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Monthly Archives: January 2009

Sunset

The 52-Week Low Club (UNG)(AM)(BNI)(CPHD)

United States Natl Gas Fund (UNG) Falling gas prices. That's all. Drops to $21.37 from 52-week high of $63.89.American Greetings (AM) New share buy-back does not seem to be helping. ...
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Will Huntington Bancshares Raise Cash? (HBAN, HBANP)

Huntington Bancshares Incorporated (NASDAQ: HBAN) has filed a mixed-securities shelf registration with the SEC which will allow the company to sell securities and raise capital if it chooses.  The company ...
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Yahoo!’s (YHOO) Best Chance

It is picking low-hanging fruit to say that Yahoo!'s (YHOO) new CEO, Carol Bartz, can't fix the portal company. Yahoo!'s shares are down about 3% on the news of the ...
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Alternative Energy Short Selling Decreases (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, HOKU, JASO, SFUN, SPWRA, SPWRB)

Short selling is not always just used as a bet against a stock, but that is what Wall Street evaluates short interest for.  We did note a drop in short ...
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Drillers Report Operations Blues (BAS, RIG)

Oil field services company Basic Energy Services, Inc. (NYSE:BAS) reported this morning that December 2008 operations were even lower than expected. Drilling rig utilization reached just 66% in December, down ...
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When Oil & Gas Hedging Pays Off (EAC)

Encore Acquisition Company (NYSE:EAC) announced this morning that it would cut its capital spending budget for 2009 by $150 million to $210 million. The company primarily buys and operates long-lived, ...
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Fitch Ratings Predicts Lower Oil Reserves Valuations

Low commodity prices are likely to have a "significantly negative impact" on 2008 proved oil & gas reserves, according to Fitch Ratings. Wonder how long it took the analysts to ...
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Analyst Cooling on GE Ahead of Earnings (GE)

General Electric Co. (NYSE: GE) gave us a trader and volume spike alert earlier this morning.  The weakness today is being tied to a Barclays research note predicting that GE ...
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Citi Fesses Up On Smith Barney & Morgan Stanley Reports (C, MS)

Citigroup Inc. (NYSE: C) has issued a statement regarding the many news reports on the possible combination of Smith Barney with Morgan Stanley (NYSE: MS).  (more...) ...
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NVIDIA Visits The Gallows (NVDA)

Things have been bad for NVIDIA Corporation (NASDAQ: NVDA) for some time.  Unfortunately, they are not looking any better.  The company did not just lower its guidance.  Its guidance is ...
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In an amended 13D filing, Bill Ackman increased his holdings in General Growth Properties (NYSE: GGP)

On December 5th, 2008, Pershing Square owned 20,080,690 shares or 7.5% of General Growth Properties. As of January 9th, 2009, Ackman's Pershing Square now owns 22,901,194 shares or 7.4% of ...
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Gordon Brown’s VAT folly should be a sharp lesson to Barack Obama

by Rob Arnott & John Tamny Back in the dark economic days of the late 1970s and early 1980s, truly revolutionary change on taxation improved the economic outlook in both ...
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First Solar Takes Another Downgrade (FSLR)

Shares of First Solar, Inc. (NASDAQ: FSLR) were already hit hard yesterday.  They are under pressure again this morning.  It isn't just lower and lower energy prices and a slower ...
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Bernanke Admits Banks Still Troubled

Ben Bernanke today addressed a number of issues still plaguing the economy. He said that no one could predict how long an economic recovery would take. He acknowledged that the ...
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Early Bird Analyst Upgrades (ATML, ELN, FDP, ICLR, SLW, SMA)

These are some of the top pre-market analyst upgrades from Wall Street which we have seen this Tuesday morning with more than two hours until the open:Atmel (NASDAQ: ATML) Started ...
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