Great Value In Defense Stocks

Defense stocks have been getting crushed on the fear that Obama is going to cut back on defense spending.  This has created some terrific opportunities. Take a look at this table of five of the largest US defense contractors: Company                        Market…

I Like What Saks Is Doing

Our financial performance is increasingly being challenged by some of the most difficult economic conditions our Company has faced in its 84-year history.  It is our expectation that the economic environment will remain extremely challenging through 2009, if not beyond. …

Tough Quarter At Disney

It’s a really disappointing quarter.  The surprise is that the bigger disappointment came on the media networks side instead of the theme parks.  They took a real hit at ESPN and in the broadcast business, which reflects the tough advertising…

I Like Costco Here

Costco (COST) this morning announced -2% same store sales growth for January and that 2Q earnings for the period ending February 15, 2009 are expected to be "substantially below" consensus estimates of 70 cents a share (COST Press Release ). …