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Daily Archives: March 12, 2009

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MarkWest Energy Files To Raise Cash (MWE)

MarkWest Energy Partners LP (NYSE: MWE) has just filed with the SEC to raise capital via the sale of securities.  The company's filing is for sales of any combination for ...
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The 52-Week Low Club (MTG)(PLL)(ROCK)

MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99. Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of ...
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Stocks That Should Double: Financials (C)(JPM)(BAC)(WFC)(GE)

This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows.  The  time frame is by the end of 2010, which is meant ...
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Apple (AAPL) Announces iPhone OS 3.0 Event

From 24/7 Wall St. partner AppleInvestorNews Just Announced: An Apple (AAPL) event in Cupertino next Tuesday will talk about the next generation of iPhone software. The Apple invitation to reporters formally ...
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Hidden Positive Aspects of Intel in Research (INTC, TSM)

Intel Corp. (NASDAQ: INTC) shares rose today after  Broadpoint AmTech raised its rating to "Buy" from "Neutral."  We normally would not make much of an issue on a single event ...
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SunPower Puckers On Analyst Licking (SPWRA)

SunPower Corporation (NASDAQ: SPWRA) has already taken a licking and its lowered guidance is not helping.  Ditto for an analyst downgrade.  JP Morgan dropped the stock from "Overweight" to its ...
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Refiners Feeling the Pinch (VLO, TSO, MRO)

US refiners might be facing a squeeze on earnings if crude inventories continue to build and prices continue to drop for diesel fuel.  Valero Energy Corp. (NYSE: VLO), Tesoro Corp. ...
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Natural Gas Prices Driven By LNG Imports? (DVN, CHK)

There are some issues surrounding natural gas that is keeping a cap on the sector. Spot prices are bouncing around between $3.50 and $4.00 per thousand cubic feet. At those ...
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iSIRIUS… It’s Coming (SIRI, AAPL)

It looks like the long-awaited tie up from Sirius XM Radio Inc. (NASDAQ: SIRI) and Apple Inc. (NASDAQ: AAPL) is happening.  This opens up a much larger market for SIRIUS ...
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China’s Power Consumption Rises

Electricity consumption in China has apparently risen 15% year-over-year in February, and 13.2% higher than January. The rise follows four consecutive months of falling consumption, which amounted to declines of ...
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S&P Cuts GE, A Mere Formality (GE)

General Electric Co. (NYSE: GE) was finally downgraded by a debt ratings agency.  Standard & Poor's  cut the ratings for GE. This has been telegraphed for nearly three months.  What ...
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Gilead Wins CV Therapeutics Bid; Higher Bid Coming? (GILD, CVTX)

Gilead Sciences, Inc. (Nasdaq: GILD) has agreed to buy CV Therapeutics, Inc. (Nasdaq: CVTX) for $20.00 per share in cash. (more...) ...
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Bank Insiders Look Smart For a Change (C, WFC, BAC)

Some recent bank insiders that bought stock in their respective banks are finally looking smart after looking like fools for some time. Over the years, insider buying has been seen ...
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Pfizer’s Sutent Scores Another Pancreatic Tumor Win (PFE)

Pfizer Inc. (NYSE: PFE) is stopping its Phase III clinical trial of Sutent early.  This is generally a scare over adverse events, but not in this case.  Sutent apparently has ...
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Continuing Jobless Claims Reach Record Losses

We just got the latest round of weekly jobless claims, and it is still a worker bloodbath out there.  This last week's figure was put at 654,000.  Economists had project ...
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