24/7 Wall St.
04-13-2008, 04:30 PM
24/7 Wall St. Daily News
No rest for the weak in a market which even punishes mediocrity. Several widely traded companies made new lows. Firms with heavy debt and poor operating profit prospects were hit particularly hard. Sirius (NASDAQ: SIRI), which is still awaiting approval of its deal with XM Satellite (NASDAQ: XMSR), bottomed. So did Motorola (NYSE: MOT), which appears to be doing worse each quarter in core handset business. Journal Register (NYSE: JRC), the most troubled of the newspaper companies, spent part of the weak under $.20 and will be delisted this week. Several stocks which are leaders in sectors which appear to...http://feeds.feedburner.com/~f/typepad/RyNm?i=xyINEpG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=xyINEpG) http://feeds.feedburner.com/~f/typepad/RyNm?i=SX7uffG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=SX7uffG) http://feeds.feedburner.com/~f/typepad/RyNm?i=iIZXaKg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=iIZXaKg)
complete story here... (http://www.247wallst.com/2008/04/tough-market-ca.html)
No rest for the weak in a market which even punishes mediocrity. Several widely traded companies made new lows. Firms with heavy debt and poor operating profit prospects were hit particularly hard. Sirius (NASDAQ: SIRI), which is still awaiting approval of its deal with XM Satellite (NASDAQ: XMSR), bottomed. So did Motorola (NYSE: MOT), which appears to be doing worse each quarter in core handset business. Journal Register (NYSE: JRC), the most troubled of the newspaper companies, spent part of the weak under $.20 and will be delisted this week. Several stocks which are leaders in sectors which appear to...http://feeds.feedburner.com/~f/typepad/RyNm?i=xyINEpG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=xyINEpG) http://feeds.feedburner.com/~f/typepad/RyNm?i=SX7uffG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=SX7uffG) http://feeds.feedburner.com/~f/typepad/RyNm?i=iIZXaKg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=iIZXaKg)
complete story here... (http://www.247wallst.com/2008/04/tough-market-ca.html)