Wednesday, July 8, 2009

Market update

AlphaNinja - US Equities drifting lower. Not much news today, but we've got Alcoa kicking off earnings season this afternoon after the close.

Among the active stocks, a couple nice comments from SNS and FDO...And among the losers, Americal Axl and YRCW show us again why owning companies with union workforces is questionable at best, stupid at worst. In YRC Worldwide's case, they practically give the union 10% of the company stock bi-annually to keep them from striking...

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