Quantcast

Daily Archives: April 9, 2009

Rig Counts vs. Oil Prices: Equilibrium Is Near (BHI)

Posted: April 9, 2009 at 2:37 pm

Baker Hughes (NYSE: BHI) has released its weekly rig count. The overall count between the U.S. and Canada did post another drop despite the notion that oil prices have risen ...
Read Full Story »

GE (GE) Adds $10 Billion In Market Cap On Earnings Optimism

Posted: April 9, 2009 at 1:42 pm

GE (GE) is surging based on the assumption that results from Wells Fargo (WFC) are an indication that earnings from the conglomerate's financial services business will be relatively strong. The ...
Read Full Story »
apple-logo1

Will Q2 Be Better For Consumer Electronics Or Just Apple (AAPL)

Posted: April 9, 2009 at 12:57 pm

Apple (AAPL) is up today, but so is almost everything else. The company is getting special attention from investors because Credit Suisse  upgraded its view of the firm's prospects for ...
Read Full Story »
vix-chart

The Slow Death of the VIX

Posted: April 9, 2009 at 10:13 am

The CBOE Volatility Index, or the VIX or the 'fear index,' has been rolling over and dying because of the rally we have seen over the last five-week period.  The ...
Read Full Story »

Something Else To Blame on AIG!

Posted: April 9, 2009 at 10:00 am

The government is now insuring insurers. Guess who's at the center of the drama. By Chadwick Matlin of The Big Money In honor of spring cleaning, it's worth taking inventory ...
Read Full Story »
money-stack-image24

Equity One Joins REITs In Raising Cash (EQY)

Posted: April 9, 2009 at 9:17 am

Equity One, Inc. (NYSE:EQY) joined the ranks of REITs wanting to raise cash to pay down debt.  The REIT priced 6.5 million shares of common stock at $14.30 per share.  ...
Read Full Story »

Bill Ackman’s Target (TGT) Fund Rose 48% Last Month

Posted: April 9, 2009 at 9:05 am

Bill Ackman's Pershing Square's fund that invests solely in Target (NYSE: TGT) saw its value gain 48% in March. For the month of March, Target saw its shares rise by ...
Read Full Story »

More Financial Regulations, More Financial Failures

Posted: April 9, 2009 at 9:03 am

By John Tamny of RealClearMarkets Back in 2000 and 2001, the first stage of the Internet era ran aground in an ugly way. From Webvan to theGlobe.com to eToys, investors ...
Read Full Story »
money-stack-image22

Fuel Cells Get Nod in Connecticut (FCEL)

Posted: April 9, 2009 at 8:27 am

FuelCell Energy, Inc. (NASDAQ:FCEL) has received final approval from the Connecticut Department of Public Utility Control to build 9 plants that will together generate 27.3 megawatts of electricity. The state ...
Read Full Story »

Some Good News in Alternative Energy (APWR, GE)

Posted: April 9, 2009 at 8:20 am

A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR) is a Chinese maker of distributed power generation systems and, just recently, wind turbines. The company reported fourth quarter and full-year 2008 results before ...
Read Full Story »
money-stack-image20

March’s Retail Winners (BKE, FRED, GYMB, HOTT, JCP, TJX)

Posted: April 9, 2009 at 8:13 am

We are still seeing overall weak trends in the retail sector.  This is no shock based upon the overall drop in the economy and the growing army of unemployed workers ...
Read Full Story »
jobless-line-pic22

Now Almost 6 Million In Continuing Jobless Claims

Posted: April 9, 2009 at 7:39 am

The weekly jobless claims is still a dismal reading.  Thankfully, it was just a tad less dismal than before. The new drop came in at -20,000 from 674,000 to 654,000.  ...
Read Full Story »
money-stack-image19

Direxion Financial & Financials Win On Wells Fargo (WFC, BAC, JPM, C, FAS)

Posted: April 9, 2009 at 7:19 am

Wells Fargo & Co. (NYSE: WFC) is going to be taking the bank stocks significantly higher, particularly the Direxion Financial Bull 3X Shares (NYSE: FAS).  The company is releasing earnings ...
Read Full Story »
bank13

Easter Kills Wal-Mart (WMT), Stock Dives

Posted: April 9, 2009 at 7:13 am

Wal-Mart's (WMT) same-store sales were light, by a lot. For the four weeks of March, revenue was actually down 2% to $36.2 billion. International sales killed results by dropping 15% ...
Read Full Story »

Early Bird Analyst Calls (BBBY, BBT, FHN, LCAPA, OIIM, RF, STI, UHS)

Posted: April 9, 2009 at 6:19 am

These are some of the early bird analyst upgrades and downgrades we have seen on Wall Street this Thursday morning ahead of the long weekend: Bed Bath & Beyond (NASDAQ: ...
Read Full Story »