Tuesday, August 18, 2009

Tuesday Premarket

AlphaNinja - US stocks are up in premarket trading, ready to recoup some of the losses of the last two sessions. Positive economic news out of Germany is boosting European shares. Target(TGT) beat earnings handily, reporting 79cents per share versus expectations of 66cents. Home Depot (HD) also reported better than expected earnings, and is up 3% in early trading.

Dole foods will raise some equity in the public markets, should be a good example of "price discovery" for LBO firms and their investments.

The market is pricing in what you already know - that the "recovery" is not a sure thing.

Those rental car "walk around" inspections they do? About to get more annoying.

NYTimes interview with Best Buy CEO Brian Dunn

Cities and local governments reselling tax bills to private collection firms?

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