Misery Index for the Week Ended January 23, 2009
January 23, 2009 ndash; The DJIA lost 202 points this last week, or 2.4%, as the drip of negative economic data and downbeat corporate earnings reports continued. All things being equal, it could have been worse, as the 8,000 level was breached each trading session of the shortened week. Here is this weekrsquo;s past Misery Index:nbsp;nbsp;
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Profit warnings ndash; BASF, ECB, Varian, Estee Lauder, Elizabeth Arden, Belden, AZZ, Inc., TD Ameritrade, Ultralife Batteries, Parker Hannifin, United Rentals, Cash America, Air Products, WSP Holdings, Wonder Auto, Electro, Lockheed Martin, Sony, Northrop Grumman, Molina Healthcare, Schlumberger, nbsp;Genuine Parts, MEMC, Interline Brands.nbsp;nbsp;
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Job Cuts ndash; Time Warner (almost 800 jobs), Rio Tinto (1,100 jobs worldwide), Bose (1,000 jobs or 10% of staff),nbsp; Rohm amp; Hahs (900 jobs), Tandy Brands (about 17% of workforce),nbsp; Burberry (more than 500 jobs), BHP Billiton (6,000 jobs), Eaton (5,200 …
Tags for this Post:Alexander ;,
American Greetings;,
Azz Inc,
Baldwin;,
Bank Of America,
Basf,
Bhp Billiton,
California,
CC Media Holdings;,
Compass Bank;,
Deutsche Bank,
Eaton,
Genuine Parts,
Hsbc Holdings,
Intel,
Japan,
JOHNSON-CONTROLS,
Lockheed Martin,
Louis Yamada;,
Marylandrsquo;s government;,
Merrill Lynch,
microsoft,
Mitsubishi,
Molina Healthcare;,
Moodyrsquo;s Investors Service;,
North Carolina,
Northrop Grumman,
Parker Hannifin,
Pearl Harborrdquo;,
Pennsylvania,
real estate rates;,
Rhode Island,
rio tinto,
Rite Aid,
Rohm,
Schlumberger,
Sioux Falls,
Small & Micro Cap,
small cap pulse,
Sony,
State Pension Funds;,
State Street,
the Doors;,
Time Warner,
Ultralife Batteries,
United Rentals,
United States,
USD,
Volkswagen,
wall street,
Warren Buffet,
West Virginia,
WSP Holdings;