NEW YORK (AP) -- Shares of SanDisk Corp. slid in premarket trading Tuesday after the maker of flash memory cards posted a larger-than-expected fourth-quarter loss, said it expects 2009 to be challenging and that it may sell stock to raise cash.
Motorola loses $3.6B, suspends dividend, CFO exits- There goes dividend, is buying divie paying stocks safe?
ATLANTA (AP) -- UPS Inc., the world's largest shipping carrier, said Tuesday it swung to a fourth-quarter profit of $254 million. It also said it is freezing management salaries and suspending its match for its employee 401(k) plans as sales slid 5.2 percent, and its chief warned that 2009 will be very difficult because "the consumer is not spending."
http://investmenttools.com/futures/bdi_baltic_dry_index.htm SLOWLY improving
My hunch is SPX 840-850 will be KEY resistance to any rally
D
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