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Daily Archives: September 26, 2007

Chinese Stocks Get Out Of Hand

Shares in China Precision Steel (CPSL) are up 17% today. China Bak Battery (CBAK) is up 41%. CBAK was added to one of the Nasdaq indices on Monday, but that ...
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Boeing (BA) Gets Hand-Outs From US Govt, According To Airbus

All that work that Boeing (BA) gets to build military aircraft. It is really a disguised way to help the US company's profits so that it can beat the daylights ...
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Internet Short Sellers Mixed Bag (EBAY, GOOG, VCLK, YHOO, AZMN, BIDU, VRSN)

Overall short selling has dimished for August, but it appears the short sellers are sticking around for a fight in some of the go-to internet stocks.DECREASED SHORT INTEREST:Google (GOOG)     ...
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Xinhua Finance Media Scores Talent & Investment (XFML)

Xinhua Finance Media Limited (NASDAQ:XFML) may have found a savior.  Investment firm Yucaipa has signed a deal to buy a block of Xinhua Finance Media shares from certain stockholders that ...
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Pre-Market Analyst Calls (September 26, 2007)

A started as neutral at B of A.AEO raised to Outperform at Wachovia.AGU cut to Sector Perform at CIBC.AMLN started as Buy at Jefferies.APH started as Outperform at Credit Suisse.BIIB ...
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Short Sellers Backed Off CMGI Into Earnings (CMGI)

CMGI Inc. (NASDAQ:CMGI) saw its short interest come in at 34.781 million shares in September 2007, down some 12% from the 39.926 million shares listed as being in the August ...
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Redhat (RHT) Gets A Win For Linux

The advocates of open source keep saying that Linux will eventually start to do some real damage to Microsoft (MSFT) Windows. Well, the largest enterprise Linux company in the US, ...
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Europe Markets 9/26/2007

Markets in Europe were up at 7.20 AM New York time.The FTSE rose .8% to 6,447. Invesco was up 4.8% to 662. Northern Rock was up 9.7% to 179.The DAXX ...
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Nintendo Becomes No.2 Market Cap Company In Japan

The FT writes that Nintendo is now the No.2 market cap company in Japan, trailing only Toyota (TM).While this may say something about the company's video game platform sales lead ...
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24/7 Wall St. Discount Broker Survey

24/7 Wall St. did an online survey asking visitors to its website which discount broker give the best service. With 106 respondents, these are the results:Scottrade              ...
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September Nasdaq Short Interest

Short interest in several large Nasdaq traded companies fell sharply in September. The figures are calculated as of September 14 and are compared to numbers from August 15, 2007.Short interest ...
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GM (GM) And UAW Reach Tentative Agreement

At 4 AM, the UAW reached an agreeement with GM (GM) on a tentative four-year contract. The deal is said to create a two-tier compensation system and establish a new ...
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Media Digest 9/26/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Toyota (TM) says that its sales in the US may not rise this month.Reuters writes that Microsoft (MSFT) will replace a number of damaged disks from its ...
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Asia Market 9/26/2007

Markets in Asia were mixed and Hong Kong was closed for a holida.The Nikkei rose .2% to 16,426. Isuzu Motors rose 3.1% to 660. KDDI fell 2.5% to 822000. NTT ...
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