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NTRS Sheds 450 Jobs - Zacks Tale of the Tape

Zacks Market Commentaries (December 15th, 2008) Writes:
Northern Trust Corp. (NTRS) announced that it aims to shed 450 jobs next year. With this move, the company would save about $50 million to $60 million annually.

The Chicago-based company also stated that it expects to cover severance and benefit costs between $20 million and $25 million in the fourth quarter.

Northern Trust is a Zacks #4 Rank ("Sell") company.

"NTRS" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Posted in Stocks to Watch | No Comments »

Buying Buicks Instead Of Bonds

Contrarian Profits (December 4th, 2008) Writes:

Currencies trade in a tight range…  Another new plan to help homeowners…  RBNZ and Riksbank slash interest rates! The Governorator speaks!… And Now… Today’s Pfennig! It’s going to be a Tub Thumpin’ Thursday in Europe for sure, given the Central Banks of England and the Eurozone are meeting and will probably cut interest rates to levels that haven’t been seen in a while! The automakers are in deep dookie folks, according to them, and are in need of funds / bailout money right now! The head of Ford believes his company can withstand the recession, but fears for GM and Chrysler… The UAW has made some concessions to help the automakers, but it could be a case of too little, too late…

Well… Another day of doldrums in the currencies, with the bias, what little there is, to buy dollars. The stock jockeys received some manna from heaven yesterday when

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Zacks #1 Rank Additions for Tuesday - Zacks Tale of the Tape

Zacks Market Commentaries (September 9th, 2008) Writes:

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

American Financial Group (AFG) Applied Micro Circuits Corp (AMCC) Arrow Electronics Inc (ARW) Axsys Technologies Inc (AXYS) Casey's General Stores Inc (CASY) Central European Distribution (CEDC) China Sunergy Co Ltd (CSUN) Delta Air Lines Inc (DAL) Dorman Products Inc (DORM) Emergency Medical Services Corp (EMS) FMC Corp (FMC) Goodrich Corp (GR) GulfMark Offshore Inc (GLF) Intrepid Potash Inc (IPI) Jacobs Engineering Group Inc (JEC) KANA Software Inc (KANA) Klabin SA (KLBAY) LMI Aerospace Inc (LMIA) Methanex Corp (MEOH) Movado Group Inc (MOV) Northern Trust Corp (NTRS) Permian Basin Royalty Trust (PBT) Pixelworks Inc (PXLW) POSCO (PKX) Sims Group Ltd (SMS) UnionBanCal Corp (UB) Visa Inc (V) Wiley John ...
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