Quantcast

Monthly Archives: March 2009

bear26

IBM And The Rebirth Of Outsourcing (IBM)(INFY)(WIP)

Posted: March 26, 2009 at 4:13 am

A couple of month ago, India’s chief finance minister may have made calls to the heads of IBM (IBM) and several other large US tech companies to tell them that ...
Read Full Story »
water-lilies8

Criticism Of US Stimulus Gets Out Of Hand

Posted: March 26, 2009 at 4:00 am

Loose confederacies often come apart under pressure. There are now divisions forming in the European Union based on whether the countries in that alliance should put larger and larger sums ...
Read Full Story »
bank34

Housing: Getting Worse While Getting Better

Posted: March 26, 2009 at 3:53 am

Much was made of the new housing statistics. Sales of new homes nationwide jumped by 4.7% in February. Sales of new homes rose to a seasonally adjusted annual rate of ...
Read Full Story »
newspaper24

Media Digest 3/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 26, 2009 at 2:59 am

According to Reuters, Obama may be stretched to thin. Reuters reports that AIG (AIG) executives in Europe are resisting returning bonuses. Reuters reports that Obama will begin to tighten the ...
Read Full Story »
sunset12

Asia Markets 3/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 26, 2009 at 2:21 am

Markets in Asia were higher. The Nikkei rose 1.8% to 8,636. The Hang Seng was up 2.8% to 14,000. The Shanghai Composite rose 3.1% to 2,362. Data from Reuters. Douglas ...
Read Full Story »
gm20jpeg20image2

Government Signals It Will Help GM (GM) And Chrysler: Now The Hard Part

Posted: March 25, 2009 at 7:51 pm

According to The Wall Street Journal, the Administration's auto task force will recommend that the government give GM (GM) and Chrysler billions of dollars in more bailout capital rather than ...
Read Full Story »
money-stack-image55

The Two Sides of the Sohu.com’s Changyou.com IPO (SOHU, CYOU)

Posted: March 25, 2009 at 3:51 pm

We may actually get an IPO as soon as early next week.  This recent filing from Sohu.com Inc. (NASDAQ: SOHU) for the proposed spin-off of Changyou.com is supposed to trade ...
Read Full Story »
solar-panel-pic21

Will Wells Fargo Become Solar Lender of Choice? (WFC)

Posted: March 25, 2009 at 2:18 pm

There has been an interesting ride in the solar sector that was almost identical to what was seen in the tech bubble days in 1999 and 2000.  Just like the ...
Read Full Story »
money-stack-image54

Does Victory’s Buy of TouchTunes Increase Viability of SPACs? (VRY)

Posted: March 25, 2009 at 1:49 pm

There was a reverse merger yesterday which is essentially a reverse IPO as well.  A special purpose acquisition company, or SPAC, called Victory Acquisition Corp. (AMEX: VRY) announced that it ...
Read Full Story »
burning-money-pic32

Going Concern Notes Keep Coming from Auditors (AIG, CTIC, COA, NYNY, TGIC)

Posted: March 25, 2009 at 11:12 am

We are still seeing many auditor notes containing a "going concern" doubt about companies and their ability to continue operations without added funding or business changes.  Last week,we outlined many ...
Read Full Story »

Demanding a Resolution

Posted: March 25, 2009 at 10:18 am

Treasury wants more takeover power. Congress should make it happen. By Chadwick Matlin of The Big Money Tim Geithner is getting the hang of this Washington thing. A day after ...
Read Full Story »
solar-panel-pic20

A Green Business Investing Conference (ASTI, DSTI, HEV, LDK, RSOL, STP, VLNC, VRNM)

Posted: March 25, 2009 at 9:39 am

A conference on clean and green technology sponsored by ThinkEquity LLC opened yesterday in San Francisco. It is billed as a gathering for industry executives, investors, influencers and policy makers ...
Read Full Story »
solar-panel-pic18

Another Bad Day in the Sun (SOLF)

Posted: March 25, 2009 at 9:24 am

Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF) reported fourth quarter 2008 and full-year results this morning. For the quarter, Solarfun posted a net loss of -$1.14/ADS. Revenue was $164.6 million, down ...
Read Full Story »

Homebuilder ETF’s Hope This Is A Bottom (XHB, ITB)

Posted: March 25, 2009 at 9:20 am

There was another positive number on new home sales data for the month of February.  It looks like new home sales came in UP 4.7% at 337,000 annualized units.  The ...
Read Full Story »
coal-image3

EPA Stutters on Mountaintop Removal Mining (MEE)

Posted: March 25, 2009 at 8:49 am

The US Environmental Protection Agency has sent a letter to two offices of the Army Corps of Engineers related to "potential harmful impacts on water quality" at two surface coal ...
Read Full Story »