Quantcast

Daily Archives: November 4, 2008

Huntsman_logo

S&P Throws Wrench In Hexion-Huntsman Deal (HUN)

Posted: November 4, 2008 at 5:15 pm

Standard & Poor's debt ratings group is raising a red flag which could cause some added skepticism over the Apollo-backed Hexion Specialty Chemicals' acquisition of Huntsman Corp. (NYSE: HUN).  S&P ...
Read Full Story »
Money_stack_pic

Durect Files To Raise Cash (DRRX)

Posted: November 4, 2008 at 4:44 pm

Durect Corporation (NASDAQ: DRRX) has just filed for a shelf registration to sell up to $75,000,000.00 worth of securities.  This shelf will allow the company to sell any combination of ...
Read Full Story »
Blue_nile_logo

Blue Nile Shows Zero Visibility (NILE)

Posted: November 4, 2008 at 4:32 pm

Blue Nile, Inc. (NASDAQ: NILE) has posted its quarterly earnings, and it looks like the results are probably not as bad as many would have guessed.  The leading online retailer ...
Read Full Story »
Sad_clown

The 52-Week Low Club (THC)(HLF)(HNT)(FCSX)

Posted: November 4, 2008 at 4:01 pm

Tenet Healthcare (THC) Misses numbers and forecasts. Down to $2.52 from 52-week high of $6.88.Herbalife (HLF) Bad outlook equals three-year low. Falls to $17.23 from 52-week high of $51.09.Health Net ...
Read Full Story »
Buffett_image

Presidential Election Winner: Warren Buffett, Berkshire Hathaway, and Holdings (BRK-A, BRK-B,GS, BNI, WFC, GE)

Posted: November 4, 2008 at 2:27 pm

Depending upon where your local elections are held, it looks like we are the half-way mark for most voting poll times today.  What has been a 19- or 20- month ...
Read Full Story »
Cammonopoly_wideweb__430x3250_2

Most Overpaid CEO Of The Day: Trevor Fetter Of Tenet Healthcare (THC)

Posted: November 4, 2008 at 1:57 pm

Shares in Tenet Healthcare (THC) fell 33% today to $2.72, a 52-week low, down from the period high of $6.88.Why? Tenet's adjusted loss of 6 cents per share was worse ...
Read Full Story »
Batmobile512

Worst Corporate Press Release Of The Day: Chrysler

Posted: November 4, 2008 at 1:27 pm

Leave it to Chrysler to follow up one of the worst months in its history with a press release about its new gas-guzzling Challenger.Chrysler's vehicles sales dropped 35% in October. ...
Read Full Story »

Weak Dollars, Weak Presidencies

Posted: November 4, 2008 at 12:57 pm

By John Tamny of RealClearMarketsThe late Hall of Fame football coach Bill Walsh used to say that the quarterback’s footwork often told the tale of games. If Walsh lacked access ...
Read Full Story »
Cammonopoly_wideweb__430x3250

24/7 Wall St. Stock Volume And Price Alerts (OSIR)(AHII)(CIT)(ADM)(MRVL)

Posted: November 4, 2008 at 12:53 pm

Osiris Therapeutics (OSIR) started the day with a big surge. More details. Animal Health (AHII) may be one of the worst performing stocks today. Financial giant CIT (CIT) may have ...
Read Full Story »
Rv_pic

Thor’s RV Sales Follow Credit Off The Cliff (THO, WGO)

Posted: November 4, 2008 at 12:30 pm

Thor Industries, Inc. (NYSE: THO) issued its preliminary sales and backlog guidance, and as the company sells RV's you could have likely guessed that sales were down sharply.  Thor said ...
Read Full Story »
Cargo_ship_pic

Shipping Stocks Try To Find Safe Harbors (SFL, FRO, OSG, NAT, SB, SEA)

Posted: November 4, 2008 at 11:40 am

It is no secret that shipping stocks have been horrible performers of late.  In fact, they have made the dismal performance seen at some trucking companies look like trucking was ...
Read Full Story »
Adm_logo

ADM Shows Issues in Corn vs. Crude (ADM, VSE, APC, HOC, PEIX, AVR)

Posted: November 4, 2008 at 10:36 am

This morning's earnings report from Archer-Daniels-Midland (NYSE:ADM) offers proof that if a company is going to be in the ethanol business, it had better have a fallback position.  ADM blew ...
Read Full Story »
Offshore_oil_rig

W&T Offshore: Good Quarter Even With Hurricanes (WTI)

Posted: November 4, 2008 at 10:26 am

Before the market opened this morning W&T Offshore (NYSE:WTI) reported third quarter EPS of $1.03 on revenue of $290 million. Analysts had been expecting EPS of $0.82 on revenue of ...
Read Full Story »
Cliffs_logo

Cliffs Natural Resources: Trouble in Mergertown (CLF, ANR)

Posted: November 4, 2008 at 10:13 am

The proposed merger between Cliffs Natural Resources (NYSE:CLF) and Alpha Natural Resources (NYSE:ANR) has run over more than a few bumps. Cliffs' largest shareholder, Harbinger Capital, tried to acquire enough ...
Read Full Story »
Burningmoney

Daily Slaughterhouse: FCStone Group (FCSX)

Posted: November 4, 2008 at 10:10 am

FCStone Group, Inc. (NASDAQ: FCSX) is getting crushed after its update on liquidity, credit issues, and commodity volatility.  The commodity risk management firm now expects to incur up to a ...
Read Full Story »