Houston Chronicle lubbock, texas — u.s. farmers and ranchers, already feeling the crunch from rising costs for fuel and other production needs, may have a tougher time getting loans they need next year because of the national credit crisis, agriculture officials ... www.chron.com Gartner: Wall Street Woes Won't Take Down Tech - New York Times it spending is faring better than the overall economy, and the sector "will avoid a recession in 2008," says gartner. but in a report sent to clients this week, the analyst firm says it believes it budgets will show "very low year-over-year growth ... www.nytimes.com Ibm Drops After Analyst Cites Risks From Bad Debt (update3) oct. 1 (bloomberg) -- international business machines corp. fell the most in more than three years in new york trading after a sanford c. bernstein analyst said the increased risk of customers failing to pay their bills could hurt profit. www.bloomberg.com Analyst Sees Desperation In Microsoft Searchperks microsoft's effort to woo internet searchers with financial incentives strikes one wall street analyst as a "desperate move" that will make little headway. news.yahoo.com Ge Shares Drop As Analyst Lowers Profit Estimate - Msn Moneycentral new york (ap) - shares of general electric co. tumbled close to a 52-week low wednesday as an analyst lowered his profit estimate for the year and 2009, citing a bleak outlook for the conglomerate's finance business. in a note to investors late ... moneycentral.msn.com Homeowners Facing Foreclosure May See Little Benefit From Wall Street ... - Baltimore Sun washington (ap) _ the harsh reality for murielle montes and hundreds of thousands of homeowners who are behind on their mortgages is this: a $700 billion bailout of the financial industry will probably do little to help them avoid foreclosure. on ... www.baltimoresun.com Analyst Upbeat On Petsmart's Prospects petsmart inc. is poised to gain from higher prices on the services side of its business and continued demand for less discretionary products, an analyst said wednesday. biz.yahoo.com Inc. Rated 'speculative Buy,' Target Price $2.30 By Beacon Equity Research Business Editors (ap:dallas--) (business wire) _ oct. 02, 2008--mediag3 inc. (pink sheets: mdgc) has been rated speculative buy with a price target of $2.30 by beacon analyst, victor sula, ph.d. news.ino.com Around The Street: Credit Freeze, Economic Chill - Businessweek as investors await the fate of the u.s. financial-system rescue plan , scheduled for a vote in the house of representatives on oct. 5, credit markets remain under enormous strain. and the freeze-up in lending activity does not bode well for u.s ... www.businessweek.com Constellation Deal Still On - Baltimore Sun warren e. buffett 's midamerican energy holdings co. said thursday that it is moving forward with a planned $4.7 billion acquisition of baltimore-based constellation energy group after completing a review of the bge parent's retail and wholesale ... www.baltimoresun.com Ge Shares Drop As Analyst Lowers Profit Estimate shares of general electric co. tumbled close to a 52-week low wednesday as an analyst lowered his profit estimate for the year and 2009, citing a bleak outlook for the conglomerate's finance business. biz.yahoo.com Ibm Falls For Second Day As Analyst Cuts Forecasts (update1) oct. 2 (bloomberg) -- international business machines corp. , the world's biggest seller of computer services, has fallen more than 11 percent in new york trading over the past two days on concern that the financial crisis may eat into profit. www.bloomberg.com Marriott Books Lower 3q Profit, Expects Tough 2009 - Houston Chronicle bethesda, md. — hotel company marriott international inc. said thursday that its third-quarter profit dropped 28 percent, compared to 2007, and it warned investors about deteriorating conditions for 2009 amid the ongoing financial crisis. marriott ... www.chron.com |