December 2, 2008
Midday Rundown: Stocks Slump on Low Consumer Confidence
With a low consumer confidence rating and renewed (again) anxiety about the housing market, it is perhaps no wonder that the market is down this session ( Read More )
JP Morgan Cuts BG To Neutral On Valuation
1348 GMT [Dow Jones] JP Morgan downgrades BG (BG.LN) to neutral from overweight on downside risks to its long-term UK gas price and "overstretched" valuation. Says stock trading on a premium to BP on '08 EV/DACF multiples.
Docu-Drama: Cray executive gets specific on stock-selling plan
Senior vice president of Cray reveals when she plans to sell shares, and at what prices.
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