Word: stockings
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...company will report its fourth-quarter results on Jan. 26). McDonald's and Walmart were the only two companies in the Dow Jones industrial average whose share prices rose during 2008. Merrill Lynch, which rates McDonald's a "buy," said in a research report that the stock is "in a world...
...drawn to McDonald's. The company's management also deserves credit for its success. Back in 2003, America's obesity epidemic was a hot topic, and McDonald's suffered from the backlash. For the first time in its 47-year history, the company saw a quarterly loss. Its stock was down to $12 a share. You couldn't just blame bad p.r. for the company's woes. Stale food and tired stores also kept people away. "McDonald's was actively dissuading customers from coming back," says John Glass, a Morgan Stanley analyst...
...raging debate about the largest American banks is whether their stock market values should be zero. Economist Nouriel Roubini, the most highly paid pessimist in the world, recently said that U.S. banks are "insolvent" and credit crisis write-downs will total $3.6 trillion. That is a great deal more than has been taken as losses by financial firms to date...
...dropped to nothing is compelling. Once the government said it would back losses of over $300 billion from the Citi balance sheet, it was a tacit way of saying that Citi was no longer independent. Its market cap is now down to $15 billion, and at $2.80 its stock is a day-trader's dream...
...pictures of the stock market crash...