Quantcast

Monthly Archives: April 2009

b-of-a-logo3

BofA Needs More Time To Tally Votes on Lewis & Other Issues (BAC)

Posted: April 29, 2009 at 12:13 pm

Bank of America Corporation (NYSE: BAC) has already had all of its votes turned in on the shareholder issues up for a vote.  We have been (painfully) listening to the ...
Read Full Story »

Massaging Bank Numbers—A How-To Guide

Posted: April 29, 2009 at 11:18 am

Now you, too, can have a great first quarter. By Martha C. White of The Big Money So you run a bank. And it's not been the smoothest sailing lately. ...
Read Full Story »
solar-panel-pic12

Will Solar Conference Address Slowing Trends? (FSLR, STP, AMAT, AKNS, TSL)

Posted: April 29, 2009 at 10:49 am

Solar industry consulting firm, Solarplaza, hosting a conference on "The Solar Future" on May 26th in Munich, Germany. Speakers from First Solar, Inc. (NASDAQ:FSLR), Suntech Power Holdings Co. Ltd. (NYSE:STP), ...
Read Full Story »
burning-money-pic32

Speculative Swine Flu Stocks Giving It Back (NVAX, GNBT, BCRX, PURE, VICL, VIVO, AVII)

Posted: April 29, 2009 at 10:23 am

This week there have been many crazy stock gains among the speculative biotech sector, and these were tied directly to the 'speculative stocks' that could have any ties in reality, ...
Read Full Story »
burning-money-pic31

ArcelorMittal Needs Capital On Top of Losses (MT)

Posted: April 29, 2009 at 9:49 am

The world's largest steel maker, ArcelorMittal (NYSE: MT), is reporting quarterly results lower than even last quarter's dismal showing. Analysts weren't expecting much, and they got even less.  To add ...
Read Full Story »
b-of-a-logo2

Ken Lewis Gets Backing of Shareholder Activist Evelyn Davis (BAC, BLK)

Posted: April 29, 2009 at 9:29 am

Bank of America Corporation (NYSE: BAC) just started out its annual shareholder meeting with a traditional introduction from CEO Ken Lewis.  It is no shock that he is under fire ...
Read Full Story »
oil-well-image14

Reviewing Emerging Oil Giants Petrobras, CNOOC, and PetroChina (PBR, CEO, PTR)

Posted: April 29, 2009 at 9:15 am

Leading oil and gas industry news source, Platts, named Brazil's national oil company Petroleo Brasileiro (NYSE:PBR), aka Petrobras, its hydrocarbon producer of the year for 2008. Platts cited Petrobras for ...
Read Full Story »
burning-money-pic30

Williams and the Venezuelan Pokey (WMB)

Posted: April 29, 2009 at 9:00 am

Williams Companies, Inc. (NYSE: WMB) is getting to disclose just how fun it can be in dealing with a volatile regime in Latin America.  Venezuela is front and center, and ...
Read Full Story »

Analysts Piling Into Dendreon (DNDN)

Posted: April 29, 2009 at 8:01 am

Dendreon Corp. (NASDAQ: DNDN) has already been all over the news with its positive PROVENGE data for the submission of an FDA application now looking likely late in 2009 with ...
Read Full Story »
burning-money-pic29

A Possible Crest in GDP Declines

Posted: April 29, 2009 at 7:45 am

We just got our first look at the Q1-2009 GDP.  The initial report shows -6.1%, much worse than expected but not as bad as the -6.3% in Q4-2008.  Bloomberg had ...
Read Full Story »

Top Analyst Downgrades (ARB, DB, ETFC, FPL, HXL, M, SFD, UA, ZUMZ)

Posted: April 29, 2009 at 6:55 am

These are most of the top early bird pre-market downgrades and negative research calls we have seen from Wall Street analysts this Wednesday morning: Arbitron (ARB) Cut to Neutral at ...
Read Full Story »

Top Analyst Upgrades (BCS, IDTI, JNY, NTES, POR, SQNM, TRMB, UEC)

Posted: April 29, 2009 at 6:51 am

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning: Barclays (BCS) Raised to Overweight at HSBC. ...
Read Full Story »
r218533_8550255

Media Slowdown Catches Up With Time Warner (TWX)

Posted: April 29, 2009 at 5:25 am

The advertising recession caught up with Time Warner (TWX) in the first quarter. Revenues declined 7% from 2008 to $6.9 billion, due mainly to decreases at the AOL, Publishing and ...
Read Full Story »
winter17

Based On Bad Earnings, Could Oracle (ORCL) Walk Out On Sun (JAVA)

Posted: April 29, 2009 at 5:03 am

The term "material adverse effect" was not in the business vocabulary until about two years ago when LBO deals began to fall apart. Acquirers who got cold feet, or could ...
Read Full Story »

E*TRADE: Higher Loan Loss Reserves & Capital-Raise Needs (ETFC)

Posted: April 29, 2009 at 4:54 am

E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) has just reported a net loss of $233 million, or -$0.41 EPS, on revenue of $497 million.   E*TRADE has fewer analysts than before, but Thomson ...
Read Full Story »