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Zantrio.com Stock Picks for Mar 2, 09

Discussion in 'Forex Daily News & Outlook' started by zantriocom, Mar 2, 2009.

  1. zantriocom

    zantriocom Member

    Feb 23, 2009
    Likes Received:
    (WGOV) - short
    Woodward Governor cuts 2009 outlook. Co lowers FY09 EPS to $1.40-1.65, vs $1.75 First Call consensus. Co also lowers FY09 revs to $1.3 bln vs $1.46 bln First Call consensus.

    (HMC) - short
    Honda Motor Co, to cut output at home by over 150,000 units in the year from April, bringing its Japanese production below 1 million vehicles for the first time in 14 years.

    (DVA) - short
    DaVita discloses that it is the subject of a number of inquiries by the federal government. Any negative findings could result in substantial financial penalties, exclusion from future participation in the Medicare programs and, criminal penalties.

    (RRD) - short
    Standard & Poor's Ratings Services said it is considering downgrading ratings for R.R. Donnelley & Sons Co., based on fears about the company's performance in 2009 through the economic downturn.

    (HBC) - short
    HSBC Holdings is going to announce plans Monday to raise at least ($17.18 billion) in fresh capital and cut its dividend, according to people familiar with the situation. Even banks that have until now remained healthy are getting hit by the global downturn.

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