Cyber Monday top stocks to buy ! eBay Inc.(EBAY) - Overstock.com ( OSTK ) - Cyber Monday penny stock is BIDZ.com ( BIDZ )

The following weekday, called Cyber Monday, is when many Internet users return to their desks and start shopping online.
According to PriceGrabber.com, more than half of the participants in a recent survey said they plan to shop online on Black Friday or Cyber Monday. Of those, two-thirds expect to make purchases on Monday (80% will on Friday, and half will on both days).
Retailers have taken notice of the day as well, the National Retail Federation’s Shop.org unit said. A survey it commissioned from market-research firm Big research found that 87% of retailers are planning Cyber Monday promotions, including free shipping and one-day sales, up from 84% last year.
The survey also found that 54% of employees plan to do some holiday shopping from their work computers, particularly men (56%, compared to 51% of women) and 18- to 24-year-olds (74%).
Following Cyber Monday, Mondays in December will also be key for e-commerce companies, Lazard Capital Markets said in a research report, as consumers check Web sites after browsing brick-and-mortar stores over the weekend.
What are your Cyber Monday plans? Are you holding out for deals until then, or are you pouncing today?

Ebay - ( EBAY ) 23.22 a share target price 1/10 29.00 a share

eBay Inc. (eBay) provides online marketplaces for the sale of goods and services, as well as other online commerce, or ecommerce, platforms, online payments services and online communications offerings to a diverse community of individuals and businesses. The Company has three business segments: Marketplaces, Payments and Communications. Its Marketplaces segment provides the infrastructure to enable global online commerce through a variety of platforms, including the traditional eBay.com platform and eBay’s other online platforms. eBay’s Payments segment comprises its online payment solutions PayPal and Bill Me Later. Its Communications segment, which consists of Skype Technologies S.A. (Skype), enables voice over Internet protocol (VoIP) calls between Skype users, and provides connectivity to traditional fixed-line and mobile telephones. In November 2008, eBay acquired Bill Me Later. In October 2009, the Company sold its 65% interest in online phone company, Skype Technologies. Internet traffic will go up for the holiday season.future is bright, one day will get bought out by a big dog or will surpass amazon in the e-marketplace?undervalued, possible yahoo deal ?eBay, along with their Half site, are the go to websites for many people looking to find great deals, as well as hard to find items. Half's only real competition is Amazon's Marketplace, and as long as Amazon doesn't open up a large auction site they will do great. I'm in this one for the long term. EBAY has a good niche from other online buying sites in that it is not so reliant on new stuff. It makes money on other's junk (and there is a lot of it) in addition to new stuff. Also, by being a large auctioneer it provides a market pulse on the value of many items. Even the IRS has used their going rates for items as a standard for valuating donated items. Lastly, their seller/buyer's rating system allows one to make large purchases with confidence. The ubiquitous access provided by the Internet means their storefront is in almost every home in America and hundreds of millions more around the world. Buy this company and hold for the long term.

Overstock.com ( OSTK ) 14.67 a share target price 18.50 by 1/10

Overstock.com, Inc. is an online closeout retailer offering discount brand name merchandise, including bed-and-bath goods, home decor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel, and designer accessories, among other products. The Company also sells books, magazines, compact disc (CD), digital versatile disc (DVD), and video games (BMMG). In addition, it operates as a section on its Website, an online auction site, a marketplace for the buying and selling of goods and services, as well as, the section on its Website for listing cars and real estate for sale. The Company utilizes the Internet to aggregate the fragmented supply and demand and create a market for liquidation merchandise. It focuses on providing a one-stop discount shopping destination for products and services sold through the Internet.This company is an online closeout retailer offering discount brand name merchandise, including bed and bath goods, home decor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel and designer.this business, sell products cheap to consumers. Like Wal-Mart.Just need to learn how to do it and make money. guess if you wanna look a the bright side it did have a positive quarter finally and its losing less money than it used to. i am buying while everybody hates this stock . If you are here for the long term buy now and hold !The stock is climbing, hang on for a ride!

Bidz.com ( BIDZ ) 2.30 a share , target price is 3.75 by 1/2010

Bidz.com, Inc. is an online retailer of jewelry, featuring a live auction format. The Company offers its products through a continuous live format. The majority of its auctions are short-term, often lasting less than one hour. Its product inventory includes gold, platinum, and silver jewelry set with diamonds, rubies, emeralds, sapphires, and other precious and semi-precious stones, and watches. In addition to its own products, the Company has several independent merchants that sell art, collectibles and gift items. The Company offers to sell products through its Website at www.bidz.com. The Company offers products with a 15-day return policy on all merchandise. This is a company making money with double digit growth with no where to go but up. Great bottom line and future.Online discount jewelry. Huge upside.They should get a better valuation as they become better known and expand internationally. BIDZ live auctions, 24 X 7 allows real bargain shopping on great jewelry. Great business plan - not just for the everyday consumer, but can act as the distributor to retailers as well.Undervalued compared to Bluenile and are financially strong. This is a risky long term penny stock pick , so if you have a stomach for risk buy up some Bidz and make some mad money for your fund !

Tiger Woods is in Serious Condition after car accident in Ocoee Florida...Escalade Air Bags didn't work? Hits firehydrant & Tree at 35 mph ? !

Tiger woods hurt badly ? Fox news reports that he is seriously hurt ! And charges pending against him , Under investigation . WINDERMERE, Fla. -- WESH 2 News has learned that golfer Tiger Woods was injured when he hit a fire hydrant and then a tree outside his Isleworth home early on Friday morning.
The Florida Highway Patrol said Woods was injured in the crash, which took place at about 2:30 a.m., and was taken to Health Central Hospital. The Orange County Fire Department confirmed that a patient was taken to Health Central, but would not confirm that the patient was Woods.
A source told WESH 2 News that Woods has been treated for facial lacerations.
Woods was driving a 2009 black Cadillac Escalade when he lost control and hit a fire hydrant outside his home and a tree outside his neighbor's home, FHP said.
FHP said the crash is still under investigation. It said alcohol did not play a role in the crash, but that charges are pending. Professional golfer Tiger Woods was seriously injured in a car accident early this morning, the Florida Highway Patrol just reported.Woods, 33, pulled out of his driveway in the Isleworth community about 2:25 a.m. when he struck a fire hydrant, and then drove into a tree at his neighbor's property, FHP reported.Woods was transported to Health Central Hospital in Ocoee in serious condition, FHP said. No other information about his condition has been released.A Health Central hospital employee said at 2:30 p.m. that Woods was not a patient. A hospital operator would not say if Woods had been treated and released.FHP said the airbags in Woods' Cadillac Escalade did not deploy, which means the vehicle was traveling under 33 mph.Orange County Fire Rescue received the call for aid at 2:28 a.m. Woods was transported from his Windermere-area neighborhood by the hospital's own ambulance.FHP did not report the accident until just after 2 p.m. today. The agency said the crash remains under investigation and charges are pending.
Copyright © 2009, Orlando fl- Sentinel

top black friday stock - Game Stop - GME

GME - Game Stop 25.60 a share / Target price 32.00 by 2010.
GameStop Corp. (GameStop) is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise. As of January 31, 2009, the Company operated 6,207 stores in the United States, Australia, Canada and Europe, primarily under the names GameStop and EB Games. During the fiscal year ended January 31, 2009, GameStop operated its business in four segments: United States, Canada, Australia and Europe. On April 5, 2008, GameStop acquired Free Record Shop Norway AS. In July 2008, the Company purchased certain assets and Website operations from The Gamesman Limited, a video game and entertainment software retailer, including eight stores in New Zealand
GameStop is offering several of their (non-discounted) games as "Guaranteed In Stock", rather than providing much in the way of a sale tomorrow. Below, I list all of the games that they have available, but you'll notice that they're either only moderately discounted Used titles, or non-discounted New titles.

One deal actually worth mentioning is Left 4 Dead for $30, but many retailers are selling the game for 30-35 tomorrow, making the deal good, but not special. Another item that you should take note of is that GameStop's price on the Wii Motion Plus controller seems to be $5 higher than the average retail price for the accessory, let alone "on sale!"

A small note of advice, which I offer with much respect; used games and systems should probably be given to older gamers. First off, with age comes understanding ("Mommy, why's my PSP scratched?"), and second, younger gamers tend to put more wear and tear on games and systems. Stuff that comes pre-worn-out might not last as long. Please bear in mind, I offer this as advice, and not judgement. The flipside to the "don't buy used gifts" argument is budget and bang for the buck. If you can't get new, you can't get new! That's OK! And while buying used you do get more for your money. But please, know how your children might react before plunking down your hard earned cash. Every kid is different.

Buy 2 Get 1 Free On All Pre-Owned Games and Accessories

When it comes to Black Friday, many stores try to outdo one another with their sales and doorbuster deals. And a lot of stores have now got all their Black Friday deals online, giving people a chance to get a head start on tomorrow.
And Black Friday is probably the best time of year to do your shopping, because the stores do so many great deals then. And if it is deals on video games or games consoles you are looking for, then we may just have a great deal for you.
Gamestop.com has the “Beatles Rock Band” game for the Xbox 360, at a discounted price of $49.99. So if you fancy yourself as a Ringo Starr or even a Paul McCartney, then you may just want to check out this fantastic game.
With “Beatles Rock Band,” you won’t just be watching and listening as the Beatles make rock history, or create landmark records, you’ll be part of the band instead. The songs on the game include “I Feel Fine” and “Paperback Writer.”

I'm thinking very undervalued, great potential.Videogaming isn't going to stop. This company hasn't seen it's best days yet Video game store sales will be up this fall. There are plenty of good games coming out. GME is here to stay. This is one of the only sectors that Wal-Mart cannot sell for cheaper, and thats why I like it. Halo 3 just released. Modern Warfare and Assassins Creed 2 will boost next quarter sales. Parents will do what makes their kids happy. Gamestop makes kids happy ,Recession or no recession gaming trudges on. The price cuts on consoles should help the holiday season as families are more willing to open their wallets this year .games are only increasing in popularity as they move towards central home entertainment units (see xbox 360 with netflix and ps3) and as games become more and more involved (essentially active storytelling that movies alone can't provide). gamestop is the dominant player here .great pe multiple and dominant player in growth industry ,Low P/E, Earnings expected to increase, beginning to uptrend.video games rock , and rocking to a higher share price , this is a long term play !

Happy Thanksgiving Stock Pick China BAK Battery ( CBAK ) ( Long Term penny stock ) !

China BAK Battery Inc ( CBAK ) 3.13 a share Target price 6.00 by 2010.
China BAK Battery, Inc. is engaged in manufacturing rechargeable lithium-based battery cells. It produces battery cells that are the principal component of rechargeable batteries used to power applications, such as cellular phones, notebook computers, portable consumer electronics, such as digital cameras, portable media players, portable gaming devices and personal digital assistants (PDA), and other applications, such as cordless power tools, mining lamps, light electric vehicles and hybrid electric vehicles. Its products are packed into batteries by third-party battery pack manufacturers in accordance with the specifications of manufacturers of portable electronic applications. Its prismatic cells are targeted at the People’s Republic of China replacement market, where cellular phone batteries produced by independent battery manufacturers are purchased for use in second-hand cellular phones or as back-up batteries, and primarily comprises steel-case cells. China BAK Battery, Inc. (CBAK) – Shares of the Chinese battery manufacturer rose sharply higher after Indie Research issued a report highlighting the company as a potential play on China’s environmental protection spending that is supposed to more than double through 2015. According to Bloomberg, the world’s largest producer of greenhouse gases could spend as much as $454 billion on such initiatives.China BAK Battery, Inc. (Nasdaq: CBAK) is one of the largest manufacturers of lithium-based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices, and PDAs. Recently, China BAK was accepted into the approved vendor list of an international first-tier OEM notebook computer manufacturer. China BAK Battery, Inc.¡¯s 3.0-million-square-foot facilities are located in Shenzhen and Tianjin, PRC, and have been recently expanded to produce new products.

China BAK Battery Inc. operates through three wholly-owned subsidiaries. Founded in August 2001, the company's Shenzhen BAK subsidiary develops and manufactures prismatic cells and cylindrical cells. The Company's other subsidiary located in Shenzhen, BAK Electronics, develops and manufactures lithium polymer cells. BAK International (Tianjin) Ltd., the third operating subsidiary located in Tianjin, is principally engaged in the manufacture of advanced lithium ion batteries for use in electric bicycles, power tools, uninterruptible power supplies, and other applications. China BAK Battery became an US publicly traded company in January 2005 through a merger and stock exchange transaction. In May 2006, China BAK Battery began trading on the NASDAQ Stock Market under the symbol CBAK.outperform as China emerging markets will continue to surge.This is a hot sector in a hot country. Like many in the sector, the company isn't yet profitable, however it is cash flow positive. It's cheap compared ot its Chinese battery peers on a P/S basis.Lithium battery are all the rage and for good reason. they are used everywere and developement of hybrid vehicle is adding fuel to the fire.... Risky, but promising. Demand for Li-Ion batteries will increase with the use of portable electronics and electric vehicles. Others uses will be implemented. China has the right mix of reasonably priced labor and tech know how to remain an exporter of electronics goods, especially those whose origin is generaly not readily apparent to the consumer, like batteries. China as a nation also has direct access to most of the worlds major lithium ore deposits.China, manufacturing, batteries for an electronic age. This is a well run company with a strong business plan, strong leadership, obvious winner. Great Potential

U.S.A. Consumers Confidence rose in november 2009 ! Will the market make big gains today ?

-- Confidence among U.S. consumers unexpectedly rose in November as a brightening outlook masked growing concern over joblessness.

The Conference Board’s confidence index increased to 49.5 from 48.7 the prior month. The New York-based Conference Board’s index, which focuses on the labor market and purchase plans, averaged 58 in 2008 and 103.4 in 2007.

The report showed Americans fretted over jobs, signaling the highest unemployment rate in 26 years may restrain spending and limit the recovery from the worst recession since the 1930s. Target Corp. last week said it remains cautious about sales this quarter and expects to offer incentives spur holiday shopping.

“Labor market perceptions are very weak,” said David Sloan, chief U.S. economist at 4Cast Inc. in New York, who forecast an increase in confidence. “What did drive is up was expectations, optimism that things will get better, not that things have gotten better.”

Other reports today showed home prices rose and the economy grew at a slower pace last quarter as consumer spending climbed less than the government previously estimated.

Stocks Fall

Stocks dropped following the reports on concern over the outlook for household purchases. The Standard & Poor’s 500 Index fell 0.6 percent to 1,099.45 at 10:23 a.m. in New York.

Federal Reserve Chairman Ben S. Bernanke last week said joblessness and limited bank lending were “headwinds” for the economy.

Economists forecast confidence would decrease to 47.3 from a previously reported 47.7 for October, according to the median of 74 projections in a Bloomberg News survey. Estimates ranged from 40.7 to 53.

The S&P/Case-Shiller home-price index of 20 U.S. cities increased 0.3 percent in September from the prior month on a seasonally adjusted basis after a 1.1 percent rise in August, the group said today in New York. The gauge fell 9.4 percent from September 2008, the smallest year-over-year decline since the end of 2007.

The world’s largest economy expanded at a 2.8 percent annual rate in the third quarter, down from the 3.5 percent pace estimated last month, the Commerce Department reported today. The figures also showed corporate profits climbed 10.6 percent, the most in five years.

Job Concerns

The Conference Board’s measure of present conditions decreased to 21, the lowest level in 26 years, from 21.1 the prior month. The decrease reflected growing concern over unemployment with a measure of job availability reaching the lowest level since 1983.

The share of consumers who said jobs are plentiful fell to 3.2 percent from 3.5 percent, according to the Conference Board. The proportion of people who said jobs are hard to get increased to 49.8 percent from 49.4 percent.

The gauge of expectations for the next six months climbed to 68.5 from 67 the prior month.

The proportion of people who expect their incomes to rise over the next six months decreased to 10 percent from 10.7 percent. The share expecting more jobs dropped to 15.2 percent from 16.8 percent.

Buying plans for automobiles and real estate dropped this month, the report showed. Home-buying expectations decreased to the lowest level since 1982.

Less Income

“Income expectations remain very pessimistic and consumers are entering the holiday season in a very frugal mood,” Lynn Franco, director of the Conference Board’s Consumer Research Center, said in a statement.

The U.S. has lost 7.3 million jobs since the recession began in December 2007 and more losses are forthcoming. Goldman Sachs Group Inc. chief U.S. economist Jan Hatzius forecast earlier this month that unemployment would average 10.4 percent next year.

Citing the labor market as an “area of great concern,” Bernanke last week told the Economic Club of New York that “jobs are likely to remain scarce for some time, keeping households cautious about spending,”

AOL, the Internet unit being spun off from Time Warner Inc. in December, plans to cut about one-third of its 6,900 employees over the next several months. The company will begin a voluntary layoff program Dec. 4 and said it’s looking for as many as 2,500 volunteers, AOL spokeswoman Tricia Primrose said in an e-mail last week. The company will make up the shortfall of volunteers through firings, she said.

Smaller Purchases

Saks Inc., the U.S. luxury retail chain, and Target, the second-largest discount chain, last week said they remain cautious about demand after reporting third-quarter earnings that beat analysts’ estimates. Target said average transaction sizes shrank in November and fourth-quarter comparable-store sales may fall after third-quarter earnings rose more than analysts projected.

Target expects a “highly promotional” holiday season, Chairman and Chief Executive Officer Gregg Steinhafel said on a conference call. November sales “provide additional justification for being cautious in this uncertain environment,” he said.

Lending rates near record lows and government incentives such as “cash for clunkers” and first-time homebuyer credits have helped spur purchases of cars and houses in recent months.

Gold Prices Set Daily Record Highs ? GSD , Gold !

The 2009 gold rush continues as high demand and smaller supplies send gold to yet another record high. The price climbed over $130 per ounce, pushing it up 30% for 2009. Gold has gone up from around $300 an ounce in early 2000, to it's lofty levels over the weekend. Clay Teague with Scotsman Coin and Jewelry says they are seeing an added interest in gold among investors in the St. Louis area. "(Gold) is proving to be a stable investment as time goes on. As demand increases and supplies stay low, it appears this price trend will continue."

The weak dollar is also helping push up the price of gold. Investors are fleeing from the dollar and putting money in precious metals to hedge against inflation. Gold market analysts are saying that $1300 an ounce is a possibility for gold as the world recession stretched into 2010. Platinum also hit a record over the weekendCentral banks will be net buyers of gold this year as they diversify away from the U.S. dollar, marking a reversal of a decades-old trend, global commodities investment fund BlackRock said on Monday in comments that helped drive bullion to fresh record highs.


Investment in gold by central banks has picked up recently, with India buying 200 metric tons from the International Monetary Fund, and Taiwan's central bank is studying whether to raise the amount of gold in its forex reserves, with China and South Korea also debating the issue.


BlackRock is one of the world's largest fund managers, boasting a total US$1.4 trillion under management across all asset classes. It is manager and adviser to the U.S. Federal Reserve and its views can influence the direction of global markets.


Evy Hambro, who runs two of the world's largest commodities funds, BlackRock World Mining Fund and Gold & General Fund, gave an upbeat outlook for gold during a media briefing in Australia.


His forecast for net central-bank purchases of gold this year would, if met, mark the first year in two decades when the world's central banks bought more gold than they sold. They have been net sellers each year since 1988.


Gold stored in central banks worldwide has dropped more than one-sixth since 1989.


"The most recent break-out in the gold price in U.S. dollars has caused most gold prices to start trending higher at the same time," Hambro said, adding that investors were now looking for gold to rise in other commodities as well as U.S. dollars.


"When you start to see the price rising in a range of different currencies, it is a clear sign of a very strong market to come," he added.


Spot gold stood at US$1,123.70 by 9:16 p.m. EST after touching US$1,126.30 per ounce, a record, versus the notional New York close of US$1,118.50, helped higher by Hambro's bullish outlook, according to financial broking group IG Markets.


Bullion has been on an upward spiral as a hedge against the U.S. dollar's weakness and rising inflation risks, traditional reasons to lap up gold.


Based on the dollar index of major currencies, the U.S. dollar has dropped 7.5% this year versus a 33% rise in the U.S. dollar gold price.


In other currencies, gold has not reached new highs since early 2009. In Australian and Canadian dollars and the South African rand, it peaked in February.


But Hambro said investors were now "looking for price rises across all currencies" as central banks built up their gold holdings and global supplies tapered off.


"Gold's role is gathering a lot more attention in terms of risk diversification," he said.


By 1999 central bank selling was so commonplace that the big European banks signed a pact capping sales at 400 metric tons a year to keep the price from collapsing.


It worked. Gold has gone up just about every year since.


Hambro also said the high level of gold production in China, which has replaced South Africa as the world's biggest producer, was not sustainable, pressuring world supply.


China's output rose 13.49% in the first half of 2009 from a year earlier to 146.505 metric tons, according to the Ministry of Industry and Information Technology.


China is widely assumed to be buying domestic gold production after revealing in April it held 1,054 metric tons of gold, a jump of 76% from its last word on the subject six years earlier.


The Reserve Bank of India last month bought 200 metric tons of gold from the International Monetary Fund, and Sri Lanka's central bank governor told Reuters this month his bank had been buying gold for the past five or six months.


But not all banks are trading foreign currencies for gold.


Korea has the world's sixth largest foreign exchange reserves but ranks 56th in terms of gold holdings. Its governor has said it would not be easy for the bank to suddenly increase gold holdings because of the market impact.


Japan has kept its gold reserves steady at 24.6 million troy ounces since mid-2001. The Royal Bank of Australia has not bought any gold since selling two-thirds of its reserve in 1997.


Hambro also said U.S. demand for commodities was starting to show signs of recovery. This, along with stronger Asian demand, set the stage for a prolonged bull market, he added.




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Top 50 stocks to buy in 2009 & 2010 & 2011

Gentex (GNTX, news, msgs) and other auto parts suppliers are transforming the rearview mirror from a low-tech assemblage of plastic and glass to a sophisticated electronic module that automakers use to introduce safety and communications features to their vehicles.


Diversify your portfolio
Gentex's specialty is a rearview mirror that uses electricity to automatically dim the headlight glare from trailing vehicles. It also has mirror devices that display the temperature, hold microphones that permit hands-free cell phone conversations, open your garage door and turn on your home's lights.

The Zeeland, Mich., company is a leader in the drive to incorporate cameras into automotive mirrors. It has a system that links a rear-mounted camera to a video monitor embedded in the rearview mirror that gives drivers a better view of what's behind them as they back up. The company's cameras can distinguish between red and white lights, and between streetlamps and the lights of oncoming vehicles.

The 35-year-old company's focus on innovation was cited by Wells Fargo on Oct. 16 as it raised its rating on Gentex to "outperform" from "market perform." Analyst Richard M. Kwas said the stock was attractive "given earnings growth prospects." Kwas raised his earnings estimates for 2009 and 2010, saying he expects production to rise as the company's SmartBeam and rear camera mirror systems push into new markets.

Today's upgrades and downgrades

Gentex appears on a monthly list of stocks created with MSN Money's StockScouter tool, which since 2001 has helped investors assess individual stocks' likelihood of outperforming the broad market.

Investment research firm Gradient Analytics uses StockScouter to create daily and monthly stock lists. MSN Money columnist Jon Markman collaborated with the company to devise strategies for putting the tool to work.

One of Markman's strategies involves investing an equal amount of money in each of the stocks in the computer-generated portfolio at the start of the month, selling them at the end of the month, then beginning the process again the next month. For investors who prefer to handle fewer stocks, Markman recommends using the strategy with the top 10 stocks on the list. An investor who followed Markman's 10-stock strategy since it was launched would have realized a gain of 455% through Oct. 31, according to Gradient Analytics, and had an annual average return of 22.9%. Over the same period, the Standard & Poor's 500 Index ($INX) was down 14.4%.
Coach rolls out China strategy
Coach (COH, news, msgs) is also on the November list. The designer and marketer of handbags and fashion accessories is touting early success with its lower-priced Poppy collection, introduced in July to stem the slide in same-store sales and lure younger shoppers.

The New York company is also bullish about prospects in mainland China, where it's set to open its first store next spring, in Shanghai. Coach already has stores in Hong Kong and Macau.

Coach hopes its aggressive expansion in China will replicate the success it's had in Japan, which accounts for about 40% of the global handbag market. Coach sees the Chinese market for luxury handbags and accessories more than doubling, to $2.5 billion, by 2013.

"We're squarely focused on the abundant growth opportunities available to us as we begin to emerge from this downturn," CEO Lew Frankfort told investors and analysts last month during a conference call to analyze fiscal-first-quarter financial results.

Video: Coach's mixed bag

The downturn knocked demand for apparel and accessories back to 2005 levels, said Standard & Poor's Equity Research analyst Marie Driscoll in an Oct. 23 note to clients. She also said Coach should benefit from the resulting "shakeout of extraneous brands."

Jefferies on Oct. 30 raised its rating on Coach to "buy" from "hold," citing valuation and saying that "sales trends are about to accelerate" as consumers return to the malls and department stores restock depleted inventories. The investment bank raised its target price on the stock by $2 to $40. "We believe shares deserve a premium given stronger global-growth prospects, industry-leading returns and a strong management team," Jefferies said in its research report.
Tenaris (TS, news, msgs) is entering the "sweet spot of its cycle," according to Goldman Sachs, which on Oct. 20 added the world's biggest manufacturer of steel pipes for the energy industry to its "conviction buy" list, upgrading the stock to "buy" from "neutral" in the process.


Diversify your portfolio
Potential catalysts include a recovery in European sales, Goldman said, as well as a spike in prices for the welded steel tubular products used in pipeline construction. Tenaris dominates the high-end market for OCTG (oil country tubular products) required by companies that gather, transport and process oil and natural gas, Goldman noted.

Tenaris, headquartered in Luxembourg, should benefit from increased exploration and production activity if oil prices rise next year, as expected, Deutsche Bank analyst Marcus Sequeira said last month in raising his earnings estimates for the company to $41 per share from $30. The analyst also raised his 2010 oil price forecast by $10 a barrel to $65.

Crude oil prices have been rising over concerns about the weakening dollar. But skeptics say the energy market fundamentals remain weak and that crude's gains could evaporate.

Video: 3 drillers worth a look

The outlook for natural-gas prices remains bearish, as producers keep producing despite falling prices, Credit Suisse analyst Jonathan Wolff wrote on Oct. 7 as he slashed his natural-gas price forecasts for 2009 and 2010.

"We see an industry that has the desire, near-term liquidity and capital-market access to pursue volume growth," the analyst said
In deep
Noble Energy (NBL, news, msgs) cited weak energy prices in posting third-quarter earnings that were down 89% from the same period last year.

Longer term, though, cheap natural gas could help Noble and other producers by hastening a switch to gas from coal for electric power generation. Finding a way to boost the role of natural gas is a big part of the skirmishing over climate legislation under consideration in the Senate.

Noble, headquartered in Houston, has oil and gas operations in the Gulf of Mexico, the Rocky Mountain region, West Africa, China, Israel, the North Sea and elsewhere.

Analyst Leo Mariani at RBC Capital Markets said Noble shares should rise as the company sheds natural-gas properties and shifts its investments to crude oil. Mariani upgraded the stock to "outperform" from "sector perform" on Oct. 26 and raised his price target by $5 to $90.

"Noble's best economics are in deepwater Gulf of Mexico, West Africa and Israel regions, and we expect it to devote most of its capital to these crude-weighted regions," Mariani wrote. The analyst expects crude to account for 41% of Noble's production this year and rise to 60% by 2013.

Whiting USA Trust I (WHX, news, msgs)
Oil and natural gas
$17.19
9

Alpha Pro Tech (APT, news, msgs)
Medical equipment
$5.99
10

Kayne Anderson Energy Development (KED, news, msgs)
Energy investments
$12.49
8

Golden Enterprises (GLDC, news, msgs)
Salted snacks
$3.70
8

Pioneer Southwest Energy Partners (PSE, news, msgs)
Oil and gas drilling
$21.20
8

Edenor (EDN, news, msgs)
Electricity distribution
$7.91
8

Tenaris (TS, news, msgs)
Steel pipe
$35.62
10

Genesco (GCO, news, msgs)
Apparel retail
$26.07
8

BP (BP, news, msgs)
Oil and natural gas
$56.62
10

Liberty Bancorp (LBCP, news, msgs)
Community banking
$7.85
10

Tortoise North American Energy (TYN, news, msgs)
Energy investments
$19.25
9

MV Oil Trust (MVO, news, msgs)
Oil and gas drilling
$18.83
9

Global Partners (GLP, news, msgs)
Petroleum products
$24.70
9

Intergroup (INTG, news, msgs)
Property management
$11.40
9

Toyota Motor (TM, news, msgs)
Automobiles
$78.89
9

Golden Pond Healthcare (GPH, news, msgs)
Investments
$7.88
9

China Holdings Acquisition (HOL, news, msgs)
Investments
$9.66
9

Enbridge Energy Management (EEQ, news, msgs)
Oil and natural gas
$46.43
8

FEMSA (FMX, news, msgs)
Soft drinks, beer
$43.31
8

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Steven Madden (SHOO, news, msgs)
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9

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9

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9

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9

NiSource (NI, news, msgs)
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$12.92
9



http://articles.moneycentral.msn.com/video/default-ap.aspx?cp-documentid=fe05bc62-7f93-43c5-90ff-94874d99ccee&from=cp_en-us_Money_video_default&fg=MSNmoney

Top November stock pick for 2009 ( DNDN ) Dendreon Corp ?

Dendreon Corp $ 25.27 a share as of 11/2/2009 , Target price 45.00 by End 2010 .
A biotechnology company focused on the discovery, development and commercialization of novel therapeutics that harness the immune system to fight cancer.Dendreon Corporation (Dendreon) is a biotechnology company focused on the discovery, development and commercialization of therapeutics that improve cancer treatment options for patients. Dendreon’s most advanced product candidate is Provenge (sipuleucel-T), an active cellular immunotherapy that has completed two Phase III trials for the treatment of asymptomatic, metastatic, androgen-independent prostate cancer. Dendreon Corporation (Nasdaq: DNDN) today announced that it has completed the submission of the amended Biologics License Application (BLA) for PROVENGE® (sipuleucel-T), the Company's lead investigational product, to the U.S. Food and Drug Administration (FDA). Dendreon is seeking licensure for PROVENGE for men with metastatic castrate-resistant prostate cancer (CRPC). If approved by the FDA, PROVENGE would represent the first product in the new therapeutic class known as active cellular immunotherapies.Merriman has $50 price target and many analysts think DNDN will be bought out before 2010, and they will have a catalyst from submitting their app to the FDA in a few months...so the stock should outperform market in next 6 months...even though this does not count the huge April run-up. Anybody believe in NewWorldInvestor's $360 price target (not counting dilution vis share issuances)? Pretty interesting...
One must be skittish about long-term hold with DNDN, though, because they want insurance companies to pay about $60,000 per patient after it gets past the FDA and available in the USA market - to only give each patient a few extra months of life before dying. Because there are MANY drugs and treatments that aim to delay death from various cancers by only a few months, and they (almost) all cost tens of thousands per patient, you have to consider Obama and the insurance companies teaming up and targeting this area as a primary cause of PREDICTED/FUTURE healthcare cost growth. They will try to find a way to cut out insurance coverage for these kinds of very expensive treatments. Big ethical debate on the horizon, don't you think?
I hope patients and the economy's stability benefit from the emergence of simpler and cheaper PREVENTIVE treatments like the prostate cancer prevention drug from GTXI, that many folks (the ones who want the drug) can likely pay for themselves on a monthly basis, with only partial insurance co-pay.

The amended BLA includes data from the IMPACT (IMmunotherapy for Prostate AdenoCarcinoma Treatment) trial, which was conducted under a Special Protocol Assessment agreement with the FDA. The IMPACT study met its pre-specified primary endpoint demonstrating a statistically significant improvement in overall survival in men with metastatic CRPC.

"With the BLA submission complete, we have taken an important step towards reaching our goal of bringing a new therapy to men with advanced prostate cancer," said Mitchell H. Gold, MD, president and chief executive officer of Dendreon. "We look forward to working with the FDA to potentially make PROVENGE the first active cellular immunotherapy to be licensed in the United States."

This stock is a very risky stock to buy !

Whole new way of treating cancers, with treatment for breast cancer to follow treatment for prostate cancer. No more chemo or radiation. Amazing technology. Acts like a vaccine. Big companies putting big money into it, i.e. Fidelity Mutual Corp. Provenge looks great, and when combined with the lack of side effects mean this agent will likely become a preferred option in its arena. I do not know an single oncologist who won't be trying to use this in earlier stages if they see the same results shown in IMPACT Future looks really good from here....FDA approval, Row partner , and always a chance a big Pharma steps in and buys them out and thats not even considering thier pipeline potential for new products (breast cancer ) already in the works. If you missed the initial runup it's not to late , theres lots of upward potential as one or all of the possibilities i mentioned materialize. I sold 1/3 of my position after the Bear Raid Fiasco to cover my costs once trading resumed ($26.25/share) I'll sell another 1/3 at $60 and keep the last 1/3 for the long haul.DNDN will likely sell the drug in the US itself, using the cash from 10 million new shares of stock to start that distribution network and it production facilities. That will probably net it 1$-2 billion a year. Then it will probably partner up in Europe and Asia to sell there, where each of those markets could reach up to $1 billion as well. Taking the conservative estimate, if they have revenues of $3 billion, and net income ends up as 10% of that, we get $300 million income, divided by 110 million shares is about $2.75 a share. Throw a PE of 15 on that and that would fetch a stock price of about $41.25. That would be a double from here, on conservative estimates (assuming all goes well). Using higher end estimates that number would look more like $70. I'd be happy with either. It's not the huge gains recorded in the last month, but now all the news is out, so such large gains should not be expected any longer.

Ford ( F ) Beats earnings !

US auto giant Ford Motor Company (NYSE:F)Co. reported Monday it swung into profit of 997 million dollars in the third quarter and said it was on track for a solid recovery.

Ford, the number-two US automaker, reported net income of 997 million dollars in the third quarter, a gain of 1.2 billion dollars from the same period in 2008.

Overall pre-tax operating profit totaled 1.1 billion dollars, an improvement of 3.9 billion dollars from the 2008 July-September period and the first quarterly profit since the first quarter of 2008, the company said.

For the key North America market, the company posted a pre-tax operating profit of 357 million dollars, swinging into the green for the first time since the first quarter of 2005.

Ford is the only Detroit Big Three automaker that refused to take government aid to cope with a US auto sales dive amid the worst recession in decades and, unlike rivals General Motors (GM.UL) and Chrysler, did not go bankrupt this year.

"Strong new products, structural cost reductions and improved results at Ford Credit lifted the company's results despite continued weak global economic conditions," the company said in a statement.

"Ford now expects to be solidly profitable in 2011, excluding special items, with positive operating-related cash flow."Ford (F) has just announced a surprise quarterly profit, and it says it will be solidly profitable in 2011. Shares are up 5%.

Here's the full announcement:

------------

Reported net income of $997 million, or 29 cents per share, an improvement of $1.2 billion from the third quarter of 2008. Pre-tax operating profit totaled $1.1 billion, an improvement of $3.9 billion from a year ago. It is Ford's first pre-tax operating profit since the first quarter of 2008
Ford North America posted a pre-tax operating profit of $357 million, its first profitable quarter since the first quarter of 2005
Reduced Automotive structural costs by $1 billion, bringing the total reduction to $4.6 billion through the first nine months of 2009, and exceeding the full-year target of $4 billion
A strong product lineup drove market share gains in North America, South America and Europe as well as continued improvements in transaction prices and margins
Ended the quarter with $23.8 billion of Automotive gross cash, up $2.8 billion from the end of second quarter 2009(++)
Achieved positive Automotive operating-related cash flow of $1.3 billion for the third quarter, a $2.3 billion improvement over the second quarter
Ford Credit reported a pre-tax operating profit of $677 million, a $516 million improvement from a year ago
Ford now expects to be solidly profitable ( )in 2011, excluding special items, with positive operating-related cash flow
Financial Results Summary Third Quarter First Nine Months ------------- ----------------- 2009 O/(U) 2009 O/(U) 2008 2008 ---- ----- ---- ---- Wholesales (000)(+) 1,232 57 3,377 (891) Revenue (Bils.) (+) $30.9 $(0.8) $82.9 $(26.2) Operating Results (+) -------------------------- Automotive Results (Mils.) $446 $3,385 $(2,493) $523 Financial Services (Mils.) 661 502 1,194 1,305 --- --- ----- ----- Pre-Tax Results (Mils.) $1,107 $3,887 $(1,299) $1,828 After-Tax Results (Mils.)(+++) $873 $3,882 $(1,557) $2,381 Earnings Per Share (+++) $0.26 $1.58 $(0.54) $1.22 Special Items Pre-Tax (Mils.) $108 $(2,099) $3,265 $9,484 ----------------------------- Net Income/(Loss) Attributable to Ford -------------------------------------- After-Tax Results (Mils.) $997 $1,158 $1,831 $10,619 Earnings Per Share $0.29 $0.36 $0.61 $4.55 Automotive Gross Cash (Bils.) (++) $23.8 $4.9 $23.8 $4.9 ---------------------------------- ----- ---- ----- ---- See end notes following conference call details.Ford Motor Company [NYSE: F] today reported net income of $997 million, or 29 cents per share, in the third quarter as strong new products, structural cost reductions and improved results at Ford Credit lifted the company's results despite continued weak global economic conditions. This is a $1.2 billion improvement compared with the same period last year.

Excluding special items, Ford posted pre-tax operating profits totaling $1.1 billion, an improvement of $3.9 billion from a year ago. This marks the company's first operating profit since the first quarter of 2008. On an after-tax basis, excluding special items, Ford posted an operating profit of $873 million in the third quarter, or 26 cents per share, compared with a loss of $3 billion, or $1.32 per share, a year ago.( )

Ford's North American operations posted a pre-tax operating profit of $357 million, its first quarterly profit since the first quarter of 2005. Ford South America, Ford Europe and Ford Asia Pacific Africa also posted pre-tax operating profits in the third quarter.

"Our third quarter results clearly show that Ford is making tremendous progress despite the prolonged slump in the global economy," said Ford President and CEO Alan Mulally. "Our solid product lineup is leading the way in all markets. While we still face a challenging road ahead, our One Ford transformation plan is working and our underlying business continues to grow stronger."

Ford's third quarter revenue was $30.9 billion, down $800 million from the same period a year ago. Automotive revenue is up $100 million from a year ago. This improvement was offset by a decrease in Ford Credit's revenue reflecting a decline in receivables.

Ford reduced its Automotive structural costs by $1 billion in the quarter, largely driven by lower manufacturing and engineering costs, which included benefits from improved productivity, personnel reduction actions primarily in North America and Europe, and progress on implementing its common global platforms and product development processes. Through the first nine months, Ford has achieved $4.6 billion in Automotive structural cost reductions, exceeding its full-year 2009 target of $4 billion.

Ford finished the third quarter with $23.8 billion in Automotive gross cash, compared with $21 billion at the end of the second quarter of 2009. Automotive operating-related cash flow was $1.3 billion positive during the third quarter of 2009, an improvement of $2.3 billion from the second quarter 2009. Automotive operating-related cash flow was $3.4 billion negative during the first nine months.

"The Ford team delivered another solid quarter of results with strong contributions from all our business regions," said Lewis Booth, Ford executive vice president and chief financial officer. "Positive cash flow, a stronger balance sheet and a third quarter operating profit are evidence that Ford is meeting the global economic challenges."

The following discussion of third quarter highlights and results are on a pre-tax basis and exclude special items. See tables following "Safe Harbor/Risk Factors" for the nature and amount of these special items and any necessary reconciliation to U.S. GAAP. Discussion of Automotive overall operating cost changes is at constant volume, mix, and exchange, and excludes special items; discussion of Automotive structural cost changes is at constant exchange and excludes special items.

THIRD QUARTER HIGHLIGHTS

Ford again increased year-over-year market share in North America, South America, and Europe and continued to achieve improvements in transaction prices and margins. Ford maintained market share in the Asia Pacific Africa region and Volvo gained market share. Other sales highlights:
In the U.S., third quarter market share increased 2.2 percentage points compared to last year as the Ford, Lincoln and Mercury brands all posted sales gains
Ford Europe's market share was 9.2 percent for the quarter, up 0.6 points from last year and the highest third-quarter level in 10 years. Market share was 10.1 percent in September, the highest monthly share in eight years
Record growth in China continued as Ford third quarter sales jumped 63 percent
At the end of the third quarter, worldwide sales of the new Ford Fiesta reached 470,000 units since its launch last fall. The No. 2 best-selling car in Europe posted its highest September sales since 1994. In September, Fiesta also had its best sales month ever in China. Fiesta arrives in the U.S. market in 2010
Began selling the new Ford Taurus and Transit Connect in North America. Taurus sales in September were up 60 percent from a year ago
The Ford Focus and Ford Escape were among the top new vehicles purchased in the U.S. government's "Cash for Clunkers" program
Ford's U.S. hybrid sales have risen 73 percent this year compared to a 14 percent decline in U.S. hybrid industry sales. More than 60 percent of Ford Fusion hybrid sales have come from non-Ford owners
Began production of the Ford Transit Connect small commercial van at the new manufacturing plant in Craiova, Romania
Announced investment of $500 million at Ford India's Chennai assembly plant to build the new Ford Figo, a small car targeted at the heart of the Indian market, debuting in 2010
Announced a new $490 million assembly plant in Chongqing, China, which will be completed by 2012, and will produce the Ford Focus for the Chinese market
Ford, Lincoln and Mercury brand vehicles in the U.S. had the fewest number of "things gone wrong" among all automakers, according to the third quarter GQRS study of new vehicle quality
Received $886 million in loans from the U.S. Department of Energy for development of more fuel-efficient vehicles. Ford has been approved for up to $5.9 billion in loans in support of projected expenditures through mid-2012
Raised $565 million in new equity as Ford completed its previously-announced plan to issue up to $1 billion of equity
Ford Credit completed $10 billion in funding in the third quarter, including $2.8 billion unsecured, and now has essentially completed its full-year funding plan
The Ford Taurus and Lincoln MKT both earned a "Top Safety Pick" from the Insurance Institute for Highway Safety. Ford Motor Company continues to have more IIHS "Top Safety Pick" ratings than any other automaker
Unveiled the all-new Ford C-MAX at the Frankfurt Motor Show. The C-MAX and the Grand C-MAX will debut in Europe in 2010, and the Grand C-MAX debuts in the U.S. in 2011. The new global C-car platform will underpin up to 10 models and more than 2 million units annually by 2012
Announced that Ford's 1.6-liter and 2.0-liter four-cylinder EcoBoost engines will make their debut in 2010 across Europe, North America, and Australia
Unveiled the new Ford Figo to compete in India's small car segment beginning in 2010
Launched the new Ford Fiesta in Taiwan and continued the successful rollout of the Ford Focus and Ford Everest SUV in additional Asian markets
Revealed the new 2011 Ford F-Series Super Duty and two new powertrains developed by Ford - a 6.7-liter V8 diesel engine and a 6.2-liter V8 gasoline engine
Began selling the 2010 Ford F-150 SVT Raptor, an off-road performance truck, which captured the "2009 Pickup Truck of Texas" award from the Texas Auto Writers. The Ford F-150 won the overall "Truck of Texas" award, the seventh straight year a Ford truck has earned the honor
AUTOMOTIVE SECTOR Automotive Sector* Third Quarter First Nine Months ------------- ----------------- 2009 O/(U) 2008 2009 O/(U) 2008 ---- ---------- ---- ---------- Wholesales (000) 1,232 57 3,377 (891) Revenue (Bils.) $27.9 $0.1 $73.3 $(23.6) Pre-Tax Results (Mils.) $446 $3,385 $(2,493) $523 *excludes special items -----------------------For the third quarter of 2009, Ford's Automotive sector reported a pre-tax operating profit of $446 million, compared with a pre-tax loss of $2.9 billion a year ago. The improvement primarily reflects favorable net pricing, structural cost reductions, lower material costs and improved market share, offset partially by unfavorable exchange and lower industry volumes.

Worldwide Automotive revenue in the third quarter was $27.9 billion, up $100 million from a year ago. The increase is more than explained by favorable net pricing and higher volumes, primarily in North America, offset partially by unfavorable exchange. Total vehicle wholesales in the third quarter were 1,232,000, compared with 1,175,000 units a year ago.

Automotive structural cost reductions in the third quarter totaled $1 billion, including $500 million in North America. Manufacturing and engineering costs were $500 million lower, largely reflecting the continued benefits of improved productivity, personnel reduction actions primarily in North America and Europe, and progress on the implementation of Ford's common global platforms and product development processes. Pension and retiree health care costs were lower, reflecting the effect of the UAW Retiree Health Care VEBA agreement. Overall, Ford reduced Automotive structural costs by $4.6 billion during the first nine months.

Net pricing was $1.9 billion favorable, primarily explained by higher U.S. net pricing, reflecting the success of new products, a continued disciplined approach on incentives and selective top-line pricing.

North America: For the third quarter, Ford North America reported a pre-tax operating profit of $357 million, compared with a loss of $2.6 billion a year ago. The improvement was primarily explained by favorable net pricing, lower material costs, structural cost reductions, favorable series mix and improved market share, offset partially by unfavorable exchange and lower U.S. industry volume. Third quarter revenue was $13.7 billion, up from $10.8 billion a year ago.

South America: For the third quarter, Ford South America reported a pre-tax operating profit of $247 million, compared with a profit of $480 million a year ago. The decrease is more than explained by unfavorable exchange, primarily in Brazil and Argentina. Third quarter revenue was $2.1 billion, down from $2.7 billion a year ago.

Europe: For the third quarter, Ford Europe reported a pre-tax operating profit of $193 million, compared with a profit of $69 million a year ago. The improvement was more than explained by structural cost reductions, lower material costs and favorable net pricing, offset partially by unfavorable volume and mix and exchange. Third quarter revenue was $7.6 billion, down from $9.7 billion a year ago.

Asia Pacific Africa: For the third quarter, Ford Asia Pacific Africa reported a pre-tax operating profit of $27 million, compared with a profit of $4 million a year ago. The increase primarily reflects favorable net pricing, China joint venture profits, and cost reductions, offset partially by unfavorable exchange. Third quarter revenue was $1.5 billion, down from $1.7 billion a year ago.

Volvo: Volvo continues to be reported as an ongoing operation. The effects of "held-for-sale" accounting-related adjustments are reported as special items. For the third quarter, Volvo reported a pre-tax operating loss of $135 million, compared with a loss of $458 million a year ago. The improvement is more than explained by continued progress on cost reductions, favorable exchange, and higher volume and mix. Third quarter revenue was $3 billion, up from $2.9 billion a year ago. Also, as announced last week, Ford confirmed Geely as the preferred bidder in the ongoing discussions concerning the possible sale of Volvo Cars.

Other Automotive: Other Automotive, which consists primarily of interest and financing-related costs, was a third quarter pre-tax loss of $243 million.

FINANCIAL SERVICES SECTOR Financial Services Sector* Third Quarter First Nine Months ------------- ----------------- (in millions) 2009 O/(U) 2008 2009 O/(U) 2008 ------------ ---- ---------- ---- ---------- Ford Credit Pre-Tax Results $677 $516 $1,287 $1,388 Other Financial Services (16) (14) (93) (83) ---- ---- ---- ---- Financial Services Pre-Tax Results $661 $502 $1,194 $1,305 ==== ==== ====== ====== *excludes special items -----------------------For the third quarter, the Financial Services sector reported a pre-tax operating profit of $661 million, compared with a profit of $159 million a year ago.

Ford Motor Credit Company: For the third quarter, Ford Credit reported a pre-tax operating profit of $677 million, compared with a pre-tax profit of $161 million a year ago. The increase primarily reflected lower residual losses due to higher auction values, and lower provisions for credit losses, offset partially by lower volume.

Other Financial Services: For the third quarter, Other Financial Services reported a pre-tax operating loss of $16 million in the third quarter, compared with a loss of $2 million a year ago.

OUTLOOK

Despite the severe global downturn, Ford said it continues to make progress on all four pillars of its plan:

Aggressively restructure to operate profitably at the current demand and changing model mix
Accelerate the development of new products that customers want and value
Finance the plan and improve the balance sheet
Work together effectively as one team, leveraging Ford's global assets
Ford said it remains on track to achieve or exceed all of its 2009 financial targets and almost all of its operational metrics. Ford will also continue to pursue actions to improve its balance sheet.

Ford expects full-year 2009 U.S. industry sales will be about 10.6 million units, consistent with the guidance previously communicated by the company. In Europe, Ford now expects that full-year industry sales will be about 15.7 million units, which is higher than its previous guidance.

Ford expects fourth quarter 2009 production to be up compared with year-ago levels and third quarter 2009 production. This increase is to return to planned dealer stock levels and match production with market demand for Ford products.

Ford now expects full-year Automotive structural cost reductions of about $5 billion, exceeding its full-year 2009 target. These costs were reduced by $4.6 billion through the first nine months. Going forward, Ford expects structural costs to be relatively stable as the company has largely completed its significant restructuring actions over the past four years.

The company said it expects full-year U.S. and Europe market share to remain at about the same levels achieved during the first nine months.

Ford expects Automotive operating-related cash flow to be positive in the fourth quarter, based on the company's present planning assumptions.

Ford now expects capital spending of about $5 billion, or slightly less. Capital expenditures through the first nine months were $3.4 billion; higher projected fourth quarter spending reflects the timing of Ford's product launches as the company maintains its product plans.

Ford Credit expects to be profitable in the fourth quarter and for the full-year 2009. Next year, Ford Credit expects reduced profits based on lower average receivables and the non-recurrence of favorable 2009 factors.

Based on its recent performance and present planning assumptions, Ford is changing its full-year 2011 guidance for total company and North American Automotive operations from being "breakeven or better" to "solidly profitable" on a pre-tax basis excluding special items, with positive Automotive operating-related cash flow.

While the company has confidence that the global economy will be improving by 2011, the near-term growth outlook remains rather uncertain. Looking at 2010, there is a high likelihood of a substantial decrease in European industry volume as scrappage programs expire. This decrease could more than offset U.S. sales volumes, which may improve somewhat from this past quarter's levels.

Ford expects to know more about the state of the global economic recovery and its impact on 2010 auto industry volumes in the coming months. Early next year, Ford will provide guidance on its 2010 planning assumptions and operational metrics when the company releases its full-year 2009 results.

"The third quarter is one the entire Ford extended team can be proud of because it proves that our product-led transformation is working," Mulally said. "Leading indicators are now showing signs of recovery in all of our major markets, however, consumer confidence and labor market conditions remain a concern.

"Despite the continued economic headwinds, we remain confident that we have the right plan and are taking the right actions to transfer Ford into a lean company that delivers profitability growth for all our stakeholders," Mulally added.

Ford's 2009 planning assumptions regarding the industry and operating metrics include the following:

Planning Assumptions Full Year Plan Full Year Memo: First Outlook Nine Months -------------------- -------------- ------------- ----------- Industry Volume (SAAR)**: -U.S. (million units) 10.5 - 12.5 About 10.6 10.5 -Europe (million units)*** 12.5 - 13.5 About 15.7 15.7 Operational Metrics Compared with 2008: Quality: -- U.S. Improve On track Improved -- International Improve Mixed Mixed --Automotive Structural Improve by about $4 Improve by about Improved by Costs**** Billion $5 Billion $4.6 Billion -- U.S. Total Market Share (Ford and LM) Stabilize Improve 15.0% Share of Retail Market Stabilize Improve 12.9% -- Europe Market Share *** Equal / Improve Improve 9.2% --Auto. Negative but On track $(3.4) Operating-Related Significant Billion Cash Flow***** Improvement Absolute Amount: --Capital Spending $5 Billion to $5.5 About $3.4 Billion $5 Billion Billion FORD IS ON TRACK TO BE SOLIDLY PROFITABLE IN 2011 WITH POSITIVE OPERATING-RELATED CASH FLOW* * Pre-tax profits excluding special items ** Includes medium and heavy trucks *** European 19 markets Ford tracks **** Cost changes are measured at constant exchange, and exclude special items and discontinued operations. In addition, costs that vary directly with volume, such as material, freight and warranty costs are measured at constant volume and mix ***** See tables at end for reconciliation to GAAP ---------------------------Ford's production volumes are shown below:

Production Volumes Actual Forecast ------------------ ------ -------- Third Quarter 2009 Fourth Quarter 2009 ------------------ ------------------- O/(U) O/(U) Units 2008 Units 2008 ----- ---- ----- ---- (000) (000) (000) (000) Ford North America 490 72 570 141 Ford Europe 385 (9) 456 91 Volvo 77 5 95 27 ----- --