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Daily Archives: June 23, 2008

Gushan Insiders Already Cashing Out (GU)

Posted: June 23, 2008 at 4:13 pm

Gushan Environmental Energy Limited (NYSE: GU) has filed to sell up to $100 million in ordinary shares, which it notes as having a HK$0.0001 par value (HONG KONG).  This notes ...
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Amazon.com Follows UPS Lower (AMZN, UPS)

Posted: June 23, 2008 at 3:51 pm

Shares of Amazon.com (NASDAQ: AMZN) are trading lower in after-hours trading.  The company hasn't issued any new news, but the problem is that United Parcel Service (NYSE: UPS) gave an ...
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UPS Follows FedEx Warning (UPS)

Posted: June 23, 2008 at 3:44 pm

United Parcel Service, Inc. (NYSE: UPS) is currently halted on NYSE trading.  Big Brown decided it better follow the lead of FedEx Corp. (NYSE: FDX) and come clean with an ...
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The 52-week Low Club (TELK)(CC)(MBI)(NWA)(OMX)(GM)

Posted: June 23, 2008 at 2:51 pm

Telik (TELK) Someone selling out of the stock in big numbers. A mystery wrapped in an enigma. Down to $1.24 from 52-week high of $4.96.Circuit City  (CC) Still selling off ...
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Getting The Bad News Out Early In The Day: Recession And Oil

Posted: June 23, 2008 at 10:39 am

One of the head investment strategists at Merrill Lynch thinks the stock market is heading lower, perhaps much lower."The Standard & Poor's 500 Index has never reached a low within ...
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SunPower Reclassifying Convertible Debt (SPWR)

Posted: June 23, 2008 at 7:41 am

SunPower Corporation (NASDAQ: SPWR) price of its common stock on at least 20 of the last 30 trading days during the fiscal quarter ending June 29, 2008 has equaled or ...
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GE Maintains 10% to 15% Infrastructure Growth Target (GE)

Posted: June 23, 2008 at 7:26 am

Reuters has run a piece this morning commenting from an email interview from the Reuters Singapore desk with questions to John Rice, chief executive and vice chairman.  The conglomerate is ...
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Top 10 Pre-Market Analyst Calls (AGO, BRCM, CMI, IBM, JCP, MBI, MF, MOT, NOV, VISN)

Posted: June 23, 2008 at 6:31 am

These are ten of the analyst calls we are focusing on this Monday morning in the early pre-market trading hours:Assured Guaranty Ltd. (NYSE: AGO) started as Buy at UBS.Broadcom (NASDAQ: ...
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A Set-Back For Google’s (GOOG) Handset Hopes

Posted: June 23, 2008 at 6:12 am

Google (GOOG) is trying to get out a bunch of wireless handsets with its Android software. But, log-jams and competing agendas are hurting that. The first products were supposed to ...
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Nokia (NOK) Joins The Great Masses Chasing Apple (AAPL) And Pamela Anderson

Posted: June 23, 2008 at 5:43 am

Nokia (NOK) will join the scores of consumer electronics companies which have lost billions of dollars on the Hollywood walk of fame.It is not enough that Nokia has 40% of ...
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Bunge (BG) Bets The Farm, Doubles Down On Corn

Posted: June 23, 2008 at 5:22 am

Bunge (BG), which has a big business in finished corn products, is buying Corn Products International (CPO) for $4.4 billion. CPO's name pretty much says how it makes its money.The ...
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Google’s (GOOG) High Reputation Could Ruin Share Price

Posted: June 23, 2008 at 5:03 am

Google (GOOG) is now the US company with the highest reputation, at least according to the annual Harris Interactive Reputation Quotient poll. According to Reuters, "Largely for its reputation for ...
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News Corp (NWS) Can’t Keep Its Advantage: Facebook Passes MySpace

Posted: June 23, 2008 at 4:51 am

The two largest online social networks are Facebook, which is a private company, and MySpace, which is owned by News Corp (NWS). MySpace has always been the larger property. Facebook ...
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Wall St., Now Dead, Gets An Obit (LEH)(MER)(C)(GS)

Posted: June 23, 2008 at 4:26 am

The last round of earnings for Wall St. firms showed that the financial industry was in bad shape and getting worse. That has been followed by news that the brokerage ...
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This week on Stockhouse June 16–20

Posted: June 23, 2008 at 4:12 am

Stocks mixed on oil, financials, and economic data this week Wall Street started the week mixed, as the lower price of oil was overshadowed by weak economic news. The financial ...
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